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USD/JPY Forecast May 16, 2012, Technical Analysis

posted by Avatar FXEmpire 11 days ago in USD, JPY, Technical made popular 10 days ago

The USD/JPY pair rose during the Tuesday session as the Dollar gained against almost all currencies. The pair has been sitting at the 80 handle for several sessions now, and it looks as if the level could cause a bounce. It would make sense if it read more
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Natural Gas Fundamental Analysis May 16, 2012, Forecast

posted by Avatar FXEmpire 11 days ago in Fundamental, Daily made popular 11 days ago

Analysis and Recommendations:

Natural Gas continues to surprise the markets trading up today at 2.464 adding 0.033. Markets seem to believe that many producers are closing down or lowering production. This is more like manipulation to drive up read more
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Crude Oil Fundamental Analysis May 16, 2012, Forecast

posted by Avatar FXEmpire 11 days ago in Fundamental, Daily, Oil made popular 11 days ago

Analysis and Recommendations:

Crude Oil is trading at 94.53 down 0.25 in today’s session. U.S. crude prices dropped towards $94 a barrel on Tuesday, pressured by concerns that Europe would slip into a worse-than-expected recession. NYMEX crude read more
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Indian Share Market Tips For Today, 16th May 2012

posted by Avatar kiran1010 11 days ago in Technical made popular 11 days ago

Jindal Steel & Power Ltd. BUY call with Intraday Target of 479 and....read more !! read more
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Greek instability weighs on euro, risk currencies

posted by Avatar aussiemarket 11 days ago in all made popular 11 days ago

The euro held at four-month lows against the dollar on Wednesday ... read more
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Flash: AUD/USD could extend to 0.9600 and even 0.9400 - ANZ

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

The Australian Dollar ha been sliding merciless against the US Dollar, averaging over 50 pips loss in the last 12 trading days, since the pair's topside failure past 1.0470 kickstarted a massive roll over which as since ... read more
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USD/JPY: Trading the Japanese GDP

posted by Avatar forexcrunch 11 days ago in USD, JPY made popular 11 days ago

The Gross Domestic Product (GDP) measures production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity. A reading which is better than the market forecast is bullish for the Japanese yen.

H read more
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EUR/USD update (14th May 2012, 15:15)

posted by Avatar durkie 11 days ago in EUR, Economic Indicators made popular 11 days ago

EUR/USD trended down as worse-than-expected Italian GDP figures were released. The GDP for the first quarter fell by 1.3% on a year-on-year basis, from a contraction of 0.4% previously. It was expected to fall by 1.2%. The eurozone GDP and economic ... read more
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USD/CAD Fundamental Analysis May 16, 2012, Forecast

posted by Avatar Reno 11 days ago in CAD made popular 11 days ago

The USD/CAD traded at 1.0025 remains above parity, as the CAD gained a bit of momentum against the USD, in late day trading. The US was a mixed bag today, retail sales just eked by under forecast, along with CPI otherwise most eco data was at forecast, ... read more
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GBPUSD Bangs On Trend Line And Fibo Support

posted by Avatar ejc 11 days ago in GBP, Technical, Daily made popular 11 days ago

The GBPUSD is banging against trend line support on the daily chart and the 61.8% of the move up from the April 16th low to the high reached on April 30th 2012. Those levels come in at 1.5996 and 1.6001y respectively.....more. 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 Approaching Key Support Area Ahead of the BoE

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

The fell over the 5/15 Asian-European session, and continued to slide in early US session.The 1H chart shows the pair tagging the lower bollinger band which is 3 standard deviations from the 200 simple moving average here. The ability to do that read more