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GBP/USD Losing Further Ground, Next Target 1.59

posted by Avatar alexandria 10 days ago in USD, EUR, CAD, AUD made popular 10 days ago

On Tuesday Pound/Dollar decreased significantly with almost 130 pips. The Cable depreciated from 1.6115 to 1.5988 yesterday, in converse with the positive money flow sentiment at almost +12%, closing the day at 1.5991. Today the British Pound dipped ... read more
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eur-usd trend chart for may 16 2012

posted by Avatar stockmarket 11 days ago in USD, EUR, Technical made popular 11 days ago

EUR, EUR/Crosses vulnerable to more downside, given heightened risks that Greece may exit Euro, read more
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crude oil prices forecast may 16 2012

posted by Avatar stockmarket 11 days ago in Fundamental, Daily, Oil made popular 11 days ago

how will impact european debt crisis on oil prices : Oil dropped for a fourth day in New York after U.S. crude stockpiles read more
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Greek instability weighs on euro, risk currencies

posted by Avatar aussiemarket 11 days ago in all made popular 11 days ago

The euro held at four-month lows against the dollar on Wednesday ... read more
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How will impact Greek problems on euro currencies

posted by Avatar stockmarket 11 days ago in EUR, Fundamental, Special made popular 11 days ago

The euro held at four-month lows against the dollar on Wednesday and may extend losses sustained so far this month after Greece said it will hold new elections read more
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USD/CAD Fundamental Analysis May 16, 2012, Forecast

posted by Avatar Reno 11 days ago in CAD made popular 11 days ago

The USD/CAD traded at 1.0025 remains above parity, as the CAD gained a bit of momentum against the USD, in late day trading. The US was a mixed bag today, retail sales just eked by under forecast, along with CPI otherwise most eco data was at forecast, ... read more
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USD/CAD MACD Signal: Buy at 1.00283 - Stop Loss at 0.99889

posted by Avatar Evan 11 days ago in USD, EUR, CAD, AUD made popular 11 days ago

I open a market order in the direction of the signal and stay in the trade until I get a signal in the opposite direction. My stop loss is at the previous low in case of a buy and at the previous high in case of a sell. For each trade I risk LESS THAN ... read more
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C$ picks up on healthy German growth data

posted by Avatar delioncourt 11 days ago in all made popular 11 days ago

The Canadian dollar firmed against its US counterpart on Tuesday after surprisingly strong growth data from Germany, ... read more
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SPX 500 - Tuesday 05-15-12

posted by Avatar Boston4X 11 days ago in EUR, Technical, Fundamental made popular 11 days ago

The SPX 500 is off its overnight lows and sits about flat from Mondays close on the S&P 500 (as of 9:45am ET). The read more
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Pound Slides To Fresh 3-week Low Against Dollar

posted by Avatar CommodityTip 11 days ago in all made popular 11 days ago

On the downside, the pound may find target around the 0.8030 level. The German economy expanded more than expected in the first quarter of 2012, data released by the Federal Statistical Office showed today. Gross domestic product rose 0.5 percent from ... read more
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Portuguese GDP Shrinks For Sixth Straight Quarter, But Better Than Expected

posted by Avatar WiredDeal 11 days ago in USD, EUR, Economic Indicators made popular 11 days ago

The Portugese GDP was released at the same time as the Eurozone GDP came in slightly better than expected with 0.0% growth for the first quarter. EUR/USD fell slightly following both releases, possibly correcting from a small earlier day rally. read more
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Gold Might be Due for a Corrective Rally as it Nears Support

posted by Avatar FXTimes 12 days ago in Technical, Daily, Gold made popular 12 days ago

As risk aversion boosts the USD, XAU/USD or gold has been sliding sharply from a central pivot of 1666.50 to the current 1555 area. As the market falls sharply, we should remember that gold has been trading in a range roughly between 1802 resista read more