Monthly Archives: February 2015

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

Posted on February 5, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.25% against the USD to close at 0.7758. Yesterday, a global investment bank downgraded Australia’s economic growth prospects and projected that the RBA would again cut its benchmark … Continue reading →

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USD/CAD: Loonie trading higher in the Asian session

Posted on February 5, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.15% against the CAD to close at 1.2571. The CAD came under pressure, after Canada’s Ivey PMI plunged to a 4-year low level of 42.6 in January, lower … Continue reading →

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USD/CHF: Swiss Franc trading stronger ahead of Switzerland’s SECO consumer confidence data

Posted on February 5, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CHF and closed at 0.9256. In the Asian session, at GMT0400, the pair is trading at 0.9229, with the USD trading 0.3% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading higher ahead of the BoE’s interest rate decision

Posted on February 5, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.21% against the USD and closed at 1.5189, following stronger than expected services PMI data in the UK. The services PMI in the UK climbed to 57.2 in … Continue reading →

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EUR/USD: Euro trading higher ahead of Germany’s factory orders data

Posted on February 5, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.26% against the USD and closed at 117.27. Losses were kept in check, following better than expected services PMI data from the Euro-zone and Germany. In the Euro-zone, … Continue reading →

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Trading Signals as per 04-February-2015

Posted on February 4, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/JPY BUY Active 133.68 135.38 USD/CAD BUY Active 1.2308 1.2498 EUR/USD SELL Active 1.1562 1.1412 GBP/USD SELL Active 1.5272 1.5102 AUD/USD BUY Active 0.7728 0.7868 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 higher ahead of the EIA’s weekly crude oil data

Posted on February 4, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 4.03% against the USD for the 24 hour period ending 23:00GMT, closing at 51.89. Yesterday, the American Petroleum Institute (API) revealed that the US crude oil inventories rose by more than 6 million … Continue reading →

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Silver: White metal trading a tad higher this morning

Posted on February 4, 2015 by GCI Financial

Silver Movement Silver prices rose 0.58% to USD 17.32 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 17.32, with the silver trading marginally higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on February 4, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 1.02% against the USD in the 24 hour period ending 23:00GMT, at 1262.10 per ounce, extending its previous session losses, following a strong upward trend in the global equity markets. In the Asian … Continue reading →

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AUD/USD: Aussie trading higher in the Asian session

Posted on February 4, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.29% against the USD to close at 0.7777. Yesterday, the AiG performance of services index in Australia climbed to a level of 49.9 in January, following a reading … Continue reading →

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USD/CAD: Loonie trading stronger ahead of Canada’s Ivey PMI data

Posted on February 4, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.20% against the CAD to close at 1.2428. In economic news, the raw material price index in Canada retreated less than expected by 7.6% on a MoM basis … Continue reading →

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