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The Opening Bell: Where currencies start for Monday, May 21, 2012

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

By Dan Bell The NZD/USD opens around 0.7560 this morning after making a new six month low of 0.7520 over the weekend. It has certainly been all doom and gloom over the last few weeks. The potential for a Greek exit from the EU and the implications for ... read more
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Weekly Forex Chart Price Action Outlook - Nial Fuller

posted by Avatar Nial-Fuller 7 days ago in Technical, Weekly made popular 6 days ago

Weekly Forex Chart Price Action Outlook for May 21st – May 25th read more
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Gold Forecast May 21, 2012, Technical Analysis

posted by Avatar FXEmpire 7 days ago in Technical, Daily, Gold made popular 6 days ago

Gold markets rose again on Friday as the move we mentioned to the $1,620 – $1,640 level continues. The bounce looks healthy, and we are long until we get to that area. It is there that we expect to see weakness reenter the market, and as a result 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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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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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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C$ slides to 4-month low as Europe fears drag

posted by Avatar ColdFire 8 days ago in EUR, CAD made popular 8 days ago

The Canadian dollar weakened to a four-month low against the US currency on Friday, shrugging off ... 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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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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Flash: EUR/USD could slide back to 1.25 in near term Danske Bank

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

The single currency is trading in sub 1.2700 levels on Friday, closing a 3-week negative streak against the greenback, on spiraling concerns circling the euro zone, with Greece and Spain in centre stage. 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