Monthly Archives: November 2014

GBP/USD: Pound reverses its losses ahead of the UK CPI data

Posted on November 18, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.19% against the USD and closed at 1.5636, extending its earlier session losses. Yesterday, the UK Prime Minister, David Cameron stated that the world was on the verge … Continue reading →

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EUR/USD: Euro trading higher ahead of Germany’s ZEW survey data

Posted on November 18, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.54% against the USD and closed at 1.2450, after the ECB President, Mario Draghi, in his testimony before the European Union’s Parliament, reinforced the central bank’s commitment of … Continue reading →

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Trading Signals as per 17-November-2014

Posted on November 17, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9528 0.9618 USD/CAD BUY Active 1.1248 1.1318 GBP/CHF BUY Active 1.4978 1.5108 EUR/JPY SELL Active 146.22 144.92 NZD/USD BUY Active 0.7878 0.7968 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 on a weaker footing this morning

Posted on November 17, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 2.17% against the USD for the period ending 21:00GMT, closing at 75.94, amid rising speculations that the OPEC would be forced to slash its output after prices declined below $80 a … Continue reading →

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Silver: White metal reverses its gains in the Asian session

Posted on November 17, 2014 by GCI Financial

Silver Movement On Friday, Silver prices rose 4.32% to USD 16.31 per ounce during the period ending 21:00GMT, tracking heavy gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.23, with the silver trading … Continue reading →

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Gold: Yellow metal trading lower this morning

Posted on November 17, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 2.35% against the USD in the period ending 21:00GMT, at 1189.20 per ounce, as the US Treasury yields failed to register gains despite data revealing a better-than-expected US retail sales and … Continue reading →

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AUD/USD: Aussie extends its gains this morning

Posted on November 17, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.48% against the USD to close at 0.8754. LME Copper prices declined 0.90% or $60.5/MT to $6695.0/MT. Aluminium prices declined 2.15% or $44.5/MT to $2020.5/MT. In the Asian session, at GMT0400, the pair … Continue reading →

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USD/CAD: Loonie trading on a stronger footing this morning

Posted on November 17, 2014 by GCI Financial

USDCAD Movement On Friday, the USD declined 0.79% against the CAD to close at 1.1283. On the macro front, Canada’s manufacturing shipments climbed 2.1% on a monthly basis in September, compared to a revised drop of 3.5% in the prior … Continue reading →

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USD/CHF: Swiss Franc trading lower in the Asian session

Posted on November 17, 2014 by GCI Financial

USDCHF Movement On Friday, the USD declined 0.48% against the CHF and closed at 0.9591. In the Asian session, at GMT0400, the pair is trading at 0.9569, with the USD trading 0.23% lower from Friday’s close. Over the weekend, the … Continue reading →

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USD/JPY: Japanese economy slipped into recession in Q3

Posted on November 17, 2014 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 0.42% against the JPY and closed at 116.27, following upbeat economic releases from the US. In the Asian session, at GMT0400, the pair is trading at 115.85, with the USD trading 0.36% lower … Continue reading →

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GBP/USD: Pound reverses its losses in the Asian session

Posted on November 17, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP fell 0.17% against the USD and closed at 1.5680, after the UK’s construction output rose 1.8% on a monthly basis in September, lower than market expected increase of 4.0% and following a drop of 3.0% … Continue reading →

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