USD/CAD: Loonie trading weaker ahead of Canada’s monthly retail sales data

Posted on November 25, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.42% against the CAD to close at 1.1286, rebounding from its previous session losses. In the Asian session, at GMT0400, the pair is trading at 1.1290, with the … Continue reading →

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

Posted on November 25, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.52% against the CHF and closed at 0.9669, following downbeat services PMI data in the US. The Swiss Franc gained ground, after number of employed people in Switzerland … Continue reading →

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USD/JPY: Japanese Yen reverses its losses in the Asian session

Posted on November 25, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.37% against the JPY and closed at 118.34. In the Asian session, at GMT0400, the pair is trading at 117.88, with the USD trading 0.39% lower from yesterday’s … Continue reading →

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GBP/USD: Pound reverses its gains ahead of the BoE’s inflation report hearing

Posted on November 25, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.34% against the USD and closed at 1.5705, reversing its previous session losses. In the Asian session, at GMT0400, the pair is trading at 1.5675, with the GBP … Continue reading →

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EUR/USD: Euro trading lower ahead of Germany’s Q3 GDP data

Posted on November 25, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.52% against the USD and closed at 1.2438, following encouraging IFO economic data from Germany. Yesterday, data indicated that Germany’s IFO business climate index surprisingly rose to a … Continue reading →

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Trading Signals as per 24-November-2014

Posted on November 24, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.2308 1.2408 USD/CHF SELL Active 0.9762 0.9672 GBP/USD BUY Active 1.5608 1.5698 USD/JPY SELL Active 118.42 117.52 AUD/USD SELL Active 0.8732 0.8652 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 above its MA’s

Posted on November 24, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 0.27% against the USD for the period ending 21:00GMT, closing at 76.41. However, losses were trimmed amid rising speculations that the Iranian Oil Minister, Bijan Namdar Zanganeh would urge the OPEC … Continue reading →

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Silver: White metal trading lower this morning

Posted on November 24, 2014 by GCI Financial

Silver Movement On Friday, Silver prices rose 1.36% to USD 16.45 per ounce during the period ending 21:00GMT, tracking gains in gold prices In the Asian session, at GMT0400, the pair is trading at 16.3850, with the silver trading 0.36% … Continue reading →

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Gold: Yellow-metal reverses its gains in the Asian session

Posted on November 24, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 0.64% against the USD in the period ending 21:00GMT, at 1200.60 per ounce, after the PBoC in an unexpected move slashed its interest rates to boost the nation’s economic growth. In … Continue reading →

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AUD/USD: Aussie extends its gains this morning

Posted on November 24, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.55% against the USD to close at 0.8665. In China, Australia’s biggest trading partner, the PBoC surprisingly cut its benchmark interest rates for the first time since July 2012, to help support the … Continue reading →

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USD/CAD: Loonie trading higher in the Asian session

Posted on November 24, 2014 by GCI Financial

USDCAD Movement On Friday, the USD declined 0.64% against the CAD to close at 1.1237. The CAD gained ground following upbeat inflation data from Canada. Canada’s consumer prices unexpectedly rose 0.1% on a monthly basis in October, beating market expectations … Continue reading →

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