Monthly Archives: November 2014

USD/CAD: Loonie trading higher ahead of Canada’s monthly inflation data

Posted on November 21, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.34% against the CAD to close at 1.1310, reversing its previous session gains, after Canadian wholesale sales climbed 1.8% on a monthly basis in September, compared to a … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing this morning

Posted on November 21, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CHF and closed at 0.9585. On the macro front, Swiss trade balance surplus expanded to CHF3.26 billion in October, higher than market expectations to expand … Continue reading →

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

Posted on November 21, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.09% against the JPY and closed at 118.26. In economic news, Japan’s annual machine tool orders registered a rise of 30.8% in October, compared to a rise of … Continue reading →

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GBP/USD: Pound extends its gains in the Asian session

Posted on November 21, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.09% against the USD and closed at 1.5691, following stronger than expected monthly retail sales in the UK. Britain’s retail sales rose 0.8% on a monthly basis in … Continue reading →

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EUR/USD: Euro trading higher ahead of the ECB Chief’s speech

Posted on November 21, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded marginally lower against the USD and closed at 1.2540, after the Euro-zone as well as Germany registered dismal economic data. Yesterday, economic data showed that manufacturing PMI in … Continue reading →

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Trading Signals as per 20-November-2014

Posted on November 20, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/JPY BUY Active 117.98 119.08 USD/CAD SELL Active 1.1392 1.1322 AUD/USD SELL Active 0.8632 0.8562 GBP/CHF SELL Active 1.5062 1.4932 EUR/CHF BUY Active 1.1945 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 below its MA’s

Posted on November 20, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices traded a tad higher against the USD for the 24 hour period ending 23:00GMT, closing at 74.30. Separately, the Energy Information Administration (EIA) showed that the US crude stockpiles unexpectedly gained by 2.6 million … Continue reading →

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Silver: White metal extends its losses this morning

Posted on November 20, 2014 by GCI Financial

Silver Movement Silver prices declined 0.19% to USD 16.12 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 15.96, with the silver trading 0.96% lower … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on November 20, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 1.11% against the USD in the 24 hour period ending 23:00GMT, at 1181.90 per ounce, after the recently released Fed minutes showed that the US economy has improved, thus diminishing the safe-haven appeal … Continue reading →

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AUD/USD: Aussie trading a tad lower in the Asian session

Posted on November 20, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.35% against the USD to close at 0.8601. LME Copper prices rose 0.46% or $31.0/MT to $6715.0/MT. Aluminium prices rose 0.47% or $9.5/MT to $2025.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie continues its losses in the Asian session

Posted on November 20, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.40% against the CAD to close at 1.1348. In the Asian session, at GMT0400, the pair is trading at 1.1349, with the USD trading a tad higher from … Continue reading →

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