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AUD/USD Forecast May 15, 2012, Technical Analysis

posted by Avatar FXEmpire 11 days ago in USD, AUD, Technical made popular 11 days ago

The AUD/USD pair fell hard on the Monday session as the “risk off” trade came into vogue. The Americans have been buying up the risk assets after the Asians and Europeans sell them off, but the Monday session saw them ignore them. The parity leve read more
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Silver Forecast May 15, 2012, Technical Analysis

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

The silver markets fell again on Monday as the Dollar continues to gain overall. The market has recently broken below the support level at the $30 level, and this signaled to us that the market was ready to see a major selloff. The silver markets 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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GBP/USD Fundamental Analysis May 15, 2012, Forecast

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

Analysis and Recommendations:
The GBP/USD climbed a few pips today to trade at 1.6085. Many investors are turning to the GBP to handle business and as another choice as a safe haven. Even though today’s trading mode was risk aversion, the GBP wa read more
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Market Update: China Faces Slowdown. Gold Drops 5 month low

posted by Avatar forexpromos 12 days ago in USD, Daily, Gold made popular 11 days ago

China cuts RRR by 50 basis points amidst a slowdown in economy. Gold dropped to a record 5 month low against the USD, trading at $1558.35 per ounce. read more
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Forex Outlook for May 15, 2012

posted by Avatar goldsam 12 days ago in USD, EUR, AUD made popular 12 days ago

It is big events for forex market May 15, 2012. read more
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Asia Currency Preview AUD, EURO, USD, JPY

posted by Avatar busybee 12 days ago in USD, EUR, CHF, CAD, AUD made popular 12 days ago

By Paul A. Ebeling, Jnr. EUR-USD taps 4 month low: The US Dollar index has slipped off its best levels of the session, but still holds modest gains near 80.55. EUR-USD is -65 pips at 1.2855 and near its best levels of US trade after reports surfaced ... read more
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USD/JPY Technical Outlook – May 14th

posted by Avatar forexalliancecom 12 days ago in JPY, Technical, Special made popular 12 days ago

The USDJPY exchange rate remains in consolidation, but looks to be failing the pivotal 80.00 figure. Any bullish price action has now stalled for the sixth straight session, leaving the door open for near term Japanese yen strength. read more
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Daily Technical Strategist: EURGBP

posted by Avatar FXTechstrategy 12 days ago in EUR, Technical, Daily made popular 12 days ago

EURGBP-Having maintained its bearishness and held firmly below its broken support at the 0.8066 level, further decline looks to target its key support located at the 0.7840 level. read more
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EUR/GBP Pushes Below 0.80 with 0.77 In Sight

posted by Avatar FXTimes 12 days ago in EUR, GBP, Technical made popular 12 days ago

As the Euro falls on the weight of uncertainty, the GBP is resilient and treated like a safe haven. This has translated to the EUR/GBP falling below the 0.80 handle. The 4H chart shows a market in a persistently bearish trend, as the moving avera read more
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EUR/USD Break Confirmed – Next Support Eyed

posted by Avatar forexcrunch 12 days ago in USD, EUR made popular 12 days ago

There’s no respite for the common currency: after dipping below 1.2873, the pair seemed to be staging a comeback, but the falls resumed in the wake of the US session.

It’s currently holding on lower support, but this isn’t a strong one. This h read more
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EU’s Anti-Austerity/Bailout Voices Speak Loud and Clear

posted by Avatar eToro 12 days ago in EUR, Fundamental, Daily made popular 12 days ago

Election news is once again in the fore in Europe; in Germany, Chancellor Angela Merkel and her party of conservatives were dealt a stunning blow as they failed to regain power in the country’s most populous state, and one considered a bellwether read more