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NZD/USD-Subdued start after week's heavy losses

posted by Avatar yen2yen 6 days ago in NZD made popular 6 days ago

Trade and learn with Richard Olsen, David Pegler, Walter Peters, Ed Ponsi, Steve Ward and Ron William. Monitor the markets with our customizable FX studies. Note: All information on this page is subject to change. The use of this website constitutes ...  read more
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Weekly Technical Strategist: GBPJPY

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

GBPJPY – With the cross violating its key support located at 127.08 level to close lower the past week, further declines are expected in the new week.  read more
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Allies pledge USD 1 billion for Afghan forces: official

posted by Avatar CommodityTip 6 days ago in USD

The financial commitments in the "billion dollar range" represent "major progress" towards a goal of USD 1.3 billion from nations in the NATO-led coalition in Afghanistan, the Western official, who spoke on condition of anonymity, told AFP.  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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USD/CHF Outlook May 21-25

posted by Avatar forexcrunch 7 days ago in USD, CHF made popular 6 days ago

USD/CHF continued to push higher, and gained almost one cent on the week, closing at 0.9396. The upcoming week is a quiet one, with only three releases. Here is an outlook for the Swiss events, and an updated technical analysis for USD/CHF.

Th  read more
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EUR/USD Outlook: May 21-25

posted by Avatar skushno 7 days ago in EUR made popular 7 days ago

Here is an outlook for the upcoming events and an updated technical analysis for EUR/USD. Apart from Greece, Spain is also struggling with higher yields (and a bottomless banking sector) and the Italian economy is squeezing quite rapidly.  read more
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Silver Forecast May 21, 2012, Technical Analysis

posted by Avatar FXEmpire 7 days ago in Technical, Daily, Metals

The silver markets rose on Friday as the bounce from the $27 level continues to power forward. However, the market is without a doubt very bearish overall, and the move should only set up the market for the bears to reenter with shorts from a hig  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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EUR/GBP Fundamental Analysis May 21, 2012, Forecast

posted by Avatar 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  read more
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Greece Still Making Headlines as Fitch Downgrades Long Term

posted by Avatar spreadbetman 8 days ago in USD, GBP, Technical made popular 8 days ago

Risk sentiment was seen heading lower overnight as news headlines and macro economic data releases continue to support the general bear market direction that has become more apparent in the last two weeks. Fitch downgraded long term credit in Gre  read more
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Making Millions the Easy Way

posted by Avatar cbn 8 days ago in Special, Trading Psychology made popular 8 days ago

How can you make millions the easy way? If you want to do what these guys did, first of all you need to be damn smart, you need to be ultra organised, you need impeccable discipline, you need to train hard and rehearse, you need to scope out the  read more
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Euro Drops to 4-Month Low, Closes Above Opening Level

posted by Avatar commodityblog 8 days ago in USD, EUR, Fundamental made popular 8 days ago

The euro reached the lowest level in four months against the US dollar and the lowest in three months versus the Japanese yen today on fears that the European crisis is escalating. The currency was higher on the day though.  read more