Daily Archives: March 18, 2016

Trading Signals as per 18-March-2016

Posted on March 18, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1332 1.1232 USD/CHF SELL Active 0.9762 0.9662 USD/CAD SELL Active 1.3072 1.2932 AUD/USD BUY Active 0.7578 0.7668 NZD/USD SELL Active 0.6856 0.6767 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on March 18, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 4.36% against the USD for the 24-hour period ending 23:00GMT, closing at 40.17, extending its previous session gains, as the world’s major oil producers indicated growing willingness to discuss an output freeze. In … Continue reading →

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Silver: White metal trading on a stronger footing in the morning session

Posted on March 18, 2016 by GCI Financial

Silver Movement Silver prices rose 2.27% to USD 15.97 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 16.105, with the silver trading 0.88% higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on March 18, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.12% against the USD in the 24-hour period ending 23:00GMT, at 1259.00 per ounce, reversing its previous session gains. However, losses in gold prices were limited, after the Fed lowered its projections to … Continue reading →

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AUD/USD: Aussie trading on a stronger footing in the Asian session

Posted on March 18, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.36% against the USD to close at 0.7646. LME Copper prices rose 1.70% or $84.0/MT to $5029.0/MT. Aluminium prices rose 0.57% or $8.5/MT to $1503.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading tad higher, ahead of Canada’s February consumer price inflation data

Posted on March 18, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.05% against the CAD to close at 1.2988. In economic news, Canadian wholesale sales remained flat on a monthly basis in January, compared to a revised advance of … Continue reading →

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USD/CHF: The SNB held key interest rate steady at -0.75%

Posted on March 18, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.09% against the CHF and closed at 0.9673. Yesterday, the Swiss National Bank (SNB) held benchmark interest rate steady at -0.75%, in line with market expectations. Further, the … Continue reading →

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USD/JPY: BoJ debated QE expansion and negative rates at January meeting, reveals minutes

Posted on March 18, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.18% against the JPY and closed at 111.39. Yesterday, the Bank of Japan (BoJ) Governor, Haruhiko Kuroda, indicated that domestic inflation had slowed temporarily due to plunging oil … Continue reading →

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GBP/USD: BoE leaves benchmark interest rate steady at 0.5%

Posted on March 18, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.57% against the USD and closed at 1.4472. Yesterday, the Bank of England’s (BoE) monetary policy committee unanimously voted to keep the key interest rate at a historic … Continue reading →

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EUR/USD: Euro trading flat in the morning session

Posted on March 18, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.89% against the USD and closed at 1.1318, after the Euro-zone’s consumer price inflation rose more-than-anticipated by 0.2% MoM in February, compared to a drop of 1.4% in … Continue reading →

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