Monthly Archives: January 2015

USD/CAD: Canadian PM, Stephen Harper supports BoC’s interest rate decision

Posted on January 23, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the CAD to close at 1.2392. Yesterday, the Canadian Prime Minister, Stephen Harper stated that the BoC’s recent decision to cut its key interest rate was … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc reverses its losses this morning

Posted on January 23, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.13% against the CHF and closed at 0.8708, rebounding from its previous session losses. In the Asian session, at GMT0400, the pair is trading at 0.8705, with the … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen reverses its losses this morning

Posted on January 23, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.57% against the JPY and closed at 118.61. In the Asian session, at GMT0400, the pair is trading at 118.39, with the USD trading 0.19% lower from yesterday’s … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading on a weaker footing ahead of the UK retail sales data

Posted on January 23, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.84% against the USD and closed at 1.5014, after the public sector net borrowing unexpectedly registered a surplus of £12.50 billion in December, following a revised surplus of … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro is trading marginally lower ahead of the Euro-zone’s PMI data

Posted on January 23, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 2.08% against the USD and closed at 1.1366, after the ECB announced its highly-anticipated decision to implement quantitative easing. Yesterday, the ECB Chief, Mario Draghi, stated that the … Continue reading →

Posted in EUR/USD | Comments Off

Trading Signals as per 22-January-2015

Posted on January 22, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1498 1.1628 USD/CHF BUY Active 0.8458 0.8688 AUD/USD SELL Active 0.8132 0.8022 GBP/USD BUY Active 1.5038 1.5178 USD/CAD BUY Active 1.2268 1.2418 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading →

Posted in Trading Signals | Leave a comment

Crude Oil: Oil trading lower ahead of the weekly crude oil data from the EIA

Posted on January 22, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.97% against the USD for the 24 hour period ending 23:00GMT, closing at 47.59, after the OPEC’s Secretary General, Abdalla El-Badri, stated that oil prices would rebound rather than extending its decline to … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading higher in the Asian session

Posted on January 22, 2015 by GCI Financial

Silver Movement Silver prices rose 1.45% to USD 18.24 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 18.145, with the silver trading 0.06% higher from yesterday’s close. The pair … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal extends its gains this morning

Posted on January 22, 2015 by GCI Financial

Gold Movement Gold prices traded a tad higher against the USD in the 24 hour period ending 23:00GMT, at 1294.20 per ounce, amid rising speculations that the ECB would adopt a full-scale quantitative easing programme at its meeting scheduled later … Continue reading →

Posted in Gold | Comments Off

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

Posted on January 22, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.89% against the USD to close at 0.8093. LME Copper prices declined 2.26% or $130.0/MT to $5630.5/MT. Aluminium prices rose 0.05% or $1.0/MT to $1831.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: The BoC unexpectedly slashed its interest rate

Posted on January 22, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.99% against the CAD to close at 1.2351. The CAD lost ground after the BoC surprised markets by cutting its key interest rate by a quarter point to … Continue reading →

Posted in USD/CAD | Comments Off