Monthly Archives: March 2016

EUR/USD: Euro trading lower, ahead of the Euro-zone construction output data

Posted on March 16, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose marginally against the USD and closed at 1.1108. In economic news, Eurozone employment rose by 0.3% QoQ in 4Q 2015, the same rate of growth as seen in … Continue reading →

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Trading Signals as per 15-March-2016

Posted on March 15, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1038 1.1128 USD/CHF BUY Active 0.9818 0.9878 AUD/USD SELL Active 0.7512 0.7432 USD/CAD BUY Active 1.3278 1.3408 GBP/CHF SELL Active 1.4119 1.3974 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 lower, ahead of the API’s weekly crude oil inventory data

Posted on March 15, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.96% against the USD for the 24-hour period ending 23:00GMT, closing at 37.35, reversing its previous session gains, after Iran showed little interest in a coordinated production freeze. Oil prices remained under pressure, … Continue reading →

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Silver: White metal trading on a weaker footing in the Asian session

Posted on March 15, 2016 by GCI Financial

Silver Movement Silver prices declined 0.81% to USD 15.39 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.325, with the silver trading 0.39% lower … Continue reading →

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Gold: Yellow metal extends its losses in the morning session

Posted on March 15, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 1.17% against the USD in the 24-hour period ending 23:00GMT, at 1236.50 per ounce, amid a broad strength in the greenback, while markets prepared for the Fed’s interest rate annoucement. In the Asian … Continue reading →

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AUD/USD: RBA minutes indicate further scope for monetary policy easing

Posted on March 15, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.49% against the USD to close at 0.7514. LME Copper prices rose 1.07% or $53.0/MT to $4994.0/MT. Aluminium prices declined 1.03% or $16.0/MT to $1532.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower, ahead of Canada’s existing home sales data

Posted on March 15, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CAD to close at 1.3267. In economic news, Canada’s Teranet/National Bank house price index advanced by 0.6% MoM in February, compared to a 0.1% decline … Continue reading →

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USD/CHF: Swiss Franc trading higher this morning

Posted on March 15, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.51% against the CHF and closed at 0.9874. In economic news, Switzerland’s total sight deposits stood at CHF481.3 billion in the week ended 11 March, up from CHF479.4 … Continue reading →

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USD/JPY: BoJ maintains monetary policy steady

Posted on March 15, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.07% against the JPY and closed at 113.81. In the Asian session, at GMT0400, the pair is trading at 113.54, with the USD trading 0.23% lower from yesterday’s … Continue reading →

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GBP/USD: Pound extends its losses in the Asian session

Posted on March 15, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.53% against the USD and closed at 1.4302. In the Asian session, at GMT0400, the pair is trading at 1.4276, with the GBP trading 0.18% lower from yesterday’s … Continue reading →

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EUR/USD: Euro trading on a stronger footing in the morning session

Posted on March 15, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.56% against the USD and closed at 1.1104. In economic news, Eurozone’s industrial production rebounded above expectations by 2.1% MoM in January, thus easing concerns about the region’s … Continue reading →

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