Monthly Archives: March 2018

Gold: Yellow metal reverses its gains in the Asian session

Posted on March 2, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, the Gold rose 0.15% against the USD and closed at USD1318.1 per ounce. In the Asian session, at GMT0400, the pair is trading at 1317.9, with gold trading marginally lower against … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Aussie trading a tad lower in the morning session

Posted on March 2, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.40% against the USD and closed at 0.7759. LME Copper prices declined 1.5% or $101.0/MT to $6852.0/MT. Aluminium prices fell 0.7% or $15.5/MT to $2143.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading a tad lower, ahead of Canada’s GDP data

Posted on March 2, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CAD and closed at 1.2832. Data indicated that Canada’s Markit manufacturing PMI declined to a level of 55.6 in February, on the back of a … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc extends its gains in the morning session

Posted on March 2, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CHF and closed at 0.9418. The Swiss Franc gained against the USD yesterday, following upbeat economic growth data for the fourth quarter. Data showed that … Continue reading →

Posted in USD/CHF | Comments Off

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

Posted on March 2, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.54% against the JPY and closed at 106.13. Overnight data revealed that unemployment rate in Japan unexpectedly dropped to 2.40% in January, compared to a rate of 2.80% … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: May’s Speech, due later today, will be closely monitor

Posted on March 2, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.16% against the USD and closed at 1.3773. Data showed that UK’s Markit manufacturing PMI dropped slightly to 55.2 in February, reaching its lowest level in 8 months … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s manufacturing activity expanded at a slower pace in February

Posted on March 2, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.64% against the USD and closed at 1.2270. On the macro front, Euro-zone’s final Markit manufacturing PMI eased to a 4-month low level of 58.6 in February, compared … Continue reading →

Posted in EUR/USD | Comments Off

Trading Signals as per 01-March-2018

Posted on March 1, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9408 0.9478 USD/CAD BUY Active 1.2808 1.2858 GBP/CHF BUY Active 1.2923 1.3045 AUD/USD SELL Active 0.7772 0.7712 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading →

Posted in Trading Signals | Leave a comment

Crude Oil: Oil trading on a stronger footing this morning

Posted on March 1, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.6% against the USD and closed at USD61.66 per barrel, after data indicated a larger-than-expected rise in US crude oil inventories last week. The Energy Information Administration … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal reverses its gains in the morning session

Posted on March 1, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.15% against the USD and closed at USD16.43 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.39, with silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading lower in the Asian session

Posted on March 1, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.11% against the USD and closed at USD1319.40 per ounce, as a broad sell-off in global equities increased demand for the precious yellow metal. In the Asian session, at … Continue reading →

Posted in Gold | Comments Off