Monthly Archives: March 2017

AUD/USD: Aussie trading higher in the Asian session

Posted on March 10, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.31% against the USD and closed at 0.7500. LME Copper prices declined 2.2% or $127.0/MT to $5655.0/MT. Aluminium prices declined 1.8% or $34.0/MT to $1847.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s new house price index climbed as expected in January

Posted on March 10, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD and closed at 1.3509. On the economic front, Canada’s new housing price index advanced 0.1% in January, in line with market anticipations and compared … Continue reading →

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USD/CHF: Switzerland’s unemployment rate remained steady in February

Posted on March 10, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CHF and closed at 1.0124. Macroeconomic data revealed that Switzerland’s seasonally adjusted unemployment rate remained unchanged at 3.3% in February, meeting market expectations. In the … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing this morning

Posted on March 10, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.56% against the JPY and closed at 115.08. In the Asian session, at GMT0400, the pair is trading at 115.18, with the USD trading 0.09% higher against the … Continue reading →

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GBP/USD: Pound trading a tad higher, ahead of key economic releases in the UK

Posted on March 10, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.12% against the USD and closed at 1.2153. In the Asian session, at GMT0400, the pair is trading at 1.2159, with the GBP trading slightly higher against the … Continue reading →

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EUR/USD: ECB leaves monetary policy on hold

Posted on March 10, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.36% against the USD and closed at 1.0577, after the European Central Bank (ECB) President, Mario Draghi, struck a more optimistic tone on the Euro-zone’s economic recovery. The … Continue reading →

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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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