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GBP/USD Fundamental Analysis May 18, 2012, Forecast

posted by Avatar FXEmpire 8 days ago in USD, GBP, Fundamental

The GBP/USD continues to show weakness trading at 1.5812. There is little in the way of eco data in the UK or the US today to really affect the markets. The jobless report and the Philly Fed were market neutral. 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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EUR/USD Getting Closer to the Cliff as Spain Bypasses Greece

posted by Avatar forexcrunch 8 days ago in USD, EUR made popular 8 days ago

Euro/dollar is gradually drifting towards the year’s low and suffers from unconvincing bounces. In Greece, some polls show a lead for the pro-bailout parties for a change and some of the worries of a bank run are downplayed for now. Nevertheless, read more
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Jean-Claude Trichet Has an Idea that Could Save the Euro...

posted by Avatar eToro 9 days ago in EUR, Fundamental, Daily made popular 8 days ago

Jean Claude Trichet, the former president of the European Central Bank, yesterday presented a bold but sure to be controversial plan that could go some way to saving the Eurozone. Many of the problems that currently exist in the Eurozone can be b read more
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NZ On Air releases original pitch for show that became The GC

posted by Avatar piphole 9 days ago in NZD made popular 8 days ago

$425000 AUD will buy you a house on the Gold Coast with 4 bedrooms, 2 bathrooms, spa, outdoor swimming pool, out door area, separate dining and family areas and double garage. $465000 NZD buys a 3 bedroom, 2 bathroom (one en suite), double garage ... read more
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GBP/USD Technical Outlook – May 18th

posted by Avatar forexalliancecom 9 days ago in GBP, Technical, Daily made popular 9 days ago

Plunging through 1.5900 in yesterday’s session, the British pound is now likely to move towards support at 1.5648 or the 61.8% fib level from 1.5241-1.6300 rise. The break below the aforementioned round figure barrier remains significant for the read more
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US wheat futures come off six-week high

posted by Avatar MattMcKelly 9 days ago in USD, EUR, AUD, Commodities made popular 9 days ago

The US Department of Agriculture in its daily reporting system confirmed sales of 480000 tonnes of US soybeans to China, the biggest oilseed buyer, for 2011/12 delivery. * Favorable weather in the US Midwest continued to boost the outlook for this ... read more
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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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Playing the EUR/CAD Downtrend

posted by Avatar EJSuratos 9 days ago in EUR, CAD, Special made popular 9 days ago

Good morning forex friends! I've decided to close out this trading week by dipping into an arena I'm not too familiar with: currency crosses! Even though it's not in my usual bag of pairs to watch, I think EUR/CAD is a simple play both fundamenta read more
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USD/CAD rises to test 1.0178 again

posted by Avatar 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 ... read more
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AUD/USD tests 0.9900 support again

posted by Avatar 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 ... read more