Advocating Patience, Top Gurus Undaunted by Red Week
Over the past week, quite a few OpenBook traders and even a few gurus were caught on the wrong side of a trade or when the crisis in the Eurozone escalated well beyond investors’ comfort zone. The Euro trended lower and refused to retrace, much t
Gold Fundamental Analysis May 18, 2012, Forecast
Gold reversed course today adding 38.75 to trade at 1574.85Gold futures extended the early gains tracking the bounce back in the global gold prices on bargain buying and strong euro.
Silver Fundamental Analysis May 18, 2012, Forecast
Silver moved up today to trade at 28.142 following in gold’s footstep. Silver virtually mimicked each move by gold today. The overall base metal group did well in today’s session as investors moved into a bit more risk, and shunned all European a
Natural Gas Fundamental Analysis May 18, 2012, Forecast
Natural Gas fell 0.080 to trade at 2.538 as investors enjoyed a bit of profit taking.Today’s inventory reports stated:
Working gas in storage was 2,667 Bcf as of Friday, May 11, 2012, according to EIA estimates. This represents a net incre
Crude Oil Fundamental Analysis May 18, 2012, Forecast
Crude Oil continued to decline trading at 92.28. OPEC continues to produce more than required supplies, helping make sure that there are no shortages or possibility of shortages, therefore intentionally creating a world glut, also with several st
USD/JPY Fundamental Analysis May 18, 2012, Forecast
The USD/JPY is trading at 80.31 as the USD maintained it strength against the Japanese yen. Markets remain is risk aversion safe haven mode with most currencies and commodities losing to either the USD or the JPY, it is the battle between the two
Traders Count the Minutes till the Facebook Frenzy Begins
The debate and speculation is finally over and all that’s left now is the shouting. Late yesterday, Facebook executives announced that it would price its 421.2 million shares of stock at $38.00 per share, the high end of the anticipated range. At
Jean-Claude Trichet Has an Idea that Could Save the Euro...
Jean Claude Trichet, the former president of the European Central Bank, yesterday presented a bold but sure to be controversial plan that could go some way to saving the Eurozone. Many of the problems that currently exist in the Eurozone can be b
MCX Gold Silver Tips, Copper Update, Base Metals Tips, NCDE
Despite the slowdown in the international market continues to stand green mode in the domestic market. MCX gold- silver is also better up in Crude oil. Get more tips....
EURUSD Outlook 18th May 2012
EURUSD Analysis & News – Euro/Dollar Rate Outlook 18th May.
ForexLive: North American Wrap
Philly Fed plunges. Relentless bid in the yen as risk trades took another pounding.
EUR/USD Fluctuates, Attempts to Avoid Fifth Day of Losses
EUR/USD was falling today, heading for a fifth straight day of losses. The currency pair rebounded later and currently stays flat.


