Author Archives: admin
OzForex 17 May 12
Market Commentary By Michael Judge Australian Dollar Despite consumer confidence which posted a modest rise 0.8 percent for May the Australian dollar was sold off for much of yesterday’s local session with ongoing fears surrounding Greek elections sapping the life … Continue reading
Posted in fx, OzForex
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eToro 16 May 12
Beating Q1 GDP Estimates, Germany Does All the Heavy Lifting May 15th, 11:40 am by Barbara Zigah (eToro Blog) At last a bit of good news on the Eurozone economic front; Germany’s Federal Statistics Office reported earlier today that GDP … Continue reading
Posted in eToro, fx, Uncategorized
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Synergy FX 16 May 12
Daily Forex Update: GBP/AUD 16 May 2012 2:16 am – By: Dima Chernovolov GBP/AUD continues to decline after the recent completion of the Rising Wedge chart pattern identified by Autochartist on the 4-hour charts. The overall Quality of this chart … Continue reading
Posted in fx, Synergy
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OzForex 16 May 12
Market Commentary By Michael Judge Australian Dollar The Australian dollar was initially sold off yesterday with The Reserve Bank of Australia fuelling hope of further rate cuts, stating that price-pressures are likely to remain weak whilst the non-mining sector will … Continue reading
Posted in fx, OzForex
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eToro 15 May 12
Eurozone’s Anti-Austerity/Bailout Voices Speak Loud and Clear, Again May 14th, 11:58 am by Barbara Zigah (eToro Blog)Election news is once again in the fore in Europe; in Germany, Chancellor Angela Merkel and her party of conservatives were dealt a stunning … Continue reading
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Synergy FX 15 May 12
Daily Forex Update: EUR/AUD 15 May 2012 2:08 am – By: Dima Chernovolov Autochartist has recently identified the Clear Up Channel chart pattern on the 4-hour EUR/AUD charts. The overall Quality of this chart pattern is measured at the 7 … Continue reading
Posted in fx, Synergy
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OzForex 15 May 12
Market Commentary By Michael Judge Australian Dollar It was a familiar story for the Australian dollar overnight with risk being shed across the board. Global stocks slid as did commodities with fears that Greece could leave the Euro-zone gripping markets. … Continue reading
Posted in fx, OzForex
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Synergy FX 14 May 12
Daily Forex Update: CAD/JPY 13 May 2012 11:10 pm – By: Dima Chernovolov Autochartist has recently identified the Clear Down Channel on the daily CAD/JPY charts. The overall Quality of this chart pattern is measured at the 6 bar level … Continue reading
Posted in fx, Synergy
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OzForex 14 May 12
Market Commentary By Michael Judge Australian Dollar It was a consistent sell off for the Australian dollar for much of Friday’s session with crack’s starting to appear for the higher yielding asset. Given disappointing Chinese figures in the form of … Continue reading
Posted in fx, OzForex
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eToro 12 May 12
JP Morgan’s $2 Billion Loss a Good Reminder of Better Opportunities May 11th, 1:20 pm by Barbara Zigah (eToro Blog) News that conservative banking giant JP Morgan suffered a major loss due to a botched trading strategy hit equities hard … Continue reading
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