Silver Fundamental Analysis May 22, 2012, Forecast
Analysis and Recommendations:Silver was surprisingly active today, falling 0.465 to trade at 28.25. Spot Silver declined by 0.9 percent today.
The base metals pack traded on a mixed note today on account of rise in LME inventories along with
NZD/USD Fundamental Analysis May 22, 2012, Forecast
Analysis and Recommendation: (close of the Asian session)The NZD/USD continued its decent against the strong USD today, trading at 0.7597. A report just released should help support the kiwi in upcoming sessions.
Dun & Bradsheet named Aus
AUD/USD Fundamental Analysis May 22, 2012 Forecast
Analysis and Recommendation: (close of Asian session)The AUD/USD picked up some strength in the early part of the day but then began to fall again, closing midway between open and close against the strong USD. The pair ended today’s session a
USD/JPY Fundamental Analysis May 22, 2012, Forecast
Analysis and Recommendation: (close of Asian session)The USD/JPY is ending the Asian session at 79.21 as the yen weakened as the intervention from the BoJ in the form of additional monetary stimulus became more probable. The BoJ has stated it
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Index Technical Outlook: US Dollar Index
US Dollar Index: With the Index halting its strength and triggering a corrective pullback for a second day in a row, the risk is for more downside to
Growth Brewing In Thailand, Thai Baht Slumps
The Thai baht declined on the day against the US dollar, following the release of the gross domestic product figure. Although expansion was faster than anticipated, the Asian emerging market currency came under a bout of selling on the heels of
Daily Chart Art - May 21, 2012
Got the Monday blues? Time to shake em' off with these sizzling hot charts on EUR/USD, AUD/USD, and EUR/GBP!
G8 Rocks Markets, Currencies Lower
The G8 summit provided nothing in the way of details for further improvement – on both the world economic and Greece debacle front. Following the annual meeting at Camp David, Maryland, leaders of the G8 countries released statements that were p
Yuan Gains as Wen Promises to Boost Growth, Retreats
The Chinese yuan gained today, before retreating below opening level, after the central bank set the reference rate higher and the head of China said that the government will take measures to boost economic growth of the country.
GBP/USD Consolidates Below 100 and 200 Day MA
The 200 and 100 day MA are at the 1.58195 and 1.58295 levels respectively today. The price extended above the levels in the Asian and morning London sessions (high reached 1.5837) but was quickly rejected.....more.
USD/JPY Tapping at the 79.40 Resistance Pivot
USD/JPY still has downside risk but is in a correction attempt. The 1H chart shows a market that has completed a 5-wave decline from 80.53 to 78.96. This does not always lead to a corrective rally, but if there is a correction, we can say it is a


