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USD/JPY capped below 79.65 despite positive CPI data

posted by Avatar superpotato 2 days ago in USD made popular 2 days ago

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your ... read more
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Canadian Dollar Fluctuates as U.S. Jobless Claims Little Changed

posted by Avatar grimadventures 2 days ago in Economic Indicators made popular 2 days ago

The currency traded little changed at C$1.0255 per US dollar at 8:39 am in Toronto, after gaining as much as 0.2 percent and falling 0.3 percent. Yesterday it depreciated to C$1.0296, its weakest level since Jan. 9. One Canadian dollar buys 97.51 US ... read more
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Giving EUR/USD Another Shot

posted by Avatar EJSuratos 2 days ago in USD, EUR, Special made popular 2 days ago

Do you see what I see on EUR/USD? Yup, I'm giving EUR/USD another shot. Hopefully, this time around, I won't miss the boat! read more
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Daily Chart Art - May 24, 2012

posted by Avatar EJSuratos 2 days ago in Technical, Daily made popular 2 days ago

If you're hungry for more piptastic setups, then gather 'round playas! Feast your eyes on these charts on AUD/USD, USD/CHF, and USD/JPY! read more
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ForexLive: NZD/USD's Choppy Correction Higher

posted by Avatar ejc 2 days ago in NZD, Technical, Daily made popular 2 days ago

The NZDUSD has been chopping higher with the NY action staying above the 200 bar MA on the 5 minute chart and a loose channel trend line. Earlier the price pushed above the midpoint of the move down this week but that attempt was quickly rejecte read more
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Kiwi Pauses Decline, Can It Keep Gains?

posted by Avatar commodityblog 2 days ago in USD, NZD, Fundamental made popular 2 days ago

The New Zealand dollar stalled its declined and rebounded today on speculations that losses were excessive. Gains were limited, though, as the disagreement between European leaders hurt demand for higher-yielding assets. read more
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USD/CAD Forecast May 24, 2012, Technical Analysis

posted by Avatar FXEmpire 3 days ago in USD, CAD, Technical made popular 3 days ago

The USD/CAD pair rose for much of the session as the “risk off” attitude continues to plague the markets in general. Adding to the bullish pressure is the fact that the oil markets fell, and this in turn hurt the Loonie. The end of the day saw a read more
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AUD/USD Fundamental Analysis May 24, 2012 Forecast

posted by Avatar FXEmpire 3 days ago in USD, AUD, Fundamental made popular 3 days ago

Analysis and Recommendation: (close of Asian session)

The AUD/USD continues to fall, trading at 0.9771 as Asian markets close for the day.

The risk aversion mode of the markets continues to push the USD to dominate all of its trading partne read more
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CAD Reaches Four-Month Low vs. USD

posted by Avatar commodityblog 3 days ago in USD, CAD, Fundamental

The Canadian dollar slipped to the four-month low against its US counterpart and the three-month low versus the Japanese yen. The currency gained against the euro and the Australian dollar. read more
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Asian Stock Market Today May 24 2012

posted by Avatar stockmarket 3 days ago in Fundamental, Daily made popular 3 days ago

Asian shares were steady but remained vulnerable on Thursday amid signs European leaders were unable to deliver meaningful measures to resolve the region's deepening debt crisis. read more
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Euro Hits Near 2-Yr Low, Grexit Fears Persist - Chris Capre

posted by Avatar Chris-Capre 3 days ago in USD, Technical, Daily made popular 3 days ago

Euro Hits Near 2-Yr Low, Grexit Fears Persist - Chris Capre read more
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EUR/USD Technical Outlook – May 23rd

posted by Avatar forexalliancecom 3 days ago in EUR, Technical, Daily made popular 3 days ago

The euro has now broken through the 2012 low of 1.2627, trading at 1.2581 in the New York afternoon. The penetration of the yearly low now completes the triple top formation, indicative of a potential bout of consolidation ahead of the 1.2550 fi read more