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CrudeOil Weekly Fundamental Analysis May 28 –June 1,Forecast

posted by Avatar FXEmpire 2 hours 16 minutes ago in Fundamental, Weekly, Oil made popular 56 minutes ago

This was a very interesting week for the black gold, as negotiations between the world powers and Iran seemed to actually be making headway, as Iran set a proposal on the table and the sides extended the meeting for an additional day and set a fu read more
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Gold Weekly Fundamental Analysis May 28 – June 1, Forecast

posted by Avatar FXEmpire 2 hours 17 minutes ago in Fundamental, Weekly, Gold made popular 24 minutes ago

Gold closed down slightly on the week at 1572.25, negating last week’s bullish hammer in the candlestick charts. This is gold’s 2nd week below the previous long-term uptrend and thus the outlook remains bearish. Overnight strength in the dollar read more
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Silver Forecast May 28, 2012, Technical Analysis

posted by Avatar FXEmpire 2 hours 50 minutes ago in Technical, Daily, Metals made popular 2 hours 39 minutes ago

The silver markets rose slightly during the session on Friday. The market has been selling off lately as the $30 level giving way was a sign that the bearish momentum was going to pick up. However, the $27 level has offered nice support, and it n read more
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NZD/USD Forecast May 28, 2012, Technical Analysis

posted by Avatar FXEmpire 2 hours 54 minutes ago in USD, NZD, Technical made popular 2 hours 24 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 4 hours ago in USD, AUD, Technical made popular 1 hour 7 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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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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Monetary Policy Week in Review - 26 May 2012

posted by Avatar cbn 13 hours ago in JPY, Fundamental, Weekly made popular 12 hours ago

The past week in monetary policy saw 9 central banks reviewing interest rate settings. Three central banks reduced their monetary policy interest rates: Vietnam cut another -100 basis points to 12.00%, Denmark trimmed -10 basis points to 0.60%, 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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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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Growing Hope of ECB LTRO #3 Gives European Equities a Jolt

posted by Avatar eToro 2 days ago in EUR, Fundamental, Daily made popular 1 day 20 hours ago

So far, Europe’s equity markets are enjoying another up day, following a string of declines as investors brace themselves for what is likely to be Greece’s withdrawal from the Eurozone. What is providing some buoyancy is growing speculation that 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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Daily Technical Strategist: GBPJPY

posted by Avatar FXTechstrategy 2 days ago in GBP, Technical, Daily made popular 1 day 22 hours ago

GBPJPY – Having continued to hold on to its broader downside GBPJPY looks to target the 124.63 level. read more