Monthly Archives: March 2017

GBP/USD: Britain will trigger formal Brexit process on 29 March

Posted on March 21, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.22% against the USD and closed at 1.2358, after the British Government announced that Prime Minister, Theresa May, will launch UK’s separation proceedings with the European Union on … Continue reading →

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EUR/USD: Germany’s producer price inflation accelerates at its fastest pace since November 2011 in February

Posted on March 21, 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 1.0733. On the data front, Germany’s producer price index rose 3.1% on an annual basis in February, notching its highest level … Continue reading →

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Trading Signals as per 20-March-2017

Posted on March 20, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0738 1.0788 GBP/USD SELL Active 1.2442 1.2362 USD/JPY BUY Active 112.38 112.98 USD/CAD SELL Active 1.3352 1.3292 NZD/USD BUY Active 0.7028 0.7081 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 trading on a weaker footing this morning

Posted on March 20, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.14% against the USD and closed at USD48.74 per barrel on Friday, on concerns that an OPEC production cut was failing to reduce a global supply glut. … Continue reading →

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Silver: White metal extends its gains in the morning session

Posted on March 20, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.4% against the USD and closed at USD17.39 per ounce on Friday. In the Asian session, at GMT0400, the pair is trading at 17.45, with the silver trading 0.37% … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on March 20, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.26% against the USD and closed at USD1229.20 per ounce on Friday, extending its previous session gains. In the Asian session, at GMT0400, the pair is trading at 1233.60, … Continue reading →

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AUD/USD: Aussie trading on a stronger footing in the morning session

Posted on March 20, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.39% against the USD and closed at 0.7699 on Friday. LME Copper prices declined 0.4% or $22.0/MT to $5889.0/MT. Aluminium prices rose 0.3% or $6.0/MT to $1901.0/MT. In … Continue reading →

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USD/CAD: Loonie trading higher in the Asian session

Posted on March 20, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD and closed at 1.3336 on Friday. In economic news, Canada’s manufacturing shipments unexpectedly climbed 0.6% MoM in January, compared to a revised rise of … Continue reading →

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USD/CHF: Swiss Franc reverses its losses in the Asian session

Posted on March 20, 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 0.9978 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9960, with the USD trading 0.18% lower … Continue reading →

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USD/JPY: Japanese Yen trading higher in the morning session

Posted on March 20, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.59% against the JPY and closed at 112.65 on Friday. In the Asian session, at GMT0400, the pair is trading at 112.53, with the USD trading 0.11% lower … Continue reading →

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GBP/USD: UK’s Rightmove house prices advanced in March

Posted on March 20, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.28% against the USD and closed at 1.2388 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.2384, with the GBP trading marginally lower … Continue reading →

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