Monthly Archives: October 2014

USD/CAD: Loonie trading higher in the Asian session

Posted on October 24, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 1.1227. In the Asian session, at GMT0300, the pair is trading at 1.1221, with the USD trading a tad lower from … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing in the Asian session

Posted on October 24, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded marginally higher against the CHF and closed at 0.9539. Meanwhile, the first poll conducted yesterday for opinion regarding the Swiss gold referendum suggested a ‘yes’ vote could be … Continue reading →

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USD/JPY: Japanese Yen trading on a stronger footing this morning

Posted on October 24, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.95% against the JPY and closed at 108.18. In the Asian session, at GMT0300, the pair is trading at 108.03, with the USD trading 0.14% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading lower ahead of the UK GDP data

Posted on October 24, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.07% against the USD and closed at 1.6035, after retail sales in the UK eased 0.3% on a monthly basis in September, higher than market expectations for a … Continue reading →

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EUR/USD: Euro reverses its gains ahead of Germany’s GfK consumer confidence data

Posted on October 24, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded marginally higher against the USD and closed at 1.2649, following upbeat services and manufacturing PMI data from the Euro-zone, thus reducing fears over the region’s growth outlook. Manufacturing … Continue reading →

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Trading Signals as per 23-October-2014

Posted on October 23, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9582 0.9512 USD/CAD BUY Active 1.1208 1.1288 AUD/USD BUY Active 0.8718 0.8788 EUR/CHF BUY Active 1.2030 1.2123 USD/JPY SELL Active 107.52 107.07 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 below its MA’s

Posted on October 23, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.84% against the USD for the 24 hour period ending 23:00GMT, closing at 80.38, after the Energy Information Administration (EIA) in its weekly oil report showed that the US crude stockpiles increased 7.1 … Continue reading →

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Silver: White metal reverses its losses this morning

Posted on October 23, 2014 by GCI Financial

Silver Movement Silver prices declined 1.83% to USD 17.19 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.20, with the silver trading 0.09% higher … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on October 23, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.55% against the USD in the 24 hour period ending 23:00GMT, at 1242.00 per ounce, after encouraging consumer prices data from the US raised speculations that the Fed might think about a rate … Continue reading →

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AUD/USD: Aussie trading on a weaker footing this morning

Posted on October 23, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded marginally lower against the USD to close at 0.8766, amid a broad strengthening in the greenback. Yesterday, the RBA Governor, Glenn Stevens expressed concerns over Australia’s lending standards … Continue reading →

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USD/CAD: The BoC held its interest rates steady at 1.0%

Posted on October 23, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CAD to close at 1.1239. The Canadian Dollar lost ground, after Canada’s retail sales unexpectedly eased 0.3% on a monthly basis in August, lower than … Continue reading →

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