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ForexLive: USD/JPY Reaches 50% Target and Stalls

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

The USD/JPY continued it’s move to the upside in trading overnight and extended to the 50% retracement target at 80.55...more.  read more
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European Factors to Watch - Fresh 2012 troughs seen for stocks

posted by Avatar Reno 10 days ago in all made popular 10 days ago

European stock index futures pointed to a sharply lower opening on Wednesday, with major bourses set to plumb fresh 2012 troughs as investors fret about a possible Greek exit from the euro zone and falling global demand for ...  read more
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Euro/USD Sharply Fell on Tuesday –Daily Recap May 15

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

The Euro/USD continued its descent and as reaching its lowest level since January 2012. The recent news of the higher than expected growth in Germany's GDP by 0.5% in the Q1 of 2012 didn't slow down the fall of the Euro; the anxiety is still high  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 10 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 trend chart for may 16 2012

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

EUR, EUR/Crosses vulnerable to more downside, given heightened risks that Greece may exit Euro,  read more
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crude oil prices forecast may 16 2012

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

how will impact european debt crisis on oil prices : Oil dropped for a fourth day in New York after U.S. crude stockpiles  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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How will impact Greek problems on euro currencies

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

The euro held at four-month lows against the dollar on Wednesday and may extend losses sustained so far this month after Greece said it will hold new elections  read more
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Australian Stock Mar/ket Report - Morning - 05/16

posted by Avatar realtrade 11 days ago in all, USD, EUR, JPY, CAD, AUD, Economic Indicators made popular 11 days ago

The Aussie dollar fell from highs of US100.12c to US99.19c and ended US trade near US99.30c. And the Japanese yen held between 79.80 yen per US dollar and JPY80.30 and was near JPY80.25 at the close of US trade. Benchmark crude oil prices were mixed on ...  read more
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Wheat Benefits from Weather, Oil & Rubber Slip on Greece

posted by Avatar commodityblog 11 days ago in Fundamental, Oil, Agriculture made popular 11 days ago

Wheat posted the biggest gain in more than two weeks as adverse weather in the United States threatens to curb output. Oil and rubber fell on political turmoil in Greece.  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 Where Might Unwinding Meet Selling Again?

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

By Fan Yang After a 2-week tumble from about 1.3280 to 1.2810, the EUR/USD started to stall against this trend in the 5/15 European session. The Euro Area avoided a recession in Q1 on the back of positive German GDP data. In my opinion, the data is not ...  read more