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NZD/USD Forecast May 28, 2012, Technical Analysis

posted by Avatar FXEmpire 2 hours 40 minutes ago in USD, NZD, Technical made popular 2 hours 9 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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Dollar Index Analysis Update – 26th May 2012

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

Dollar Index Analysis Update – 26th May 2012  read more
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Has China reached it's peak?

posted by Avatar thegeekknows 20 hours ago in Fundamental, Weekly, GDP made popular 19 hours ago

This opinion article explores if China has reached it's economic peak.  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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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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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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MCX Base Metal Tips Trend for Today

posted by Avatar preeti00 2 days ago in Technical, Daily, Gold made popular 1 day 21 hours ago

MCX Market is trading in a downtrend and is advised to trade with caution in the commodity market.  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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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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Euro wallows at 2-year lows as EU jitters rattle markets

posted by Avatar yosoybeloved 2 days ago in EUR, JPY made popular 2 days ago

* EUR option barriers at $1.2500; stops at $1.2480 * Market could consolidate around $1.25 * Break of the level targets June 2010 low of $1.1876 * USD/JPY supported by importers, short-covering * Long US weekend could limit volatility By Antoni ...  read more
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USD/JPY: Worth a medium-term long play?

posted by Avatar penpip 2 days ago in USD, AUD made popular 2 days ago

Reports from prime brokers suggest that the market is heavily short EUR/JPY and I'm guessing that there are similar shorts in risk-aversion plays like AUD/JPY as well. I'm thinking that the trade which is most likely to surprise could be a USD/JPY ...  read more
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Australian Dollar Outlook - 05/25/2012

posted by Avatar penpip 2 days ago in USD, EUR, JPY, GBP, CAD, AUD made popular 2 days ago

Reinforcing the need for stimulus in China, the HSBC flash manufacturing PMI eased slightly in May to 48.7 showing a tough growth environment for smaller manufacturers. There are no data releases due today therefore we expect the AUD to continue its ...  read more