Monthly Archives: December 2014

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

Posted on December 29, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.07% against the USD to close at 0.8121. In economic news, Chinese industrial profits fell 4.2% in November, recording the highest annual decline since August 2012. On a YTD basis, industrial profits advanced … Continue reading →

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USD/CAD: Loonie trading above its MA’s

Posted on December 29, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.09% against the CAD to close at 1.1623. In the Asian session at 4:00GMT, USD is trading at 1.1630, 0.06% higher against the Canadian dollar from Friday’s close. The pair is expected to … Continue reading →

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USD/CHF: Swiss Franc nudged higher ahead of the UBS Consumption Indicator

Posted on December 29, 2014 by GCI Financial

USDCHF Movement On Friday, the USD rose 0.35% against the CHF and closed at 0.9878. In the Asian session, at 4:00GMT, the USD is trading at 0.9869, 0.09% lower versus Swiss Franc, from yesterday’s close. The pair is expected to … Continue reading →

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USD/JPY: $29 billion stimulus plan approved by the Japan cabinet

Posted on December 29, 2014 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 0.13% against the JPY and closed at 120.40. The JPY continued its downward trend after poor macro-economic data from Japan cast doubts on the economic health of the nation. Data released last week … Continue reading →

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GBP/USD: UK economy surpasses France as fifth largest in the world.

Posted on December 29, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP marginally declined against the USD and closed at 1.5555. Last week, the Centre for Economics and Business Research (CEBR) revealed that the UK economy has overtaken France to become the world’s fifth largest economy. Furthermore, … Continue reading →

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EUR/USD: Greece election crisis engulfs the Euro-zone economy

Posted on December 29, 2014 by GCI Financial

EURUSD Movement On Friday, the EUR declined 0.34% against the USD and closed at 1.2178, on concerns of political instability in Greece. Last week, the ruling party of Greece was not able to secure majority votes in the parliament, despite … Continue reading →

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Trading Signals as per 24-December-2014

Posted on December 24, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit AUD/USD SELL Active 0.8141 0.8096 EUR/USD SELL Active 1.2244 1.2199 GBP/AUD BUY Active 1.9002 1.9222 GBP/USD BUY Active 1.5434 1.5655 EUR/CHF BUY Active 1.1945 1.2200 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 lower ahead of the weekly crude oil data from the EIA

Posted on December 24, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.21% against the USD for the 24 hour period ending 23:00GMT, closing at 56.77, after the US economy expanded at the quickest pace in more than a decade, thus bolstered the demand outlook … Continue reading →

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Silver: White metal trading flat this morning

Posted on December 24, 2014 by GCI Financial

Silver Movement Silver prices rose 0.45% to USD 15.76 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 15.755, with the silver trading flat from yesterday’s close. The pair is … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on December 24, 2014 by GCI Financial

Gold Movement Gold prices traded a tad higher against the USD in the 24 hour period ending 23:00GMT, at 1176.60 per ounce. Gains in the yellow metal were capped after the US 3Q GDP grew at its quickest pace since … Continue reading →

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AUD/USD: Aussie reverses its losses this morning

Posted on December 24, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.17% against the USD to close at 0.8107. Yesterday, data indicated that Australia’s leading index eased 0.2% in October, following a drop of 0.3% registered in the prior … Continue reading →

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