FXstreet's main competitor is re-branding to investing.com... uhmmm, I am not sure if I should start applying for a job or to be happy.... let's see.
For many years ForexPros was a copycat of FXstreet.com. The sites were so alike that they seemed like twins. As a pure FX portal, they had a huge problem that was FXstreet.com.
Then they took their own way moving away from pure FX. The tipping point for the move was to incorporate real-time stocks prices through CFDs from an…Continue
EURJPY entry at 106.71 ranging up . We'll are still holding this with view of hitting 200 pips before this week runs out.
Added by Twbn Fund Managers on December 11, 2012 at 10:41am — No Comments
Added by 50Pips on December 11, 2012 at 9:30am — No Comments
Recommendation: LONG positions above 1.2927 with 1.2955 & 1.3000 as next targets.
Alternative scenario: The downside breakout of 1.2916 will open the way to 1.2875/1.2825.
Comment:.As long as 1.2916 holds, eyes on 1.3000 levels, a break below 1.2916 will reverse risk to the downside and target 1.2875 levels, below 1.2875 will increase the risk to 1.2825 levels,keep in mind…
Added by HectorFXtrader on December 11, 2012 at 9:11am — No Comments
I have place two pending orders. A buy stop at 1.29659 and a sell stop at 1.29224. the target for each trade is 30 pips. SL at 1.29224 foe the buy pending order and 1.29659 for the sell pending order. My Stop loss prices are active and so with each new swing created, I will tighten…Continue
Added by 50Pips on December 11, 2012 at 9:00am — No Comments
Still on a upside course against the safety bet US dollar, the Euro is deemed to continue to plot bullish candlesticks in today’s currency exchanges. Even as investors await the results of Greece's bond buyback and watch the political situation in Italy unfold, market participants are pricing in expectations for the US Federal Reserve to expand its bong-buying program in the middle of the week.
The European market was partially affected by Italian Prime Minister Mario Monti’s…
Added by Aviv Shapiro on December 11, 2012 at 7:20am — No Comments
ASSALMOLAEIKUM MY DEAR FELLOWS
trend is bullish today
but eu will change it,s trend due to data
today we have data from eu so wait for data change for trend then trade for 20 point only
trend is bEarsih today
sell gold below 1705.30 TP 1699 SL 1710
Dollar has given up some positions yesterday, due to the lack of any economic data from the US and not so bad data from the EU. EUR moved in a tight 40 pips range almost the whole day and finally closed above the deadly 1.2910 line. Yesterday's close for now preserves the upside bias, but today all are expecting Germany's ZEW and USA trade ballance. These two will move the markets today. Technically looking we have a resistance zone between 1.2975-1.3000 where i'm expecting EUR to fail and…Continue
The price move up to the selling zone, waiting for a change of trade or a 1-2-3 pattern to enter short
Added by HectorFXtrader on December 11, 2012 at 6:02am — No Comments
Gold has been moving long since NFP, looking and current momentum and trend, Expect to bull to rule for TuesdayContinue
Added by Sardar Uddin on December 11, 2012 at 3:51am — No Comments
As expected USD trended weaker, expect trend to continue
Outlook USD Weak
German ZEW Economic Sentiment EUR 5:00am EST
Trade Balance USD 8:30am EST…
Added by Sardar Uddin on December 11, 2012 at 3:45am — No Comments
CRUDE OIL: With the commodity declining the past week to close lower, the risk is for Crude Oil to extend that weakness. Although presently seen hesitating, it still faces downside risks. Unless it returns above the 90.30 level, its Dec 03’2012 high, it could face further downside towards the 84.04 level, its Nov 07’2012 low. Below here will call for a move lower towards the 83.00 level and then the 81.00 level, its psycho levels. On the other hand, it will have to break and hold above…
Added by fxtech on December 10, 2012 at 6:46pm — No Comments
Capital Economics - "If it were not for the euro-zone crisis, world economic growth would probably gather pace next year. Prospects for the US are brightening, there has been significant progress with private sector deleveraging and we think oil prices are more likely to fall than rise. However, in practice, we expect a deepening of the euro-zone crisis, continued public sector austerity and a structural slowdown in key emerging economies to keep global growth weak in 2013-2014."
Added by Francesc Riverola on December 10, 2012 at 4:22pm — No Comments
UBS - "We continue to prefer the dollar amongst the major currencies. Foreign exchange markets are already largely discounting the Fed easing policy further when 'Operation Twist' finishes this month. But they are not reflecting additional easing from the world's other major central banks in 2013. This week's key points for currencies are:
- dollar already pricing in upcoming Fed easing
- euro bulls should heed ECB, Bundesbank downgrades
- USDJPY bulls shouldn't exit after…
Added by Francesc Riverola on December 10, 2012 at 3:20pm — No Comments
Danske Bank - "NZD/USD – Breaking above 16-month trendline resistance
Strategy Summary – Buy at .8310 for an objective of .8842. Place stop at .8160.
US 5v10Yr Yield Spread – Awaits break below 95 targeting 84/75
Strategy Summary – Sell into any near-term widening towards 107 for a return to test supports at 84, possibly 75. Place stops over 115 and consider going long on a break of 121.
Cash Gold – Is the current dip a…
Added by Francesc Riverola on December 10, 2012 at 3:08pm — No Comments
Royal Bank of Scotland - "GBP/USD: Some disappointing follow through from the break-out of the channel last week, but the sentiment remains that GBP should step up to be the outperformer from the USD, EUR and GBP group. Still the longer-term picture is for GBP/USD to remain below the 1.6306 level into Q1 of next year and still looking for the downside targets of either 1.56 or 1.53 before the bounce occurs. This channel break only looks like a short-term squeeze to 1.6176…Continue
Added by Francesc Riverola on December 10, 2012 at 3:00pm — No Comments