April 2012 Blog Posts (320)

Weekly Outlook 4 Majors 30 Apr - 04 May 2012

EURUSD @ 1.3230

The EURUSD continued its bullish momentum last week, topped at 1.3270, bottomed at 1.3103 and closed at 1.3242...

This week I assume a bearish move testing the key support 1.3103, a clear break below  this level would lead for more loses testing the key support 1.3000..

Immediate resistance is seen around 1.3320 where bounce back to downside is expected , stability below 1.3320 is indeed to keep the bearish move suggested for this week valid , a…


Added by Haitham653 on April 30, 2012 at 6:13pm — 1 Comment

Consumer Price Inflation in Europe Seen Moderating; DAX Targets 6930 Test

Consumer price inflation (CPI) in Europe dropped during the month of April, as the latest release showed that prices rose 2.6 percent on a yearly basis.  This is a slight drop from the 2.7 percent rise that was seen in March but the number was slightly higher than the 2.5 percent forecast that was generated by most market analysts.

The President of the European Central Bank (ECB) released comments outlining the official inflation outlook at the end of last week and he used the term…


Added by Henry Daniels on April 30, 2012 at 5:43pm — No Comments

International Traders Conference (ITC 2012): Welcome Dinner at Sal Café on the BEACH!

Welcome Dinner at Sal Café on the BEACH!

On the first evening of the ITC, on Wednesday June 20th, we will do a Welcome dinner with all speakers and attendees so we all know each other and network from the very first day!

That will take place at the Sal Café, on the Barcelona…


Added by Francesc Riverola on April 30, 2012 at 5:23pm — 1 Comment

Currency Correlations in April

Currency Correlation Matrix

Chart Key:

- strong positive correlation…


Added by FX BOOTCAMP on April 30, 2012 at 4:25pm — No Comments

CME Group Expands Multi-Asset Class OTC Offering with First Cleared FX Non-Deliverable Forward

CME Group Expands Multi-Asset Class OTC Offering with First Cleared FX Non-Deliverable Forward

CHICAGO, April 30, 2012 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, announced today that on April 27 the company cleared its first customer FX Over-the-Counter Non Deliverable Forward (NDF) trade, further expanding the company's market leading OTC solution across multiple asset classes. The currency cleared was the Brazilian Real.…


Added by Francesc Riverola on April 30, 2012 at 4:24pm — No Comments

$USDJPY- near bottom?

Currently we are @ 80.05  just below the 80.21 support.  Since we did not get a bounce but a breakdown here we are now looking for the S4 Target @ 79.46.  Lots of confluence here for a bounce ( 2 supports, trendline bottom and the S4).   If we can bounce here -  Looking for a move back to the support  @ 80.21…


Added by Scott Barkley on April 30, 2012 at 1:30pm — No Comments

Gold & Silver - Daily Outlook April 30

Gold and silver slightly increased on Friday and may continue this slow-paced trading on the last day of the month. Spain published its GDP report: Spain's GDP had contracted by 0.3% in the first quarter of 2012 – the same rate as in the previous quarter. This is another report showing the economic slowdown Spain is at. Currently this news doesn't seem to have much of an effect on the financial markets. In a recent report by the IMF Mexico, Russia and Turkey added to their gold reserves…


Added by Lior Cohen on April 30, 2012 at 11:28am — No Comments

EUR/USD Moves Higher After Weak US GDP Release

Euro dollar took advantage of weak US data, as the pair climbed to the mid-1.32 level. United States GDP for Q1 posted an increase of 2.2%, disappointing the markets which had predicted a 2.5% increase. Last week’s bright spot for the US economy was the UoM Consumer Sentiment release, which posted a slight increase and posted its highest reading in over a year. On the continent, concerns continue…


Added by Yohay Elam on April 30, 2012 at 9:57am — No Comments

JP Morgan, ING and Fidelity Research Added to New Beta Interbank Talk News Feed

Hi everyone

I'm proud to announce today that we have added research from JP Morgan, ING and Fidelity to the recently launched beta version of Interbank Talk, the new interbank's sentiment news feed integrated inside FXstreet's Market Talk section:…


Added by Francesc Riverola on April 30, 2012 at 9:52am — No Comments

Eurusd has Double Top Pattern

I feel pair has formed Double Top Pattern, continuous rejection below 1.33 level 

pair find minnor support @1.3217 and below 1.3217   pair will resume bearish view  towards 1.3030   initially target 1.3185,1.3145

Added by nidhi mistry on April 30, 2012 at 9:41am — 2 Comments


in short term E/u re bounce ~= 1.3250 so watch us session

Added by kmsikar on April 30, 2012 at 9:37am — No Comments

Breaking Point, the end of the cheap energy economy

While all attention is on European debt problems, many forget what's going on in the rest of the world.

Interesting YouTube movie and article what it mean to the US Dollar, Gold, inflation,  etc.

Maybe old news but still reality. 

(c) http://www.youtube.com/watch?feature=player_embedded&v=FcP3fVEp9y8



Added by Ron Schelling on April 30, 2012 at 9:30am — No Comments

AUDUSD Market Outlook, 30.04

This week our FREE Signals are on AUDUSD -
you can check the Live Data Box & find trading opportunities around the clock.

For today a quick review of the signals/levels, together…


Added by Mihai Marinescu on April 30, 2012 at 7:12am — No Comments

USD vs JPY Ichimoku Trading Oportunity for week of 4-30-12

Looking at the chart above we are doing our top down analysis to find a trade on the 4 hour time frame. Therefore we start with this daily time frame to get the market sentiment. The things that we will take notice is:

1. Price vs Kumo:

Price is inside the Kumo therefore it is considered turbulance, but price is right at the bottom of…


Added by ChaosTrader63 on April 30, 2012 at 4:27am — No Comments

Gold and Silver Weekly Outlook for April 30- May 4

Last week gold slightly increased despite the expectations that the FOMC meeting will adversely affect bullion prices. Silver price slightly declined last week. The U.S GDP for Q1 2012 didn't…


Added by Lior Cohen on April 29, 2012 at 10:24pm — No Comments

Weekly Outlook for April 30 –May 4 2012

Despite the high expectations for dramatic turns during last week's big news items including the FOMC meeting and U.S GDP for Q1 2012, eventually there were little movements in the forex and commodities. As we are entering a new…


Added by Lior Cohen on April 29, 2012 at 9:48pm — No Comments

USDJPY: Loss Of 80.29 Level To Open Further Declines

USDJPY: Having reversed its previous week gains to close lower the past week, the risk is for USDJPY to weaken further in the days ahead. Support lies at the 80.00 level, its psycho level/Feb 28’2012 low with a violation of there calling for a move lower towards the 78.18/27 levels and possibly lower. Its weekly RSI is bearish and pointing lower supporting this view. Alternatively, the pair will have to break and hold above its April 04’2012 high at 81.85 to halt its downside pressure and…


Added by fxtech on April 29, 2012 at 7:01pm — No Comments

eur/usd will be bearish

as we see that always euro/usd is in confusion.but this time it sure that it will fall on monday.

Added by vikas pandey on April 29, 2012 at 12:00pm — No Comments

GBP/USD Outlook April 30 – May 4

The British pound continued to impress, as GBP/USD climbed another 130 pips, closing the week at 1.6250. The upcoming week has six releases, including three key PMI releases. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD.

GBP/USD continues to climb, as the pound has done very well against the dollar in 2012.The pair has benefited from…


Added by Yohay Elam on April 29, 2012 at 9:34am — No Comments

EUR/USD Outlook Apr. 30 – May 4

Euro/dollar remains in range, as fears on both sides of the pond increased but remained balanced. With the narrowing channel closing on the pair, perhaps we . The main event of this busy week is the rate decision by the ECB, which will come after inflation and employment figures. Here is an outlook for the upcoming events and an updated technical analysis for EUR/USD.

The spotlight…


Added by Yohay Elam on April 29, 2012 at 8:04am — No Comments

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