Monthly Archives: November 2014

AUD/USD: Aussie extends its gains this morning

Posted on November 24, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.55% against the USD to close at 0.8665. In China, Australia’s biggest trading partner, the PBoC surprisingly cut its benchmark interest rates for the first time since July 2012, to help support the … Continue reading →

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USD/CAD: Loonie trading higher in the Asian session

Posted on November 24, 2014 by GCI Financial

USDCAD Movement On Friday, the USD declined 0.64% against the CAD to close at 1.1237. The CAD gained ground following upbeat inflation data from Canada. Canada’s consumer prices unexpectedly rose 0.1% on a monthly basis in October, beating market expectations … Continue reading →

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USD/CHF: Swiss Franc trading lower ahead of Swiss Q3 employment level data

Posted on November 24, 2014 by GCI Financial

USDCHF Movement On Friday, the USD rose 1.21% against the CHF and closed at 0.9701. In economic news, Switzerland’s M3 money supply advanced 3.4% on an annual basis in October, following a similar rise recorded in September. In the Asian … Continue reading →

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USD/JPY: Japanese Yen trading on weaker footing this morning

Posted on November 24, 2014 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.42% against the JPY and closed at 117.76. In the Asian session, at GMT0400, the pair is trading at 117.83, with the USD trading 0.06% higher from Friday’s close. The pair is expected … Continue reading →

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

Posted on November 24, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP fell 0.28% against the USD and closed at 1.5647. In economic news, the UK’s public sector net borrowing registered a surplus of £7.1 billion in October, compared to a revised surplus of £10.6 billion in … Continue reading →

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EUR/USD: Euro trading higher, ahead of Germany’s IFO data

Posted on November 24, 2014 by GCI Financial

EURUSD Movement On Friday, EUR declined 1.22% against the USD and closed at 1.2388, after the ECB Chief, Mario Draghi reiterated that the central bank stands ready to expand its asset purchases, if inflation continues to persist in the common-currency … Continue reading →

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Trading Signals as per 21-November-2014

Posted on November 21, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit NZD/USD BUY Active 0.7808 0.7888 GBP/USD SELL Active 1.5752 1.5632 USD/JPY BUY Active 116.88 118.28 USD/CAD BUY Active 1.1268 1.1338 EUR/JPY BUY Active 146.58 147.98 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 above its MA’s

Posted on November 21, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 3.12% against the USD for the 24 hour period ending 23:00GMT, closing at 76.62, amid speculations that the Organization of the Petroleum Exporting Countries (OPEC) would take action at its November 27 meeting … Continue reading →

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Silver: White-metal trading flat this morning

Posted on November 21, 2014 by GCI Financial

Silver Movement Silver prices rose 0.65% to USD 16.23 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.22, with the silver trading flat from … Continue reading →

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Gold: Yellow-metal trading higher in the Asian session

Posted on November 21, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.94% against the USD in the 24 hour period ending 23:00GMT, at 1193.00 per ounce, after downbeat weekly initial jobless claims and manufacturing PMI in the US, thus enhancing the demand outlook for … Continue reading →

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AUD/USD: Aussie extends its gains in the Asian session

Posted on November 21, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.19% against the USD to close at 0.8618. LME Copper prices declined 0.40% or $27.0/MT to $6688.0/MT. Aluminium prices declined 0.40% or $8.0/MT to $2017.0/MT. In the Asian … Continue reading →

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