Monthly Archives: October 2014

Crude Oil: Oil trading between its MA’s

Posted on October 30, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.64% against the USD for the 24 hour period ending 23:00GMT, closing at 82.01, after the Energy Information Administration (EIA) showed that the US crude oil inventories increased by 2.1 million barrels to … Continue reading →

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Silver: White-metal trading higher in the Asian session

Posted on October 30, 2014 by GCI Financial

Silver Movement Silver prices declined 0.52% to USD 17.11 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.16, with the silver trading 0.35% higher … Continue reading →

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Gold: Yellow metal reverses its losses this morning

Posted on October 30, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 1.38% against the USD in the 24 hour period ending 23:00GMT, at 1211.20 per ounce, after the Fed in its latest monthly monetary policy decided to end to its monthly bond buying program, … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on October 30, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.71% against the USD to close at 0.8790, amid a broad strengthening in the greenback. LME Copper prices declined 0.07% or $4.5/MT to $6855.0/MT. Aluminium prices rose 1.08% … Continue reading →

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USD/CAD: Canada’s economic growth at risk if low oil prices persists said the BoC’s Governor

Posted on October 30, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CAD to close at 1.1187. Yesterday, the BoC Governor, Stephen Poloz warned that if oil prices continue to fall the central bank would be forced … Continue reading →

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USD/CHF: Swiss Franc trading lower ahead of the UBS consumption and KOF leading indices data

Posted on October 30, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.80% against the CHF and closed at 0.9545. In the Asian session, at GMT0400, the pair is trading at 0.9559, with the USD trading 0.15% higher from yesterday’s … Continue reading →

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USD/JPY: Japanese Yen extends its losses this morning

Posted on October 30, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.63% against the JPY and closed at 108.79, after the Fed agreed to end its third and final round of quantitative easing program, at its recently concluded monetary … Continue reading →

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GBP/USD: Pound trading on a stronger footing this morning

Posted on October 30, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.75% against the USD and closed at 1.6013, after the UK mortgage approvals dropped more than expected to 61.3 K, marking its lowest level since July 2013 and … Continue reading →

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EUR/USD: Euro trading lower ahead of Germany’s CPI data

Posted on October 30, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.77% against the USD and closed at 1.2638. The US Dollar traded higher after the Fed at its monthly monetary policy meeting agreed to end its asset-buying program … Continue reading →

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Trading Signals as per 29-October-2014

Posted on October 29, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/JPY BUY Active 107.68 108.38 USD/CAD BUY Active 1.1118 1.1188 AUD/USD SELL Active 0.8912 0.8842 NZD/USD BUY Active 0.7888 0.7968 EUR/CHF BUY Active 1.1990 1.2110 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading →

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Crude Oil: Oil trading higher ahead of the weekly oil inventory data by the EIA

Posted on October 29, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.00% against the USD for the 24 hour period ending 23:00GMT, closing at 81.49, as the US reported upbeat consumer confidence data in October thus raising the demand outlook of the commodity from … Continue reading →

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