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MCX Copper Update, MCX Crude Oil Update, MCX Gold Silver Ti

posted by Avatar mmfssbm 3 days ago in Technical, Fundamental, Gold made popular 3 days ago

Today all base metals are green mode. Copper is showing sell position but copper above 445 than buy with stop loss 415. Copper is showing sell signal for short term.
Resistance 429-430-432
Support -422. read more
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Forex Outlook for 05/24/2012

posted by Avatar goldsam 3 days ago in USD, Fundamental, Daily

It is big events for forex market May 22, 2012 read more
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The Dollar Oil Price Threat Will Hurry Gold's Role in the System

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

That 'vital interest' is not simply involving an attempt to prevent Iran from developing nuclear arms (remember the threat from Iraq's Weapons of Mass Destruction) but include the use of the USD as the sole currency in which oil is traded and priced. read more
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C$ skids to 4-month low on Europe fears

posted by Avatar alexandria 3 days ago in all made popular 3 days ago

The Canadian dollar skidded to its lowest level in more than four months against its US counterpart on Wednesday in tandem with the euro, global equity and commodity markets as investors worried about Greece's possible exit from ... read more
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BoE Split On QE; Miles Calls For More Stimulus, Minutes Show

posted by Avatar tradingpip 3 days ago in USD, GBP, CAD made popular 3 days ago

David Miles was the sole member of the Bank of England's Monetary Policy Committee to seek more stimulus for the economy at the May meeting, although many members felt that the decision not to beef up the quantitative easing was 'finely ... read more
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Daily Technical Strategist: EURUSD

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

EURUSD: Having reversed its corrective recovery, the pair is on the verge of resuming its broader weakness. read more
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NSE BSE TIPS TREND for TODAY

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

Nifty and sensex market is closed in red. The downfall of nifty and sensex is expected on more divergent basis. read more
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Bank of Japan Inaction Helps Yen

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

The Bank of Japan decided against taking any more action to ease at this time, and that is helping the Japanese yen. Forex traders had been expecting the Bank of Japan to ease further, in an attempt to keep the yen weak, but the BOJ offered somet read more
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ENERGY MARKETS REPORT INCLUDING: ExxonMobil is to farm out several oil and gas ...

posted by Avatar dennis 3 days ago in GBP made popular 3 days ago

The Cove board has recommended a new cash takeover offer from Thailand's PTTEP, which has surpassed the previously recommended Shell bid by 9.1% or GBP 0.20 per share. ExxonMobil is to farm out several oil and gas blocks in Indonesia as their output ... read more
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GBP/USD Forecast May 23, 2012, Technical Analysis

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

The GBP/USD pair fell hard during the Tuesday session as the recent hammer from the Friday session is being tested for support. The breaking of the 1.5700 level would be a signal for us to sell this market, and we do prefer it as the risks are nu read more
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AUD/USD Forecast May 23, 2012, Technical Analysis

posted by Avatar FXEmpire 4 days ago in USD, AUD, Technical

The AUD/USD pair fell on Tuesday as the fears over Europe continue. The former Prime Minister of Greece, Mr. Papademos suggested that the exit risk of Greece out of the European Union was a real threat, and risk related assets fell as a result. T read more
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USD/CAD Forecast May 23, 2012, Technical Analysis

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

The USD/CAD pair had a bullish session for Tuesday as the bounce recaptured much of what was lost on Monday. The oil markets fell again, and this certainly helped the rise in this pair. The Dollar is currently being bought against most other curr read more