GBP/USD Forecast for the Week of May 21, 2012, Technical Ana
The GBP/USD pair had a horrible week over the last five sessions. The pair started out as the 1.61 level, only to lose over 300 pips for the week. However, the Friday candle turned out to be a hammer, and at the 50% Fibonacci retracement level as
AUD/USD Forecast for the Week of May 21, 2012, Technical Ana
The AUD/USD pair fell hard for most of the week as the “risk off” trade is now back in full force. The pair is now well under the parity level, and now looks as if it is pressing to break down to the 0.95 level. However, the fall has been strong
USD/CAD Forecast for the Week of May 21, 2012, Technical Ana
The USD/CAD pair skyrocketed during the week as the 1.01 barrier finally gave way. The oil markets are falling as well, and the large green candle for the week in this pair is a dead obvious signal that leaves little doubt about how the pair is a
EUR/USD Weekly Fundamental Analysis May 21-25, 2012, Forecas
Introduction: Out of the major currency pairs the most popular and easy to trade currency pair is the EUR/USD. It has become so popular with traders these days that even when there is no visible trade to be had it is yet traded as a matter of hab
USD/CAD Weekly Fundamental Analysis May 21-25, 2012, Forecas
Introduction: The Canadian Dollar moves in reaction to the US Dollar. Movements are small and easy to track and trade. The Canadian Dollar also responds to economic reports within Canada. It has little action against foreign currencies except dur
EUR/USD Fundamental Analysis May 21, 2012, Forecast
Analysis and Recommendations:The EUR/USD added a few pips in a relatively quiet trading day. On a very quiet eco day, the news and rhetoric were also turned down. The day was like the calm before the storm, commodities, equities and currencie
EUR/USD Outlook May 21-25
Euro/dollar had a horrible week, with drops accelerating on the certainty of another round of Greek elections, and open talk about a Greek exit of the euro-zone. The pair avoided falling below this year’s lows for now. Are more drops likely, or a
Special Focus: USDCHF (Week Ahead)
USDCHF: Although USDJPY continues to hold on to its recovery tone while holding above the 0.9334 level, it faces the risk of a turn lower.
EURUSD Analysis – Buyers Seen At Double Bottom Area
EURUSD Analysis – Buyers Seen At Double Bottom Area.
GBPUSD Price Action Pinbar Follows Bearish Week
GBPUSD Price Action Pinbar Follows Bearish Week.
Chile’s Central Bank Holds Main Interest Rate, Peso Advances
The Chilean peso rose even after Chile’s central bank refrained from increasing interest rates. Good prospects for the nation’s economy and possibility of an interest rate hike in the future may be responsible for the currency’s gains.
Monetary Policy Week in Review - 19 May 2012
The past week in monetary policy was relatively quiet on the interest rate front, with just Iceland changing rates; adding 50 basis points to 5.50%, and Chile's central bank holding its interest rate unchanged at 5.00%. Outside of monetary polic


