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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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Forex Outlook for May 17, 2012

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

It is big events for forex market May 17, 2012. read more
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EUR/USD corrects over-extended downtrend

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

EUR/USD is nearing 1.2750 from levels below 1.2700 in NA trade. AUD/USD has also jumped to 0.9950 from 0.9870 in the last European session. The market has been a one way street favouring the USD lately, courtesy of a potential fracture of the EZ as ... read more
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Risk appetite opens soft in Asia, all eyes on local bourses

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

Uncertainty surrounding Greece remained the focus, as stronger than forecast US housing starts & IP had only a short lived impact, Eurofirst 300 closed down 0.49%, S&P 0.44%, NYMEX crude fell 1.45% to 92.63. Risk off in FX continued to express itself ... read more
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Bombardier Transportation Celebrates 20 Years of Success in Mexico

posted by Avatar recessionfear 10 days ago in all made popular 10 days ago

Bombardier Transportation, a global leader in rail technology, celebrates an important milestone with 20 years of sustained and successful presence in the Mexican rail manufacturing industry. read more
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Crude Oil Inventories Report Today - 16/05

posted by Avatar forexpromos 11 days ago in USD, Daily, Oil made popular 11 days ago

Oil inventory data will be released at 10:30 and if the number exceeds the consensus estimate calling for an increase of 3.7 million barrels, crude futures will almost certainly incur more downside. read more
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Germany and France Show United Front even as Greek Rift Grow

posted by Avatar eToro 11 days ago in EUR, Fundamental, Daily made popular 10 days ago

Francois Hollande, the newly-inaugurated president of France, met with German Chancellor Angela Merkel yesterday for their first face-to-face encounter as elected heads of state. While austerity and growth issues are likely to eventually drive a read more
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Gold & Silver – Daily Outlook May 16

posted by Avatar liorcohen 11 days ago in Fundamental, Daily, Gold made popular 10 days ago

Gold and silver prices continued their downward trend during yesterday’s trading despite the slightly positive news of the higher than expected growth rate of Germany’s GDP in the Q1 2012 (a growth rate of 0.5%); the news of the new elections in read more
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Greek worries push euro to 4-mth low; more losses eyed

posted by Avatar ceronueve 11 days ago in all made popular 10 days ago

The euro hit another four-month low against the dollar on ... read more
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Euro Tale Wags Currency Dog

posted by Avatar cashbackforex 11 days ago in Sentiment made popular 11 days ago

The aftermath from last week's Eurozone elections continue to weigh on the markets, and in currency markets, the threat of political change is the most important driver. read more
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AUD/USD-Bids around 0.9900, targets Dec 0.9862 low

posted by Avatar macoleth 11 days ago in all, AUD made popular 11 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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AudNZD Live Trade

posted by Avatar caseystubbs 11 days ago in AUD, NZD, Technical made popular 11 days ago

was writing an article and Trading this morning and saw an entry I like to look at. It is based on a Forex strategy article that @Nathan wrote a while back. If you want to learn that strategy go read more