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Gold Buyers Back. Tests Underside Of Broken Trend Line

posted by Avatar ejc 9 days ago in Technical, Daily, Gold made popular 9 days ago

The Gold buyers have entered today after not being able to extend below the most recent lows From September and December 2011. The rally hast taken the price up to the broken underside of the the channel trend line at the $1575 area....more. read more
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Daily Forex Fundamentals - May 17, 2012

posted by Avatar EJSuratos 9 days ago in Fundamental, Daily made popular 9 days ago

Just a couple more days left to make pips this week! Finish strong and make sure you read up on my forex fundamentals report and know the events that could rock the market today! read more
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ForexLive: GBPJPY Moves Below 100 Day MA

posted by Avatar ejc 9 days ago in JPY, GBP, Technical made popular 9 days ago

The weakness in the GBPUSD and now weakness in the USDJPY has sent the GBPJPY plunging lower today. The move has taken the price below the 100 day MA for the first time since February 2nd (and also sent the price below the 38.2% retracement of th read more
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EUR/GBP Forecast May 17, 2012, Technical Analysis

posted by Avatar FXEmpire 10 days ago in EUR, GBP, Technical made popular 10 days ago

The EUR/GBP pair rose during most of the session on Wednesday as the Pound suffered against the rest of the currencies. The Bank of England lowered growth forecasts as it expressed concerns about inflation, making people run from the Pound in gen read more
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MCX Gold Silver Tips, Copper Update, Crude Update, Live Com

posted by Avatar mmfssbm 10 days ago in Technical, Fundamental made popular 10 days ago

In domestic market are strongly positive moment and all base metals returned strongly. MCX Gold 164 point and silver 858 point move up on today. With nearly 0.5 per cent on MCX crude oil is trading at Rs 5080…… Get more commodity tips read more
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Risk Aversion Leads to Significant Aussie Losses

posted by Avatar brilo 10 days ago in AUD made popular 10 days ago

After seeing mild gains during early morning trading, the Australian dollar turned bearish against both the US dollar and Japanese yen amid risk aversion in the marketplace caused by Greek political worries. The AUD/USD dropped from a high of 1.0014 to ... read more
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Forex Resistance Pivot Points Support 05/17/2012

posted by Avatar goldsam 10 days ago in USD, Technical, Daily made popular 10 days ago

Daily Forex Resistance Pivot Points Support 05/17/2012 read more
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US wheat futures extend rally on dry weather threat

posted by Avatar recessionfear 10 days ago in USD, EUR, AUD, Commodities made popular 10 days ago

The US Department of Agriculture said exporters sold 900000 tonnes of US corn to China, including 180000 tonnes of old-crop supplies, even as China said it expected a record-large domestic corn crop in 2012. * The China National Grain and Oils ... read more
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Loonie Weakens as Europe Hits Commodity Prices

posted by Avatar commodityblog 10 days ago in USD, CAD, Fundamental made popular 10 days ago

The Canadian dollar yesterday as the crisis in Europe escalates, damping demand for commodities and commodity-dependent currencies. The loonie trimmed its losses today on good fundamentals in Canada and the United States. read more
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Manufacturing Data Could Result in Dollar Gains Tomorrow

posted by Avatar inflationcoming 10 days ago in AUD, Economic Indicators made popular 10 days ago

The greenback also saw gains against the Australian dollar. The AUD/USD fell as low as 0.9868 before moving upward during mid-day trading. Turning to tomorrow, dollar traders will want to pay attention to the US Unemployment Claims figure at 12:30 GMT, ... read more
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Gold & Silver Suffer from Europe, Dry Weather Boost Wheat

posted by Avatar commodityblog 10 days ago in Fundamental, Gold, Agriculture made popular 10 days ago

Gold and silver erased this year’s gains as the credit crisis in Europe continue to weaken demand for raw materials. Wheat jumped today for the fourth trading session as bad weather in various parts of the world threatened to curb output. read more
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Pound Falls as UK Economy Threatened by Europe’s Crisis

posted by Avatar commodityblog 10 days ago in USD, GBP, Fundamental made popular 10 days ago

The Great Britain pound slumped today after the Bank of England trimmed its growth forecast as the crisis in Europe escalates. Positive employment data did not manage to help the weakening currency. read more