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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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Daily Technical Strategist: EURUSD

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

EURUSD: With EUR continuing to weaken on the back of its past week downside pressure, further decline is expected. read more
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ForexLive: European Morning Wrap

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

Euro zone worries to the fore, led by Greece with Spain not far behind. Worries about the Chinese economy also growing. European stocks have cratered this morning, eurostoxx 50 off circa -2.5%. Gold off $17 bucks from the $1580 which greeted me read more
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Gold & Silver Prices – Daily Outlook May 14th

posted by Avatar liorcohen 13 days ago in Fundamental, Daily, Gold made popular 12 days ago

Gold and silver continued their descent on Friday following the publication of the U.S PPI report in which the core producer price index rose by 0.2% during April; the core PPI tends to be negatively correlated with gold price and thus may have a read more
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Pound Gains, Threatens Economy of UK

posted by Avatar commodityblog 13 days ago in USD, GBP, Fundamental made popular 13 days ago

The Great Britain pound rose today as the safe haven role of the currency helped it to profit from speculation that Greece may leave the eurozone. The strength of the sterling caused worries that it may hurt the UK economy. read more
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If Greece leaves the euro this will have far reaching ramifications

posted by Avatar macoleth 13 days ago in USD, EUR, JPY, GBP, CAD, AUD, NZD, Economic Indicators made popular 13 days ago

The recent range continues for this pair., albeit the AUD is under some pressure. As the European crisis is the cause of the slowing global growth profile, the AUD economy is directly affected and this is causing the AUD under performance. read more
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Australian Stock Market Report Midday 5/14/2012

posted by Avatar pipOhoLic 13 days ago in USD, EUR, JPY, CAD, AUD, Commodities made popular 13 days ago

Base metal prices were mixed in the London Metals Exchange (LME) on Friday night. Today the S&P/ASX 200 Materials sector had lost 0.15 % by lunchtime. Rio Tinto Limited's (RIO) share price lost 0.44% to $60.80. BHP Billiton Limited (BHP) slightly ... read more
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USD/JPY Pushes Above 80.00; Forms an Inverted H&S

posted by Avatar FXTimes 13 days ago in USD, JPY, Technical made popular 13 days ago

USD/JPY’s attempt to push below 79.50 was held off last week with a low at about 79.40, and as the 5/14-5/18 trading week starts, the pair is climbing above 80.00. The 4H chart shows price action forming an inverted head and shoulders with the ne read more
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Forex Outlook for May 14, 2012

posted by Avatar goldsam 13 days ago in USD, Fundamental, Daily made popular 13 days ago

It is big events for forex market May 14, 2012. read more
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New Zealand Q1 retail sales -1.5% QoQ, +4.4% YoY

posted by Avatar superpotato 13 days ago in EUR, NZD made popular 13 days ago

SingaporeSling: closed out my Euro shorts reckon its a quick buy towards 1.2855 (tight stops though down 1.2815/20)... fxhippo: this does not bode well for aud; China's electricity output watched religiously by bears ... lilac: Stickin' with plan A ... read more
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NZD/USD down on economic data

posted by Avatar zero 13 days ago in NZD made popular 13 days ago

By Forexpros | Forex News | May 13, 2012 11:00PM GMT | Add a Comment Forexpros - The New Zealand Dollar was lower against the US Dollar on Sunday after the release of NZ data on Core Retail Sales. NZD/USD was trading at 0.7798, down 0.40% at time of ... read more
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Video: Gold, Silver, Oil Technical Analysis for Next Week

posted by Avatar commodityblog 13 days ago in Technical, Gold, Oil made popular 13 days ago

These three short videos show what analysts expect of the week starting May 14 for gold, silver and oil. read more