Monthly Archives: July 2015

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

Posted on July 15, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.60% against the USD for the 24 hour period ending 23:00GMT, closing at 53.30. However, during the day, oil prices had fallen sharply, after Iran reached a historic long-awaited nuclear deal with the … Continue reading →

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Silver: White metal trading flat this morning

Posted on July 15, 2015 by GCI Financial

Silver Movement Silver prices declined 0.78% to USD 15.32 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.32, with the silver trading flat lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on July 15, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.10% against the USD in the 24 hour period ending 23:00GMT, at 1155.30 per ounce, as growing uncertainty over the timing of the Fed’s interest rate hike, after the US retail sales unexpectedly … Continue reading →

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

Posted on July 15, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.72% against the USD to close at 0.7452. LME Copper prices declined 1.84% or $103.0/MT to $5502.5/MT. Aluminium prices declined 0.36% or $6.0/MT to $1653.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a weaker footing ahead of the BoC’s interest rate decision

Posted on July 15, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD to close at 1.2731. In economic news, Canada’s house price index climbed 1.4% MoM in June. It followed an advance of 0.9% in the … Continue reading →

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USD/CHF: Swiss Franc trading lower ahead of Switzerland’s ZEW survey

Posted on July 15, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.54% against the CHF and closed at 0.9449, after the US retail sales unexpectedly weakened in June. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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USD/JPY: The BoJ kept policy intact, cuts GDP growth forecast

Posted on July 15, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.18% against the JPY and closed at 123.36. In the Asian session, at GMT0300, the pair is trading at 123.45, with the USD trading 0.07% higher from yesterday’s … Continue reading →

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GBP/USD: Interest rate hike inching closer, stated the BoE Chief, Mark Carney

Posted on July 15, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.94% against the USD and closed at 1.5635, after the BoE Governor, Mark Carney, in his speech at Treasury select committee, indicated that the central bank was moving … Continue reading →

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Trading Signals as per 14-July-2015

Posted on July 14, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0948 1.1078 GBP/USD SELL Active 1.5542 1.5422 USD/JPY BUY Active 122.88 123.66 USD/CAD SELL Active 1.2862 1.2752 EUR/JPY SELL Active 136.52 135.22 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

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EUR/USD: Greece agreed to bailout deal

Posted on July 14, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.01% against the USD and closed at 1.1007, despite Greece reaching its bailout deal. Yesterday, Greece clinched a deal with its creditors on a third bailout package approximately … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on July 14, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.15% against the USD for the 24 hour period ending 23:00GMT, closing at 51.95, after Saudi Arabia, world’s biggest oil exporter informed OPEC that it has raised its crude oil production output to … Continue reading →

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