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Euro/USD Weekly Outlook –May 21-25

posted by Avatar lchammer 6 days ago in USD, EUR, CHF made popular 6 days ago

The Euro/USD continued its descent during most of last week except on Friday when the Euro bounced back. There are several reports that might also affect the direction of Euro/USD including: U.S home sales reports, minutes of recent German busine  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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USD/JPY Forecast for the Week of May 21, 2012, Technical Ana

posted by Avatar FXEmpire 7 days ago in USD, JPY, Technical made popular 6 days ago

The USD/JPY pair initially rose during the week as the hammer from the previous week got triggered to the upside. This was a buy signal to most traders, but the later action in the week saw this pair fall apart. The fact that the end of the week  read more
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USD/JPY Weekly Fundamental Analysis May 21-25, 2012, Forecas

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

Introduction: In the USD/JPY trade, trying to pick tops or bottoms during that time would have been difficult. However, with the bull trend so dominant, the far easier and smarter trade was to look for technical opportunities to go with the funda  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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AUD/USD Forecast Review 21 May 12

posted by Avatar thegeekknows 8 days ago in USD, AUD, Weekly made popular 8 days ago

This forex forecast review touches on the fundamental and technical aspects of the currency pair.  read more
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Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD

posted by Avatar keiragabe 8 days ago in NZD made popular 8 days ago

USD - The dollar is mixed this morning, but headed into the weekend generally higher against most of its major counterparts. The dollar index reached a six-month high at 81.60 before pulling back as demand for its relative safety remains particularly ...  read more
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Canadian Dollar Extends Slide Against Euro

posted by Avatar portelo 8 days ago in EUR made popular 8 days ago

The Canadian dollar resumed its early Asian session's downward trading against the euro in the New York session on Friday. The loonie declined to a 1-week low of 1.2962 against the euro, compared to a recent high of 1.2900.  read more
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Europe's Depressing Prospects

posted by Avatar eman021283 8 days ago in EUR made popular 8 days ago

In both cases the real cost of debt must increase substantially in the former case because high German inflation will force up euro interest rates so that Spain's refinancing cost will exceed its domestic growth rate, and in the latter case because ...  read more
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EURJPY Technical Analysis

posted by Avatar Fxmegaforex 8 days ago in EUR, JPY, Technical made popular 8 days ago

The spot rate is currently testing the lower limit of its medium term bearish channel at 100.20 and seems to initiate a rebound.  read more
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ForexLive: USD/CAD Breaks Back Below Channel Trend Line

posted by Avatar ejc 8 days ago in CAD, Technical, Daily made popular 8 days ago

The USDCAD is back into the channel after accelerating the trend higher on the move above topside trend line yesterday afternoon (see red area) and into the Asian session today (highest level reached since January 16th)...more.  read more
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GBP/USD Crumbles Bellow 1.575, Next Target 1.57

posted by Avatar Maher 8 days ago in USD, EUR, CAD, AUD made popular 8 days ago

On Thursday Pound/Dollar continued decreasing significantly with 155 pips. The Cable depreciated from 1.5934 to 1.5779 yesterday, in line with the negative money flow sentiment at under -23%, closing the day at 1.5793. Today the British Pound weakened ...  read more