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EUR/GBP Fundamental Analysis May 24, 2012, Forecast

posted by Avatar FXEmpire 3 days ago in EUR, GBP, Fundamental made popular 3 days ago

Analysis and Recommendations:
The EUR/GBP declined to 0.8007 from the opening at 0.8048 as the euro continued to lose strength, even with negative eco data in the UK and the IMF forewarning, the euro could not hold against the sterling.

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Australian Stock Market Report Midday 5/24/2012

posted by Avatar yosoybeloved 3 days ago in USD, EUR, JPY, CAD, AUD, Commodities made popular 3 days ago

Metal prices on the London Metals Exchange (LME) fell dramatically with copper touching a new 4 month low, but today our leading miners are higher in early trade. Big name miners; Rio Tinto Limited's (RIO) added 0.09% to $56.33 as BHP Billiton Limited ... read more
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Binary Options Daily Setup May 24th 2012

posted by Avatar bocrunch 3 days ago in USD, Daily, Employment made popular 3 days ago

Today, Thursday, May 24th produces 8 new trading events. These events provide excellent trading opportunities for binary options traders. The U.S. U.S. Unemployment Claims today, will probably have an effect on the USD/JPY. read more
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USD Rally May Defy Market Expectations, AUD Struggles To Find Support

posted by Avatar newsinabox 3 days ago in USD, EUR, CAD made popular 3 days ago

By Doug Kass The Dow Jones-FXCM US Dollar Index (Ticker: USDollar ) is 0.38 percent higher from the open after moving 94 percent of its average true range, and the greenback may continue to appreciate against its major counterparts as market ... read more
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Daily Chart Art - May 23, 2012

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

Whether you fancy the majors, the cross-currency pairs, or the comdolls, I have em' all in today's chart art! 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
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Singapore Dollar Could Get Boost From Inflation Data

posted by Avatar forexalliancecom 3 days ago in USD, Fundamental, Inflation made popular 3 days ago

According to the Department of Statistics in Singapore, consumer price inflation remained at an elevated level in April, rising by 5.4% on a year over year basis and compounding the 5.2% rate seen in March. The figure gained above the 5.2% estim read more
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USD Index (USDX) Pushes Above 2012 High; 83.60 In Sight

posted by Avatar FXTimes 3 days ago in USD, Technical, Daily made popular 3 days ago

Risk aversion continues a firm grip on the markets and the USD continues to gain from safe haven flow. After consolidating briefing below 82.00, the USDX pushes above this resistance and 2012 high and is at the highest level sine September 2010. read more
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Euro Tanks as Greece Exit Considered More Likely

posted by Avatar MMarquit 3 days ago in EUR made popular 3 days ago

Euro is tanking today, heading lower as speculation about a Greek exit of the eurozone increases. Indeed, some think that there is a real threat for Greek withdrawal — and that such a withdrawal could prompt a domino effect that includes Spain an read more
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Wednesday Outlook 05-23-12

posted by Avatar Boston4X 3 days ago in USD, Fundamental, Sentiment made popular 3 days ago

The SPX 500 sits about 9 points lower from Tuesday’s close on the S&P 500 (as of 7:55am ET). There was talk read more
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Safe to Sell EUR in the Hole?

posted by Avatar shen 3 days ago in EUR, GBP made popular 3 days ago

The steep decline highlights the ongoing squeeze faced by UK consumers as they struggle with high inflation and subdued earnings growth in a technical recession. The EUR/GBP short remains in play with the recent technical bounce being overdone. read more
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USD/JPY Forecast May 23, 2012, Technical Analysis

posted by Avatar FXEmpire 4 days ago in USD, JPY, Technical made popular 3 days ago

The USD/JPY pair had a bullish day on Tuesday as the world awaits the result of the Bank of Japan’s meeting. The pair slammed into the 80 level again, and there were plenty of offers there to keep prices under wraps. The meeting could produce fir read more