Monthly Archives: March 2015

Gold: Yellow metal extends its gains in the Asian session

Posted on March 26, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.34% against the USD in the 24 hour period ending 23:00GMT, at 1195.80 per ounce, after most global equity markets declined. Gold prices were also supported, on the back of weak US durable … Continue reading →

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AUD/USD: Aussie trading on a weaker footing this morning

Posted on March 26, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.45% against the USD to close at 0.7836. LME Copper prices rose 0.11% or $6.5/MT to $6134.5/MT. Aluminium prices declined 1.26% or $22.5/MT to $1764.0/MT. In the Asian … Continue reading →

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

Posted on March 26, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD to close at 1.2523 In the Asian session, at GMT0400, the pair is trading at 1.2497, with the USD trading 0.21% lower from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc trading higher this morning

Posted on March 26, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9601. In economic news, Switzerland’s UBS consumption indicator climbed to a level of 1.19 in February, up from previous month’s revised … Continue reading →

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USD/JPY: Japanese Yen trading higher in the Asian session

Posted on March 26, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.21% against the JPY and closed at 119.49. In the Asian session, at GMT0400, the pair is trading at 119.31, with the USD trading 0.15% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading marginally lower ahead of UK’s retail sales data

Posted on March 26, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.26% against the USD and closed at 1.4883, following better than expected BBA mortgage approvals in the UK. Data revealed that mortgage approvals in the UK rose to … Continue reading →

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EUR/USD: Euro trading marginally higher ahead of Germany’s GfK consumer confidence data

Posted on March 26, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.50% against the USD and closed at 1.0967, on the back of stronger than expected IFO data in Germany. Yesterday, data showed that Germany’s IFO business climate index … Continue reading →

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Trading Signals as per 25-March-2015

Posted on March 25, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.4768 1.4928 USD/JPY SELL Active 120.12 119.32 NZD/USD SELL Active 0.7672 0.7582 GBP/CHF SELL Active 1.4412 1.4162 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: Strong economic data from the US and the Euro-zone pushed oil prices higher in the New York session

Posted on March 25, 2015 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 0.25% and closed at 47.56, as the demand outlook of the commodity rose after the preliminary reading of the manufacturing activity data from most parts of … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on March 25, 2015 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, the Silver declined 0.24% against the USD and closed at 16.94. In the Asian session, at GMT0300, the pair is trading at 16.90, with the silver trading 0.24% lower from yesterday’s … Continue reading →

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Gold: Upbeat economic outlook of the US drive prices of yellow metal lower this morning

Posted on March 25, 2015 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, the Gold rose 0.24% against the US Dollar and closed at 1191.80. However, gains were limited after prospects for an interest rate hike in the US increased after consumer prices in … Continue reading →

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