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Gold Buyers Back. Tests Underside Of Broken Trend Line

posted by Avatar ejc 9 days ago in Technical, Daily, Gold made popular 9 days ago

The Gold buyers have entered today after not being able to extend below the most recent lows From September and December 2011. The rally hast taken the price up to the broken underside of the the channel trend line at the $1575 area....more.  read more
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MCX copper and Nickel trading tips, Crude oil tips for toda

posted by Avatar mmfssbm 9 days ago in Technical, Fundamental made popular 9 days ago

That is why it is bounce in crude oil. MCX base metals have accelerated in today. MCX to see the strength of the base metals are in the 0.5-1 per cent. Copper Jun below buy 421 targets 428, stop loss 418.Get more trading tips  read more
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How to Trade Forex as Euro Reaches Four-Month Low

posted by Avatar doctorE 10 days ago in EUR made popular 9 days ago

So, how are you going to trade forex with the value of the euro falling and no resolutions coming out of Greece? Many investors will be looking towards the safe haven of the US dollar to provide shelter from the storm. Lauren Rosborough, a senior ...  read more
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USD/JPY Forecast May 17, 2012, Technical Analysis

posted by Avatar FXEmpire 10 days ago in USD, JPY, Technical made popular 9 days ago

The USD/JPY pair rose during most of the session on Wednesday as the pair continues to find support in the 80 “area”. However, the daily candle looks like a shooting star, and as a result it looks like the pair isn’t quite ready to take off yet.  read more
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Natural Gas Forecast May 17, 2012, Technical Analysis

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

The natural gas markets had another strong day on Wednesday, continuing to gain and close above the $2.50 level. The move has been impressive, but the fundamentals aren’t changing. The supply far outweighs the demand, and this market seems to be  read more
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USD/JPY in red after flash Q1 GDP

posted by Avatar provision 10 days ago in JPY, Economic Indicators made popular 10 days ago

Another positive data for the Japanese economy came with the industrial production, rising 1.3% MoM in March and 14.2% over the last twelve months. No further data are expected for the rest of the week, although the yen would be under pressure as long ...  read more
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US wheat futures extend rally on dry weather threat

posted by Avatar recessionfear 10 days ago in USD, EUR, AUD, Commodities made popular 10 days ago

The US Department of Agriculture said exporters sold 900000 tonnes of US corn to China, including 180000 tonnes of old-crop supplies, even as China said it expected a record-large domestic corn crop in 2012. * The China National Grain and Oils ...  read more
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Who's Buying? - A U.S. Retail Sales Report Review

posted by Avatar EJSuratos 10 days ago in USD, Special, Retail Sales made popular 10 days ago

The April U.S. retail sales report is out, but unfortunately, the numbers didn't quite match up too well. Shall we take a closer look at the figures and see who's buying?  read more
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Waiting For Break of Trend Line on EUR/AUD

posted by Avatar EJSuratos 10 days ago in EUR, AUD, Special made popular 10 days ago

One reason why I love trading the cross-currency pairs is because it gives me plenty of trading opportunities to choose from! Read on to check out this trade setup on EUR/AUD!  read more
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Is There A Sell Off Coming For The Yen?

posted by Avatar insensitive 10 days ago in JPY made popular 10 days ago

For weeks the forex markets have been focused on the plight of the euro and the economies in the eurozone. The bears were perplexed, as the euro versus the US dollar continued to find support around the 1.30 handle. We suspected, as did other analysts, ...  read more
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Trend Trading with EMA´s

posted by Avatar Fxmegaforex 10 days ago in Technical made popular 10 days ago

Trend trading with EMAs:

Time Frame: 1 day, 1 hour or 30 min.

Currency: Any

Indicators: 80EMA, 21EMA, 13EMA, 5EMA, 3EMA, RSI (21)

Entry:  read more
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Yen Falls as Traders Anticipates Intervention from BoJ

posted by Avatar commodityblog 10 days ago in USD, JPY, Fundamental made popular 10 days ago

The Japanese yen fell against other major currencies today on speculation that the Bank of Japan will continue its efforts to weaken the currency. Even fears of the European debt crisis were not been able to help Japan’s currency.  read more