Jun 7, 2011

Forex Crunch EUR/USD Settles on Higher Range on Good Figures

Forex Crunch EUR/USD Settles on Higher Range on Good Figures

EUR/USD Settles on Higher Range on Good Figures

Posted: 07 Jun 2011 03:59 AM PDT

German factory orders and retail sales for the euro-zone came out better than expected, and they push euro dollar to a higher, though narrow range. “Strong vigilance” is getting closer. Factory orders are recovering in Germany: after a horrible report of a drop of 4% last month, they rose by 2.8% this time. This exceeded expectations

AUD/USD: Trading the Home Loans Release

Posted: 07 Jun 2011 03:57 AM PDT

After the dust from the rate hike has settled, the Aussie’s busy week continues with a less complex release: home loans. This publication always rocks the Australian dollar. Here are the details, and 5 possible outcomes for the AUD/USD. Published: Wednesday, 1:30 GMT. Indicator Background Most people need a loan from the bank in order

EUR/USD June 7 – Tests Higher Ground Despite Greek Worries

Posted: 07 Jun 2011 12:53 AM PDT

Euro dollar is showing strength and looking to break, despite growing uncertainty about Greece and numerous observations the the exchange rate is too high. Today we have important data towards the rate decision. Here's a quick update on technicals, fundamentals and what's going on in the markets. EUR/USD Technicals Asian session: The session was rather

Forex Daily Outlook – June 7 2011

Posted: 06 Jun 2011 01:59 PM PDT

Consumer Credit Change in the US and BRC Shop Price Index in the UK are the main events lined up.  Let’s see what awaits us today. In the US, Consumer Credit Change, measuring the volume of money that individuals lent. Shows if consumers can afford large expenses, and encourage economic growth or overheating, a positive

AUD/USD June 07– Aussie Lower Against US Dollar

Posted: 06 Jun 2011 12:19 PM PDT

The Aussie traded slightly  lower Monday against the US Dollar. The Aussie was trading at 1.0695, down 0.20% at the time of this writing. Here's a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The Aussie traded mostly lower throughout the session, gradually falling to its current level. Current range: 1.0693–

Are You Forcing Yourself Into A Position?

Posted: 06 Jun 2011 10:20 AM PDT

The charts and the price tickers are humming all the time. So why sleep if there is a trade opportunity? Maybe there is one. You go to your computer and you see one. But is your high profitability setup  really there? Perhaps there is a good setup awaiting you, but there’s a very good chance

Jim O’Neill: EUR/USD Should Be 1.20

Posted: 06 Jun 2011 06:14 AM PDT

The Chairman of Goldman Sachs Asset Management Jim O’Neill says that the justified  exchange rate of euro dollar should be 1.20. O’Neil manages $823 billion.  O’Neill says that this is not only the debt crisis that makes him think so. This man manages quite a lot of money, so maybe we should be listening. O’Neill is famous

Gold Remains Bullish, USD/JPY Under Pressure

Posted: 06 Jun 2011 06:13 AM PDT

GOLD Holds On To Its Bullish Tone GOLD: Outlook for Gold still remains higher despite its marginal higher close the past week. Further strength is expected to recapture the 1,576.20 level, its 2011 high where a break will resume its long term uptrend and open the door for more gains towards its psycho level at

EUR/USD June 6 – Sliding In High Range on Weak Data

Posted: 06 Jun 2011 05:36 AM PDT

EUR/USD is sliding within the high range it reached n Friday, as weak economic data and uncertainty around Greece weigh on the pair . Here's a quick update on technicals, fundamentals and what's going on in the markets. EUR/USD Technicals Asian session: Normal session saw the pair challenge the top of the range but not
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