Monthly Archives: March 2017

GBP/USD: UK’s services sector growth slowest in 5-months in February

Posted on March 6, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.1% against the USD and closed at 1.2278 on Friday. Macroeconomic data showed that Britain’s Markit services PMI eased more-than-expected to a level of 53.3 in February, hitting … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s retail sales declined for the third straight month in January

Posted on March 6, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.86% against the USD and closed at 1.0596 on Friday. In economic news, the Euro-zone’s final Markit services PMI was revised slightly lower to a level of 55.5 … Continue reading →

Posted in EUR/USD | Comments Off

Trading Signals as per 03-March-2017

Posted on March 3, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0498 1.0558 GBP/USD SELL Active 1.2302 1.2182 USD/CHF BUY Active 1.0088 1.0158 AUD/USD BUY Active 0.7508 0.7578 USD/CAD SELL Active 1.3452 1.3372 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

Posted in Trading Signals | Leave a comment

Crude Oil: Oil extends its losses, ahead of Baker Hughes weekly rig count data

Posted on March 3, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.93% against the USD and closed at USD52.71 per barrel, after data revealed that the Russian crude production remained unchanged in February, pointing towards weak compliance with … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading lower in the Asian session

Posted on March 3, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 3.47% against the USD and closed at USD17.80 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.79, with the … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading on a weaker footing this morning

Posted on March 3, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.06% against the USD and closed at USD1234.40 per ounce, as the release of positive US jobless claims data intensified expectations for a March interest rate hike by the … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Australia’s services sector contracted in February

Posted on March 3, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.43% against the USD and closed at 0.7570, after data indicated that Australia’s service sector activity contracted in February, thus casting doubt over the health of the nation’s … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s GDP expanded as expected in December

Posted on March 3, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the CAD and closed at 1.3392. On the data front, Canada’s gross domestic product (GDP) climbed 0.3% MoM in December, meeting market anticipations and after recording … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss economic growth slowed in the fourth quarter of 2016

Posted on March 3, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CHF and closed at 1.0130. The Swiss Franc declined, after Switzerland’s seasonally adjusted gross domestic product (GDP) rose less-than-expected by 0.1% on a quarterly basis … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s consumer prices advanced in January, while jobless rate dropped in the same month

Posted on March 3, 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 114.38. In the Asian session, at GMT0400, the pair is trading at 114.11, with the USD trading 0.24% lower against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK’s construction sector activity picks up pace in February

Posted on March 3, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.24% against the USD and closed at 1.2266. In economic news, Britain’s Markit construction PMI unexpectedly rose to a level of 52.5 in February, compared to market expectations … Continue reading →

Posted in GBP/USD | Comments Off