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ForexLive Asian market open: AUD and NZD starting to recover some ground

posted by Avatar Jason65 5 days ago in NZD made popular 5 days ago

By Sean Lee || May 21, 2012 at 21:03 GMT NZD/USD rallied almost 2% off its overnight lows and those of you who like inverted Head-and-Shoulders formations should have a close look at your hourly charts. The clean break back above .7620 has confirmed ... read more
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USD/JPY tests 79.40

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

The Dollar has been moving in range against the Yen between 79.20 and 79.40 throughout the American session after rising from 79.10 intra-day low to reach daily high at 79.45 in the European morning. 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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GBP/USD still capped by 1.5840

posted by Avatar LosingGain 5 days ago in USD made popular 5 days ago

After sliding to a daily low of 1.5780 ahead of the Wall Street opening, GBP/USD managed to bounce and rose back above the 1.5800 mark, although it lacked momentum and continues to trade inside today's range. 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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Improved Swiss Consumer Confidence Fails To Move Franc

posted by Avatar post-it 5 days ago in CHF made popular 5 days ago

The SECO consumer confidence index is based on a survey of approximately 1100 households on their outlook in four key economic areas for the next year. The values are the difference between the number of positive responses versus negative. USD/CHF took ... 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
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AUD/USD, hard time finding bids; 0.9800 tested ahead of Tokyo

posted by Avatar realtrade 6 days ago in AUD made popular 6 days ago

The offerless AUD/USD pair continues to follow its merciless course to lower ground ahead of the Tokyo open at the top of the hour. After kicking off around 0.9840, the sport rate has been sliding quite consistently over the ... read more
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A mining boom cut-off is coming

posted by Avatar recessionfear 6 days ago in AUD made popular 6 days ago

Let me detail why it is happening, reveal some of the projects in the front line of curtailment plus those likely to proceed and finally make a first attempt of projecting what it means to the Australian economy. Current mining investment is running in ... read more
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Forex Resistance Pivot Points Support 05/21/2012

posted by Avatar goldsam 6 days ago in USD, Technical, Daily made popular 6 days ago

Daily Forex Resistance Pivot Points Support 05/21/2012 read more
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Gold prices in Vietnam

posted by Avatar lazybug 6 days ago in Commodities made popular 6 days ago

In addition, news of the US JP Morgan Chase's (NYSE:JPM) huge loss of US$2-B worsened the global Gold market. Many investors sold out gold and stored their assets in cash and USD for safe, reported the Wall Street Journal, quoting an analyst from the ... read more