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Silver Forecast May 24, 2012, Technical Analysis

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

The silver markets fell for much of the Wednesday session as the Dollar continued to climb for the day. However, the later hours of US trading suddenly felt bullish of risk appetite, and as a result the silver market recovered a bit to form a ham  read more
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Euro Hits Near 2-Yr Low, Grexit Fears Persist - Chris Capre

posted by Avatar Chris-Capre 3 days ago in USD, Technical, Daily made popular 3 days ago

Euro Hits Near 2-Yr Low, Grexit Fears Persist - Chris Capre  read more
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Forex order entry can be tricky, here's a live video of...

posted by Avatar EJSuratos 3 days ago in Special made popular 3 days ago

All the charthacking in the world - without the proper order entry plan - is never going to make any of your trading plans an actionable reality. And yet, it's often the order entry aspect of an entry or management that remains UNdiscussed.  read more
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Cowabunga System Daily Update: Wednesday, 05/23/2012

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

Today was a good day with an interesting trade. You'll definitely want to check it out as I was able to grab a nice 35 pips! See how it all went down in today's Cowabunga Surf Report.  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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ForexLive: GBPUSD Eyes Resistance At The 1.5739/41 Today

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

The GBPUSD fell sharply on worse than expected Retail Sales but has rallied back higher since bottoming at channel support (putting in a bottom parellel line often provide a border line to take profit in a fast moving market).....more.  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: Trading the British GDP

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

The British Gross Domestic Product (GDP) provides a measurement of the production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity. A reading which is higher than the market forecast is bulli  read more
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EUR/USD - Can the EU Summit Ease Market Jitters?

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

The euro continues to slide, as the currency has dropped to levels not seen since August 2010. With the EU Summit underway, the markets will be hoping that there are some tangible results and not just handshakes and hugs. The leaders will need to  read more
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Gold Prices May 23, 2012, Technical

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

The gold markets fell on Tuesday, triggering a sell position at the bottom of the previous day’s small shooting star. While we didn’t take the trade, there is a case to be made for it. We are waiting until the $1,500 level gives way to become agg  read more
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EUR/CHF Fundamental Analysis May 23, 2012, Forecast

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

Analysis and Recommendations:
The EUR/CHF remains deadlocked at 1.2010. As markets continue in risk aversion mode, the euro continues to decline against most of its partners, but the SNB floor at 1.20 keeps the pair locked in the same small trad  read more
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EUR/USD Fundamental Analysis May 23, 2012, Forecast

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

Analysis and Recommendations:

The EUR/USD continued to fall in today’s session. At present the euro is bringing 1.2734

Once again, it has been a fairly light day for eco data, so new flow controlled markets, news has also been mixed as the  read more