Monthly Archives: February 2015

Crude Oil: Oil trading lower ahead of the EIA’s oil inventory data

Posted on February 11, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 3.19% against the USD for the 24 hour period ending 23:00GMT, closing at 50.74, after the International Energy Agency (IEA) warned that global supplies would continue to rise. The agency also predicted that … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on February 11, 2015 by GCI Financial

Silver Movement Silver prices declined 0.38% to USD 16.92 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 16.99, with the silver trading 0.41% higher … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on February 11, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.36% against the USD in the 24 hour period ending 23:00GMT, at 1234.40 per ounce, amid an upward trend in the global equity markets. Meanwhile, bullion investors continued to keep a close eye … Continue reading →

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AUD/USD: Aussie trading flat this morning

Posted on February 11, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.35% against the USD to close at 0.7771. In economic news, Westpac consumer confidence index registered a level of 100.7 in February, up from previous month’s reading of … Continue reading →

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

Posted on February 11, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.94% against the CAD to close at 1.2588. Yesterday, the BoC’s Senior Deputy Governor, Carolyn Wilkins stated that the Canadian economy still has room to grow, despite declining … Continue reading →

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USD/CHF: Swiss Franc trading a tad higher in the Asian session

Posted on February 11, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CHF and closed at 0.9270. The Swiss Franc lost ground after unemployment rate in Switzerland rose to 3.5% in January, compared to previous month’s level … Continue reading →

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USD/JPY: Japanese Yen trading lower in the Asian session

Posted on February 11, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.67% against the JPY and closed at 119.43, rebounding from its previous session losses. In the Asian session, at GMT0400, the pair is trading at 119.63, with the … Continue reading →

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GBP/USD: The NIESR estimated GDP recorded a rise in the November-January 2015 period

Posted on February 11, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.28% against the USD and closed at 1.5260, following upbeat assessment of the UK economy by the NIESR. The NIESR estimated that Britain’s economy grew 0.7% in the … Continue reading →

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EUR/USD: Euro trading marginally higher ahead of the Euro-zone’s Finance ministers meeting on Greece

Posted on February 11, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.08% against the USD and closed at 1.1318, amid uncertainty surrounding Greece exiting the Euro-zone. In economic news, industrial production in France dropped 0.10% on a YoY basis … Continue reading →

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Trading Signals as per 10-February-2015

Posted on February 10, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9168 0.9288 GBP/USD SELL Active 1.5302 1.5202 USD/JPY SELL Active 119.02 118.22 GBP/CHF SELL Active 1.4222 1.3992 AUD/USD SELL Active 0.7846 0.7762 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading →

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Crude Oil: The OPEC raised oil’s demand growth outlook

Posted on February 10, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.27% against the USD for the 24 hour period ending 23:00GMT, closing at 52.41. Losses in oil prices were kept in check, after the Organization of the Petroleum Exporting Countries (OPEC) raised its … Continue reading →

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