FxPro Daily Forex Brief | Europe’s impossible dream
EU Pre-Summit | European Bond-Bifurcation | Horrible Japanese Mess | Even Lower Lows For AUD
EUR/USD Forecast Review 24 May 12
Popular EUR/USD forecast by the Forex Koala.
Daily Technical Strategist: EURGBP
EURGBP- We continue to hold our downside bias on EURGBP as we look for it to decline further towards the 0.7949 level.
USDJPY Moving Above 100 Hour MA
The USDJPY is moving above the 100 hour MA at the 79.45 level. The next target comes i at the 79.559 and then the 79.669. The 100 hour MA comes in at 79.72. BOJ Shirakawas said this morning that the BOJ will conduct powerful monetary easing....m
ForexLive: GBP/USD Looks To Extend Higher
The GBPUSD has been trading predominantly between the 1.5673 and 1.5700 level. The price is looking to extend the upside with the next targets at 1.57167 and 1.57415 (38.2 and 50% retracements). The 1.57415 was a floor area from earlier in the w
ForexLive: European Morning Wrap: Euro Hit Hard By Crap Data
EUR/USD sits at 1.2575, effectively unchanged on the day. But inbetween the single currency came under sustained selling pressure at one stage, weighed down by a succession of very poor economic data releases (see above)...more.
Rupee Hurt by EU Summit & Poor Prospects for India’s Growth
The Indian rupee dropped today as a disagreement for the European leaders about a way to tackle the debt problems lead to risk aversion sentiment on the Forex market that hurt riskier currencies of emerging markets. Still, the currency managed to
Facebook tries to Regroup as Wall Street Ekes Out Mixed Resu
On Wednesday, Wall Street had looked as though it would continue its losing streak but managed to eke out a couple of gains at the closing bell, leaving traders to believe that there may still be some life left yet. At the end of trading, only th
Euro Bears Ride the Downtrend as Greek Hopes Fade
With the market’s focus almost entirely on the growing possibility of a disorderly Greek exit from the Eurozone, mixed data from Germany couldn’t help dissuade bearish sentiment. The German Statistics Office reported earlier that 1st quarter GDP,
Silver Forecast May 24, 2012, Technical Analysis
The silver markets fell for much of the Wednesday session as the Dollar continued to climb for the day. However, the later hours of US trading suddenly felt bullish of risk appetite, and as a result the silver market recovered a bit to form a ham
Crude Oil Prices May 24, 2012, Technical
The Light Sweet Crude markets had another bearish session for the Wednesday market, but found support at the important psychological number of $90. The area providing support wasn’t really much of a surprise, as it is a large “round number”. The
Gold Fundamental Analysis May 24, 2012, Forecast
Analysis and Recommendations:Gold plummeted today, dropping by 37.25 to change hands at 1539.35.
Gold retreated for a secon...


