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USD/JPY Forms Symmetrical Triangles on H4

posted by Avatar topforexnews 5 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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ZuluTrade Review Progress 27 May 12

posted by Avatar 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? read more
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USD/CAD breaks 1.03, housing in focus

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

By Adam Button || May 25, 2012 at 17:38 GMT The touted barriers that were protecting 1.03 in USD/CAD gave way as liquidity thins out. Worries about the Canadian house price market ebbed on today's data from CREA that showed a 0.8% rise but the details ... read more
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GBP/USD Fundamental Analysis May 25, 2012, Forecast

posted by Avatar FXEmpire 2 days ago in USD, GBP, Fundamental made popular 2 days ago

The GBP/USD traded in a fairly tight range today, closing at 1.5696. Remembering that the GBP was in striking range of the 1.63 price level just a fortnight ago. The UK continues to see negative eco data, and a weak housing market. 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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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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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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Euro wallows at 2-year lows as EU worries rattle markets

posted by Avatar 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 ... read more
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Singapore Stocks-May rise on higher US; Greece worries may cap

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

----------------------MARKET SNAPSHOT @ 0009 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1320.68 0.14% 1.820 USD/JPY 79.62 0.1% 0.060 10-YR US TSY YLD 1.786 -- 0.003 SPOT GOLD 1556.89 -0.09% -1.360 US CRUDE 90.87 0.23% 0.210 DOW JONES ... 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
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Commodity Prices — May 24th 2012

posted by Avatar commodityblog 2 days ago in Gold, Oil, Agriculture made popular 2 days ago

Commodity Prices — May 24th 2012 read more
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Cowabunga System Daily Update: Thursday, 05/24/2012

posted by Avatar EJSuratos 2 days ago in USD, GBP, Daily made popular 2 days ago

It was a decent day as I was able to grab 15 pips off of two trades! See how it all went down in today's Cowabunga Surf Report. read more