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EUR/GBP Forecast for the Week May 28, 2012, Tech Analysis

posted by Avatar FXEmpire 2 hours 36 minutes ago in GBP, Technical, Weekly made popular 30 minutes ago

The EUR/GBP pair continued the downtrend this past week as the 0.80 level was once again violated. The market managed to close below it this time though, and as a result it looks as if we are going to see further Euro weakness.

The pair is ess  read more
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Gold Prices May 28, 2012, Technical Analysis

posted by Avatar FXEmpire 2 hours 42 minutes ago in Technical, Daily, Gold made popular 1 hour 31 minutes ago

The gold markets rose during the session on Friday as the choppiness continues. The $1,500 level below is a “last stand” for the bulls, and there is a good chance that several funds are finding their way into the markets as we approach this area.  read more
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AUD/USD Forecast Review 28 May 12

posted by Avatar thegeekknows 1 day 2 hours 40 minutes ago in USD, AUD, Weekly made popular 23 hours ago

AUD/USD goes below 0.98 as bearish sentiments increases. Popular AUD/USD forecast by the Forex Koala. Technical and fundamental analysis.  read more
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Müllentsorgung

posted by Avatar ArabRevolt 1 day 4 hours ago in Trading Psychology made popular 1 day 2 hours 30 minutes ago

Müllentsorgung , Hat sich etwa einiges an Müll angesammelt, das Sie nun entsorgen möchten?
Oder möchten Sie, dass Ihr Müll täglich entsorg...  read more
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Japanese Yen Reversal To Take Shape On Intervention Threats, BoJ

posted by Avatar czarinacleopatra 1 day 12 hours ago in USD, EUR, JPY made popular 1 day 11 hours ago

Although the BoJ preserved its current policy in May, Governor Masaaki Shirakawa held a highly dovish tone while speaking to parliament and vowed to tackle the risks surrounding the region as it aims to achieve the 1% target for inflation.  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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C$ slightly weaker as European fears weigh

posted by Avatar WebMarket 1 day 21 hours ago in all made popular 1 day 18 hours ago

Canada's dollar was slightly weaker against its US ...  read more
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EUR/USD Cracks 1.25; 1.2330-1.2350 is the Next Key Support

posted by Avatar FXTimes 1 day 23 hours ago in USD, EUR, Technical made popular 1 day 21 hours ago

The EUR/USD continues to hold below 1.26. We can see in the 1H chart that the attempt to break it in the 5/24 US session was quickly rejected even though 1.26 was cracked. After a bounce from the week’s low near 1.2510, there was another test of  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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ForexLive European Morning Wrap: Mild Risk On Backdrop

posted by Avatar ejc 2 days ago in Fundamental, Daily made popular 1 day 23 hours ago

European stocks, gold, oil, US treasury yields all marginally firmer, reflecting a mild risk on backdrop.
EUR/USD up at 1.2585 from early 1.2530, having reached the dizzy heights of 1.2603 at one stage. The release of slightly better than expe  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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EU Recession Threat Boosts USD

posted by Avatar PureFX 2 days ago in Fundamental, Sentiment, Daily made popular 2 days ago

The USD has edged up against the euro, as economic data reveals Europe to be plunging into deep recession.  read more