Monthly Archives: February 2015

Gold: Yellow metal trading on a weaker footing this morning

Posted on February 24, 2015 by GCI Financial

Gold Movement Gold prices traded flat against the USD in the 24 hour period ending 23:00GMT, at 1202.40 per ounce. Meanwhile, bullion investors look forward to the Fed Chairperson, Janet Yellen’s testimony for signs of when the US central bank … Continue reading →

Posted in Gold | Comments Off

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

Posted on February 24, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.51% against the USD to close at 0.7802, reversing its earlier session gains. LME Copper prices declined 0.88% or $50.0/MT to $5657.0/MT. Aluminium prices declined 1.34% or $-24.0/MT … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading lower ahead of the BoC Governor’s speech

Posted on February 24, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD to close at 1.2570. In the Asian session, at GMT0400, the pair is trading at 1.2594, with the USD trading 0.19% higher from yesterday’s … Continue reading →

Posted in USD/CAD | Comments Off

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

Posted on February 24, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.05% against the CHF and closed at 0.9500. Yesterday, the SNB indicated that M3 money supply in Switzerland climbed 3.20% on an annual basis in January. In the … Continue reading →

Posted in USD/CHF | Comments Off

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

Posted on February 24, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.16% against the JPY and closed at 118.86. In economic news, supermarket sales in Japan fell 1.70% on an annual basis in January, compared to a drop of … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading on a weaker footing ahead of the BoE Governor, Mark Carney’s speech

Posted on February 24, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.43% against the USD and closed at 1.5456. In economic news, the CBI distributive trade survey’s retail sales balance in the UK tumbled to 1.0 in February, the … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading lower ahead of Germany’s 4Q GDP data

Posted on February 24, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.41% against the USD and closed at 1.1334, following disappointing IFO economic data in Germany. Data showed that Germany’s IFO business expectations index unexpectedly fell to a level … Continue reading →

Posted in EUR/USD | Comments Off

Trading Signals as per 23-February-2015

Posted on February 23, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1442 1.1312 USD/JPY SELL Active 119.42 118.72 AUD/USD SELL Active 0.7882 0.7812 EUR/JPY BUY Active 134.18 135.88 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that … Continue reading →

Posted in Trading Signals | Leave a comment

Crude Oil: Oil trading below its MA’s

Posted on February 23, 2015 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 0.86% against the USD for the period ending 21:00GMT, closing at 50.92, amid concerns of continued global supply glut. In the Asian session, at GMT0400, the pair is trading at 50.89, … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal reverses its losses in the Asian session

Posted on February 23, 2015 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.67% to USD 16.26 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.33, with the silver trading 0.46% … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading on a stronger footing this morning

Posted on February 23, 2015 by GCI Financial

Gold Movement On Friday, Gold prices traded lower by 0.68% against the USD in the period ending 21:00GMT, at 1199.60 per ounce, amid a strong rally in the global equity markets. Meanwhile, safe-haven appeal of the yellow metal was diminished, … Continue reading →

Posted in Gold | Comments Off