Daily Archives: March 9, 2017

Trading Signals as per 9-March-2017

Posted on March 9, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.2108 1.2188 USD/JPY BUY Active 114.08 114.78 EUR/JPY BUY Active 121.22 120.32 NZD/USD SELL Active 0.6925 0.6874 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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EUR/USD: German industrial production grew at its quickest pace since August 2016 in January

Posted on March 9, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.25% against the USD and closed at 1.0539. Macroeconomic data indicated that Germany’s seasonally adjusted industrial production rebounded more-than-expected by 2.8% on a monthly basis in January, notching … Continue reading →

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Crude Oil: Oil trading on a stronger footing this morning

Posted on March 9, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil tumbled 4.94% against the USD and closed at USD50.25 per barrel, after the Energy Information Administration (EIA) recorded a build of 8.21 million barrels in US crude inventories … Continue reading →

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Silver: White metal extends its gains in the morning session

Posted on March 9, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.37% against the USD and closed at USD17.28 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.22, with the … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on March 9, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.66% against the USD and closed at USD1208.10 per ounce, as the US Dollar strengthened after robust US private sector jobs data for February increased the odds of a … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on March 9, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.84% against the USD and closed at 0.7523. LME Copper prices declined 0.4% or $25.0/MT to $5782.0/MT. Aluminium prices rose 1.2% or $23.0/MT to $1881.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s housing starts surprisingly jumped in February

Posted on March 9, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.62% against the CAD and closed at 1.3492. In economic news, Canada’s seasonally adjusted housing starts unexpectedly advanced to a level of 210.2K in February, confounding market consensus … Continue reading →

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USD/CHF: Swiss inflation rises at highest monthly rate in five years in February

Posted on March 9, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.2% against the CHF and closed at 1.0148. On the data front, Switzerland’s consumer price index (CPI) jumped more-than-anticipated by 0.5% on a monthly basis in February, accelerating … Continue reading →

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USD/JPY: Japanese Yen trading marginally lower in the morning session

Posted on March 9, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the JPY and closed at 114.44. In the Asian session, at GMT0400, the pair is trading at 114.45, with the USD trading a tad higher from … Continue reading →

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GBP/USD: OBR raises Britain’s GDP growth forecasts in UK’s 2017 Spring Budget

Posted on March 9, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.29% against the USD and closed at 1.2167. Yesterday, UK’s Finance Minister, Philip Hammond, in his Budget speech, stated that Britain’s economy is likely to feel the pain … Continue reading →

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