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Cowabunga System Daily Update: Tuesday, 05/15/2012

posted by Avatar EJSuratos 11 days ago in USD, GBP, Daily made popular 11 days ago

The market moved nicely today, but we didn't get any valid signals today. Sometimes it stinks to not be able to get in the surf, but patience and discipline must always prevail. Until next time! See how it all went down in today's Cowabunga Surf read more
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ForexLive North American wrap: US retail sales slow

posted by Avatar peigordon 11 days ago in USD, EUR

US April retail sales +0.1% vs +0.2% exp Empire Fed 17.09 vs 8.50 exp US April CPI +2.3% y/y, as expected Greece election call imminent Signs of a Greek bank run No signs of Germany backing down on Greek austerity Spanish credit worse-off than ... read more
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Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD

posted by Avatar wizardfx 11 days ago in USD, EUR, JPY, GBP, CAD, AUD, Commodities, Economic Indicators made popular 11 days ago

USD - The USD diverged from its recent trends overnight, but nonetheless strengthened further against many of its major counterparts. Despite ongoing fears that the Eurozone is descending into further political and economic turmoil, risk sentiment is ... read more
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USD/JPY Inverted Head and Four Shoulders?

posted by Avatar Tottie 11 days ago in USD, EUR, CAD, AUD made popular 11 days ago

By Fan Yang USD/JPY's inverted head and shoulders attempt to start the 5/14 trading week did not work out. However the subsequent drop basically respected the shoulder level near 79.70. Into the 5/15 US trading session, the USD/JPY is pushing above ... read more
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SPX 500 - Tuesday 05-15-12

posted by Avatar Boston4X 11 days ago in EUR, Technical, Fundamental made popular 11 days ago

The SPX 500 is off its overnight lows and sits about flat from Mondays close on the S&P 500 (as of 9:45am ET). The read more
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EUR/USD Technical Outlook – May 15th

posted by Avatar forexalliancecom 11 days ago in EUR, Technical, Daily made popular 11 days ago

Euro shorting remains en vogue as the spot rate plummeted through support at 1.2813 or the January 10th session high. Although fundamental drivers remain the main catalyst to further euro downside, the technical break is significant, and indicat read more
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Malaysia-Market factors to watch May 15

posted by Avatar trader 12 days ago in all made popular 12 days ago

US stocks fell on Monday as investors dealt with the one-two punch of worsening political upheaval in the euro zone and the possibility that China's economy may be softening more than previously thought. * Global stocks slid on Monday on worries Greece ... read more
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Gold Might be Due for a Corrective Rally as it Nears Support

posted by Avatar FXTimes 12 days ago in Technical, Daily, Gold made popular 12 days ago

As risk aversion boosts the USD, XAU/USD or gold has been sliding sharply from a central pivot of 1666.50 to the current 1555 area. As the market falls sharply, we should remember that gold has been trading in a range roughly between 1802 resista read more
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Seoul shares seen lower, to test support at 1900 points

posted by Avatar vinia 12 days ago in all made popular 12 days ago

Further weighing on sentiment were fresh signs pointing to a deepening recession in Europe, after data on factory output in the euro zone showed unexpected weakness in March. The Korea Composite Stock Price Index (KOSPI) fell 0.18 percent to close at ... read more
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Commodity Prices — May 14th 2012

posted by Avatar commodityblog 12 days ago in Gold, Oil, Agriculture made popular 12 days ago

Commodity prices for May 14th 2012. read more
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EURUSD Daily Analysis–15th May Forecast

posted by Avatar forexfx4x 12 days ago in USD, EUR, Technical made popular 12 days ago

EURUSD Daily Analysis–15th May Forecast read more
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Euro slips to near 4-month trough on Greece

posted by Avatar freshmint 12 days ago in all made popular 12 days ago

The euro slipped to a near four-month low on Monday as political turmoil in Greece ... read more