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GBP/USD Fundamental Analysis May 28, 2012, Forecast

posted by Avatar FXEmpire 2 hours 14 minutes ago in USD, GBP, Fundamental

The GBP/USD saw little activity today, closing at 1.5651 down 0.0018, as markets were very quiet, with little in the way of eco data and few words about the EU crisis in the news. The US has been very little with the beginning of a long holiday w read more
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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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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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Forex Technical Analysis for Week 05/28—06/01

posted by Avatar commodityblog 23 hours ago in USD, EUR, Technical made popular 22 hours ago

Technical analysis in form of pivot points, support/resistance levels and Fibonacci retracements for the next Forex trading week for EUR/USD, GBP/USD, USD/JPY, EUR/JPY and GBP/JPY. 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
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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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Euro off near 2-yr lows, but seen struggling

posted by Avatar yen2yen 2 days ago in all made popular 2 days ago

The euro inched up from two-year lows against the dollar ... 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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Crude Oil Prices May 25, 2012, Technical

posted by Avatar FXEmpire 2 days ago in Technical, Daily, Oil made popular 2 days ago

The Light Sweet Crude markets had a fairly flat session on Thursday as the market took a breather. However, the fact that it is just sitting at this low level suggests that the buyers simply aren’t stepping into the markets, which should be disco read more
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Yen lower, despite new round of risk aversion

posted by Avatar dennis 2 days ago in JPY made popular 2 days ago

USD/JPY is printing higher session highs last around the 79.75, gaining a +0.21% for the Asian trade, helped by positive inflation data coming out early in Tokyo showing a rise of +0.2% for the month of April in the Japan ... read more
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Forex Outlook for 05/25/2012

posted by Avatar goldsam 2 days ago in USD, Fundamental, Daily made popular 2 days ago

It is big events for forex market May 22, 2012 read more
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Spike of EUR/USD Leads to Speculation About SNB Intervention

posted by Avatar commodityblog 2 days ago in USD, CHF, Fundamental made popular 2 days ago

The Swiss franc fell after a spike of the EUR/USD currency pair lead to speculations that the Swiss National Bank may take additional measures to erode the role of the franc as a safe haven read more