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Forex Outlook for 05/21/2012

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

It is big events for forex market May 21, 2012. read more
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HP: WB to give USD 37 mn more

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

Shimla: The World Bank has agreed in principle to provide additional funding of USD 37 million (Rs.231.25 crore) for a watershed project in Himachal Pradesh, Chief Minister Prem Kumar Dhumal said on Sunday. The additional funding proposal has been ... read more
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USD/CAD weekly outlook: May 21 - 25

posted by Avatar Rick2 6 days ago in CAD made popular 6 days ago

... as ongoing concerns over the crisis in the euro zone overshadowed strong Canadian economic data. USD/CAD hit 1.0225 on Friday, the pair's highest since January 16; the pair subsequently consolidated at 1.0218 by close of trade, jumping 2.14% on the ... read more
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GBP/USD Fundamental Analysis May 21, 2012, Forecast

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

Analysis and Recommendations:
The GBP/USD held pretty steady today, closing at 1.5798. Most all currencies were quiet today with no eco data and little news it was actually a peaceful day. There isn’t much to report, but it seems unnatural.

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GBP/USD Forecast May 21, 2012, Technical Analysis

posted by Avatar doctorE 7 days ago in USD made popular 6 days ago

The GBP/USD pair has been viciously sold off over the last several sessions, but the Friday markets saw a bit of a reprieve. The daily candle closed to form a bullish hammer at the 1.58 vicinity, and the site of the 50% Fibonacci retracement level. read more
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The Most Common Fatal Investor Mistake - Part 2: GBP Pounds UK Investors

posted by Avatar provision 7 days ago in GBP made popular 7 days ago

If you think US investors have had a hard time over the past decades, those in the UK have really had to run hard up the rapidly descending escalator otherwise known as the British Pound. Recently I had some good news and bad news. read more
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Eurozone steps closer to the edge

posted by Avatar 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. read more
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Technical Analysis, May 21st — May 25th, 2012

posted by Avatar commodityblog 7 days ago in Technical, Gold, Oil made popular 7 days ago

The technical analysis, that includes the indicators’ data and major pivot points for Brent Oil, Gold, Silver and Copper as traded on spot market as of May 19th, 2012. read more
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NZD/USD Weekly Fundamental Analysis May 21-25, 2012, Forecast

posted by Avatar jobseeker 7 days ago in EUR, NZD made popular 7 days ago

This was also compounded by some surprising eco data, as retail sales fell below expectations. The overall market attitude this week was to shed all European equities and thus created huge strength for the USD, which mounting unrivalled pressure on the ... read more
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EUR/GBP Weekly Fundamental Analysis May 21-25, 2012, Forecast

posted by Avatar forexbaby 8 days ago in EUR

There was increased concern surrounding the UK economy, especially given the threats to the European outlook. Risk conditions will remain an important focus and an increase in fear pushed the Pound lower against the Dollar again over-night. read more
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Natural Gas Fundamental Analysis May 18, 2012, Forecast

posted by Avatar 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 read more
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EUR/USD Slow-Rolling Into Support Area Above 1.2625

posted by Avatar FXTimes 8 days ago in USD, EUR, Technical made popular 8 days ago

The EUR/USD has continued to make lower lows but has slowed the decline considerably as we end the week. The 1H chart shows an extended bullish divergence that corresponds to price action in a slightly downwards channel. As we get into the 5/18 U read more