Forex: EUR/GBP Hovering Over 0.8000
Risk aversion is gaining traction on Thursday, dragging the sterling to fresh session lows and the euro to test levels sub 1.2700
The pair has recovered some ground this week after bottoming at levels last seen in late 2008 in the proximities of the 79.50 region
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Global Gold Demand In Q1 Falls 5 Pct On Year To 1,097.6 Tonnes – World Gold Council
GLOBAL GOLD DEMAND IN Q1 FALLS 5 PCT ON YEAR TO 1,097.6 TONNES – WORLD GOLD COUNCIL
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Turning Short-Term Trades Into Long-Term Trades
Many traders start out their trading career hoping to make 10 pips each trade. In fact, many would be happy with 10 pips each day. How many times has the first days of the week gone well maybe netting 30 pips or so in 3 days only to lose 25 or 30 or even more on Thursday, leaving Friday to try and make up for the lost income. It used to happen to me.
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Buy AUD/JPY @ 80.190 By Signal Factory
Buy AUD/JPY @ 80.190 By Signal Factory | SL:78.690 | TP:80.790 | 2012.05.16 12:31 GMT
Is EUR/USD Prime For Short Covering Rally?
Top Stories
- UK Unemployment at best rate in nine months
- EZ Trade Balance in line
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Forex: GBP/USD Holds Scope To Extend Near 1.5930 – V.Bednarik
After shedding 100 pips overnight, propelled by a wider deficit in the UK trade balance, GBP/USD touched a fresh monthly low this Wednesday in Asia as it operates within a tight 15-pip range between 1.5981 and 1.5996, last quoted near the bottom of the range, down 1.5% so far in May.
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Italy Gdp Prelim Yy (q1) Actual -1.3 Pct (poll -1.1 Pct) (pvs -0.4 Pct)
ITALY GDP PRELIM YY (Q1) ACTUAL**** -1.3 PCT**** (POLL -1.1 PCT) (PVS -0.4 PCT)
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Close(TP) Sell AUD/JPY @ 79.408 By Signal Factory
Close(TP) Sell AUD/JPY @ 79.408 By Signal Factory | Profit: 59 pips | 2012.05.15 01:31 GMT
Gold Kisses Channel Goodbye
Weekly Bars
Sell AUD/JPY @ 79.809 By Signal Factory
Sell AUD/JPY @ 79.809 By Signal Factory | SL:80.209 | TP:79.009 | 2012.05.14 16:10 GMT
