Daily Archives: March 9, 2018

Trading Signals as per 09-March-2018

Posted on March 9, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.2362 1.2252 AUD/USD SELL Active 0.7842 0.7782 USD/JPY BUY Active 106.38 106.98 USD/CHF SELL Active 0.9552 0.9472 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 extends its losses, ahead of Baker Hughes weekly rig count data

Posted on March 9, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.58% against the USD and closed at USD60.33 per barrel, pressured by a stronger greenback as well as concerns over soaring US crude oil production. In the … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on March 9, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.18% against the USD and closed at USD16.51 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at USD16.43 per ounce, … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on March 9, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.44% against the USD and closed at USD1322.50 per ounce, as broad strength in the greenback dented demand for the precious yellow metal. In the Asian session, at GMT0400, … Continue reading →

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AUD/USD: Aussie trading lower in the morning session

Posted on March 9, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.49% against the USD and closed at 0.7788. LME Copper prices declined 0.6% or $43.0/MT to $6830.0/MT. Aluminium prices declined 1.4% or $30.0/MT to $2082.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s housing starts surprised to the upside in February, building permits jumped to an 8-month high in January

Posted on March 9, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.2892. Macroeconomic data showed that Canada’s seasonally adjusted housing starts surprisingly climbed to a level of 229.7K in February, defying market … Continue reading →

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USD/CHF: Swiss unemployment rate fell as expected in February

Posted on March 9, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.8% against the CHF and closed at 0.9508. In economic news, the seasonally adjusted unemployment rate in Switzerland dropped to 2.9% in February, in line with market expectations. … Continue reading →

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USD/JPY: BoJ held the benchmark interest rate steady at -0.1%

Posted on March 9, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.2% against the JPY and closed at 106.30. In the Asian session, at GMT0400, the pair is trading at 106.74, with the USD trading 0.41% higher against the … Continue reading →

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GBP/USD: Pound trading on a weaker footing, ahead of key economic releases in the UK

Posted on March 9, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.63% against the USD and closed at 1.3814. In the Asian session, at GMT0400, the pair is trading at 1.3805, with the GBP trading 0.07% lower against the … Continue reading →

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EUR/USD: ECB kept monetary policy unchanged, dropped its promise to extend stimulus if needed

Posted on March 9, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.71% against the USD and closed at 1.2315, after the European Central Bank (ECB) Chief, Mario Draghi struck a cautious tone on inflation and signalled that monetary policy … Continue reading →

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