Monthly Archives: March 2018

Crude Oil: Oil trading slightly lower, ahead of Baker Hughes weekly rig count data

Posted on March 16, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.16% against the USD and closed at USD61.19 per barrel, as optimism over rising global crude demand continued to support demand for the commodity. The International Energy … Continue reading →

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Silver: Silver trading a tad higher in the morning session

Posted on March 16, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.97% against the USD and closed at USD16.40 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.40, with silver … Continue reading →

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Gold: Yellow metal trading slightly lower in the Asian session

Posted on March 16, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.75% against the USD and closed at USD1316.60 per ounce, as strength in the greenback dented demand for the precious yellow metal. In the Asian session, at GMT0400, the … Continue reading →

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AUD/USD: Aussie trading on a weaker footing this morning

Posted on March 16, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.13% against the USD and closed at 0.7793. LME Copper prices declined 1.9% or $129.5/MT to $6885.5/MT. Aluminium prices declined 1.6% or $33.5/MT to $2062.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s existing home sales sharply deteriorated in February

Posted on March 16, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.8% against the CAD and closed at 1.3057. The Canadian Dollar declined against the USD, after Canada’s existing home sales slid 6.5% on a monthly basis in February, … Continue reading →

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USD/CHF: SNB maintained the benchmark interest rate unchanged at -0.75%

Posted on March 16, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.74% against the CHF and closed at 0.9515. Yesterday, the Swiss National Bank (SNB), at its March monetary policy meeting, opted to keep the benchmark deposit rate steady … Continue reading →

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USD/JPY: Japan’s industrial production revised lower in January

Posted on March 16, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the JPY and closed at 106.30. In the Asian session, at GMT0400, the pair is trading at 105.88, with the USD trading 0.4% lower against the … Continue reading →

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GBP/USD: Pound trading on a weaker footing this morning

Posted on March 16, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.28% against the USD and closed at 1.3937. In the Asian session, at GMT0400, the pair is trading at 1.3929, with the GBP trading 0.06% lower against the … Continue reading →

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EUR/USD: Euro trading a tad higher, ahead of Euro-zone’s final consumer price inflation data

Posted on March 16, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.57% against the USD and closed at 1.2306. The US Dollar advanced against a basket of major currencies, on upbeat US economic reports. Data revealed that the number … Continue reading →

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Trading Signals as per 15-March-2018

Posted on March 15, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.2328 1.2398 USD/JPY SELL Active 106.52 105.82 USD/CAD SELL Active 1.3002 1.2932 AUD/USD SELL Active 0.7902 0.7852 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 on a stronger footing this morning

Posted on March 15, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.15% against the USD and closed at USD60.90 per barrel, on the back of brighter demand outlook after the Organisation of the Petroleum Exporting Countries (OPEC) stated … Continue reading →

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