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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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Seoul shares seen down for 6th-straight day on Greece woes

posted by Avatar kimclaud 11 days ago in EUR made popular 11 days ago

Investors may find some solace after Germany posted stronger-than-expected growth in the first quarter while underlying strength in demand and a rebound in manufacturing activity in New York State calmed concerns that the US economy was stalling. 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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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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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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Traders Pare Back Commodity Currency Longs, Pile On Euro Sho

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

In an interesting shift in demand, currency traders pared back on exposure to major commodity bloc currencies over the past weekly period ending May 8th. Notably, the recent risk aversion sentiment due to Europe has negatively affected both the read more
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Daily Chart Art - May 15, 2012

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

If you're a fan of retracements and break-and-retest plays, then these chart setups could be for you. Check out these potential pullbacks on EUR/JPY, GBP/USD, and NZD/USD! read more
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USD/JPY Technical Outlook – May 15th

posted by Avatar forexalliancecom 11 days ago in JPY, Technical, Special made popular 11 days ago

Japanese yen weakness is helping the USDJPY exchange rate to rise above key resistance at 80.00. However, with confluence of barriers up ahead, the current bid momentum may only be temporary. 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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GDP/USD: Trading the British Claimant Count Change

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

The UK Claimant Count Change measures the change in the number of people claiming unemployment benefits. Along with the Unemployment Rate indicator, which is released at the same time, it provides a snapshot of the employment market in the UK. A read more
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Daily Technical Strategist: USDCAD

posted by Avatar FXTechstrategy 11 days ago in USD, Technical, Daily made popular 11 days ago

USDCAD: We continue to hold onto our downside view on USDCAD as it trades below its key resistance at the 1.0048/51 levels. read more
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Euro Area Barely Avoided Recession in Q1; Economic Sentiment

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

A slew of GDP data coming out of the Eurozone were released during the 5/15 European trading session. 2012 Q1 GDP estimates France: 0.0%, forecast 0.0%, previous 0.1% (revised from 0.2%) – Flat as expected.
Germany: 0.5%, forecast 0.1%, previous read more