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USD/JPY Forecast for the Week of May 21, 2012, Technical Ana

posted by FXEmpire 7 days ago in USD, JPY, Technical made popular 6 days ago

The USD/JPY pair initially rose during the week as the hammer from the previous week got triggered to the upside. This was a buy signal to most traders, but the later action in the week saw this pair fall apart. The fact that the end of the week

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EUR/GBP Fundamental Analysis May 21, 2012, Forecast

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

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Eurozone steps closer to the edge

posted by aaron 7 days ago in EUR made popular 7 days ago

That is roughly equivalent to the loss faced by Citibank at the peak of the financial crisis in 2009; however Greece's economy is the equivalent of 0.3% of the US economy, which puts things into perspective. In Spain the problem is even more complex.

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GBP/USD Weekly Fundamental Analysis May 21-25, 2012, Forecast

posted by moneymatters 7 days ago in USD made popular 7 days ago

This pair makes for good trades, with the new austerity program implemented in the UK, the GBP is moving more on Fundamentals now. The GBP/USD fell to new recent lows ending the week at 1.5798. With turmoil in Greece and the down grade of Spanish banks ...

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3 Ways to Expand Your Trading Skills

posted by EJSuratos 8 days ago in Trading Psychology made popular 8 days ago

Being good at a particular trading strategy could help you grow your account. However, you shouldn't be satisfied in being an expert at one approach. Here are three ways to help you diversify your trading strategies

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Canadian Dollar Advances Against Most Majors After CPI Data

posted by tsukasa 8 days ago in USD, EUR, JPY, CAD made popular 8 days ago

The Canadian dollar climbed against most major counterparts on Friday after the release of country's higher-than-expected inflation data for April. Statistics Canada said consumer prices rose 2.0 percent in the 12 months to April, ...

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ForexLive: The GBP/USD Wanders Back Down

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

The GBPUSD moved above the 100 and 200 day MA at 1.5826/1.5822 but could no sustain the momentum. The price was trying to hold above the 100 bar MA but that level has given way on the 5 minute chart (see above)....more.

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Natural Gas Fundamental Analysis May 18, 2012, Forecast

posted by FXEmpire 8 days ago in Fundamental, Daily, Agriculture made popular 8 days ago

Natural Gas fell 0.080 to trade at 2.538 as investors enjoyed a bit of profit taking.

Today’s inventory reports stated:

Working gas in storage was 2,667 Bcf as of Friday, May 11, 2012, according to EIA estimates. This represents a net incre

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Crude Oil Fundamental Analysis May 18, 2012, Forecast

posted by FXEmpire 8 days ago in Fundamental, Daily, Oil made popular 8 days ago

Crude Oil continued to decline trading at 92.28. OPEC continues to produce more than required supplies, helping make sure that there are no shortages or possibility of shortages, therefore intentionally creating a world glut, also with several st

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USD/CAD Forecast May 18, 2012, Technical Analysis

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

USD/CAD shot straight up during the Thursday session as the “risk off” trade continued. The oil markets still look weak, but they are starting to stabilize just slightly. This pair hasn’t shown signs of slowing down, and it now should be obvious

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Friday Forex Forecast For AUD/USD, EUR/USD And USD/CAD

posted by Shawn 8 days ago in EUR, Economic Indicators made popular 8 days ago

Bad news all around in the markets yesterday with the US Philadelphia Fed Manufacturing Index dropping sharply to -5.4 to knock the S&P 500 down nearly 1-1/2% and continue the current string of bearish US data. The bad news in the US and the continued ...

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ForexLive: USD/CAD Breaks Back Below Channel Trend Line

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

The USDCAD is back into the channel after accelerating the trend higher on the move above topside trend line yesterday afternoon (see red area) and into the Asian session today (highest level reached since January 16th)...more.

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