Gold Fundamental Analysis May 25, 2012, Forecast
Gold climbed today adding over 20.00 to reach 1569.15.Overall market sentiments continue to reel under pressure from the lingering euro zone financial crisis and, weak economic indicators from Euro Zone and China added additional pressure ove
AUD/USD refuses to stay below 0.9700
... down to record 2012 lows at 0.9690 Wednesday by mid NY, and up to yesterday's highs at 0.9813 by early NY, AUD/USD stays at the exact same spot where it was back on Wednesday by Tokyo open, that is, last at 0.9766, and same with gold, now at $1558.
USD/CAD Trading at Resistance Area Around 1.03
The USD/CAD indeed pushed to the 1.03 level after breaking above the 1.0050-1.0060 resistance. The 1.0280-1.0315 area represent resistance pivots back in January 2012, with 1.0315 being the 2012 high. Although this resistance area sent the market
EUR/JPY and GBP/JPY at Declining Channel Support
Basically in both the EUR/JPY and GBP/JPY, we are ready for some corrective rally. However, there is still further downside before some more key support factors come in play. So without confidence for the bullish outlook from the current support,
Bank of Russia To Buy Considerable Figure" Of Gold Tonnage in 2012
By Mark O`byrne Gold's London AM fix this morning was USD 1560.50, EUR 1240.66, and GBP 996.04 per ounce. Yesterday's AM fix this morning was USD 1558.50, EUR 1239.27, and GBP 993.62 per ounce. Gold was off $1.70 or 0.11% in New York yesterday and ...
USD/JPY capped below 79.65 despite positive CPI data
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your ...
German stocks - Factors to watch on May 25
Related news GERMAN ECONOMIC DATA German consumer morale held steady going into June, the GfK market research group said on Friday, as business cycle expectations shot up despite renewed euro zone turbulence. EUROPEAN FACTORS TO WATCH DIARIES REUTERS ...
Using MACD Divergence
MACD DivergenceIt is not an entry signal but rather an indication of the bias of the pair based on current momentum.
For example, price may be going higher but MACD is moving lower and that would be negative divergence.
Euro/USD Continued to Trade Down on Thursday –Daily Recap
The Euro/USD continued to trade down during yesterday’s trading.. Furthermore, the Canadian dollar and several other currencies such as the GBP also declined against the USD. The safe haven exchange rates such as CHF and Yen also depreciated agai
Flash: NZD/USD may see 0.78 before an attack to 0.73 - Westpac
The NZ economy remains sluggish, providing little offset to the Eurozone crisis and China's slowdown." The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.
SEK issues billion dollar bond
SEK has issued a 5-year bond for USD 1 billion. Despite turbulent market conditions, the bond was very well received and was subscribed by investors from all over the world. Over 60 investors participated in the transaction, which was oversubscribed.
Technical Alert: EURUSD
EURUSD: With EUR taking out its key support at the 1.2620 level and weakening, the risk is for it to extend that weaken in the days ahead.


