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EUR/GBP Forecast for the Week May 28, 2012, Tech Analysis

posted by FXEmpire 2 hours 28 minutes ago in GBP, Technical, Weekly made popular 23 minutes ago

The EUR/GBP pair continued the downtrend this past week as the 0.80 level was once again violated. The market managed to close below it this time though, and as a result it looks as if we are going to see further Euro weakness.

The pair is ess

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Gold Prices May 28, 2012, Technical Analysis

posted by FXEmpire 2 hours 35 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.

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AUD/USD Outlook May 28 – June 1

posted by forexcrunch 3 hours ago in USD, AUD, Technical made popular 50 minutes ago

The Australian dollar managed to hold steady this week, but has still lost around six cents against the US dollar in the month of May. The upcoming week is quite busy, with nine releases. Here is an outlook for the Australian events, and an updat

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ZuluTrade Review Progress 27 May 12

posted by thegeekknows 5 hours ago in Sentiment, Weekly, Trading Psychology made popular 4 hours ago

492 pips gained since inception. Current market conditions poses a big challenge. Is the live test in danger?

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Monetary Policy Week in Review - 26 May 2012

posted by cbn 13 hours ago in JPY, Fundamental, Weekly made popular 12 hours ago

The past week in monetary policy saw 9 central banks reviewing interest rate settings. Three central banks reduced their monetary policy interest rates: Vietnam cut another -100 basis points to 12.00%, Denmark trimmed -10 basis points to 0.60%,

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Dollar Index Analysis Update – 26th May 2012

posted by forexfx4x 19 hours ago in USD, Technical, Weekly made popular 18 hours ago

Dollar Index Analysis Update – 26th May 2012

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C$ slightly weaker as European fears weigh

posted by WebMarket 1 day 21 hours ago in all made popular 1 day 18 hours ago

Canada's dollar was slightly weaker against its US ...

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ForexLive European Morning Wrap: Mild Risk On Backdrop

posted by ejc 2 days ago in Fundamental, Daily made popular 1 day 23 hours ago

European stocks, gold, oil, US treasury yields all marginally firmer, reflecting a mild risk on backdrop.
EUR/USD up at 1.2585 from early 1.2530, having reached the dizzy heights of 1.2603 at one stage. The release of slightly better than expe

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Daily Technical Strategist: GBPJPY

posted by FXTechstrategy 2 days ago in GBP, Technical, Daily made popular 1 day 22 hours ago

GBPJPY – Having continued to hold on to its broader downside GBPJPY looks to target the 124.63 level.

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Gold Prices Forecast May 25, 2012, Technical Analysis

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

The gold markets attempted a rally on the session for Thursday, but as the Dollar gained in later hours, the gold markets wilted. The failure of a rally and the subsequent shooting star that formed for the Thursday session just proves how weak th

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Euro wallows at 2-year lows as EU worries rattle markets

posted by keiragabe 2 days ago in EUR, AUD made popular 2 days ago

* EUR option barriers at $1.2500; stops at $1.2480 * Break of $1.25 targets June 2010 low of $1.1876 * USD/JPY supported by importers, short-covering * DXY at its highest since Sept 2010 * Sell-off in Asian currencies weighs on Aussie By Antoni ...

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Canadian Dollar Remains Depressed by European Crisis

posted by 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.

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