posted by
forexcrunch
1 day 22 hours ago
in USD, EUR
Euro USD managed to find support on low ground and bounce off. Italy’s technocrat Prime Minister Mario Monti said that Greece will likely stay in the euro-zone, and that Italy can help convince Germany to “support Europe’s common good”. Germany j
posted by
FXEmpire
1 day 22 hours ago
in USD, CAD, Fundamental
The USD/CAD in early trading continues to climb, with the Looney having no strength to combat the risk aversion mode of the markets. The pair is trading for 1.0263 with the USD picking up 0.0010.
posted by
FXEmpire
1 day 23 hours ago
in EUR, GBP, Fundamental
The EUR/GBP remained close to the opening, trading at 0.8014 after opening at 0.8018 and reaching a high of 0.8026. The drama in the Eurozone continues to weigh on markets, with today’s press reports featuring prominent former ECB board member
posted by
FXEmpire
1 day 23 hours ago
in USD, NZD, Fundamental
The NZD/USD is trading today at 0.7514. The kiwi dollar climbed from a six-month low as European Union leaders failed to reach agreements as talk Greece could leave the eurozone and after Finance Minister English’s budget.
posted by
FXEmpire
1 day 23 hours ago
in USD, AUD, Fundamental
The AUD/USD continues to decline against the USD to reach 0.9742. The Aussie is slightly lower, trading in a tight range throughout the morning, after the release of key Chinese economic data. The HSBC PMI preliminary reading was reported at 48.7
posted by
eToro
1 day 23 hours ago
in Fundamental, Daily, Oil
Oil prices could be set to post their fourth consecutive weekly loss despite increasing tensions in the Middle East which could disrupt supplies; analysts say that if realized, that would be the longest losing streak in more than two years. On th
posted by
FXEmpire
1 day 23 hours ago
in Technical, Daily, Agriculture
The natural gas markets fell for the session on Thursday, but remain above the $2.60 support level. The recent action has been contained within the $2.60 to $2.80 range, and we think that the market is at a major crossroads at the moment.
posted by
FXEmpire
1 day 23 hours ago
in USD, JPY, Technical
The USD/JPY pair had a slightly bullish session on Thursday as we had suspected consolidation to be the next move. So far, this is coming true. However, we still feel that the real risks could be to the upside long-term, and we also know that the
posted by
FXEmpire
1 day 23 hours ago
in USD, NZD, Technical
The recent fall in risk appetite has been stunning, as this pair rallies slightly on Thursday. The bounce that one would expect could come, but the action on Thursday didn’t exactly instill confidence in this pair for us. The candle is a bit like
posted by
FXEmpire
1 day 23 hours ago
in EUR, CHF, Technical
A wild day was seen in the EUR/CHF pair for Thursday. A rumor about some kind of Swiss deposit tax in the banks had the market spike 70 pips or so in the middle of the session, only to fall right back down to where it started. The spike is a perf
posted by
FXEmpire
1 day 23 hours ago
in USD, AUD, Technical
The AUD/USD pair rose during the session on Thursday, but failed to make a strong statement. The resulting candle for the session is a shooting star at the bottom of this fall, and this is one of the most bearish signals we know of if it gets tri
posted by
bocrunch
2 days ago
in USD, CHF, Consumer
Today, Friday, May 25th produces 2 new trading events. These events provide excellent trading opportunities for binary options traders. The U.S. Revised UoM Consumer Sentiments today, will probably have an effect on the USD/JPY.