Monthly Archives: February 2015

Gold: Yellow metal trading on a stronger footing this morning

Posted on February 6, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.32% against the USD in the 24 hour period ending 23:00GMT, at 1266.70 per ounce, after the US initial claims for jobless benefits rose less than anticipated and as a rally in global … Continue reading →

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AUD/USD: The RBA cuts Australia’s economic growth and inflation forecasts

Posted on February 6, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.61% against the USD to close at 0.7805. In economic news, Australia’s AiG performance of construction index advanced to a level of 45.9 in January, from prior month’s … Continue reading →

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USD/CAD: Loonie reverses its gains ahead of Canada’s jobless rate data

Posted on February 6, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.09% against the CAD to close at 1.2434. In economic news, the international merchandise trade deficit in Canada widened to CAD0.65 billion in December, compared to market expectations … Continue reading →

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

Posted on February 6, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.20% against the JPY and closed at 117.50. In the Asian session, at GMT0400, the pair is trading at 117.32, with the USD trading 0.16% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading on a slightly weaker footing in the Asian session

Posted on February 6, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.97% against the USD and closed at 1.5335, extending its previous session gains. Yesterday, the BoE made no changes in its monetary policy and maintained its key interest … Continue reading →

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EUR/USD: Euro trading lower ahead of Germany’s industrial production data

Posted on February 6, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.23% against the USD and closed at 1.1477, on the back of stronger than expected factory orders data in Germany, coupled with the European Commission’s upbeat assessment about … Continue reading →

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Trading Signals as per 05-February-2015

Posted on February 5, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1407 1.1352 EUR/JPY SELL Active 134.32 132.42 GBP/CHF BUY Active 1.3908 1.4148 AUD/USD SELL Active 0.7842 0.7732 USD/CHF BUY Active 0.9168 0.9278 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading →

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

Posted on February 5, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.26% against the JPY and closed at 117.27. In the Asian session, at GMT0400, the pair is trading at 117.33, with the USD trading a tad higher from … Continue reading →

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Crude Oil: Oil trading lower this morning

Posted on February 5, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 5.90% against the USD for the 24 hour period ending 23:00GMT, closing at 48.83, after the Energy Information Administration showed that the US crude stockpiles expanded more than anticipated by 6.3 million barrels … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on February 5, 2015 by GCI Financial

Silver Movement Silver prices rose 0.43% to USD 17.39 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 17.44, with the silver trading 0.29% higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on February 5, 2015 by GCI Financial

Gold Movement Gold prices traded higher 0.69% against the USD in the 24 hour period ending 23:00GMT, at 1270.80 per ounce, following disappointing economic data in the US, as the ADP private sector employment increased less than expected. Gold prices … Continue reading →

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