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AUDUSD Test Channel Resistance Line

posted by Avatar ejc 5 days ago in AUD, Technical, Daily made popular 5 days ago

The AUDUSD has a defined lower trend line where the price tested on a number of times in trading over the last 6 or so trading days. The price has consolidated since the low on Friday, and the sideways action has pushed the price toward a test of read more
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Indian rupee breaks below 55/US dollar to record low

posted by Avatar wizardfx 5 days ago in USD, EUR, JPY, CAD made popular 5 days ago

Also weighing on the rupee was dollar demand from oil firms and corporates, dealers said. Although profit-taking in the USD/INR cross could temper the pace of falls in the local unit in the near-term, the outlook for the rupee still remains very weak ... read more
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EU Morning Report- Euro rebounds but still under pressure

posted by Avatar aranel 5 days ago in USD, EUR, JPY, GBP, CAD, AUD made popular 5 days ago

By Easy-Forex The euro (EUR) edged higher to 1.2812 rebounding from a four-month low at 1.2641 against the US dollar. The single currency tumbled on Friday on concerns over Greece's political uncertainty as well as growing instability in the Spanish ... read more
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Improved Swiss Consumer Confidence Fails To Move Franc

posted by Avatar post-it 6 days ago in CHF made popular 6 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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Malaysia-Market factors to watch May 21

posted by Avatar HarrisClan 6 days ago in all made popular 6 days ago

... USD/JPY 79.13 -0.04% -0.030 10-YR US TSY YLD 1.7363 -- 0.014 SPOT GOLD 1596.63 0.29% 4.630 US CRUDE 91.53 0.05% 0.050 DOW JONES 12369.38 -0.59% -73.11 ASIA ADRS 112.78 -1.51% -1.73 ------------------------------------------------------------- * For ... read more
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Trade Idea Central Monday May 21st

posted by Avatar forexlover 6 days ago in AUD, Economic Indicators

EUR/AUD is trading right at a interesting level on Monthly and Daily chart, what is your opinion on this pair? . Thanks. The content of this field will not be shown publicly. John: Hi Sean: Hope you had a great weekend. EUR/AUD is trading right at a ... 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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Lower interest rates combined with risk off trades sends NZ$ lower against US$

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

Economic data showed the pace of US recovery has throttled back somewhat, while Chinese economic activity has yet to find a solid base. The ailing health of the Spanish banking sector was also the source of much hand-wringing. Mounting fears about the ... read more
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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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Oil sanctions on Iran will push crude prices to $160: Iran Finance Minister

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

Iran's Minister of Economic Affairs and Finance Shamseddin Hosseini says if EU sanctions against the Islamic Republic take effect, oil prices will soar to as high as USD 160 per barrel. In an interview with CNN, Hosseini said Iran has endured sanctions ... 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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EUR/USD Forecast Review 21 May 12

posted by Avatar thegeekknows 6 days ago in USD, EUR, Weekly made popular 6 days ago

This forex forecast review touches on the fundamental and technical aspects of the currency pair. read more