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Gold (XAU/USD): Entry 06:00 EST - Sell Signal
For each trade I have a 5 Dollar Stop Loss and a 5 Dollar Take Profit. That means that my strategy is profitable if more than 50 percent of my trades will win. On my account I risk for each trade LESS THAN ONE PERCENT. That means I need to have at ...
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Euro drops after French bond auction
The euro fell to $1.2836 against the dollar and was also lower against the UK pound and Japanese yen. France paid an interest rate of 3.29% to borrow for 10 years, up from 3.18% at the last sale in December. Many investors fear that France is poised to ...
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Gold, Silver Climb on New Year Craving for Riskier Assets like Commodities
Gold might fell below 1500 USD during the Q-1 of 2012 and there is no possibility to assess its record high hit, last September, until late 2012, according to a poll. Spot gold climbed 1.5% to 1589.65 USD per ounce and eased a little to 1588.29 USD at ...
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Dollar mixed to higher as market sentiment wanes
The greenback was moderately lower against its Canadian but higher against its Australian and New Zealand cousins, with USD/CAD declining 0.16% to hit 1.0228, AUD/USD sliding 0.25% to hit 1.0067 and NZD/USD falling 0.28% to hit 0.7667. The dollar index ...
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GBP/USD Abiding by the Technicals...
Initially, Sterling traded higher against most of the majors as the release of the BoE's MPC minutes showed a unanimous 9-0 vote on both the 275B asset purchase target and 0.50% interest rate, however some BoE members said the economic outlook ...
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Dollar Falls on Reduced Haven Demand, Decoupling From Europe
France's GDP rose 0.3 percent from the second quarter, when it fell 0.1 percent, French statistics institute Insee in Paris said yesterday. It had previously reported a gain of 0.4 percent. The euro-area economy will probably fail to grow next year ...
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Positive Eurozone Report Softens Dollar
The US dollar is easing in the beginning of the week due to a more stable outlook in the Eurozone. The euro saw offers of $1.3150 and sterling pushed to $1.5630, while the Australian dollar sought parity. The yen started the week underperforming ...
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Singapore Stocks-May open up; SMRT, SIA in focus
----------------------MARKET SNAPSHOT @ 2357 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1215.75 0.32% 3.930 USD/JPY 77.86 -0.03% -0.020 10-YR US TSY YLD 1.9113 -- 0.000 SPOT GOLD 1573.39 0.24% 3.740 US CRUDE 93.58 -0.31% -0.290 DOW JONES ...
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FX AUD/USD: First to go after FOMC
AUD/USD break below 21 day MA at 1.0047 and will look to visit parity. Commercial orders will slow progress between 1.0040/00. More bids expected at 0.9980. Gold slips under $1660/oz support targeting $1617/oz 200 day MA. Get all of your FXstreet data ...
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ForexCT Market Insight 12/13/2011
DowJones +1.55%, S&P 500 +1.69% and Gold was sold going from around the 1750 mark into the weekend to rebound back to around 1715. A wild ride for the AUDUSD on Friday night as fresh selling out of Europe seemed to push the AUD through critical support ...
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EUR/USD plunges on French banks downgrade
You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with ...
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NZD/USD slightly higher after bearish outside day
At time of writing, NZD/USD is slightly higher, last quoted in the 0.7740 price zone. To the upside, resistance levels lie at 0.7760 (11 Oct low), 0.7800 and 0.7838, with support at 0.7685, 0.7652 and 0.7627. Trading foreign exchange on margin carries ...


