Monthly Archives: March 2017

Crude Oil: Oil trading higher, ahead of the EIA’s weekly crude oil inventory data

Posted on March 15, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.12% against the USD and closed at USD48.44 per barrel, after the American Petroleum Institute (API) disclosed that US crude oil inventories surprisingly fell 0.53 million barrels … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on March 15, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.24% against the USD and closed at USD16.90 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.94, with the … Continue reading →

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Gold: Yellow metal trading higher in the morning session

Posted on March 15, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.24% against the USD and closed at USD1198.80 per ounce, on expectations of an interest rate hike by the US Federal Reserve later today. In the Asian session, at … Continue reading →

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AUD/USD: Australia’s consumer confidence edged higher in March

Posted on March 15, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.09% against the USD and closed at 0.7558. LME Copper prices declined 0.8% or $47.0/MT to $5747.0/MT. Aluminium prices declined 1.7% or $31.0/MT to $1851.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher in the morning session, ahead of Canada’s existing home sales data

Posted on March 15, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD and closed at 1.3480. In the Asian session, at GMT0400, the pair is trading at 1.3467, with the USD trading 0.1% lower against the … Continue reading →

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USD/CHF: Swiss Franc trading a tad higher in the Asian session

Posted on March 15, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CHF and closed at 1.0093. In the Asian session, at GMT0400, the pair is trading at 1.0092, with the USD trading marginally lower against the … Continue reading →

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USD/JPY: Japan’s industrial production declined less than initially estimated in January

Posted on March 15, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the JPY and closed at 114.68. In the Asian session, at GMT0400, the pair is trading at 114.83, with the USD trading 0.13% higher against the … Continue reading →

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GBP/USD: Pound trading higher in the morning session, ahead of UK’s ILO unemployment rate data

Posted on March 15, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.49% against the USD and closed at 1.2151. In the Asian session, at GMT0400, the pair is trading at 1.2162, with the GBP trading 0.09% higher against the … Continue reading →

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EUR/USD: Dutch elections to be held today

Posted on March 15, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.41% against the USD and closed at 1.0608. In economic news, German ZEW economic sentiment index rose less-than-expected to a level of 12.8 in March, suggesting that political … Continue reading →

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Trading Signals as per 14-March-2017

Posted on March 14, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.2192 1.2101 EUR/USD BUY Active 1.0598 1.0658 USD/JPY SELL Active 115.22 114.62 EUR/JPY SELL Active 122.82 122.22 GBP/CHF SELL Active 1.2299 1.2186 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 extends its gains in the Asian session

Posted on March 14, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.62% against the USD and closed at USD48.38 per barrel, reversing previous session losses. However, gains in oil prices were capped, as rising US oil production offset … Continue reading →

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