Monthly Archives: March 2018

Crude Oil: Oil extends its gains, ahead of API’s weekly crude oil inventories data

Posted on March 6, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.85% against the USD and closed at USD62.62 per barrel, after the International Energy Agency (IEA) forecasted that global oil demand would grow over the next 5 … Continue reading →

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Silver: White metal trading marginally lower in the morning session

Posted on March 6, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.69% against the USD and closed at USD16.47 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.46, with silver … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on March 6, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.43% against the USD and closed at USD1320.90 per ounce, as easing concerns over global trade war led to a rally in global equities and dented demand for the … Continue reading →

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AUD/USD: RBA maintains key interest rates steady at 1.50%, expects stronger economic growth in 2018

Posted on March 6, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.26% against the USD and closed at 0.7765. LME Copper prices declined 0.5% or $33.0/MT to $6850.0/MT. Aluminium prices declined 0.4% or $9.0/MT to $2135.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad lower in the morning session

Posted on March 6, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.58% against the CAD and closed at 1.2974. In the Asian session, at GMT0400, the pair is trading at 1.2976, with the USD trading slightly higher against the … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of Swiss inflation data

Posted on March 6, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CHF and closed at 0.9400. On the data front, Switzerland’s total sight deposits remained steady at a level of CHF576.0 billion in the week ended … Continue reading →

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

Posted on March 6, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.73% against the JPY and closed at 106.20. In the Asian session, at GMT0400, the pair is trading at 106.35, with the USD trading 0.14% higher against the … Continue reading →

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GBP/USD: Britain’s services sector activity jumped to its highest level in 4 months in February

Posted on March 6, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.46% against the USD and closed at 1.3849, after latest data indicated that UK’s services sector activity surged to a 4-month high level in February. UK’s Markit services … Continue reading →

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EUR/USD: Eurozone’s services sector activity revised lower in February, while Germany’s services sector growth confirmed at a 3-month low in the same month

Posted on March 6, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.15% against the USD and closed at 1.2337, after Germany’s Social Democrats decisively voted to form a grand coalition with Angela Merkel’s conservatives, thereby ending a prolonged period … Continue reading →

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Trading Signals as per 05-March-2018

Posted on March 5, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.2362 1.2272 USD/CHF SELL Active 0.9422 0.9352 GBP/USD SELL Active 1.3842 1.3752 NZD/USD BUY Active 0.7176 0.7227 GBP/CHF BUY Active 1.2867 1.2961 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 stronger footing this morning

Posted on March 5, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.49% against the USD and closed at USD61.25 per barrel on Friday, as broad weakness in the US Dollar increased demand for the commodity. Separately, Baker Hughes … Continue reading →

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