Monthly Archives: March 2018

USD/CAD: Loonie reverses its losses in the Asian session

Posted on March 23, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.34% against the CAD and closed at 1.2938. In the Asian session, at GMT0400, the pair is trading at 1.2920, with the USD trading 0.14% lower against CAD … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing this morning

Posted on March 23, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9478. In the Asian session, at GMT0400, the pair is trading at 0.9453, with the USD trading 0.26% lower against the … Continue reading →

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USD/JPY: Japan’s annual inflation advanced as expected in February

Posted on March 23, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.8% against the JPY and closed at 104.88. The Japanese Yen gained ground against the USD, as investors piled into safe haven currency, after the US President, Donald … Continue reading →

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GBP/USD: BoE holds interest rate at 0.50%, hints at May rate hike

Posted on March 23, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.39% against the USD and closed at 1.4105, after the Bank of England (BoE) reiterated that any future interest rate hikes would be gradual and limited. The BoE, … Continue reading →

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EUR/USD: Euro-zone’s manufacturing sector growth cooled to an 8-month low in March, while services sector activity eased to a 5-month low in the same month

Posted on March 23, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.35% against the USD and closed at 1.2317, after the latest set of economic releases pointed to a moderation in economic activity across the Euro-zone. Data revealed that … Continue reading →

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Trading Signals as per 22-March-2018

Posted on March 22, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.2412 1.2272 GBP/USD SELL Active 1.4222 1.4102 USD/JPY BUY Active 104.98 105.98 EUR/JPY SELL Active 130.92 129.72 GBP/CHF BUY Active 1.3362 1.3455 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 22, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.73% against the USD and closed at USD65.46 per barrel, after the Energy Information Administration (EIA) reported a surprise draw in US crude oil inventories. The EIA … Continue reading →

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Silver: White metal trading a tad lower this morning

Posted on March 22, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.00% against the USD and closed at USD16.55 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.55, with silver … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on March 22, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.93% against the USD and closed at USD1338.20 per ounce, as the greenback weakened broadly after the US Fed indicated that it is on track for only two more … Continue reading →

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AUD/USD: Australia’s unemployment rate unexpectedly climbed in February

Posted on March 22, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.98% against the USD and closed at 0.7766. LME Copper prices declined 2.4% or $163.0/MT to $6675.0/MT. Aluminium prices declined 5.1% or $111.5/MT to $2056.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its gains in the morning session

Posted on March 22, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.98% against the CAD and closed at 1.2900. In the Asian session, at GMT0400, the pair is trading at 1.2893, with the USD trading 0.10% lower against the … Continue reading →

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