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Daily Technical Strategist: GBPJPY

posted by Avatar FXTechstrategy 1 day 23 hours ago in GBP, Technical, Daily made popular 1 day 20 hours ago

GBPJPY – Having continued to hold on to its broader downside GBPJPY looks to target the 124.63 level. read more
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US corn firms slightly on bargain hunting

posted by Avatar JoryEd 2 days ago in USD, Commodities made popular 2 days ago

Corn is down more than 8 percent on the week for the biggest weekly loss of the July contract after Monday's US Department of Agriculture weekly crop report showed that predicted 2012/13 ample supplies had yet to be damaged by hot weather in the United ... read more
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Euro wallows at 2-year lows as EU jitters rattle markets

posted by Avatar yosoybeloved 2 days ago in EUR, JPY made popular 2 days ago

* EUR option barriers at $1.2500; stops at $1.2480 * Market could consolidate around $1.25 * Break of the level targets June 2010 low of $1.1876 * USD/JPY supported by importers, short-covering * Long US weekend could limit volatility By Antoni ... read more
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USD/JPY up notch or two, deflation, short-covers. TKO fix

posted by Avatar Tantan 2 days ago in USD, JPY made popular 2 days ago

USD/JPY is up a notch or two from recent lows in the low-79 region and looking to remain buoyant into the Tokyo fix and the weekend. It is the 25th, a Gotobi, and Japanese importer settlement demand is expected to be larger than usual. read more
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Australian Dollar Outlook - 05/25/2012

posted by Avatar penpip 2 days ago in USD, EUR, JPY, GBP, CAD, AUD made popular 2 days ago

Reinforcing the need for stimulus in China, the HSBC flash manufacturing PMI eased slightly in May to 48.7 showing a tough growth environment for smaller manufacturers. There are no data releases due today therefore we expect the AUD to continue its ... read more
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EUR/AUD showing weakness below 1.2900

posted by Avatar dennis 2 days ago in EUR made popular 2 days ago

High-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, ... read more
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Asia Market Preview Gold, SIlver and Oil Prices

posted by Avatar trader 2 days ago in USD, EUR, JPY, CAD, AUD, Commodities made popular 2 days ago

By Paul A. Ebeling, Jnr. US Gold futures prices finished pit trade a bit higher, but off the early session highs Thursday. A strengthening USD index prompted the precious Yellow metal to back off its daily high. Trading Friday will be extra important ... read more
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Cowabunga System Daily Update: Thursday, 05/24/2012

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

It was a decent day as I was able to grab 15 pips off of two trades! See how it all went down in today's Cowabunga Surf Report. read more
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ForexLive: Solid Selling Interst In USD/CAD Ahead Of 1.03

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

USD/CAD remains near the highest levels of the session at 1.0280. Option barriers at 1.03 are likely to be defended and the corporate order board is splattered with bids from there to 1.0360...more. read more
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EUR/USD Flat After Reaching 22-Month Low

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

EUR/USD was flat after earlier today it reached the lowest level since July 2010. The euro was continuously declining since the beginning of May as the possibility of Greece’s exit from the eurozone was becoming more and more material. 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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Indian Rupee Continues To Decline, Despite Intervention

posted by Avatar forexalliancecom 2 days ago in USD, Fundamental, Special made popular 2 days ago

For the first time in four sessions, the Indian rupee fought back against the US dollar, retracing from another historic low for the Asian currency. Falling to 56.38 against the US dollar, the rupee is managing to eke out a gain as markets head read more