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Forex Outlook for 05/22/2012

posted by Avatar goldsam 5 days ago in USD, GBP, NZD made popular 5 days ago

It is big events for forex market May 22, 2012. read more
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EUR/AUD below key resistance 1.3000, holds above 1.2900

posted by Avatar inflationcoming 5 days ago in EUR made popular 5 days ago

High-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, ... read more
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Euro Rebounds from Pin Bar Setup, Oversold Re-Positioning

posted by Avatar Chris-Capre 5 days ago in EUR, Technical, Daily made popular 5 days ago

Euro Rebounds from Pin Bar Setup, Oversold Re-Positioning read more
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SGD best in turbulent times, INR most at risk

posted by Avatar Gimmy 5 days ago in NZD made popular 5 days ago

"NZD/USD could see a technical bounce towards 0.77 but thereafter should print new YTD lows. We are short EUR vs USD and CAD, with bold steps from European policymakers not appearing imminent. Target 1.2625 in EUR/USD and 1.2460 in EUR/CAD. read more
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Best Forex Trading System Contest for May: One Week Left!

posted by Avatar EJSuratos 5 days ago in Monthly, Special made popular 5 days ago

In just one week, the voting for the Best Forex Trading System for May 2012 will begin. As such, I wanted to remind you only have a few days to submit. read more
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Quick spike in thin USD/CAD market

posted by Avatar BhadrakshRocks 5 days ago in CAD made popular 5 days ago

Trade and learn with Richard Olsen, David Pegler, Walter Peters, Ed Ponsi, Steve Ward and Ron William. Monitor the markets with our customizable FX studies. Note: All information on this page is subject to change. The use of this website constitutes ... read more
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EUR/USD Technical Outlook – May 21st

posted by Avatar forexalliancecom 5 days ago in EUR, Technical, Daily made popular 5 days ago

The Euro continues to find supportive momentum stemming from last Friday’s bounce off of support at 1.2650. The barrier has allowed the single currency to gain by as much as 130 pips against the US dollar. However, the currency’s ascent may be read more
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Mexican Peso Profits from Promise of Faster Growth in China

posted by Avatar commodityblog 5 days ago in USD, Fundamental, Daily made popular 5 days ago

The Mexican peso advanced today as China pledged to boost its economic growth, reducing the negative impact of the crisis in Europe and increasing demand for riskier currencies with higher yield. read more
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US Dollar Index off session highs

posted by Avatar posh 5 days ago in USD, CHF made popular 5 days ago

... EUR -0.06%, GBP -0.04%, NZD +0.37%, CAD -0.06% CHF +0.04% and JPY +0.32%. Wall St. is up 0.86% at 12437 pts. and S&P500 is advancing 1.03% at 1303 pts. WTI is gaining 1.30% at $92.38/bbl and Gold is up 0.19% at $1594/oz Trading foreign exchange on ... read more
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AUDUSD Test Channel Resistance Line

posted by Avatar ejc 5 days ago in AUD, Technical, Daily made popular 5 days ago

The AUDUSD has a defined lower trend line where the price tested on a number of times in trading over the last 6 or so trading days. The price has consolidated since the low on Friday, and the sideways action has pushed the price toward a test of read more
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USDCAD Quickly Rejects The New High

posted by Avatar ejc 5 days ago in CAD, Technical, Daily made popular 5 days ago

The USDCAD moved to a new high going back to January 16th 2012 and in the processs moved above the 50% of the move down from the 2011 high (reached in October at the 1.06559). That level comes in at 1.02272 and the high extended to 1.02445....mor read more
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Probability Literacy Among Forex Traders

posted by Avatar topforexnews 5 days ago in Special, Trading Psychology made popular 5 days ago

Are you a probability literate person? Poll. read more