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UK house prices up 2.0 pct yy in May

posted by Avatar christine 727 days ago in GBP, Housing made popular 727 days ago

May's monthly house price growth held steady at April's 3-month low of 0.2 percent while increases in sales, new buyers and new properties were all the weakest since January, when unusually icy weather caused widespread economic disruption. read more
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AUD/JPY Rallies To Test Important Resistance Level

posted by Avatar jonell 727 days ago in JPY, AUD made popular 727 days ago

Since breaking lower on the 5th of this month, AUD/JPY has been below its 15-day MA. The 50% retracement of the second leg fall from 84.50 to 81.90 comes in at the same level which is at 78.15 and that, along with Fridays’ high of 78.00, should p read more
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Euro buys a dead cat bounce

posted by Avatar hinata 727 days ago in EUR made popular 727 days ago

The euro has shown it was able to buy a dead cat bounce with a short-term euro/dollar rally from 1.22 to 1.27. The political announcements from a variety of European leaders were not enough to change the direction of the euro trend. This is relen read more
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Crude Oil Rises as USD Decline Increases Commodity Demand

posted by Avatar jerome 727 days ago in USD, Oil, Consumer made popular 727 days ago

Oil declined on May 28 after a decision by Fitch Ratings to strip Spain of its AAA credit grade pushed the euro lower. A report tomorrow in the U.S., the world’s biggest oil consumer, will probably show the nation’s manufacturing expansion slowed read more
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June '10 British Pound ** Bear Trend Correction **

posted by Avatar DannyBly 727 days ago in GBP, Technical, Daily made popular 727 days ago

Technically the MKT remains vulnerable to the downside. On the SELL side accept FADE, REVERSAL and BREAKOUT strategies. DIR and DP BREAKOUT strategies should just "go". A more conservative entry would be to wait for a positive reaction after a ne read more
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NZ Dollar Outlook: Kiwi fortunes mixed

posted by Avatar Binsonu 727 days ago in NZD made popular 727 days ago

The New Zealand dollar will be at the whim of local commodity prices and the outlook statement from central banks in Canada and Australia this week, with strategists mixed on the currency’s fortunes. read more
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Oil prices steadied after upwards drive

posted by Avatar vhinz316 727 days ago in EUR, Oil made popular 727 days ago

Oil prices steadied on Friday after an upwards drive was reversed by renewed concerns about the health of Europe's economy. read more
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USD/CAD Outlook – May 31 – June 4

posted by Avatar forexcrunch 727 days ago in CAD, Technical, Weekly made popular 727 days ago

A combination of GDP, a rate decision and employment figures promise an exciting week for the Canadian dollar. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. read more
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Daily Chart Art - May 31, 2010

posted by Avatar monstapips 727 days ago in JPY, Technical, Daily made popular 727 days ago

Is it already the end of May? My, how time flies - especially when you're having fun kickin' it with the FX-men! On Big Pippin's canvas today - the 4-hour charts on the EURUSD, AUDUSD and GBJPY! read more
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The Importance Of A Professional Forex Course

posted by Avatar jirachi 728 days ago in Special, Trading Psychology made popular 728 days ago

Despite of the fact that the majority of Forex traders loose their money, a lot of people join this community and start trading currencies also. Forex has become very accessible and in order to trade you need a computer with internet connection b read more
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New uptrend in the USD-CAD?

posted by Avatar jasumine 728 days ago in USD, CAD made popular 728 days ago

Until recently, the Canadian Dollar had been one of the best performing currencies. It reached the parity level with the US Dollar and staged strong rallies in. read more
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The Essentials of Foreign Exchange Trading

posted by Avatar megumi 728 days ago in Special, Trading Psychology made popular 728 days ago

The Essentials of Foreign Exchange TradingIdentity LoopFor investors, learning Forex trading presents an alternative investment choice to traditional stock market investing. read more