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

posted by Avatar FXEmpire 2 hours 31 minutes ago in GBP, Technical, Weekly made popular 26 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  read more
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11 Forex Trading Tips from Your Fellow Traders

posted by Avatar EJSuratos 1 day 15 hours ago in Trading Psychology made popular 1 day 12 hours ago

In most of the posts I write, I usually pull from my expertise and personal experiences to help both budding and experienced traders in their trading. But this time, I'd like to do something different. Find out what I have in store for you after  read more
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Canadian dollar hits four-month low on euro zone worries

posted by Avatar AussieTrader 1 day 18 hours ago in CAD made popular 1 day 16 hours ago

The Canadian dollar tumbled to a four-month low against its US counterpart on Friday as investors fretted about Spain's deteriorating finances and a possible Greek exit from the euro. The euro plumbed a 22-month low ...  read more
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Daily Chart Art - May 25, 2012

posted by Avatar EJSuratos 1 day 20 hours ago in Technical, Daily made popular 1 day 20 hours ago

On today's menu: the British pound special! We've got finger lickin' good setups on GBP/USD, GBP/JPY, and EUR/GBP that you shouldn't miss!  read more
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GBP/USD Stabilizes Above 1.565

posted by Avatar stewie 2 days ago in USD, EUR, CAD, AUD made popular 1 day 23 hours ago

On Thursday Pound/Dollar traded within 90 pip range. The Cable appreciated from 1.5637 to 1.5727 yesterday, in converse with the negative money flow sentiment at nearly -28%, closing the day at 1.5662. Today the British Pound is trading quietly, ...  read more
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Daily Technical Strategist: GBPJPY

posted by Avatar 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.  read more
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EUR/CHF Fundamental Analysis May 25, 2012, Forecast

posted by Avatar FXEmpire 2 days ago in EUR, CHF, Fundamental made popular 2 days ago

The EUR/CHF strengthened today in an unexpected move, as the pair is now trading at 1.2038. Late in trading the pair soared to hit a high of 1.2068 and then declined to trade at 1.2038  read more
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Gold Prices Forecast May 25, 2012, Technical Analysis

posted by Avatar 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  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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Binary Options Daily Setup May 25th 2012

posted by Avatar bocrunch 2 days ago in USD, CHF, Consumer

Today, Friday, May 25th produces 2 new trading events. These events provide excellent trading opportunities for binary options traders. The U.S. Revised UoM Consumer Sentiments today, will probably have an effect on the USD/JPY.  read more
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Market Analysis-AUD/USD

posted by Avatar kingsoom 2 days ago in AUD made popular 2 days ago

The Aud/usd is still falling against the us dollar. will this weakness continue  read more
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AUD/USD refuses to stay below 0.9700

posted by Avatar ColdFire 2 days ago in AUD made popular 2 days ago

... down to record 2012 lows at 0.9690 Wednesday by mid NY, and up to yesterday's highs at 0.9813 by early NY, AUD/USD stays at the exact same spot where it was back on Wednesday by Tokyo open, that is, last at 0.9766, and same with gold, now at $1558.  read more