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NZD/USD Forecast May 28, 2012, Technical Analysis

posted by Avatar FXEmpire 2 hours 55 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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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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Dollar to Dominate until Greece a Done Deal

posted by Avatar yen2yen 1 day 18 hours ago in CAD made popular 1 day 17 hours ago

CAD: Canadian March Retail sales were mixed with a monthly sales gain of +0.4%, slightly ahead of expectations for a +0.3% rise. Retail sales ex-autos were up +0.1% vs. a +0.5% expected rise. USD: April's US new home sales rallied +3.3% to a seasonally ... read more
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Daily Chart Art - May 25, 2012

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

On today's menu: the British pound special! We've got finger lickin' good setups on GBP/USD, GBP/JPY, and EUR/GBP that you shouldn't miss! read more
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ForexLive: Spanish Yields Approaching Highs for the Crisis

posted by Avatar ejc 1 day 22 hours ago in EUR, Fundamental

Last week, Spanish yields touched 6.37%. Today we’re at 6.34%, a sign that stress remains very high....more. 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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President of Paraguay meets Manmohan Singh in Delhi

posted by Avatar HarrisClan 1 day 22 hours ago in Commodities made popular 1 day 20 hours ago

The President of Paraguay, who arrived here on Wednesday on a three-day visit, is accompanied by Ministers of Foreign Affairs; Agriculture and Animal Husbandry; and Commerce and senior officials. President Lugo will also be meeting President Pratibha ... 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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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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GBP/USD Fundamental Analysis May 25, 2012, Forecast

posted by Avatar FXEmpire 2 days ago in USD, GBP, Fundamental made popular 2 days ago

The GBP/USD traded in a fairly tight range today, closing at 1.5696. Remembering that the GBP was in striking range of the 1.63 price level just a fortnight ago. The UK continues to see negative eco data, and a weak housing market. read more
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AUD/USD Forecast May 25, 2012, Technical Analysis

posted by Avatar FXEmpire 2 days ago in USD, AUD, Technical

The AUD/USD pair rose during the session on Thursday, but failed to make a strong statement. The resulting candle for the session is a shooting star at the bottom of this fall, and this is one of the most bearish signals we know of if it gets tri 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