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C$ slides to 4-month low as Europe fears drag

posted by Avatar ColdFire 8 days ago in EUR, CAD made popular 8 days ago

The Canadian dollar weakened to a four-month low against the US currency on Friday, shrugging off ... read more
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Crude Oil Fundamental Analysis May 18, 2012, Forecast

posted by Avatar FXEmpire 8 days ago in Fundamental, Daily, Oil made popular 8 days ago

Crude Oil continued to decline trading at 92.28. OPEC continues to produce more than required supplies, helping make sure that there are no shortages or possibility of shortages, therefore intentionally creating a world glut, also with several st read more
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USD/CAD Forecast May 18, 2012, Technical Analysis

posted by Avatar 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 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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Gold Continues Recovery From Range Support

posted by Avatar FXTimes 8 days ago in Technical, Daily, Gold made popular 8 days ago

As expected, the 1522-1530 range support provided a based for gold to recover after it fell sharply from around the central pivot of the range (the actual high was 1671.12). The concept of a range is that when the market is at resistance or suppo 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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GBP/USD finds support at 1.5790, back above 1.58

posted by Avatar Pete 9 days ago in USD, CHF made popular 9 days ago

The Sterling's decline from 1.5930 against the Dollar has found support at the 1.5790 price with the unit coming back to trade above 1.5800. Currently the GBP/USD is pricing at 1.5817, 0.60% below opening price. read more
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USD/CAD prints new 4 month high at 1.0178

posted by Avatar Ving 9 days ago in USD, CAD made popular 9 days ago

The leading indicators index and the Philadelphia Fed manufacturing index came out worse than expected, falling by 0.1% and reaching -5.8 (instead of 0.1% and 10), respectively. Initial and continuing jobless claims increased to 370K and 3.265M, ... read more
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The European Union at the G8 Summit in Camp David (May 18-19, 2012): "Acting ...

posted by Avatar macoleth 9 days ago in EUR

The EU is taking decisive action to foster sustainable development, increase agricultural resilience and reduce poverty, promoting democratic values and the rule of law and enhancing international stability. The EU is ready to rise to global challenges ... read more
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Gold Buyers Back. Tests Underside Of Broken Trend Line

posted by Avatar ejc 9 days ago in Technical, Daily, Gold made popular 9 days ago

The Gold buyers have entered today after not being able to extend below the most recent lows From September and December 2011. The rally hast taken the price up to the broken underside of the the channel trend line at the $1575 area....more. 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
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Japan’s Economic Recovery Blasts Past Peers

posted by Avatar eToro 10 days ago in JPY, Fundamental, Daily made popular 10 days ago

It’s been slightly more than a year since the horrific earthquake and tsunami which decimated a good portion of Japan and its economy, but the latest data suggests a recovery that speaks volumes to the resilience and commitment of the Japanese go read more