Monthly Archives: April 2015

USD/CAD: Loonie trading on a stronger footing in the Asian session

Posted on April 8, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD to close at 1.2503. Yesterday, the Canadian Prime Minister, Stephen Harper, mentioned that the nation would register weaker than expected economic growth in the … Continue reading →

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USD/CHF: Swiss Franc trading higher this morning

Posted on April 8, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.74% against the CHF and closed at 0.9657. In economic news, Switzerland’s foreign currency reserves unexpectedly advanced to a level of CHF522.30 billion in March, compared to market … Continue reading →

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USD/JPY: The BoJ maintained monetary policy

Posted on April 8, 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 120.29. In the Asian session, at GMT0300, the pair is trading at 120.11, with the USD trading 0.15% lower from yesterday’s … Continue reading →

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GBP/USD: Pound reverses its losses in the Asian session

Posted on April 8, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.47% against the USD and closed at 1.4817. In economic news, the UK Markit services PMI advanced to a 7-month high reading of 58.9 and remained in an … Continue reading →

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EUR/USD: Euro trading higher ahead of the Euro-zone’s retail sales data

Posted on April 8, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.00% against the USD and closed at 1.0821. In economic news, the Euro-zone’s Sentix consumer confidence improved to a level of 20.0, registering the highest level in nearly … Continue reading →

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Trading Signals as per 7-April-2015

Posted on April 7, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.4838 1.4948 USD/JPY BUY Active 119.18 119.88 EUR/JPY SELL Active 131.52 130.52 NZD/USD BUY Active 0.7488 0.7658 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on April 7, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 4.30% against the USD for the 24 hour period ending 23:00GMT, closing at 51.85, after oversupply threats receded, as traders speculated that it could take several months for Iran to increase its crude … Continue reading →

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Silver: White metal trading lower this morning

Posted on April 7, 2015 by GCI Financial

Silver Movement Silver prices declined 0.41% to USD 16.95 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.905, with the silver trading 0.27% lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on April 7, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.09% against the USD in the 24 hour period ending 23:00GMT, at 1214.70 per ounce. Yesterday, holdings of SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, remained unchanged at 737.24 tons. In … Continue reading →

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AUD/USD: The RBA kept interest rates on hold at 2.25% in its April meeting

Posted on April 7, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.56% against the USD to close at 0.7596. LME Copper prices declined 0.30% or $18.0/MT to $6001.5/MT. Aluminium prices rose 0.28% or $5.0/MT to $1770.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its gains in the Asian session

Posted on April 7, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded a tad lower against the CAD to close at 1.2475. Canada’s seasonally adjusted Ivey PMI unexpectedly fell to a level of 47.9 in March, from a reading of … Continue reading →

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