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GBP/USD Still Weak, Downtrend Held By 1.5888 Support For Now

posted by Avatar yen2yen 9 days ago in USD, EUR, CAD, AUD made popular 9 days ago

On Wednesday Pound/Dollar continued decreasing with almost 105 pips. The Cable depreciated from 1.5994 to 1.5888 yesterday, in line with the negative money flow sentiment at bellow -7%, closing the day at 1.5907. Today the British Pound is pulling ...  read more
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MCX copper and Nickel trading tips, Crude oil tips for toda

posted by Avatar mmfssbm 9 days ago in Technical, Fundamental made popular 9 days ago

That is why it is bounce in crude oil. MCX base metals have accelerated in today. MCX to see the strength of the base metals are in the 0.5-1 per cent. Copper Jun below buy 421 targets 428, stop loss 418.Get more trading tips  read more
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European Stocks Seen Largely Unchanged

posted by Avatar arjay 10 days ago in EUR made popular 10 days ago

European stocks are seen opening on a flat note Thursday, with concerns over Greece's political and economic future likely to be at forefront after the debt-laden nation announced that a second round of elections would be held on June ...  read more
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EUR/GBP Forecast May 17, 2012, Technical Analysis

posted by Avatar FXEmpire 10 days ago in EUR, GBP, Technical made popular 9 days ago

The EUR/GBP pair rose during most of the session on Wednesday as the Pound suffered against the rest of the currencies. The Bank of England lowered growth forecasts as it expressed concerns about inflation, making people run from the Pound in gen  read more
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USD/JPY in red after flash Q1 GDP

posted by Avatar provision 10 days ago in JPY, Economic Indicators made popular 10 days ago

Another positive data for the Japanese economy came with the industrial production, rising 1.3% MoM in March and 14.2% over the last twelve months. No further data are expected for the rest of the week, although the yen would be under pressure as long ...  read more
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Risk Aversion Leads to Significant Aussie Losses

posted by Avatar brilo 10 days ago in AUD made popular 10 days ago

After seeing mild gains during early morning trading, the Australian dollar turned bearish against both the US dollar and Japanese yen amid risk aversion in the marketplace caused by Greek political worries. The AUD/USD dropped from a high of 1.0014 to ...  read more
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ForexLive Asian market wrap: Risk trades make modest recovery as Asia buys Gold

posted by Avatar kulas 10 days ago in AUD, Commodities made popular 10 days ago

AUD/USD followed its smaller neighbour higher and once Gold started to rise, the modest AUD recovery picked up a bit of pace. AUD/USD fell quickly by around 15 pips on the JP Morgan reports but overall its been a fairly insipid session.  read more
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Binary Options Daily Setup May 17th 2012

posted by Avatar bocrunch 10 days ago in USD, Daily, Employment made popular 10 days ago

Today, Thursday, May 17th produces 4 new trading events. These events provide excellent trading opportunities for binary options traders. The U.S. Unemployment Claims today, will probably have an effect on the USD/JPY.  read more
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AUD/USD-Gettingsupport from Tokyo demand/short covering

posted by Avatar ctrlaltdel 10 days ago in AUD made popular 10 days ago

Trade and learn with Richard Olsen, David Pegler, Walter Peters, Ed Ponsi, Steve Ward and Ron William. Monitor the markets with our customizable FX studies. Note: All information on this page is subject to change. The use of this website constitutes ...  read more
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Forex Resistance Pivot Points Support 05/17/2012

posted by Avatar goldsam 10 days ago in USD, Technical, Daily made popular 10 days ago

Daily Forex Resistance Pivot Points Support 05/17/2012  read more
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USD/JPY, GBP/JPY Flows: PM Noda on BOJ policy, Furakawa warns on FX

posted by Avatar HousingMarket 10 days ago in USD, EUR made popular 10 days ago

Acknowledges that JPY gains could hurt Japan economy and have various downside impacts. Watching downside risks to overseas economies. Closely watching European conditions. European debt conditions affecting FX markets. On FX, pressure on BoJ to do ...  read more
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NZD/USD up on economic data

posted by Avatar Cittiperth 10 days ago in NZD made popular 10 days ago

NZD/USD was trading at 0.7651, up 0.12% at time of writing. The pair was likely to find support at 0.7624, today's low, and resistance at 0.7880, Friday's high. Earlier in the day, official data showed that New Zealand's producer price inflation input ...  read more