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Daily Chart Art - May 15, 2012

posted by Avatar EJSuratos 11 days ago in Technical, Daily made popular 11 days ago

If you're a fan of retracements and break-and-retest plays, then these chart setups could be for you. Check out these potential pullbacks on EUR/JPY, GBP/USD, and NZD/USD! read more
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SPX 500 - Tuesday 05-15-12

posted by Avatar Boston4X 11 days ago in EUR, Technical, Fundamental made popular 11 days ago

The SPX 500 is off its overnight lows and sits about flat from Mondays close on the S&P 500 (as of 9:45am ET). The read more
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Pound Slides To Fresh 3-week Low Against Dollar

posted by Avatar CommodityTip 11 days ago in all made popular 11 days ago

On the downside, the pound may find target around the 0.8030 level. The German economy expanded more than expected in the first quarter of 2012, data released by the Federal Statistical Office showed today. Gross domestic product rose 0.5 percent from ... read more
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Euro Attempting to Recover on Technical Bounce and Solid Data

posted by Avatar victoryismine 11 days ago in EUR, Economic Indicators

So far on Tuesday, economic data out of the Eurozone has been well received overall, with solid German growth data, better than expected Eurozone GDP and an above consensus current situation to the German ZEW, all helping to prop. read more
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Portuguese GDP Shrinks For Sixth Straight Quarter, But Better Than Expected

posted by Avatar WiredDeal 11 days ago in USD, EUR, Economic Indicators made popular 11 days ago

The Portugese GDP was released at the same time as the Eurozone GDP came in slightly better than expected with 0.0% growth for the first quarter. EUR/USD fell slightly following both releases, possibly correcting from a small earlier day rally. read more
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GBP/USD Stabilizes Around 1.61

posted by Avatar jobseeker 11 days ago in USD, EUR, CAD, AUD made popular 11 days ago

On Monday Pound/Dollar increased with 70 pips. The Cable appreciated from 1.6049 to 1.6123 yesterday, in line with the positive money flow sentiment at over +6%, closing the day at 1.6086. Today the British Pound is trading quietly, with movements at ... read more
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Light Sweet Crude Forecast May 15, 2012, Technical Analysis

posted by Avatar FXEmpire 11 days ago in Technical, Daily, Oil made popular 11 days ago

The Light Sweet Crude markets fell hard during the Monday session as the bullishness in the US dollar continues. The “risk off” trade has many people selling first and asking questions later, and the oil markets aren’t going to be any different. read more
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Gold Forecast May 15, 2012, Technical Analysis

posted by Avatar FXEmpire 11 days ago in Technical, Daily, Gold made popular 11 days ago

The gold markets fell hard on Monday as the fears out of the European Union continue to push the value of the US dollar higher. The Euro fell hard, and the resulting strength of the Dollar had a large impact on this commodity. The $1,500 level is read more
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EUR/USD Fundamental Analysis May 15, 2012, Forecast

posted by Avatar FXEmpire 11 days ago in USD, EUR, Fundamental made popular 11 days ago

Analysis and Recommendations:

The EUR/USD continues to fall today, trading at 1.2835. The euro was fairly steady until the US session. Investors grew weary of the Greece political drama and negative eco data from the EU with no clear position read more
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Singapore Stocks-May open lower on Greece, growth concerns

posted by Avatar WiredDeal 12 days ago in all made popular 12 days ago

----------------------MARKET SNAPSHOT @ 0010 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1338.35 -1.11% -15.040 USD/JPY 79.83 -0.03% -0.020 10-YR US TSY YLD 1.7774 -- 0.009 SPOT GOLD 1558.9 0.14% 2.250 US CRUDE 94.32 -0.49% -0.460 DOW ... read more
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Gold Might be Due for a Corrective Rally as it Nears Support

posted by Avatar FXTimes 12 days ago in Technical, Daily, Gold made popular 12 days ago

As risk aversion boosts the USD, XAU/USD or gold has been sliding sharply from a central pivot of 1666.50 to the current 1555 area. As the market falls sharply, we should remember that gold has been trading in a range roughly between 1802 resista read more
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Euro Hammered, Hits 4-Month Low on Greek Exit Worries

posted by Avatar Chris-Capre 12 days ago in EUR, Technical, Daily made popular 12 days ago

Euro Hammered, Hits 4-Month Low on Greek Exit Worries read more