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NZD/USD Forecast May 28, 2012, Technical Analysis

posted by Avatar FXEmpire 2 hours 37 minutes ago in USD, NZD, Technical made popular 2 hours 6 minutes ago

The NZD/USD pair did very little at the end of the day on Friday. After first rising, and then falling – it never really went anywhere. The doji for the session shows how much trouble it is having as buyers try to prop the pair up at the 0.75 sup read more
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GBP/USD - nearing an important weekly support

posted by Avatar kingsoom 1 day 2 hours 2 minutes ago in GBP made popular 23 hours ago

All of the major currencies playing against the usd dollar have been seriously struggling and falling the last couple weeks. Now the gbp/usd is nearin... read more
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Japanese Yen Reversal To Take Shape On Intervention Threats, BoJ

posted by Avatar czarinacleopatra 1 day 12 hours ago in USD, EUR, JPY made popular 1 day 11 hours ago

Although the BoJ preserved its current policy in May, Governor Masaaki Shirakawa held a highly dovish tone while speaking to parliament and vowed to tackle the risks surrounding the region as it aims to achieve the 1% target for inflation. read more
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Dollar to Dominate until Greece a Done Deal

posted by Avatar yen2yen 1 day 17 hours ago in CAD made popular 1 day 16 hours ago

CAD: Canadian March Retail sales were mixed with a monthly sales gain of +0.4%, slightly ahead of expectations for a +0.3% rise. Retail sales ex-autos were up +0.1% vs. a +0.5% expected rise. USD: April's US new home sales rallied +3.3% to a seasonally ... read more
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EUR/USD Tests 1.2514 Low From Yesterday

posted by Avatar ejc 1 day 20 hours ago in EUR, Technical, Daily made popular 1 day 17 hours ago

The 1.2500 barrier option was broken and the subsequent corrective move higher took the price above the 38.2% -50% of the trend move down (see chart above). That move above the 50% took some steam out the trend move and although the price has si 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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German stocks - Factors to watch on May 25

posted by Avatar SoapBox93 2 days ago in all made popular 2 days ago

Related news GERMAN ECONOMIC DATA German consumer morale held steady going into June, the GfK market research group said on Friday, as business cycle expectations shot up despite renewed euro zone turbulence. EUROPEAN FACTORS TO WATCH DIARIES REUTERS ... read more
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Silver Forecast May 25, 2012, Technical Analysis

posted by Avatar FXEmpire 2 days ago in Technical, Daily, Metals made popular 2 days ago

The silver markets bounced just slightly on Thursday in an underwhelming effort to recoup some of the recent losses. The action lately has been very poor and this market looks broken. The $27 level is by far the most obvious support level, and a read more
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How To Set Up Meta Trader Forex Trading Platform

posted by Avatar Nial-Fuller 2 days ago in Trading Psychology made popular 2 days ago

How To Set Up Meta Trader Forex Trading Platform read more
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Canadian Dollar Remains Depressed by European Crisis

posted by Avatar commodityblog 2 days ago in USD, CAD, Fundamental made popular 2 days ago

The Canadian dollar fell today, dropping for the fourth straight day against its US peer, as fears of a collapse of the eurozone made Forex traders prefer the US currency to the Canadian one. The currency was flat against the yen. read more
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USD/JPY up notch or two, deflation, short-covers. TKO fix

posted by Avatar Tantan 2 days ago in USD, JPY made popular 2 days ago

USD/JPY is up a notch or two from recent lows in the low-79 region and looking to remain buoyant into the Tokyo fix and the weekend. It is the 25th, a Gotobi, and Japanese importer settlement demand is expected to be larger than usual. read more
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AUDUSD Update - Nial Fuller

posted by Avatar Nial-Fuller 2 days ago in AUD, Technical, Daily made popular 2 days ago

AUDUSD Update - Nial Fuller read more