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Forex Outlook 05/18/2012
It is big events for forex market May 18, 2012
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AUD/JPY just 30 pips above fresh 2012 lows
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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EUR/USD: Selling on a Pullback
Last week, I rode the downtrend on GBP/USD. This time, I'm going to try out EUR/USD. I hope I'm not too late!
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Teekay Corporation Reports First Quarter Results
Please refer to Appendix A to this release for a reconciliation of this non-GAAP measure as used in this release to the most directly comparable financial measure under United States generally accepted accounting principles (GAAP).
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Book Profits Early: Yes or No?
The question I am asking you to think about today is: if it is ok to book profits before hitting the profit target.
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ForexLive: GBPJPY Moves Below 100 Day MA
The weakness in the GBPUSD and now weakness in the USDJPY has sent the GBPJPY plunging lower today. The move has taken the price below the 100 day MA for the first time since February 2nd (and also sent the price below the 38.2% retracement of th
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EUR/GBP Finding Some Support and Challenges Bearish Momentum
The EUR/GBP is not heading to the 0.77 level just yet. Holding above 0.7950, the market is now pushing above 0.80, and looking at the 0.8048 short-term resistance pivot. It should be noted that the 4H RSI reading is testing 60. It has been able t
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EUR/USD moves at the mercy of general sentiment
"Nothing relevant was on the calendar in the morning session, so London trading was flat enough to leave EUR/USD moves at the mercy of general sentiment, which is bad obviously. The Spanish auction hasn't added anything to risk, and neither did ...
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A Canary In The Gold Mine?
We should not overstate the message of GOR for gold. The gold / silver ratio could help. The two charts below present the gold-to-silver ratio against EUR/USD and the S&P 500. Against EUR/USD, the ratio is well-priced. Were the EUR/USD to hit 1.26, ...
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MCX Silver Tips Trend Today
Silver Tips Today :- Silver has appreciated by 1.5% in Intraday trading and it touched level of 52 710 per kg. International Market rapid effect is showing on Domestic Market. Silver got supported by weakness in Rs. Although Silver is expected t
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Portugal Telecom Q1 net 56.5 mln eur, beats fcast
Portugal Telecom posted on Thursday a first-quarter net profit of 56.5 million euros ($72 million) to beat market consensus even as domestic revenues fell due to Portugal's deep recession and painful austerity.
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Asian Market Update: Markets given a boost on US commitment to easing; Japan ...
EUR/USD gained in the session testing $1.2750. Funds continue to flow out of Greek banks and there has been some reports that the ECB is not providing funding to Greek banks, however only Australia remained in negative territory.


