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NZD/USD Outlook May 28- June 1

posted by Avatar forexcrunch 4 hours ago in USD, NZD made popular 3 hours ago

NZD/USD continued its free fall, but at least escaped the very steep channel. Has it found a bottom after diving so deep? NBNZ Business Confidence is the highlight of this week. Here’s an outlook for the events in New Zealand, and an updated tech read more
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Special Focus: USDCHF (Week Ahead)

posted by Avatar FXTechstrategy 23 hours ago in USD, Technical, Special made popular 20 hours ago

USDCHF: With the pair violating the 0.9499 level and slightly closing higher above the 0.9591 level, its Jan 2012 high on a rally the past week, its broader uptrend is set to continue. read more
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GBP/USD - nearing an important weekly support

posted by Avatar kingsoom 1 day 2 hours 13 minutes ago in GBP made popular 23 hours ago

All of the major currencies playing against the usd dollar have been seriously struggling and falling the last couple weeks. Now the gbp/usd is nearin... read more
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USD To Stay Afloat Amid Holiday Trade, Look To Sell AUD Correction

posted by Avatar defferson 1 day 16 hours ago in USD, Economic Indicators made popular 1 day 12 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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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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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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Daily Forex Fundamentals - May 25, 2012

posted by Avatar EJSuratos 1 day 20 hours ago in Fundamental, Daily made popular 1 day 17 hours ago

It's the last day for you cool cats to make pips for this week, so make sure you know what's up in the forex market. Read up on my daily forex fundamentals report! read more
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Trade your way to the euro 2012

posted by Avatar ACFXAtlascapital 1 day 20 hours ago in USD, EUR, JPY made popular 1 day 19 hours ago

Win 2x tickets to watch the EURO 2012 Final
which will take place in Kyiv, Ukraine, including hotel accommodation (bed and breakfast),
€1.000 to be used for travel expenses to Kyiv and transport to and from the event location. read more
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USD/CAD Trading in an Ascending Triangle

posted by Avatar FXTimes 1 day 22 hours ago in USD, CAD, Technical made popular 1 day 22 hours ago

The USD/CAD continues to tap at the 1.03 handle. The 1.0280 and 1.0315 levels are previous resistance pivots. The 1H chart shows the market in an ascending triangle. There is also a sign of bullish momentum bias as the RSI failed to break below 4 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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US Dollar Over Valued

posted by Avatar Tantan 2 days ago in USD, EUR, GBP, CAD, AUD

Eurozone data is limited to GfK German Consumer Climate. GBP-USD is -35 pips at 1.5655 as trade tests critical support in the area. Sterling has been under pressure the past couple of sessions after the latest Bank of England MPC minutes suggested the ... read more
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EUR/JPY and GBP/JPY at Declining Channel Support

posted by Avatar FXTimes 2 days ago in EUR, JPY made popular 1 day 23 hours ago

Basically in both the EUR/JPY and GBP/JPY, we are ready for some corrective rally. However, there is still further downside before some more key support factors come in play. So without confidence for the bullish outlook from the current support, read more