Monthly Archives: March 2016

Silver: White metal reverses its gains in the Asian session

Posted on March 23, 2016 by GCI Financial

Silver Movement Silver prices rose 0.28% to USD 15.89 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 15.815, with the silver trading 0.47% lower … Continue reading →

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

Posted on March 23, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 0.38% against the USD in the 24-hour period ending 23:00GMT, at 1248.40 per ounce, as investors sought solace in the safe-haven asset after reports of deadly terrorist attacks in Brussels. In the Asian … Continue reading →

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

Posted on March 23, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.43% against the USD to close at 0.7615. Yesterday, the RBA Governor, Glenn Stevens, indicated that the Australian economy was “adjusting quite well” to lower commodity prices, but … Continue reading →

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USD/CAD: Loonie extends its gains in the Asian session

Posted on March 23, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CAD to close at 1.3047. In the Asian session, at GMT0400, the pair is trading at 1.3069, with the USD trading 0.16% higher from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc trading lower, ahead of Switzerland’s ZEW expectations index data

Posted on March 23, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CHF and closed at 0.9729. In economic news, Switzerland’s trade surplus rose to a level of CHF4.1 billion in February, after posting a trade surplus … Continue reading →

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USD/JPY: Japanese Yen trading higher this morning

Posted on March 23, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.15% against the JPY and closed at 112.29. In the Asian session, at GMT0400, the pair is trading at 112.38, with the USD trading 0.08% higher from yesterday’s … Continue reading →

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GBP/USD: UK’s consumer prices advanced less-than-expected in February

Posted on March 23, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 1.08% against the USD and closed at 1.4217, after Britain’s inflation data missed market expectations. Data showed that Britain’s consumer price index rose less-than-expected by 0.2% MoM in … Continue reading →

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EUR/USD: Euro trading lower this morning

Posted on March 23, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.19% against the USD and closed at 1.1218, following the release of mixed economic data across the Euro-zone. Data showed that the Eurozone’s preliminary manufacturing PMI rose to … Continue reading →

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Trading Signals as per 22-March-2016

Posted on March 22, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9678 0.9748 GBP/USD BUY Active 1.4228 1.4328 EUR/JPY SELL Active 0.9947 0.9682 USD/CAD SELL Active 1.1292 1.1232 GBP/CHF BUY Active 1.4051 1.395 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 22, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 5.51% against the USD for the 24-hour period ending 23:00GMT, closing at 41.52, after oscillating between gains and losses throughout the trading session, after the Organisation of Petroleum Exporting Countries (OPEC’s) Secretary- General, … Continue reading →

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

Posted on March 22, 2016 by GCI Financial

Silver Movement Silver prices rose 0.13% to USD 15.85 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 15.885, with the silver trading 0.25% higher from yesterday’s close. The pair … Continue reading →

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