USD/CAD Outlook May 21-25
The USD-JPY Hits a Low at 78.99
USD/JPY: The market continues its retreat as it hit a low at 78.99, after breaking below the support at 79.13.
The USD-CAD Sees Support at 1.0063
USD/CAD: The rally we saw last week suggests the consolidation from 1.0656 has finished at 0.9799.
Watch the Price NOT the News
Has all the news from Europe got you down? One pro explains why it shouldn't!
Why You Shouldn't Ignore the Doji
The Doji is an important part of the candlestick formation. This pro trader explains what it is all about and why you shouldn't ignore it!
The Cable Tests 1.5731
GBP/USD: The market continues its decline from the high at 1.6300.
The Aussie Continues its Decline and Hits 0.9794
AUD/USD: The market continues to decline further and hit a low at 0.9794.
The Euro Finds a Bottom @ 1.2625
EUR/USD: the market fell to a low of 1.2641. At that mark, it formed a short term bottom just above 1.2625.
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Benzinga's M&A Chatter for Friday May 18, 2012
The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday May 18, 2012:
El Paso Pipeline Partners Agrees to Acquire Cheyenne Plains Pipeline and Additional Interest in Colorado Interstate Gas Company from El Paso Corporation
The Deal:El Paso Pipeline Partners, L
The Worst Weekly Decline of VN-Index
The Vietnam’s benchmark VN-Index declined for the eighth trading sessions, a setting the worst weekly performance this year on May 18 as investors further to trade off shares heavily to run away from the market. The index of 303 companies and the five mutual funds listed on the Ho Chi Minh City St
BSE Losses 0.86% Over the Week Trading
The Indian equities markets' benchmarkindex was down nearly one percent in the volatile trading this week as a record decline in the value of rupee and lingering eurozone crisis that heavily on the investors' sentiments. The Sensex of the Bombay Stock Exchange (BSE) closed the week at 16,152.75 poin
European financial crisis is not over
Politics Greek and Spanish banks have combined this week because of the fragility of the European economy after eviscerating the savings regime that has caused unemployment, despair and misery. German finance minister had predicted on Friday that the crisis may last up to two years. Wolfgang Shaeubl
NewsNowUK: Roberto Di Matteo - http://t.co/V8SuAr5C - Caretaker manager's job a major talking point after he guides Chelsea to Champions League victor
NewsNowUK: Roberto Di Matteo - http://t.co/V8SuAr5C - Caretaker manager's job a major talking point after he guides Chelsea to Champions League victory
NewsNowUK: #Football - http://t.co/HxJB3j6t - West Ham win the Championship play-off final to seal an immediate return to the Premier League #WHUFC
NewsNowUK: #Football - http://t.co/HxJB3j6t - West Ham win the Championship play-off final to seal an immediate return to the Premier League #WHUFC
NewsNowUK: #Football - http://t.co/tYfVWEy7 - Chelsea beat Bayern Munich 4-3 on penalties to win the UEFA Champions League
NewsNowUK: #Football - http://t.co/tYfVWEy7 - Chelsea beat Bayern Munich 4-3 on penalties to win the UEFA Champions League
China Approves Google Acquisition of Motorola Mobility -AP
According to Google (NASDAQ: GOOG), China has approved the search giant's acquisition of Motorola Mobility (NYSE: MMI).
The $12.5 billion deal is expected to close next week.
China OKs Google purchase of Motorola Mobility
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
Google buy of Motorola Mobility clears last hurdle
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
Google buying Motorola Mobility for $12.5B
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
Deal gives Google new ammo in smartphone wars
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
GCI Trading Offers Binary Options Trading
GCI Trading announced the launch of Binary Options Trading which is available on GCI’s ICTS proprietary forex trading platform. Trading Binary options with GCI offers investors to make profits of up to 88% per option, one of the highest in the binary options industry. To celebrate the launch of GC
Europe Steps Closer to the Cliff Edge
It was a pivotal week for the Eurozone after Greece announced that it was heading back to the polls after the top three parities failed to form a coalition government. So now Greece is leaderless, there is a caretaker government in place but it won't be able to enforce the
The Weekly Bottom Line
Global economic concerns ratcheted up this week. Fears that Greece will soon leave the euro zone rose as the country's unstable politics undermine its economic reform process and a shrinking deposit base threatens its banks. Beyond the Hellenic Republic, Spanish banks faced rating downgrades, the eu
Weekly Economic and Financial Commentary
QE3 seems to have more lives that a cat; it comes back into the forefront of the U.S. economy discussion every time there are concerns that economic growth is faltering or potential threats become more than potential, like the recent chapter in the Greek tragedy.
Today, with the economy growing, al
What I See in FX Market
$EURUSD What ProAct Forex Target Traders See: We are currently sitting @ 1.2776 after breaking up...
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Forex Weekly Outlook May 14-18
The US dollar had a blockbuster week, breaking ground against all currencies apart from from the...
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Student Loan Crisis: Why So Many Colleges May Fail?
“We know the model is not sustainable,” said Lawrence T. Lesick, vice president for enrollment management at Ohio Northern University. “Schools are going to have to show the value proposition. Those that don't aren't going to be around.”
Weekly Review and Outlook: Risk Markets to Stablize Briefly after Steep Selloff, But Vulnerable ...
Risk aversion dominated markets last week and wold stock markets turned negative for the year as MSCI world index erased all it's gains this year. We're talking about S&P 500 having the losing losing streak since last August. Major European indices fell last week with notable fall in FTS
EUR/USD Weekly Outlook
EUR/USD dropped to as low as 1.2641 last week and formed a short term bottom there, above 1.2625 low, and recovered. Initial bias is mildly on the upside this week for recovery to 4 hours 55 EMA (now at 1.2844) and above. But strong resistance should be seen below 1.2994 to limit upside and bring fa
USD/JPY Weekly Outlook
USD/JPY's decline continued last week and reached as low as 78.99, breaking mentioned 61.8% retracement of 76.02 to 84.17 at 79.13. Initial bias remains on the downside the week and current fall should target 75.56/76.02 support zone in near term. On the upside, break of 80.54 resistance is need
GBP/USD Weekly Outlook
GBP/USD's fall from 1.6300 accelerated to as low as 1.5731 last week before forming a temporary low there. Initial bias is neutral this week for some consolidations first. But upside of recovery is expected to be limited by 38.2% retracement of 1.6300 to 1.5731 at 1.5948 and bring fall resumptio
USD/CHF Weekly Outlook
USD/CHF's rally extended further to as high as 0.9499 last week before making a short term top there and retreated. Initial bias is mildly on the downside this week for retreat to 4 hours 55 EMA (now at 0.9351) and below. But downside is expected to be contained by 38.2% retracement of 0.9041 to
AUD/USD Weekly Outlook
AUD/USD's decline extended further last week as expected and reached as low as 0.9794 so far. Initial bias remains on the downside this week for 0.9663 support first, then 161.8% projection of 1.0852 to 1.0225 from 1.0473 at 0.9459. On the upside, above 0.9957 minor resistance will turn bias neu
USD/CAD Weekly Outlook
Last week's strong rally in USD/CAD confirmed that consolidation pattern from 1.0656 is finished with three waves down to 0.9799. Near term outlook will now stay bullish as long as 1.0063 support holds, even in case of retreat. Current rally from 0.9799 is expected to extend to 1.0522/0656 resis
NewsNowUK: #London2012 - http://t.co/CDrkc7VX - Follow the torch relay with our dedicated feed as it travels across Britain to the Olympic Stadium
NewsNowUK: #London2012 - http://t.co/CDrkc7VX - Follow the torch relay with our dedicated feed as it travels across Britain to the Olympic Stadium
EUR/GBP Weekly Outlook
After initial dive to 0.7949, EUR/GBP formed a short term bottom there and rebounded. Initial bias remains mildly on the upside this week for further rally to 38.2% retracement of 0.8505 to 0.7949 at 0.8161. But upside should be limited there and bring another decline. Below 0.8024 minor support wil
GBP/JPY Weekly Outlook
GBP/JPY dived to as low as 124.64 last week and there is no sign of bottoming yet. Initial bias remains on the downside this week and current fall from 133.48 should target 61.8% retracement of 116.83 to 133.48 at 123.19 next. Sustained break there will target a test on 116.83/117.29 support zone ne
EUR/JPY Weekly Outlook
EUR/JPY's fall from 111.43 accelerated to as low as 100.20 last week and there is no so sign of bottoming yet. Initial bias remains on the downside this week and current decline should extend to retest 97.03 low next. On the upside, above 101.90 will turn bias neutral and bring consolidations. B
USD/JPY Weekly Outlook
USD/JPY's decline continued last week and reached as low as 78.99, breaking mentioned 61.8% retracement of 76.02 to 84.17 at 79.13. Initial bias remains on the downside the week and current fall should target 75.56/76.02 support zone in near term. On the upside, break of 80.54 resistance is needed t
EUR/USD Weekly Outlook
EUR/USD dropped to as low as 1.2641 last week and formed a short term bottom there, above 1.2625 low, and recovered. Initial bias is mildly on the upside this week for recovery to 4 hours 55 EMA (now at 1.2844) and above. But strong resistance should be seen below 1.2994
GBP/USD Weekly Outlook
GBP/USD's fall from 1.6300 accelerated to as low as 1.5731 last week before forming a temporary low there. Initial bias is neutral this week for some consolidations first. But upside of recovery is expected to be limited by 38.2% retracement of 1.6300 to 1.5731 at 1.5948 and bring fall resumption.
USD/CAD Weekly Outlook
Last week's strong rally in USD/CAD confirmed that consolidation pattern from 1.0656 is finished with three waves down to 0.9799. Near term outlook will now stay bullish as long as 1.0063 support holds, even in case of retreat. Current rally from 0.9799 is expected to extend to 1.0522/0656 resistanc
AUD/USD Weekly Outlook
AUD/USD's decline extended further last week as expected and reached as low as 0.9794 so far. Initial bias remains on the downside this week for 0.9663 support first, then 161.8% projection of 1.0852 to 1.0225 from 1.0473 at 0.9459. On the upside, above 0.9957 minor resistance will turn bias neutral
USD/CHF Weekly Outlook
USD/CHF's rally extended further to as high as 0.9499 last week before making a short term top there and retreated. Initial bias is mildly on the downside this week for retreat to 4 hours 55 EMA (now at 0.9351) and below. But downside is expected to be contained by 38.2%
GBP/JPY Weekly Outlook
GBP/JPY dived to as low as 124.64 last week and there is no sign of bottoming yet. Initial bias remains on the downside this week and current fall from 133.48 should target 61.8% retracement of 116.83 to 133.48 at 123.19 next. Sustained break there will target a test on 116.83/117.29
Greece Still Making Headlines as Fitch Downgrades Long Term Credit; Gold Bounces off of 1525
Risk sentiment was seen heading lower overnight as news headlines and macro economic data releases...
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Weekend lesson in Trading: Inside Days
This is an exclusive update for our Subscribers. We begin a series of trading lessons for our...
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Fidelity Growth Partners Europe Leads a £10m Investment in Online Marketplace notonthehighstreet.com
Weekend lesson in Trading: Inside Days
This is an exclusive update for our Subscribers. We begin a series of trading lessons for our subscribers. While some of these concepts discussed here are popular methods, they will act as refreshers for your trading. We will be using them in our analysis as we have done in the past. Today we will l
Euro: ‘Buying Time’ May Not Work This Time as Crisis Intensifies
There are many comparisons being made to current Euro-region market conditions and those back in the second quarter of 2010 when trouble just started brewing for Greece.
US Dollar Makes a Break to 16-Month Highs as Fear Creeps In
Though the benchmark currency eased back into the final 48 hours of this past trading week, the dollar nevertheless posted another impressive run through the entire period.
Forex Weekly Trading Forecast - 05.21.2012
First we have seen the critical breaks towards risk aversion. Then we saw the emergence of momentum behind the deleveraging. Will we graduate to the next phase: panic?
Euro: ‘Buying Time’ May Not Work This Time as Crisis Intensifies
There are many comparisons being made to current Euro-region market conditions and those back in the second quarter of 2010 when trouble just started brewing for Greece.
Forex Weekly Trading Forecast - 05.21.2012
First we have seen the critical breaks towards risk aversion. Then we saw the emergence of momentum behind the deleveraging. Will we graduate to the next phase: panic?
US Dollar Makes a Break to 16-Month Highs as Fear Creeps In
Though the benchmark currency eased back into the final 48 hours of this past trading week, the dollar nevertheless posted another impressive run through the entire period.
EUR/JPY Weekly Outlook
EUR/JPY's fall from 111.43 accelerated to as low as 100.20 last week and there is no so sign of bottoming yet. Initial bias remains on the downside this week and current decline should extend to retest 97.03 low next. On the upside, above 101.90 will turn bias neutral and bring
EUR/GBP Weekly Outlook
After initial dive to 0.7949, EUR/GBP formed a short term bottom there and rebounded. Initial bias remains mildly on the upside this week for further rally to 38.2% retracement of 0.8505 to 0.7949 at 0.8161. But upside should be limited there and bring another decline. Below 0.8024 minor support wil
EUR/CHF Weekly Outlook
No change in EUR/CHF's outlook as the sideway consolidation continued. Near term Outlook remains neutral and more consolidative trading could be seen inside 1.2000/2034 zone. Downside of any selloff attempt should be contained by SNB's 1.2 floor and bring recovery. On the upside, breach of 1.2034 co
Dollar Stumbles but Doesn’t Break Trend Into Week End
The Dow Jones FXCM Dollar Index put in for its first two-day bearish performance in three weeks Thursday and Friday, but this was more a technical development than a trend change.
Dollar Stumbles but Doesn’t Break Trend Into Week End
The Dow Jones FXCM Dollar Index put in for its first two-day bearish performance in three weeks Thursday and Friday, but this was more a technical development than a trend change.
EURUSD Turns to End the Week As US Stocks Extend Dive
Roles further reversed between the ultimate safe haven and the benchmark risk barometer to end the week. The dollar stumbled Friday, lifting EURUSD to its biggest advance in nearly two months following a very conspicuous decline.
Europe Steps Closer to the Cliff Edge
It was a pivotal week for the Eurozone after Greece announced that it was heading back to the polls after the top three parities failed to form a coalition government. So now Greece is leaderless, there is a caretaker government in place but it won't be able to enforce the
Site Update
Posting over the next few weeks will be lighter than usual. I still be updating portfolios at the end of this month, but I have put the Graham value screen on hold. I had originally planned on re-tooling the screen this month.
Apple Part 2
I touched briefly on Apple (AAPL) yesterday, showing some key price levels to watch. JW Jones posted an article this morning on some potential defined-risk option trades on Apple.
GBPUSD breaks below the upward trend line
GBPUSD breaks below the upward trend line on daily chart, and reaches as low as 1.5732, suggesting...
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Eur/usd Daily Technical Analysis 17 May 2012
Good morning all,The EUR/USD prices decreased to the 1.2641 level and we expect it will continue its downward movement to form the second bottom and the next target would be towards the January low at 1.2620 level which represents a strong support and should the prices breach down this level, this w
USDCAD Analysis - May 19, 2012
USDCAD's upward movement from 0.9799 extends to as high as 1.0226. Further rise would likely be seen next week and next target would be at
USDCHF Analysis - May 19, 2012
USDCHF's upward movement from 0.8931 extends to as high as 0.9500. Another rise to test 0.9594 previous high resistance would likely be seen next week,
USDJPY Analysis - May 19, 2012
USDJPY's downward movement extends to as low as 78.99. Resistance is now at the downtrend line on daily chart, as long as the trend line
AUDUSD Analysis - May 19, 2012
AUDUSD continues its downward movement from 1.0474, and reaches as low as 0.9795. Further decline would likely be seen next week, and next target would
GBPUSD Analysis - May 19, 2012
GBPUSD breaks below the upward trend line on daily chart, and reaches as low as 1.5732, suggesting that the upward movement from 1.5236 has completed.
EURUSD Analysis - May 19, 2012
EURUSD is facing the 1.2624 support, a breakdown below this level will indicate that the long term downtrend from 1.4938 (May 4, 2011 high) has
GBPUSD breaks below the upward trend line
GBPUSD breaks below the upward trend line on daily chart, and reaches as low as 1.5732, suggesting that the upward movement from 1.5236 has completed. Further decline would likely be seen next week, and next target would be at 1.5400-1.5500 area. Resistance is at 1.5900, only break above this level
Forex Outlook for May 21, 2012
By Meta4forexbroker.com - on May 21, 2012 There is no high impact events released. This is a list of the medium impact news for Monday - May 21, 2012 that will move the markets around the globe. All times are given in GMT. Monday – 05/21/2012 * GBP – Rightmove HPI m/m : at 12:01am [...]Forex Out
GBPUSD forms bullish pin bar off 1.5800 support
Chart in Focus: Daily GBPUSD The GBPUSD moved lower early in today's session but pared gains into...
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CIT Group Inc. as a leading provider of financing will provide credit facilities to the John Varvatos
CIT Group Inc. as a leading provider of finance has announced that it has provided a senior secured asset based credit facility has been the John Varvatos Enterprises, Inc., a designer, retailer and wholesaler of men designer clothing and accessories. This financing was completed in conjunction with
GBPUSD forms bullish pin bar off 1.5800 support
Chart in Focus: Daily GBPUSD The GBPUSD moved lower early in today's session but pared gains into the New York close forming a bullish rejection pin bar of 1.5800 support. We could see a pop higher in the near-term, however gains could be limited given that the recent momentum has been very bearish.
Financial Market Fears Overwhelm Facebook IPO Optimism
After weeks of hard risk deleveraging, it is reasonable to expect markets have priced in much of the mass’ fears and thereby find a temporary point of stability. With sentiment in balance, an event like the Facebook IPO could turn the ship. Yet, that was not the case through Friday’s session.
AUD/CAD to Resume Downtrend at 1.0140
A bearish pattern may allow us to go short near a key AUD/CAD bearish trend line.
Financial Market Fears Overwhelm Facebook IPO Optimism
After weeks of hard risk deleveraging, it is reasonable to expect markets have priced in much of the mass’ fears and thereby find a temporary point of stability. With sentiment in balance, an event like the Facebook IPO could turn the ship. Yet, that was not the case through Friday’s session.
Will Brain Science Ever Explain Why Traders Make $2 Billion Mistakes?
By Sarah Churchville, Minyanville
People may behave unreasonably and even self-destructively in other arenas, but when it comes to the market, clinical rationality wins the day, right?
Well, we all know better than that.
Client flows and risk aversion - cognitive dissonance
It’s probably fair to say that markets are now saturated with negatives regarding Greek exit risks,...
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To QE3 or Not To QE3: That is the Question
U.S. Review To QE3 or Not To QE3: That is the Question Some market participants are beginning to...
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EUR: Don't Expect Much From G8
TODAY'S BIGGEST PERCENTAGE MOVERS EUR/NZD +330 pips +2.00% NZD/JPY
Weekly Technical Overview of the Major Currencies and Cross Rates
Check out our latest technical report which offers and overview and outlook for the major FX markets…
Canada: Headline and core inflation edge upwards
Core CPI, by Bank of Canada (BoC) definition, increased in April by 0.4% and 2.1% MoM and YoY,...
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Options Trading On Facebook
Options on Facebook (NASDAQ: FB) will be available as early as May 29th. With volatile price action in FB after its IPO, traders will look to options strategies to profit. In the next several months FB is going to face pressure to grow into its current 100 Billion dollar valuation.
magicJack VocalTec CEO Sells 1M Shares
Long term and strategic investors, including the Company's Chairman, President and three shareholders, each of which already beneficially owns more than five percent of the magicJack's outstanding ordinary shares, bought approximately one million shares from Dan Borislow, magicJack's (NASDAQ: CALL)
