The Euro/USD changed direction and after eight consecutive days of falling, yesterday the Euro edged up against the USD. This shifts however seems to be just a correction; it is yet to be seen if this will reverse the trend. The safe haven curren 26 Vote(s) Read More Euro USD Bounced Back on Thursday Daily [...]
Posted in FX News | Tagged 10, back, bounced, daily, eurousd, may, on, recap, thursday
Gold traders are the least bullish in five weeks after the metal erased almost all of this year’s gains, 35 Vote(s) Read More prediction gold next week may 14 2012
Posted in FX News | Tagged 14, 2012, gold, may, next, prediction, week
Although the general trend continues to favor Euro weakness, we are on the lookout for a potential short-term bounce before bear trend resumption. Read More Technical Outlook for Major Currencies May 11, 2012
Posted in FX News | Tagged 11, 2012, currencies, for, major, may, outlook, Technical
Despite all the downside pressure in the Euro, the market still has yet to close below 1.3000 since January. We will be watching closely on Wednesday to see if the market can finally settle below the psychological barrier. Read More Technical Outlook for Major Currencies May 9, 2012
Posted in FX News | Tagged 2012, 9, currencies, for, major, may, outlook, Technical
Supermarket chain Sainsbury reports annual profits, while Prudential and HSBC update the market on trading, and the Bank of England releases its interest rate and QE decision. Read More The week ahead in business and economics May 811
Posted in FX News | Tagged 811, ahead, and, business, economics, in, may, the, week
The news, for better or worse, was out of the US this week. The NFP rose much less than expected, adding just 115,000 jobs in April. This was well below expectations for 170,000 . The unemployment rate slipped to 8.1 percent. The lowest reading s 29 Vote(s) Read More Fundamental Analysis and the Week Ahead [...]
Posted in FX News | Tagged ahead, analysis, and, fundamental, may, the, week
NFP Payrolls badly missed th marks and teh S&P500 and NASDAQ posted thier biggest losses of hte year. The Dow Jones Industrial Average fell 168.32, to close at 13,038.27. The S&P 500 lost 22.47, to close at 1,369.10. The Nasdaq dropped 2.25 perc 30 Vote(s) Read More Binary Options Report April 30 May 4
Posted in FX News | Tagged 30, 4, april, binary, may, options, report
The NZD/USD pair has been treading water in the 0.81 area for several weeks now, but this past week saw the pair finally breakout of the range. The 0.80 level has even given way, and this will be a point of great concern for the bulls. The Kiw 27 Vote(s) Read More NZD USD Forecast [...]
Posted in FX News | Tagged 2012, 7, anal, for, Forecast, may, nzdusd, of, Technical, the, week
The USD/CAD pair had a very bullish session on Friday as the oil markets fell hard. The Canadian dollar almost always travels with the oil markets over time, so many traders would have jumped out of their long CAD positions as the oil markets cru 30 Vote(s) Read More USD CAD Forecast May 7, 2012, [...]
Posted in FX News | Tagged 2012, 7, analysis, Forecast, may, Technical, usdcad
Introduction: While the ranges are wider (and so should stops be), the lines are rather distinctive, especially towards the borders of the long term wide range. This pair makes for good trades, with the new austerity program implemented in the U 24 Vote(s) Read More GBP USD Weekly Fundamental Analysis May 7 11, 2012, Foreca
Posted in FX News | Tagged 11, 2012, 7, analysis, foreca, fundamental, gbpusd, may, weekly
