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USD/CAD Trading at Resistance Area Around 1.03

posted by Avatar FXTimes 2 days ago in USD, CAD, Technical made popular 2 days ago

The USD/CAD indeed pushed to the 1.03 level after breaking above the 1.0050-1.0060 resistance. The 1.0280-1.0315 area represent resistance pivots back in January 2012, with 1.0315 being the 2012 high. Although this resistance area sent the market read more
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USDJPY Moving Above 100 Hour MA

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

The USDJPY is moving above the 100 hour MA at the 79.45 level. The next target comes i at the 79.559 and then the 79.669. The 100 hour MA comes in at 79.72. BOJ Shirakawas said this morning that the BOJ will conduct powerful monetary easing....m read more
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Better Data Boosts Risk Appetite, Sending US Dollar Lower

posted by Avatar MMarquit 2 days ago in USD made popular 2 days ago

US dollar is moving lower right now, thanks to improved risk appetite. Most of that risk appetite is coming from enthusiasm over better data in the United States. Improvements to the US economy are helping high beta currencies, even after continu read more
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Private equity shops buy Global Blue for 1 bln eur

posted by Avatar provision 2 days ago in all made popular 2 days ago

Headquartered in Nyon, Switzerland, Global Blue's tax-free shopping business helps overseas travellers into Europe reclaim sales tax on their shopping and offers its service through more than 270000 retail locations worldwide. read more
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EUR/USD Shows Signs of Consolidation; Needs to Break 1.26

posted by Avatar FXTimes 2 days ago in USD, EUR, Technical made popular 2 days ago

The EUR/USD made a fresh low during the European session after manufacturing data out of the eurozone showed a sharper contraction in May than forecast. As we gear up for the US session, it remains above 1.25, and is developing a bullish divergen read more
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Euro/USD Declined Again on Wednesday –Daily Recap May 23

posted by Avatar lchammer 3 days ago in USD, EUR, JPY made popular 3 days ago

The Euro/USD continued its downward trend and tumbled down during yesterday’s trading. The recent EU Summit didn’t help rally the Euro. Furthermore, the Aussie dollar and other currencies such as the GBP also depreciated against the USD. The safe read more
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Markets Assess the Possibility of a Greek Exit from the EMU;

posted by Avatar spreadbetman 3 days ago in USD, JPY, Technical made popular 2 days ago

This month’s selling pressure in the Euro reared its head once again after news headlines cited various sources saying that preparations are being made to allow Greece to exit the European Monetary Union. Some of these news outlets were citing th read more
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Crude Oil Fundamental Analysis May 24, 2012, Forecast

posted by Avatar FXEmpire 3 days ago in Fundamental, Daily, Oil made popular 3 days ago

Analysis and Recommendations:

Crude Oil continues to decline falling by over 1.17 today to trade at 90.69.

Oil declined for a second day in New York after Iran agreed to grant access to United Nations nuclear inspectors and U.S. crude stock read more
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Malaysia-Market factors to watch May 24

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

... domestic demand firm > Rubber demand seen punctured by euro zone, China woes this year > Malaysia's Q1 C/A surplus fell to 18.1 bln rgt from Q4 22.4 bln rgt > TABLE-Malaysia's Q1 GDP grows 4.7 pct on year > Malaysia's Q1 GDP up 4.7 pct on year, ... read more
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Indian Market Trend Today

posted by Avatar commodity007 3 days ago in Technical made popular 3 days ago

Indian Market Trend Today :- Market strength have returned due to News of increase in Petrol prices However decline in international Markets and continued weakness in rupee is pressure on Indian Market. Today Sensex up 86 points to open at 16 034 read more
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EUR-USD prediction may 24 2012

posted by Avatar stockmarket 3 days ago in USD, EUR, Technical made popular 3 days ago

EUR/USD continues to get cheaper this year, following an intangible EU summit. The pair, plagued with an enormous bearish sentiment on growing 'Grexit' prospects, read more
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NZD/USD edges higher on mild profit taking

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

Dealers report some modest demand for NZD/USD this morning and that is washing over into the AUD/USD and EUR/USD, which are edging higher alongside. There is some modest resistance nearby in the NZD/USD at .7525 and initial support is at the overnight ... read more