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Copper Heads to Second Weekly Loss, Gold Advances

posted by Avatar commodityblog 2 days ago in Fundamental, Gold, Metals made popular 2 days ago

Copper headed to the fourth consecutive weekly loss today as concerns about the situation in Europe continued to plague markets. Gold futures had their first advance in four day as central banks continued to buy the metal.  read more
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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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AUDUSD Update - Nial Fuller

posted by Avatar Nial-Fuller 2 days ago in AUD, Technical, Daily made popular 2 days ago

AUDUSD Update - Nial Fuller  read more
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AUD/USD refuses to stay below 0.9700

posted by Avatar ColdFire 2 days ago in AUD made popular 2 days ago

... down to record 2012 lows at 0.9690 Wednesday by mid NY, and up to yesterday's highs at 0.9813 by early NY, AUD/USD stays at the exact same spot where it was back on Wednesday by Tokyo open, that is, last at 0.9766, and same with gold, now at $1558.  read more
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Flash: NZD/USD may see 0.78 before an attack to 0.73 - Westpac

posted by Avatar jed 2 days ago in NZD made popular 2 days ago

The NZ economy remains sluggish, providing little offset to the Eurozone crisis and China's slowdown." The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.  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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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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ForexLive: Oil Higher As Nuclear Talks Stumble

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

Recent lower oil prices is one of the few positive factors for global growth in the past month. A breakdown in talks would burn risk assets....more.  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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ForexLive: GBP/USD Looks To Extend Higher

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

The GBPUSD has been trading predominantly between the 1.5673 and 1.5700 level. The price is looking to extend the upside with the next targets at 1.57167 and 1.57415 (38.2 and 50% retracements). The 1.57415 was a floor area from earlier in the w  read more
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Euro Bears Ride the Downtrend as Greek Hopes Fade

posted by Avatar eToro 3 days ago in EUR, Fundamental, Daily made popular 2 days ago

With the market’s focus almost entirely on the growing possibility of a disorderly Greek exit from the Eurozone, mixed data from Germany couldn’t help dissuade bearish sentiment. The German Statistics Office reported earlier that 1st quarter GDP,  read more