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Daily Chart Art - May 18, 2012

posted by Avatar krissylinne 9 days ago in USD, Technical, Daily made popular 9 days ago

TGIF, homies! Check out my setups on EUR/USD and USD/CHF and GBP/JPY and see if you can bring home some pips before the week ends! read more
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AUD/USD Cracking 0.9860 Support Pivot; Next is 0.9660

posted by Avatar FXTimes 9 days ago in USD, AUD, Technical made popular 9 days ago

The AUD/USD continues to fall precipitously. It is now testing the support pivot established in December 2011, after which them pair pushed to parity, and eventually developed a bull run all the way up to 1.0850. It is being tested again with ver read more
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Trade Idea Central, Friday May 18th

posted by Avatar aaron 9 days ago in AUD, Economic Indicators made popular 9 days ago

Morning Sean, what the hell is happening on the AUD? ill say it again seanwe are due for a relief rally in the euro and a sell off in the dollar..the io or oi shows that each is exhausted and needs to correct..my only fear is that the newbies in ... read more
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Yen surges, BoJ watching closely

posted by Avatar yen2yen 9 days ago in JPY, NZD made popular 9 days ago

The yen has also fallen to new 4-month lows against both the Australian and New Zealand dollars, with AUD/JPY falling to and closing down 1.6% at 78.36 vs. 79.62, while NZD/USD closed down 1.5% at 60.45 vs. 61.36. EUR/JPY slid to a 3-month low of ... read more
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GBPJPY inside bar trade recap - Nial Fuller

posted by Avatar Nial-Fuller 9 days ago in Daily made popular 9 days ago

GBPJPY inside bar trade recap read more
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Spanish Banks & Greece Downgraded, EUR & GBP Slide

posted by Avatar Chris-Capre 9 days ago in GBP, Technical, Daily made popular 9 days ago

Spanish Banks & Greece Downgraded, EUR & GBP Slide read more
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Ugly US data boosts JPY

posted by Avatar LosingGain 9 days ago in USD made popular 9 days ago

With bad US data, Pavlov's dogs are looking for QE and lapping up gold and selling the USD. Will the bad data give us a reprieve from the USD strength or is it another red herring? The market was a mixed bag today, with equities, EURUSD and GBPUSD and ... read more
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Facebook's Prospects In Asia

posted by Avatar rosales 9 days ago in Economic Indicators made popular 9 days ago

The benefits of addressing the Japanese market, whose population is less than half the one of the US (128 million people), are: (1) A high GDP/capita (2) Very good IT infrastructure (actually, far better than the US, according to Akamai). read more
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Gold Demands Trend (Q1 2012) - Enter The Dragon

posted by Avatar forexbaby 9 days ago in GBP, Commodities made popular 9 days ago

Gold's London AM fix this morning was USD 1547.00, EUR 1217.44, and GBP 974.00 per ounce. Yesterday's AM fix was USD 1537.50, EUR 1208.73 and GBP 966.31 per ounce. Silver is trading at $27.48/oz, 21.77/oz and 17.43/oz. 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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EUR/USD Breaks into New Low, Entering into Key Support Zone

posted by Avatar FXTimes 9 days ago in USD, EUR, Technical made popular 9 days ago

The EUR/USD broke into new lows for the week, coming down to the 1.2660 level at the beginning of the 5/17 US trading session. The 1.2625-1.2660 support area has been documented at FXTimes on the daily chart. On the 4H chart, we see that the mark read more
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NZ Dollar Near This Year’s Low

posted by Avatar commodityblog 9 days ago in USD, NZD, Fundamental made popular 9 days ago

The New Zealand dollar erased its earlier gains today as the potential Greece’s exit from the eurozone continued to spoil mood of Forex market participants. The currency traded near the lowest level this year. read more