FreshPips.com / User / forexanalysis / Voted

Cowabunga System Daily Update: Friday, 05/15/09

posted by tradingpip 1107 days ago in Technical made popular 1107 days ago

There was a moving average crossover for a long trade. RSI was greater than 50, stochastics were trending up and MACD was negative and gaining value. This was a valid entry.

Discuss

Another Jolt of Optimism!

posted by dennis 1107 days ago in Fundamental, Special made popular 1107 days ago

Maybe we are just sticklers for detail. And maybe it's simply rear-view mirror stuff we are worried about. But we keep having trouble with the use of the term "optimism" when two of the world's biggest exporters--China and Germany--aren't doing

Discuss

Dollar climbs against rivals

posted by xjessicax 1107 days ago in USD, JPY, Fundamental made popular 1107 days ago

The dollar and yen rose Friday as worries persisted about global economic prospects despite a batch of better-than-expected U.S. economic data, prompting investors to seek shelter in these two currencies.

Discuss

France slams into recession, set for 3 percent retreat

posted by chloegurl 1107 days ago in EUR, GDP made popular 1107 days ago

The global downturn slammed France into official recession yesterday and the government forecast activity would contract by 3.0 percent over the whole year.

Discuss

Euro Declines as Economy Contracts Most in at Least 13 Years

posted by keiragabe 1107 days ago in USD, EUR made popular 1107 days ago

The euro fell against the dollar and extended a weekly loss versus the yen as the economy of the 16- nation region contracted the most in at least 13 years, raising concern the pace of recovery will be slow.

Discuss

USD/JPY Technical Analysis

posted by andes 1107 days ago in USD, JPY, Technical made popular 1107 days ago

After a mild rebound yesterday above 96.00, the pair continues to trend lower since as downward momentum seems unfazed. Risk appetite increased slightly yesterday but appears to have waned down for now as GDP figures out of the Euro area members

Discuss

USD/CAD - US Dollar Canadian Dollar Analysis

posted by COTwatcher 1108 days ago in USD, CAD, Technical made popular 1108 days ago

1,1716. USD CAD is in a consolidation after the last bullish movement. USD CAD is in a range between 1,1680 and 1,1810. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands

Discuss

New Zealand Dollar Slumps To 8-day Low Against Aussie

posted by Orci 1108 days ago in AUD, NZD

Friday in Asia, the New Zealand dollar tumbled to its lowest level in almost 8-days against the Aussie after a report showed that New Zealand's retail sales fell for the sixth consecutive quarter in the first three months of 2009 as consumers res

Discuss

Oil steadies below $US59

posted by LosingGain 1108 days ago in Oil

Oil prices paused below $US59 on Friday as investors weighed stronger equities, a steady dollar and a gloomy demand forecast by the International Energy Agency.

Discuss

Euro Down as German GDP Falls More than Expected

posted by topforexnews 1108 days ago in EUR made popular 1108 days ago

The Eurozone single currency declined against all other major currencies today after the news went out that the economy of Germany contracted at a fastest pace in decades last quarter.

Discuss

Forex Daily Outlook - May 15th 2009

posted by Yohay 1108 days ago in Daily made popular 1108 days ago

Busy day today at forex trading: European GDP, American CPI and TIC Long-Term Purchases are the highlights. But there’s lots more…

Discuss

EUR/JPY - Euro Yen

posted by KiwiTrader 1108 days ago in EUR, JPY, Technical made popular 1108 days ago

130,82. EUR JPY broke 130,25 resistance. EUR JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Oscillators are neutral. The price should continue to move in 128,90 / 131,40 range.

Discuss