USD/CAD: Loonie trading higher ahead of Canada’s Housing starts data

Posted on November 10, 2014 by GCI Financial

USDCAD Movement On Friday, the USD declined 0.81% against the CAD to close at 1.1333, following dismal non-farm payrolls data recorded by the US. The Canadian Dollar gained ground after Canada’s unemployment rate unexpectedly registered a drop for the second … Continue reading →

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USD/CHF: Swiss Franc extends its gains in the Asian session

Posted on November 10, 2014 by GCI Financial

USDCHF Movement On Friday, the USD declined 0.60% against the CHF and closed at 0.9670, after the US non-farm payrolls data rose less than expected in October. In economic news, the seasonally adjusted Swiss unemployment rate rose 3.2% in October, … Continue reading →

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USD/JPY: Japanese Yen extends its gains in the Asian session

Posted on November 10, 2014 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.60% against the JPY and closed at 114.54. In the Asian session, at GMT0400, the pair is trading at 114.20, with the USD trading 0.3% lower from Friday’s close. Overnight data indicated that, … Continue reading →

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GBP/USD: Pound trading higher ahead of the BoE Governor’s speech

Posted on November 10, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP rose 0.21% against the USD and closed at 1.5870. In economic news, the UK’s total trade deficit widened to £2.84 billion in September, from a revised total trade deficit of £1.77 billion registered in August, … Continue reading →

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EUR/USD: Euro extends its gains in the Asian session

Posted on November 10, 2014 by GCI Financial

EURUSD Movement On Friday, EUR rose 0.51% against the USD and closed at 1.2443. The greenback lost ground after the US non-farm pay rolls data rose by 214.0 K in October, lower than market expectations to add 235.0 K non-farm … Continue reading →

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Trading Signals as per 07-November-2014

Posted on November 7, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9668 0.9768 USD/CAD SELL Active 1.1482 1.1412 NZD/USD SELL Active 0.7712 0.7632 EUR/JPY BUY Active 141.78 143.28 EUR/CHF BUY Active 1.1990 1.2180 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 below its MA’s

Posted on November 7, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.36% against the USD for the 24 hour period ending 23:00GMT, closing at 77.87, after the Organization of Petroleum Exporting Countries (OPEC) slashed the demand forecast for its oil in its annual world … Continue reading →

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Silver: White metal trading lower this morning

Posted on November 7, 2014 by GCI Financial

Silver Movement Silver prices rose 0.20% to USD 15.38 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 15.305, with the silver trading 0.49% 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 November 7, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.14% against the USD in the 24 hour period ending 23:00GMT, at 1140.20 per ounce, after the US registered encouraging weekly initial jobless claims data, thus weakening the demand outlook of the precious … Continue reading →

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AUD/USD: The RBA lowered Australia’s inflation outlook

Posted on November 7, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.22% against the USD to close at 0.8561, after Australia’s AiG performance of construction index dropped to 53.4 in October, after registering a level of 59.1 in the … Continue reading →

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USD/CAD: Loonie continues its losses ahead of Canada’s unemployment rate data

Posted on November 7, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD to close at 1.1426. The CAD traded on a weaker footing, after Canadian Ivey PMI on a seasonally adjusted basis dropped to a 2-month … Continue reading →

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