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Is USDCAD Revving Up for Another Move Down?

posted by Avatar Buruguduy 724 days ago in USD, CAD made popular 724 days ago

Oh my! Is that a juicy bearish pennant I see forming on the one-hour? Why yes it is!  read more
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Swiss retail sales up in Apr; consumption still strong

posted by Avatar krissylinne 724 days ago in CHF made popular 724 days ago

Swiss retail sales rose by a real 1.3 percent in April versus a year earlier, a further sign that consumers, who helped support the economy through the downturn, remain willing to open their wallets.  read more
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Australia’s Q1 growth moderates

posted by Avatar sora 724 days ago in AUD, GDP made popular 724 days ago

Australia’s economic growth moderated last quarter as higher interest rates and the end of tax breaks proved a headwind, though surging export prices look set to re-energise activity as the year progresses.  read more
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NZD Nears Two-Week High on Rates; Aussie Bonds Fall

posted by Avatar camac 724 days ago in AUD, NZD, Inflation made popular 724 days ago

The New Zealand dollar traded within 1 U.S. cent of its strongest since May 20 as speculation its central bank will raise interest rates from a record low next week boosted demand for the nation’s assets.  read more
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The Pound to Turn South Again?

posted by Avatar lytman02 724 days ago in JPY, GBP, Daily made popular 724 days ago

Good day forex friends! On today’s chart spotlight is the daily time frame of the guppy (GBPJPY). As you can see, buyers have bought up the British pound after it had fallen to a low of 126.731 against the Japanese yen. The pair has since retrace  read more
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Bull Market for Gold and Silver

posted by Avatar GoldTatoo 724 days ago in Gold, Metals, GDP made popular 724 days ago

Much of the growth was predicated on debt. We borrowed about one-tenth of our GDP to boost things along and got some growth out of it. The problem, now reflected in the markets, is that investors and traders wonder if we're going to keep borrowin  read more
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Dollar Firms Up 06-01-2010

posted by Avatar Centralian 724 days ago in USD, Fundamental made popular 724 days ago

The Dollar firmed up and bounced late in the day and the remaining currencies began a late day slide.  read more
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US dollar drops to below 19,000 dong

posted by Avatar vhinz316 725 days ago in USD made popular 725 days ago

The domestic gold price on June 1 recovered after the world gold price increased slightly while the FX rate in the free market fell to below 19,000 dong per US dollar, lower than the FX rate at banks.  read more
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VNChanger - Forex signals 50 pips daily !

posted by Avatar vnchanger 725 days ago in GBP, Technical, Daily made popular 725 days ago

Daily Signals - Wednesday, 02 Jun - 2010 6: 30 AM
EUR/USD
Trend: Downward
Sell EUR/USD at 1.2203 SL 1.2243 TP 1.2173

GBP/USD
Trend: Downward
Sell GBP/USD at 1.4714 SL 1.4754 TP 1.4684  read more
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Yen weakens as Japan leader resigns

posted by Avatar annie 725 days ago in JPY made popular 725 days ago

The Japanese yen edged lower against both the U.S. dollar and euro Wednesday afternoon in Asia, pressured as currencies traders pored over news of Prime Minister Yukio Hatoyama's resignation.  read more
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GDP growth in line with forecasts

posted by Avatar chezka 725 days ago in AUD, GDP, Inflation made popular 725 days ago

Australia's economy expanded in line with market forecasts in the March quarter but the expected boost from rising prices for the nation's exports would prompt the central bank to lift interest rates later in 2010, economists say.  read more
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Waiting for the Cable Bears to Growl

posted by Avatar jonell 725 days ago in USD, GBP, Daily made popular 725 days ago

I know Pipcrawler has a short GBPUSD trade on, but the setup is just too good to ignore. Besides, I'm going to play it just a little bit differently. As you can see, I have setup my Fibs on the daily chart. Using the most recent swing high and l  read more