Monthly Archives: March 2017

Gold: Yellow metal trading higher in the Asian session

Posted on March 13, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.09% against the USD and closed at USD1201.90 per ounce on Friday, amid a broad weakness in the greenback. In the Asian session, at GMT0400, the pair is trading … Continue reading →

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AUD/USD: Aussie trading on a stronger footing this morning

Posted on March 13, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.52% against the USD and closed at 0.7539 on Friday. LME Copper prices rose 1.1% or $59.5/MT to $5714.5/MT. Aluminium prices rose 2.0% or $37.5/MT to $1884.5/MT. In … Continue reading →

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USD/CAD: Canada unemployment rate declined to a 2-year low level in February

Posted on March 13, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD and closed at 1.3464 on Friday. The Canadian Dollar gained ground, after Canada’s unemployment rate unexpectedly fell to 6.6% in February, hitting its lowest … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing this morning

Posted on March 13, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.32% against the CHF and closed at 1.0092 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.0082, with the USD trading 0.1% lower … Continue reading →

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USD/JPY: Japan’s tertiary industry index came in flat in January

Posted on March 13, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the JPY and closed at 114.79 on Friday. In the Asian session, at GMT0400, the pair is trading at 114.81, with the USD trading marginally higher … Continue reading →

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GBP/USD: UK’s manufacturing, industrial and construction output, all dropped in January

Posted on March 13, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.18% against the USD and closed at 1.2175 on Friday. On the macro front, Britain’s manufacturing production dropped more-than-anticipated by 0.9% on a monthly basis in January, following … Continue reading →

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EUR/USD: Euro trading higher in the morning session, ahead of a speech by the ECB President

Posted on March 13, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.08% against the USD and closed at 1.0691 on Friday, after news emerged that some European Central Bank policymakers raised the possibility of an interest rate hike before … Continue reading →

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Trading Signals as per 10-March-2017

Posted on March 10, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.0642 1.0572 GBP/USD BUY Active 1.2098 1.2198 USD/JPY BUY Active 114.98 115.68 AUD/USD SELL Active 0.7562 0.7502 GBP/JPY BUY Active 1.2252 1.2359 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 reverses its losses in the morning session, ahead of Baker Hughes weekly rig count data

Posted on March 10, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.41% against the USD and closed at USD49.54 per barrel, amid persistent concerns about record levels of US crude oil inventories. In the Asian session, at GMT0400, … Continue reading →

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Silver: White metal trading lower in the morning session

Posted on March 10, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.71% against the USD and closed at USD16.99 per ounce. In the Asian session, at GMT0400, the pair is trading at 16.92, with the silver trading 0.41% lower from … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on March 10, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.62% against the USD and closed at USD1200.90 per ounce, as concerns about an imminent rate hike by the Fed next week weighed on the yellow metal. In the … Continue reading →

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