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EUR/GBP Forecast May 17, 2012, Technical Analysis
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
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Risk Aversion Leads to Significant Aussie Losses
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 ...
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ForexLive Asian market wrap: Risk trades make modest recovery as Asia buys Gold
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.
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Share Market Recommendations,Share Market Trend Tomorrow,fre
Nifty share tips,share market trend for tomorrow,shares,indian share tips,trading tips,stocks share,share trend,share market update,Stock Future and o...
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Forex Outlook for May 17, 2012
It is big events for forex market May 17, 2012.
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Pound Falls as UK Economy Threatened by Europe’s Crisis
The Great Britain pound slumped today after the Bank of England trimmed its growth forecast as the crisis in Europe escalates. Positive employment data did not manage to help the weakening currency.
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NZD/USD up on economic data
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 ...
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Is There A Sell Off Coming For The Yen?
For weeks the forex markets have been focused on the plight of the euro and the economies in the eurozone. The bears were perplexed, as the euro versus the US dollar continued to find support around the 1.30 handle. We suspected, as did other analysts, ...
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The European Union at the G8 Summit in Camp David (May 18-19, 2012): "Acting ...
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 ...
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Trend Trading with EMA´s
Trend trading with EMAs:Time Frame: 1 day, 1 hour or 30 min.
Currency: Any
Indicators: 80EMA, 21EMA, 13EMA, 5EMA, 3EMA, RSI (21)
Entry:
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ForexLive: USD/JPY Reaches 50% Target and Stalls
The USD/JPY continued it’s move to the upside in trading overnight and extended to the 50% retracement target at 80.55...more.
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EURUSD Back Up On The Day As Correction Off Support Continue
The low in overnight trading for the EURUSD held support against a bottom side trend line. The price has now moved above the close from yesterday at the 1.2728 level....more.


