Daily Archives: March 7, 2018

Trading Signals as per 07-March-2018

Posted on March 7, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.2462 1.2392 USD/CAD BUY Active 1.2858 1.2968 GBP/CHF BUY Active 1.2956 1.3073 EUR/JPY SELL Active 132.02 130.72 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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Crude Oil: Oil trading flat in the Asian session, ahead of EIA’s weekly crude oil stockpiles data

Posted on March 7, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.89% against the USD and closed at USD62.13 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories rose by 5.7 million barrels … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on March 7, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.52% against the USD and closed at USD16.86 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.74, with silver … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on March 7, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.98% against the USD and closed at USD1335.70 per ounce, as concerns surrounding a potential trade war led to a broad weakness in the US Dollar and boosted demand … Continue reading →

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AUD/USD: Australia’s economic growth slowed in the final quarter of 2017

Posted on March 7, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.12% against the USD and closed at 0.7793. LME Copper prices rose 1.7% or $118.5/MT to $6968.5/MT. Aluminium prices rose 0.1% or $1.0/MT to $2136.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s Ivey PMI rose in February

Posted on March 7, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CAD and closed at 1.292. In economic news, Canada’s seasonally adjusted Ivey purchasing managers’ index (PMI) climbed to a level of 59.6 in February, compared … Continue reading →

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USD/CHF: Swiss annual inflation growth at a 6-month low level in February

Posted on March 7, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CHF and closed at 0.9368. On the macro front, Switzerland’s consumer price index (CPI) rose 0.6% on an annual basis in February, meeting market expectations … Continue reading →

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

Posted on March 7, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.85% against the JPY and closed at 105.51. In the Asian session, at GMT0400, the pair is trading at 105.69, with the USD trading 0.17% higher against the … Continue reading →

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GBP/USD: Pound trading a tad lower this morning

Posted on March 7, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.4% against the USD and closed at 1.3900. In the Asian session, at GMT0400, the pair is trading at 1.3895, with the GBP trading slightly lower against the … Continue reading →

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EUR/USD: Germany’s construction sector grew at its weakest pace since January 2017 in February

Posted on March 7, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.63% against the USD and closed at 1.2427. In economic news, Germany’s Markit construction PMI declined to a 13-month low level of 52.7 in February, after registering a … Continue reading →

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