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NZD/USD Forecast May 28, 2012, Technical Analysis

posted by Avatar FXEmpire 2 hours 42 minutes ago in USD, NZD, Technical made popular 2 hours 11 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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AUD/USD Outlook May 28 – June 1

posted by Avatar forexcrunch 3 hours ago in USD, AUD, Technical made popular 55 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 read more
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Weekly Forex Chart Price Action Outlook - Nial Fuller

posted by Avatar Nial-Fuller 9 hours ago in Technical, Weekly made popular 9 hours ago

Weekly Forex Chart Outlook read more
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USD strength may not last

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

The Fed won't admit to it, but a weak US$ seems to be its stealth policy given America's increased dependency on exports (now at a record 14% of GDP), and the need to support prices in a slow US growth environment." Krishen Rangasamy, Senior Economist ... 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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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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25/05/2012Euro declines on Spanish bank run rumours

posted by Avatar JoryEd 1 day 17 hours ago in EUR made popular 1 day 16 hours ago

The euro fell to its lowest point against the USD since mid-2010 this week, as concerns about a Greek exit from the euro and a Spanish bank run escalated. Here is my latest update on the euro exchange rate, covering the 18th to 25th May 2012. 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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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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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 Gold Crude Oil Tips Trend and NCDEX Tips for Today 25 Ma

posted by Avatar commodity007 1 day 23 hours ago in Technical, Gold made popular 1 day 22 hours ago

Gold Trend Today :- Rupee trick has turned against Dollar. Domestic Market has changed commodity strengthen due to latest move of rupee. Copper, crude oil, Gold and silver are traded on edge in International Market But in Domestic Market all Comm read more