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Oil prices to rebound on tight inventories and Iran risk

posted by Avatar materialsrisk 5 days ago in Fundamental, Oil made popular 5 days ago

Renewed sabre rattling, a tightening in sanctions and a draw down in crude oil inventories could see oil rebound very soon. read more
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Australian Dollar Outlook - 05/22/2012

posted by Avatar Louis 5 days ago in USD, EUR, JPY, GBP, CAD, AUD made popular 4 days ago

Oil finished slightly higher commitment to growth. There are no economic events scheduled for Australia. China's PMI for May is due which will be closely studied. It to gain traction. The OECD releases its semi-annual Economic Outlook Europe. read more
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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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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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EUR/USD Fundamental Analysis May 22, 2012, Forecast

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

The EUR/USD is trading at 1.2769 down 0.0010 in a relatively quiet day. There was virtually no eco data around the world today and the political turmoil was fairly quiet. Last week markets seemed to factor in Greece leaving the euro one way or another. read more
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Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD

posted by Avatar forexanalysis 5 days ago in EUR, NZD made popular 5 days ago

The USD does, however, remain towards the top of its recent broad ranges with investors still concerned over a possible Greek exit from the Eurozone, slowing global economic growth, and the brewing political battle over the US budget. 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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USD/CAD touches 4-month high

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

As investors remain cautious over the European crisis and the global economy, the Greenback continues to gain ground versus higher-yielding currencies. Extending its rally into a sixth trading day, the Dollar broke marginally ... 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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Daily Technical Strategist: USDCAD

posted by Avatar FXTechstrategy 5 days ago in USD, Technical, Daily made popular 5 days ago

USDCAD: With USDCAD building up on its upside offensive the past week and maintaining its bullish bias, there risk of further strengthen towards the 1.0250 level. read more
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EUR/USD Climbs Back Above 1.28 After Reaching All-Time EUR-S

posted by Avatar FXTimes 6 days ago in USD, EUR, Technical made popular 6 days ago

The EUR/USD found some support from the 1.2625-1.2660 area. The 1H chart shows a market rallying above a declining channel that represented a slowdown of the fall as it was formed with an extended bullish divergence. We broke above this on Friday read more