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GBP/USD Outlook May 21- 25

posted by Avatar forexcrunch 6 days ago in USD, GBP made popular 6 days ago

The surging US dollar pummelled the British pound this week, as GBP/USD lost around 260 pips, closing just above the 1.58 line, at 1.5807. The upcoming week is very busy with 10 releases, including CPI and Retail Sales. Here is an outlook for the  read more
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GBP/USD weekly outlook: May 21 - 25

posted by Avatar RogerTerr 6 days ago in USD made popular 6 days ago

By Forexpros | Forex News | May 20, 2012 02:30PM GMT | Add a Comment Forexpros - The pound pulled back from a two-month low against the US dollar on Friday, paring back some of the week's losses as concerns over the debt crisis in the euro zone eased.  read more
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Gold and Silver Weekly Outlook for May 21-25

posted by Avatar liorcohen 6 days ago in USD, Weekly, Gold made popular 6 days ago

Last week gold and silver prices changed direction from a downward trend to a sudden steep increase on Thursday and Friday. Could this mean there is some fundamental shift in the bullion market that warrants such a shift?  read more
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Oil Prices – Weekly Recap 14-18 May

posted by Avatar liorcohen 6 days ago in Fundamental, Weekly, Oil made popular 6 days ago

Crude oil prices continued their downward trend as both Brent and WTI were traded down during most of the week. The disappointing news of the drop in the Philly Fed index may have been among the factors to drag down oil prices. developments in th  read more
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Bangladesh discovers 137 mn barrels of oil

posted by Avatar LadyGodiva 6 days ago in Commodities

Dhaka: The Bangladesh Oil, Gas and Mineral Corporation - popularly known as Petrobangla - Sunday announced the discovery of 137 million barrels of oil in two old gas fields in the country's northeastern Sylhet district. Petrobangla estimated that there ...  read more
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Weekly Technical Strategist: EURUSD

posted by Avatar FXTechstrategy 6 days ago in EUR, Technical, Weekly made popular 6 days ago

EURUSD: The broader risk continues to point lower despite its Friday recovery. With that said, we see risk targeting the 1.2640/20 levels.  read more
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ZuluTrade Review Progress 20 May 12

posted by Avatar thegeekknows 6 days ago in USD, Sentiment, Weekly made popular 6 days ago

Get the weekly review on the performance of the current selected signal providers in this ongoing live test of the ZuluTrade forex signal service. 462 pips gained and counting :) !  read more
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EUR/GBP Fundamental Analysis May 21, 2012, Forecast

posted by Avatar FXEmpire 7 days ago in EUR, GBP, Fundamental made popular 6 days ago

Analysis and Recommendations:

The EUR/GBP closed out the week at 0.8063 up .0025 pips. The pair seesawed most of the day, as investors had little to trade on, no eco data and virtually no news, it seems that all the world was focused on Facebo  read more
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ForexLive: EUR/USD Ending on the Positive Side of the Fence

posted by Avatar ejc 8 days ago in EUR, Technical, Daily made popular 8 days ago

The EURUSD is closing the week on the positive side of the fence. On the chart above the price moved higher on (I guess) comments from EU leaders (Monti/Hollande). The power of some well chosen words can do wonders on a Friday afternoon....more.  read more
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Gold & Silver Rally for Second Day, Crude Oil Extends Losses

posted by Avatar commodityblog 8 days ago in Gold, Oil, Metals made popular 8 days ago

Gold and silver climbed on speculation that the Federal Reserve would stimulate the economy. Crude oil extended its losses as concerns that the US economy is slowing added to worries about the situation in the European Union.  read more
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NZD/USD Forecast May 18, 2012, Technical Analysis

posted by Avatar FXEmpire 8 days ago in USD, NZD, Technical made popular 8 days ago

The NZD/USD pair fell hard for the session on Thursday, only to stop right at the bottom of the hammer to set up an interesting Friday session. The pair looks very vulnerable, and the risk appetite is rapidly disappearing around the world. This w  read more
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Barchart Morning Call

posted by Avatar Jason65 8 days ago in EUR made popular 8 days ago

Commodity prices are mostly higher with crude oil up 14 cents (+0.15%), gold up $15.6 (+0.99%), and copper up 3.3 cents (+0.93%). Commodities trading lower include gasoline, soybeans and sugar. European stocks are moderately lower again with the Euro ...  read more