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Have the Bears Taken the Euro Low Enough?

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

The European debt mess continues to evolve, and perhaps there is a lot more to the down side, but the trade is lined up very short. A bullish surprise might jolt the market.  read more
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USD/CAD Forecast May 24, 2012, Technical Analysis

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

The USD/CAD pair rose for much of the session as the “risk off” attitude continues to plague the markets in general. Adding to the bullish pressure is the fact that the oil markets fell, and this in turn hurt the Loonie. The end of the day saw a  read more
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Commodity Prices — May 23rd 2012

posted by Avatar commodityblog 3 days ago in Gold, Oil, Metals made popular 3 days ago

Commodity prices for May 23rd 2012.  read more
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Countertrend Play on EUR/GBP

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

After dropping all the way back down to set a low at .7950, EUR/GBP has recovered over the past few trading days and even filled that massive gap from a couple weeks back. Are the bulls gearing up for a major comeback?  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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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
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NZD/USD Forecast May 23, 2012, Technical Analysis

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

The NZD/USD pair fell hard during the session on Tuesday as European fears continue to haunt the markets. In late New York trading, former Prime Minister of Greece Papademos suggested that a Greek exit from the European Union was a very real risk  read more
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Light Sweet Crude Forecast May 23, 2012, Technical Analysis

posted by Avatar FXEmpire 4 days ago in Technical, Daily, Oil made popular 4 days ago

The Light Sweet Crude markets fell again during the session on Tuesday as the bearish pressure is simply far too strong to get a significant rally at the moment. The market is certainly one that is going to suffer from the lack of risk appetite.  read more
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Natural Gas Prices May 23, 2012, Technical

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

The natural gas markets rose a bit during the session on Tuesday, further consolidating around the current level at $2.60 or so. The $2.60 level does look like support, and as a result this isn’t a big surprise. We prefer selling natural gas at t  read more
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EUR/GBP Fundamental Analysis May 23, 2012, Forecast

posted by Avatar FXEmpire 4 days ago in EUR, GBP, Fundamental made popular 3 days ago

Analysis and Recommendations:
The EUR/GBP opened trading at 0.8094 and declined to 0.8072 as the euro continued to fall against most of its partners.

There was little in the way of eco data from Europe and some disappointing numbers in the U  read more
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USD/CAD Fundamental Analysis May 23, 2012, Forecast

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

Analysis and Recommendations:
The USD/CAD saw the USD continue to strengthen trading at 1.0191.

As markets continue to worry about Europe and the possible contagion and overflow from Greece, risk aversion continues to control investor’s moves  read more