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Silver Trading Down Near 2011 Low

posted by Avatar FXTimes 10 days ago in Technical, Daily, Metals made popular 10 days ago

Silver has been persistently bearish. Commodity prices, gold and silver have all been in a downtrend as the USD surges in the risk aversion environment in May. The moving averages are in bearish orientation, and the RSI is below 30. This means th  read more
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USD/JPY Technical Outlook – May 16th

posted by Avatar forexalliancecom 10 days ago in JPY, Technical, Daily made popular 10 days ago

USDJPY remains in a pivotal position, just above 80.00. Although the price action has broken through round figure resistance, barriers above are suppressing any meaningful moves above the 80.00 figure. Notably, the previously cited 84.09-81.68  read more
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Russia Cuts Euro's Share in Reserves to 42.1%, Raises Dollar

posted by Avatar scorpio 10 days ago in EUR

The US dollar's share was increased to 45.5 percent from 45.2 percent, while the Canadian dollar's portion was raised to 1.6 percent from 0.8 percent, according to the central bank's annual report submitted to the lower house of parliament and obtained ...  read more
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FxPro Daily Forex Brief | Dollar soars after Greek talks fai

posted by Avatar forextrader2011 10 days ago in Daily made popular 10 days ago

Risk Assets Defensive | Shifting Eurozone Growth Debate | More RMB Depreciation?  read more
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ForexLive: The US Dollar Index Tries to Keep Going

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

The US Dollar Index is up today. A close above the 81.22 would be the 13th up day in a row. However, the price is rotating off the highs today and the price has dipped below the close from yesterday. So the string is in jeopardy....more.  read more
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EUR/USD Slides as Greece Bickers

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

Euro/dollar continues to slide, as the political crisis in Greece is worsening. Talks aimed at forming a coalition government remained deadlocked, and another election seem likely. The euro wasn’t helped by a strong German GDP release, as recent  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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GBP/USD Forecast May 16, 2012, Technical Analysis

posted by Avatar FXEmpire 11 days ago in USD, GBP, Technical made popular 11 days ago

The GBP/USD pair fell very hard on Tuesday to slam into the 1.60 level. The area was the site of a breakout last month, and should therefore be supportive now. However, the price action is very bearish, and the fact that the pair closed at the ve  read more
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EUR-USD prediction today may 16 2012

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

The euro continued its slide against the U.S. dollar on Wednesday, up slightly after hitting a four-month low,  read more
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EUR/USD Forecast Review 15 May 12

posted by Avatar thegeekknows 11 days ago in USD, EUR, Daily made popular 11 days ago

This forex forecast review touches on the fundamental and technical aspects of the currency pair.  read more
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GBP/USD Stabilizes Around 1.61

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

On Monday Pound/Dollar increased with 70 pips. The Cable appreciated from 1.6049 to 1.6123 yesterday, in line with the positive money flow sentiment at over +6%, closing the day at 1.6086. Today the British Pound is trading quietly, with movements at ...  read more
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FxPro Daily Forex Brief | Another bad hair day

posted by Avatar forextrader2011 11 days ago in Daily made popular 11 days ago

Risk Assets Suffer | Bond Vigililantism | Europe's Inflexion Point | Gold Weakens  read more