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EUR/USD - Eyes on EU Summit

posted by Avatar forexcrunch 5 days ago in USD, EUR made popular 4 days ago

With the euro and euro-zone struggling, the markets are anxiously hoping that Wednesday’s EU Summit will lead to some tangible results. Skeptics might argue that diplomatic protocol will be needed to ensure that it doesn’t become a Merkel-Holland read more
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GBP/USD Forecast May 22, 2012, Technical Analysis

posted by Avatar FXEmpire 5 days ago in USD, GBP, Technical made popular 5 days ago

The GBP/USD pair rose slightly during the Monday session as the 50% Fibonacci level continues to hold the market up. The hammer from the Friday session had us looking at a possible buy in this pair, but we never got the nice break above the highs read more
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EUR/GBP Fundamental Analysis May 22, 2012, Forecast

posted by Avatar FXEmpire 5 days ago in EUR, GBP, Fundamental made popular 4 days ago

Analysis and Recommendations:
The EUR/GBP opened the week at 0.8079 and climbed to 0.8086 moving in a very close range like most the currency markets today.

Today was void of major eco data and very little local or regional data, nothing to read more
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Indonesia - Market Factors to watch - May 22

posted by Avatar Ving 5 days ago in USD, EUR, JPY, CAD made popular 5 days ago

JAN-APRIL STEEL OUTPUT DOWN 50 PCT TO 1.5 MLN TONNES The Indonesian Iron & Steel Industry Association says domestic steel production from January to April reached 1.5 million tonnes, down 50 percent from 3 million tonnes in ... read more
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Trade Idea Central, Tuesday May 22nd

posted by Avatar likethewindmillsofanemptymind 5 days ago in Commodities, Economic Indicators made popular 5 days ago

Hi Dan, really not sure on short-term moves in Gold, but with risk sentiment improving then intraday bull strategy sounds like logical play. . my range long at 1.279 and seller at 1.285. EUR seems still weak to me. If it can not manage to break 1.2850 ... read more
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EUR/USD hits wall at 1.2793

posted by Avatar vinia 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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EUR/USD: Upward momentum to increase above 1.2820

posted by Avatar pipSyGirl 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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Gold ETFs Rebound Sharply from 10-Month Low

posted by Avatar moneymatters 5 days ago in Commodities made popular 5 days ago

An alternative scenario that involves a convincing solution to the Greek crisis will also likely benefit the gold price as EUR/USD rallies and gold follows. Until one of these two scenarios becomes clear, however, the gold price is likely to trade in a ... read more
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HLHB Weekly Update - May 21, 2012

posted by Avatar EJSuratos 5 days ago in USD, EUR, Weekly made popular 5 days ago

My HLHB Trend Catcher's performance this week wasn't as awesome as the previous one. But it's okay because something nice (hopefully) is going to happen in my life! 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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Euro Struggles in Forex Trading

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

Once again, the euro is struggling in Forex trading. It isn’t much of a surprise, really, since the eurozone is still operating in debt crisis mode. read more
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US wheat hits near 9-month top on supply concerns

posted by Avatar PipWatCher 6 days ago in USD, EUR, AUD, Commodities made popular 5 days ago

The US Department of Agriculture has been counting on an early winter wheat harvest to help cushion extremely tight supplies corn held over from last year's harvest. Wheat can be used to replace corn in animal feed. But the promise of a bumper US hard ... read more