Monthly Archives: March 2016

Gold: Yellow metal reverses its losses in the Asian session

Posted on March 22, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.98% against the USD in the 24-hour period ending 23:00GMT, at 1243.70 per ounce, amid a broad strength in the greenback, after hawkish comments from the US Federal Reserve officials renewed expectations of … Continue reading →

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AUD/USD: Aussie reverses its losses in the Asian session

Posted on March 22, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.16% against the USD to close at 0.7583. LME Copper prices declined 0.46% or $23.5/MT to $5079.5/MT. Aluminium prices declined 0.80% or $12.0/MT to $1486.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a stronger footing in the morning session

Posted on March 22, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.42% against the CAD to close at 1.3088. In the Asian session, at GMT0400, the pair is trading at 1.3073, with the USD trading 0.12% lower from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of Switzerland’s trade balance data

Posted on March 22, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CHF and closed at 0.9708. In economic news, Switzerland’s total sight deposits inched up to a level of CHF482.5 billion in the week ended 18 … Continue reading →

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USD/JPY: Japan’s manufacturing PMI contracted in March

Posted on March 22, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.51% against the JPY and closed at 112.12. In the Asian session, at GMT0400, the pair is trading at 111.86, with the USD trading 0.23% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading tad higher, ahead of Britain’s consumer price inflation data

Posted on March 22, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.63% against the USD and closed at 1.4373, over concerns about Prime Minister David Cameron’s ability to keep the Conservative party together ahead of June’s referendum on UK’s … Continue reading →

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EUR/USD: Euro trading higher, ahead of manufacturing and services PMI data across the Eurozone

Posted on March 22, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.30% against the USD and closed at 1.1239. In economic news, the Eurozone’s preliminary consumer confidence index unexpectedly declined to a level of -9.7 in March, dropping for … Continue reading →

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Trading Signals as per 21-March-2016

Posted on March 21, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit AUD/USD BUY Active 0.7538 0.7598 NZD/USD BUY Active 0.6725 0.6787 USD/CHF SELL Active 0.9947 0.9682 EUR/USD SELL Active 1.1292 1.1232 GBP/CHF SELL 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 on a weaker footing in the morning session

Posted on March 21, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.09% against the USD for the 24-hour period ending 23:00GMT, closing at 39.33, over renewed supply glut concerns, after Baker Hughes reported that the US oil rig count advanced by 1 to a … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on March 21, 2016 by GCI Financial

Silver Movement Silver prices declined 0.81% to USD 15.84 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 15.85, with the silver trading 0.09% higher … Continue reading →

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Gold: Yellow metal trading lower this morning

Posted on March 21, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.31% against the USD in the 24-hour period ending 23:00GMT, at 1255.10 per ounce, as a broad strength in the greenback curbed investor’s appetite for the precious yellow metal. In the Asian session, … Continue reading →

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