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Commodity Technical Outlo ...

GOLD: The commodity turned off its intra-day low at 1,338 level to close higher on Monday but continues to maintain its broad

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EUR/USD Forecast 21 May 1 ...

EUR/USD recovers and receives bearish pressure again. Market speculates on QE.

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GBP/USD Follows Through t ...

Consumer Price Inflation in the UK slowed more than expected in April to 2.4%, a 7 month low, causing the GBP/USD to sell off

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China and US Aim to Stop ...

Asian comes under the spotlight today as Barack Obama sets a meeting with Chinese President Xi Jinping for next month. The me

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GBPJPY: Bullish, Broader ...

GBPJPY – With GBPJPY continuing to hold on to its broader upside, we look for it to strengthen further in the days ahead.

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Gold and Silver Prices - ...

The bullion market has changed direction and rallied on the first day of the week after gold and silver rate plummeted last w

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June '13 British Pound: B ...

Technically the MKT is "on the fence" and in a pivotal position. On the SELL side BREAKOUT, FADE and REVERSAL strategies are

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Gold Recovers, Remains in ...

Gold rose today as Moody’s Investors Service signaled that it may cut the credit rating of the United States if policy make

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Dollar Recovers, Remains ...

The US dollar recovered a bit today after yesterday’s losses, but still remained soft amid speculations that the Federal Re

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Shooting Star on the Hour ...

Bearish shooting star candlestick pattern formed on the hourly chart after cable reached up to resistance at 1.5280. Potentia

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European Market Update – 4/23/10

posted by Avatar topequitynews 1124 days ago in Technical, Daily made popular 1124 days ago

Equities: European markets are reacting to divergent pulls throughout the morning session. Pre-market trading was bid to the positive side mainly as a rebound from yesterday’s equity losses. Trading in Asia and after market NY was downside domina  read more
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US Morning Notes – USD higher, Greece seeks aid, surge in Ge

posted by Avatar topequitynews 1124 days ago in Technical, Daily made popular 1124 days ago

The USD is trading mostly higher except versus the EUR, the EUR trades higher in reaction to report that Greece seeks to activate the EU/IMF aid package and in reaction to stronger than expected German IFO business sentiment, GBP trades lower pre  read more
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US Market Update – 4/23/10

posted by Avatar topequitynews 1124 days ago in Technical, Daily made popular 1124 days ago

Uncertainty remains in the air this morning as strong US economic data butts heads with evolving sovereign concerns in Europe. Greece formally requested activation of its package of emergency loans this morning, sparking a flood of commentary fro  read more
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A bunch of horses from the same smarmy stable

posted by Avatar Nica 1124 days ago in Technical, Fundamental, Daily made popular 1124 days ago

Milton Friedman said, "a central bank can control its exchange rate, it can control its interest rates, and it can control its money supply/inflation. But it can't control all three at the same time."  read more
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USD/JPY Soars on News of Possible Fed Asset Sales

posted by Avatar fx360 1124 days ago in USD, JPY, Daily made popular 1124 days ago

Steve Leisman of CNBC reported that the Fed is considering the possibility of reducing its massive 1.2 Trillion dollar MBS portfolio by initiating some asset sales as early as the third or the fourth quarter of 2010. If the Fed were to enact this  read more
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Better IFO Provides Relief to Euro, But Fears Persist

posted by Avatar fx360 1124 days ago in EUR, Daily made popular 1124 days ago

German IFO survey of business expectations rose much better than forecast breaking above the 100 level for the first time in more than 2 years as lower euro continues to have a positive impact on export centric Germany. The IFO rose to 101.6 fro  read more
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Relief Rally for EUR/USD?

posted by Avatar fx360 1124 days ago in USD, EUR, Daily made popular 1124 days ago

Euro rebounded off yearly lows in the wake of stronger than forecast IFO report and rumors that Greece will activate the bailout package, while cable was foiled once again in its run to 1.5400 on weaker than expected GDP readings on the final ni  read more
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evening forex signals 50 pips daily !

posted by Avatar vnchanger 1124 days ago in JPY, Technical, Daily made popular 1124 days ago

Evening Signals - Friday, 23 Apr- 2010 11 :10 AM EUR/USD Trend: Downward Sell EUR/USD at 1.3307 SL 1.3347 TP 1.3277 USD/JPY Trend: Upward Buy USD/JPY at 93.48 SL 93.08 TP1 93.78  read more
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Reverse Head and Shoulders in the USD/JPY 4-23-2010

posted by Avatar almapal 1124 days ago in USD, Technical, Daily made popular 1124 days ago

USD/JPY seems to be forming a reverse head and shoulders formation in the 3-hour chart. This will only be confirmed once the price breaks out of the neckline.  read more
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Moody's Downgrades Greece Once Again!

posted by Avatar forexben 1124 days ago in USD, Fundamental, Daily made popular 1124 days ago

Markets yesterday fretted once more over Greece as EU/IMF and Greek squabbling delay any full agreement materializing also it looks likely that Greece may delay payments to bond investors and if that was not enough for the nerve wracked inventors  read more
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Forex Daily Outlook – April 23rd

posted by Avatar forexcrunch 1124 days ago in Daily made popular 1124 days ago

American home sales on the rise, the international G20 meeting with a closing speech from US Treasury Secretary Timothy Geithner together with other encouraging news from around the world sum up this week. Let’s see what’s up for today.  read more
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Daily Chart Art - April 23, 2010

posted by Avatar Buruguduy 1124 days ago in Technical, Daily made popular 1124 days ago

TGIF! Today, I bring you the EURJPY, USDJPY, and AUDUSD. Go ahead and check 'em out!  read more