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USD/CAD Forecast May 18, 2012, Technical Analysis

posted by FXEmpire 8 days ago in USD, CAD, Technical made popular 8 days ago

USD/CAD shot straight up during the Thursday session as the “risk off” trade continued. The oil markets still look weak, but they are starting to stabilize just slightly. This pair hasn’t shown signs of slowing down, and it now should be obvious

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EURJPY Technical Analysis

posted by 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.

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EUR/USD Slow-Rolling Into Support Area Above 1.2625

posted by FXTimes 8 days ago in USD, EUR, Technical made popular 8 days ago

The EUR/USD has continued to make lower lows but has slowed the decline considerably as we end the week. The 1H chart shows an extended bullish divergence that corresponds to price action in a slightly downwards channel. As we get into the 5/18 U

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Daily Technical Strategist: USDJPY

posted by FXTechstrategy 8 days ago in USD, Technical, Daily

USDJPY: With USDJPY breaking below the 79.42 level, the risk is for it to decline further. This now sets the stage for a run at the 79.00 level.

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Currency market outlook from India Forex

posted by andy 9 days ago in JPY made popular 9 days ago

USD/JPY: JPY is currently trading at 79.43 levels. Japanese yen is gaining against US dollar, gaining the safe haven status amid Greece and Spain concerns. The downgrade of the Spanish banks pushed the euro down thereby making investors rush to the ...

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Daily Chart Art - May 18, 2012

posted by 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!

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Forex Outlook 05/18/2012

posted by fxmylife 9 days ago in USD, CAD, Daily made popular 9 days ago

It is big events for forex market May 18, 2012

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AUD/JPY just 30 pips above fresh 2012 lows

posted by Flexie 9 days ago in JPY, AUD made popular 9 days ago

Nikkei futures point for a lower open in Tokyo, with gold surging a +2.04% for the day, as a proof fears are for real. For the immediate term, support to the downside for AUD/JPY shows at Dec 29/30 lows 78.17/18, followed by Jan 09 lows at 78.09, ...

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Slower Growth, But Structural Reforms Progressing

posted by mattypark 9 days ago in Economic Indicators made popular 9 days ago

The real RMB/USD exchange rate (adjusting for differences in the CPI in both countries) appreciated by about 42 percent. Using GDP deflators (instead of CPIs), the real RMB/USD exchange rate shows over 50 percent appreciation since July 2005.

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EUR/USD range likely to persist V.Bednarik

posted by Jmario 9 days ago in EUR made popular 9 days ago

High-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, ...

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USD/CAD rises to test 1.0178 again

posted by forexlover 9 days ago in CHF, CAD made popular 9 days ago

After trading in consolidation mode from 1.0178 4-month high in a pause in its rally from 1.0100, the USD/CAD has resume its uptrend and it is testing highs at 1.0178 again. Now at 1.0170, the USD/CAD is rising 0.50% so ...

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AUD/USD tests 0.9900 support again

posted by edward 9 days ago in CHF, AUD made popular 9 days ago

The Aussie has retreated from 0.9950 against the US Dollar to test the 0.9900 level again. The pair has been moving in range between 0.9900 and 0.9960 during the whole today's session. Currently the AUD/USD is trading at ...

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