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Gold Prices May 28, 2012, Technical Analysis

posted by Avatar FXEmpire 2 hours 34 minutes ago in Technical, Daily, Gold made popular 1 hour 23 minutes ago

The gold markets rose during the session on Friday as the choppiness continues. The $1,500 level below is a “last stand” for the bulls, and there is a good chance that several funds are finding their way into the markets as we approach this area. read more
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USD/CAD Outlook May 28 – June 1

posted by Avatar forexcrunch 3 hours ago in USD, CAD made popular 3 hours ago

The Canadian dollar continued its retreat against the greenback, but USD/CAD didn’t cross critical resistance so far. Will it stabilize here? Gross Domestic Product is the highlight of this week. Here’s an outlook for the Canadian events and an u read more
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USD/JPY Forms Symmetrical Triangles on H4

posted by Avatar topforexnews 4 hours ago in USD, JPY, Technical made popular 3 hours ago

USD/JPY has formed an almost ideal symmetrical triangles pattern on its H4 chart. The formation dates back to May 16. read more
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Euro Continues To Search For Support, Sterling Still Eyeing 1.5600

posted by Avatar chloegurl 1 day 18 hours ago in USD, EUR, GBP made popular 1 day 18 hours ago

By DailyFX 05/25/12 - 10:20 AM EDT By David Song, Currency Analyst Higher interest rates will do more good for savers than they will do damage to borrowers. By Doug Kass If you combine the technical picture with the European uncertainty there's good ... read more
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Trade your way to the euro 2012

posted by Avatar ACFXAtlascapital 1 day 20 hours ago in USD, EUR, JPY made popular 1 day 19 hours ago

Win 2x tickets to watch the EURO 2012 Final
which will take place in Kyiv, Ukraine, including hotel accommodation (bed and breakfast),
€1.000 to be used for travel expenses to Kyiv and transport to and from the event location. read more
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Overview on the CAD amid the markets turmoil

posted by Avatar Lacy 1 day 21 hours ago in CAD made popular 1 day 19 hours ago

Shaun Osborne, Chief FX Strategist and Greg Moore, FX Strategist at TD Securities Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for ... read more
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EUR/USD Cracks 1.25; 1.2330-1.2350 is the Next Key Support

posted by Avatar FXTimes 1 day 22 hours ago in USD, EUR, Technical made popular 1 day 21 hours ago

The EUR/USD continues to hold below 1.26. We can see in the 1H chart that the attempt to break it in the 5/24 US session was quickly rejected even though 1.26 was cracked. After a bounce from the week’s low near 1.2510, there was another test of read more
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Friday Volatility 05-25-12

posted by Avatar Boston4X 1 day 23 hours ago in CHF, Technical, Sentiment made popular 1 day 22 hours ago

The SPX 500 sits about 3 points higher than Thursday’s close on the S&P 500 (as of 8:28am ET). read more
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Japanese Yen Remains Stronger Against European Currencies

posted by Avatar MMarquit 1 day 23 hours ago in JPY made popular 1 day 22 hours ago

The Japanese yen continues to appreciate against European currencies, thanks to the uncertainty in Europe. Concerns about what’s next for the eurozone are weighing on risk, and the Japanese yen is once again being used as a safe haven currency. read more
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Euro off near 2-yr lows, but seen struggling

posted by Avatar yen2yen 2 days ago in all made popular 2 days ago

The euro inched up from two-year lows against the dollar ... read more
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EU Morning Report- Euro remains under pressure

posted by Avatar Ving 2 days ago in USD, EUR, GBP, CHF, CAD, AUD

Oil edged higher to 91.50 dollars a barrel from 89.80. Gold (XAU) climbed to 1577.87 dollars an ounce from 1551.79 but later it gave up its gains to trade at 1551.12 and against the euro it rose to 1244.10 from 1241.10. Silver (XAG) rose to 28.53 ... read more
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Gold Fundamental Analysis May 25, 2012, Forecast

posted by Avatar FXEmpire 2 days ago in Fundamental, Daily, Gold made popular 1 day 23 hours ago

Gold climbed today adding over 20.00 to reach 1569.15.

Overall market sentiments continue to reel under pressure from the lingering euro zone financial crisis and, weak economic indicators from Euro Zone and China added additional pressure ove read more