Monthly Archives: March 2015

USD/CHF: The SECO slashed Swiss GDP outlook

Posted on March 20, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.68% against the CHF and closed at 0.9894. The Swiss Franc lost ground, after Switzerland’s SECO downgraded the nation’s GDP growth forecast to 0.9% in 2015, compared to … Continue reading →

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USD/JPY: Japanese Yen trading on a stronger footing this morning

Posted on March 20, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.49% against the JPY and closed at 120.82. In the Asian session, at GMT0400, the pair is trading at 120.78, with the USD trading marginally lower from yesterday’s … Continue reading →

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EUR/USD: Euro reversing its losses this morning

Posted on March 20, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.51% against the USD and closed at 1.0668, reversing its previous session gains. In the US, number of people claiming unemployment benefits for the first time rose less … Continue reading →

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Trading Signals as per 19-March-2015

Posted on March 19, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CAD BUY Active 1.2488 1.2698 AUD/USD SELL Active 0.7812 0.7682 EUR/JPY BUY Active 128.38 130.78 NZD/USD BUY Active 0.7368 0.7518 GBP/CHF SELL Active 1.4902 1.4572 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 March 19, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 4.84% against the USD for the 24 hour period ending 23:00GMT, closing at 44.59, amid a broad weakening in the greenback, following the FOMC meeting. Gains in oil prices were kept in check, … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on March 19, 2015 by GCI Financial

Silver Movement Silver prices rose 2.57% to USD 15.94 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.98, with the silver trading 0.28% higher … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on March 19, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 1.60% against the USD in the 24 hour period ending 23:00GMT, at 1167.10 per ounce, after the Fed indicated that the central bank may be on path to increase its benchmark rates as … Continue reading →

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

Posted on March 19, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.84% against the USD to close at 0.7764, after the Fed statement cooled expectations of an imminent rate hike in its next month’s meeting, even after the policy-setting … Continue reading →

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USD/CAD: Loonie trading on a weaker footing this morning

Posted on March 19, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.70% against the CAD to close at 1.2573, despite the US Fed dropping the “patient” word from its monthly monetary statement. In economic news, wholesale sales in Canada … Continue reading →

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USD/CHF: Swiss Franc trading lower ahead of the SNB’s interest rate decision

Posted on March 19, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 2.31% against the CHF and closed at 0.9827, after the US Fed ruled out an interest rate hike at the April FOMC meeting. The Swiss Franc traded higher, … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing ahead of the BoJ minutes.

Posted on March 19, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.92% against the JPY and closed at 120.23, after the Fed downgraded the economic growth as well as the inflation outlook of the US. Yesterday, the BoJ in … Continue reading →

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