Daily Archives: March 16, 2017

Trading Signals as per 16-March-2017

Posted on March 16, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.0772 1.0672 USD/CHF BUY Active 0.9908 1.0028 GBP/USD BUY Active 1.2188 1.2298 USD/JPY SELL Active 114.12 112.92 AUD/USD BUY Active 0.7618 0.7708 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 stronger footing in the morning session

Posted on March 16, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.36% against the USD and closed at USD49.10 per barrel, after the Energy Information Administration (EIA) report showed that US crude oil inventories surprisingly fell 0.24 million … Continue reading →

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Silver: White metal extends its gains in the morning session

Posted on March 16, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.55% against the USD and closed at USD17.33 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.46, with the … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on March 16, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.64% against the USD and closed at USD1218.60 per ounce, as the US Dollar tumbled after the Federal Reserve signalled a cautious stance on interest rate policy this year. … Continue reading →

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AUD/USD: Australia’s unemployment rate surprisingly jumps to 5.9% in February

Posted on March 16, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.89% against the USD and closed at 0.7701. LME Copper prices rose 1.8% or $103.0/MT to $5850.0/MT. Aluminium prices rose 0.7% or $12.0/MT to $1863.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s existing home sales reach highest level since April 2016 in February

Posted on March 16, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.36% against the CAD and closed at 1.3297. In economic news, Canada’s existing home sales advanced 5.2% MoM in February, hitting its highest level since April 2016. In … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of the SNB’s interest rate decision

Posted on March 16, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.88% against the CHF and closed at 1.0004. On the macro front, Switzerland’s producer and import price index unexpectedly dropped 0.2% on a monthly basis in February, compared … Continue reading →

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USD/JPY: Cautious BoJ leaves monetary policy unchanged

Posted on March 16, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.09% against the JPY and closed at 113.43. In the Asian session, at GMT0400, the pair is trading at 113.43, with the USD trading flat against the JPY … Continue reading →

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GBP/USD: UK’s unemployment rate lowest in 42 years during the three months ended January

Posted on March 16, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.13% against the USD and closed at 1.2288, after UK’s ILO unemployment rate surprisingly dropped to 4.7% in the November-January 2017 period, reaching its lowest level since 1975, … Continue reading →

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EUR/USD: Dutch exit polls show Liberal win

Posted on March 16, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.15% against the USD and closed at 1.0730, after Dutch election exit polls suggested that the country’s Prime Minister, Mark Rutte’s Liberals were on course for a resounding … Continue reading →

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