Monthly Archives: March 2016

Gold: Yellow metal trading on a weaker footing in the Asian session

Posted on March 9, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.21% against the USD and closed at 1263.80, reversing its previous session gains, amid a broad strength in the greenback. In the Asian session, at GMT0400, the pair is … Continue reading →

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AUD/USD: Australia’s consumer confidence slipped back to negative in March

Posted on March 9, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.48% against the USD and closed at 0.7430. LME Copper prices declined 0.39% or $19.5/MT to $4980.5/MT. Aluminium prices declined 0.62% or $10.0/MT to $1590.0/MT. In the Asian … Continue reading →

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

Posted on March 9, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.99% against the CAD and closed at 1.3424. On the economic front, Canada’s housing starts rose to a level of 212.6K in February, compared to a revised reading … Continue reading →

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USD/CHF: Swiss consumer price inflation rebounded on a monthly basis in February

Posted on March 9, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.9960. In economic news, Switzerland’s consumer price index surprisingly advanced for the first time in four months, after it rose by … Continue reading →

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USD/JPY: Japanese Yen extends its gains this morning

Posted on March 9, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.61% against the JPY and closed at 112.66. On the economic front, Japan’s Eco Watchers index for future outlook dropped to a level of 48.2 in February, more … Continue reading →

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GBP/USD: Brexit poses the biggest risk to UK’s financial stability, says the BoE Governor

Posted on March 9, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.37% against the USD and closed at 1.4209. Yesterday, the BoE Governor, Mark Carney, warned that the possibility of Britain leaving the European Union would trigger a prolonged … Continue reading →

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EUR/USD: Euro-zone flash GDP advanced as expected on a quarterly basis in Q4 2015

Posted on March 9, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1005. In economic news, the Euro-zone’s preliminary GDP expanded by 0.3% QoQ, at par with market expectations in 4Q 2015, mainly … Continue reading →

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Trading Signals as per 8-March-2016

Posted on March 8, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1072 1.0992 USD/JPY BUY Active 112.68 113.38 AUD/USD SELL Active 0.7472 0.7402 NZD/USD SELL Active 0.6808 0.6735 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading →

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Crude Oil: Oil trading on a weaker footing in the Asian session

Posted on March 8, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil surged 4.46% against the USD and closed at 37.95, on hopes that an output-deal among major producers will help curb production and reduce the persistent global supply glut. … Continue reading →

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Silver: White metal trading lower this morning

Posted on March 8, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.77% against the USD and closed at 15.67, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.58, with the silver trading … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on March 8, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.51% against the USD and closed at 1266.50, as a weaker greenback and increased hopes of the Fed staying pat on interest rate next week, provided support to the … Continue reading →

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