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AUD/USD Intraday: Closer To Support Than Resistance

posted by Avatar lesz 712 days ago in USD, AUD, Technical made popular 712 days ago

Technically it looks like a ‘buy-dip’ strategy may pay more dividends on an intraday basis. The break-up level yesterday was .8550 and now that we are nearing that level again, buying dips would seem to be the sensible play.  read more
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House price growth to slow

posted by Avatar hachibi 712 days ago in AUD, Inflation, Housing made popular 712 days ago

Rising interest rates and weaker first home buyer activity will lead to slower house price growth in 2010, a leading economic forecaster says.  read more
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Strong Beginning, Tepid Finish For The Euro

posted by Avatar jirachi 712 days ago in USD, EUR made popular 712 days ago

EUR/USD rallied to the low 1.2270s straight out of the gate this morning, before running into sellers from central banks. Price consolidated below that level until the 15:00 GMT fixing when the offers were absorbed and prices rallied as high as 1  read more
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Loonie Falls From Highest Level in June on Greece Downgrade

posted by Avatar shadowf 712 days ago in CAD made popular 712 days ago

Canada’s dollar fell from the highest level this month as a downgrade of Greece rekindled concern that the global economic recovery will stall.  read more
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CAD backs off 4-wk high but finishes higher

posted by Avatar ezir 712 days ago in CAD made popular 712 days ago

The Canadian dollar backed off a four-week high but finished firmer against the U.S. currency on Monday, aided by stronger energy prices.  read more
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Euro Rally Runs Out of Steam

posted by Avatar morgan 712 days ago in EUR made popular 712 days ago

U.S. dollar was lower across the board Monday, but recouped some of its losses after Moody's cut Greece's credit rating to Ba1 from A3.  read more
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Video: Risk-On Fueled by Euro Output Data Dented by Greece

posted by Avatar FXTimes 712 days ago in EUR, Fundamental, Manufacturing made popular 712 days ago

Overnight the risk rally from last week was extended as we had stronger than expected industrial production data from the Euro-zone and quarterly manufacturing report from Japan. The Euro, Pound and commodity currencies rallied against the Dollar  read more
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Homebuilders, Banks Selloff Despite Risk Rally

posted by Avatar ForexPlaybook 712 days ago in USD, Fundamental, Housing made popular 712 days ago

The broader rally for riskier assets, which is pushing equities markets and commodities prices higher in trading today, has failed to spur demand for shares in the embattled homebuilder and banking sectors.  read more
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Forex Trading Journal: Trade Update and New Trade Setup

posted by Avatar caseystubbs 712 days ago in JPY, GBP, Technical made popular 712 days ago

Last Friday I ended with a trade on the Gbp/Jpy and I ended up Losing -18 pips on the trade but I am up a total of +250 pips. This was a great trade because there were some lessons to be learned and now we all get to learn. I know that it sounds  read more
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EU Morning Report – US Retail Sales disappoint the markets c

posted by Avatar topequitynews 712 days ago in Technical, Daily made popular 712 days ago

Markets on Friday saw volatility pick up across the board with the EURUSD’s trading range over 100 pips. Retail sales on Friday came in weaker than expected for the month at -1.2% however this is not expected to have a great impact on underlying  read more
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European Market Update – 6/14/10

posted by Avatar topequitynews 712 days ago in Technical, Daily made popular 712 days ago

Equities: – European equities opened the session higher, supported by gains in Asian equities and the narrowing in peripheral debt spreads. In terms of specific sectors, today’s gains are being led by miners and financials. However, shares of BP  read more
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EURUSD: Risk Opens Up Towards 1.2353/1.2771.

posted by Avatar FXTechstrategy 714 days ago in EUR, GBP, Technical made popular 714 days ago

EURUSD saw a respite the past week halting its strong medium term declines and triggering a recovery higher to close the week at 1.2110.  read more