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Silver Forecast May 28, 2012, Technical Analysis

posted by Avatar FXEmpire 2 hours 37 minutes ago in Technical, Daily, Metals made popular 2 hours 26 minutes ago

The silver markets rose slightly during the session on Friday. The market has been selling off lately as the $30 level giving way was a sign that the bearish momentum was going to pick up. However, the $27 level has offered nice support, and it n  read more
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China and Japan to Bypass USD for Direct Yuan-Yen Trading

posted by Avatar FXTimes 16 hours ago in JPY, Fundamental, Special made popular 15 hours ago

China and Japan are planning to trade directly without the USD as the common currency to determine the “cross-rate”. Instead, the transactions from trading activities will determine the exchange rate. This is a step to promote trading between the  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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EURUSD Technical Analysis 25th may 2012

posted by Avatar forexfx4x 1 day 3 hours ago in USD, Technical, Weekly made popular 1 day 3 hours ago

EURUSD Technical Analysis 25th may 2012.  read more
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USD To Stay Afloat Amid Holiday Trade, Look To Sell AUD Correction

posted by Avatar defferson 1 day 15 hours ago in USD, Economic Indicators made popular 1 day 11 hours ago

By Daniel Dicker The Dow Jones-FXCM US Dollar Index (Ticker: USDollar ) remains 0.07 percent higher from the open after moving 89 percent of its average true range, but we are still watching the bearish divergence in the 30-minute relative strength ...  read more
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Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD

posted by Avatar peppercorn 1 day 16 hours ago in USD, EUR, JPY, GBP, CAD, AUD made popular 1 day 15 hours ago

Risk aversion has continued to support the USD in its role as "safe-haven" asset with the ongoing fears that the Eurozone remains on shaky ground. Meanwhile, the outlook for the US economy continues to improve with consumer confidence far surpassing ...  read more
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EUR/USD Tests 1.2514 Low From Yesterday

posted by Avatar ejc 1 day 21 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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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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Bank of Russia To Buy Considerable Figure" Of Gold Tonnage in 2012

posted by Avatar Pete 2 days ago in USD, EUR, GBP, CAD, AUD, Commodities made popular 1 day 21 hours ago

By Mark O`byrne Gold's London AM fix this morning was USD 1560.50, EUR 1240.66, and GBP 996.04 per ounce. Yesterday's AM fix this morning was USD 1558.50, EUR 1239.27, and GBP 993.62 per ounce. Gold was off $1.70 or 0.11% in New York yesterday and ...  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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GBP/USD Forecast May 25, 2012, Technical Analysis

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

The GBP/USD pair has fallen again during the Thursday session to test the support level at the 1.5650 level. The level was our “line in the sand” for the bulls, and the fact that we have touched it for the session suggests that a decision has to  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