Monthly Archives: March 2017

Crude Oil: Oil reverses its gains in the Asian session

Posted on March 30, 2017 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.23% against the USD for the 24-hour period ending 23:00GMT, closing at 49.56, after the Energy Information Administration (EIA) reported that US crude oil inventories rose less-than-expected by 0.87 million barrels in the … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading lower in the morning session

Posted on March 30, 2017 by GCI Financial

Silver Movement Silver prices rose 0.39% to USD 18.24 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 18.17, with the silver trading 0.36% lower … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading on a weaker footing this morning

Posted on March 30, 2017 by GCI Financial

Gold Movement Gold prices traded 0.15% higher against the USD in the 24-hour period ending 23:00GMT, at USD 1255.50 per ounce, as uncertainty about Brexit talks, French elections and the US President Donald Trump’s economic policies boosted demand for the … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Double delight for Australia as new home sales rebound in February and job vacancies register an increase for the third consecutive quarter

Posted on March 30, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.42% against the USD to close at 0.7665. LME Copper prices rose 1.26% or $72.5/MT to $5847.0/MT. Aluminium prices rose 0.65% or $12.5/MT to $1931.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading lower this morning

Posted on March 30, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CAD to close at 1.3331. In the Asian session, at GMT0300, the pair is trading at 1.3343, with the USD trading 0.09% higher against the … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: KOF institute downgrades Swiss 2017 economic growth projection

Posted on March 30, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CHF and closed at 0.9961. In economic news, Switzerland’s KOF institute projected the nation to grow by 1.5% in 2017, down from its December 2016 … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: A slew of economic releases awaited in Japan

Posted on March 30, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally weakened against the JPY and closed at 111.09. In the Asian session, at GMT0300, the pair is trading at 111.3, with the USD trading 0.19% higher against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Theresa May triggers Article 50, kick-starts historic Brexit process

Posted on March 30, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.14% against the USD and closed at 1.2439, after the British Prime Minister, Theresa May triggered Article 50 and formally began Britain’s divorce from the European Union. She … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: German flash CPI for March awaited

Posted on March 30, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.46% against the USD and closed at 1.0764. In economic news, German import price index advanced above expectations by 0.7% on a monthly basis in February and after … Continue reading →

Posted in EUR/USD | Comments Off

Trading Signals as per 29-March-2017

Posted on March 29, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 1.0002 0.9902 GBP/USD BUY Active 1.2348 1.2488 USD/JPY SELL Active 111.52 110.62 USD/CAD BUY Active 1.3318 1.3398 NZD/USD BUY Active 0.6992 0.7045 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 trading higher, ahead of EIA’s weekly crude oil inventories data

Posted on March 29, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.34% against the USD and closed at USD48.48 per barrel, following severe disruption to Libyan crude oil supplies and the latest comments from OPEC officials suggesting that … Continue reading →

Posted in Crude Oil | Comments Off