FOREXYARD: Forex News Blog

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• Market Trends 11.12.12
• Market Review 11.12.2012
• Market Trends 10.12.12
• Market Trends 7.12.12
• How Will This Month’s NFP Affect Gold Prices?
• Market Trends 6.12.12
• Market Trends 5.12.12

Market Trends 11.12.12 Posted: 11 Dec 2012 02:17 AM PST Hey Everyone, Below are some market trends for today. Good luck! -Dan Gold- May see upward movement today Support- 1702.04 Resistance- 1724.54 Silver- May see upward movement today Support- 32.59 Resistance- 33.68 Crude Oil- May see downward movement today Support- 84.47 Resistance-87.00 Dax 30- May see downward movement today Support- 7465.18 Resistance- 7547.00 EUR/USD May see downward movement today Support- 1.2859 Resistance- 1.3038 Read more forex news on our forex blog

Market Review 11.12.2012 Posted: 11 Dec 2012 02:15 AM PST Speculations that the US Federal Reserve will expand its monetary easing program after they finish meeting later this week resulted in slight dollar losses during the overnight session. At the same time, worse than expected Chinese news led to risk aversion in the marketplace which limited the dollar's losses. Concerns regarding the euro-zone economic recovery, combined with the Chinese news, led to moderate losses in gold and silver prices last night. Meanwhile, crude oil gained some $0.30 a barrel during early morning trading. Main News for Today German ZEW Economic Sentiment- 10:00 GMT • Forecasted to come in at -11.4, which if true, would be the seventh month straight of negative economic sentiment in the EU's biggest economy • Worse than expected news could result in euro losses during mid-day trading US Trade Balance- 13:30 GMT • Forecasted to come in at -42.7B, below last month's -41.5B • Worse than expected news could result in dollar losses during afternoon trading Read more forex news on our forex blog

Market Trends 10.12.12 Posted: 10 Dec 2012 02:38 AM PST Hey Everyone, Below are some market trends for today. Good luck! -Dan Gold- May see upward movement today Support- 1696.15 Resistance- 1724.54 Silver- May see upward movement today Support- 32.59 Resistance- 34.28 Crude Oil- May see downward movement today Support- 85.39 Resistance-87.64 Dax 30- May see upward movement today Support- 7387.11 Resistance- 7547.00 EUR/USD May see upward movement today Support- 1.2751 Resistance- 1.3038 Read more forex news on our forex blog

Market Trends 7.12.12 Posted: 07 Dec 2012 02:27 AM PST Hey Everyone, Below are some market trends for today. Good luck! Gold- May see downward movement today Support- 1688.71 Resistance- 1712.68 Silver- May see downward movement today Support- 32.55 Resistance- 33.36 Crude Oil- May see downward movement today Support- 85.66 Resistance-87.64 Dax 30- May see downward movement today Support- 7471.88 Resistance- 7547.00 EUR/USD May see upward movement today Support- 1.2825 Resistance- 1.3075 Read more forex news on our forex blog

How Will This Month’s NFP Affect Gold Prices? Posted: 06 Dec 2012 05:16 AM PST At FOREXYARD, we believe in keeping our clients prepared for potentially significant news events. As such, traders will want to pay careful attention to the US Non-Farm Payrolls (NFP), set to be released tomorrow, December 7th, at 13:30 GMT. As can be seen in the chart below, following a better than expected Non-Farms report last month, a strengthened US dollar resulted in the price of gold tumbling by more than $20 an ounce. Don't miss out on another opportunity to capitalize on market volatility! Analysts widely agree that the Non-Farms report is the most significant news event on the forex calendar. With tomorrow's figure forecasted to come in at 91K, well below last month's 171K, the US dollar may take significant losses before markets close for the weekend. Any bearish dollar movement could result in gains for commodities and precious metals, including gold and silver. This is an excellent opportunity for forex traders to take advantage of potentially significant news, so don't miss out! Read more forex news on our forex blog

Market Trends 6.12.12 Posted: 06 Dec 2012 02:07 AM PST Hey Everyone, Below are some market trends for today. Good luck! -Dan Gold- May see upward movement today Support- 1677.03 Resistance- 1705.45 Silver- May see downward movement today Support- 32.23 Resistance- 33.39 Crude Oil- May see upward movement today Support- 86.08 Resistance- 88.88 Dax 30- May see downward movement today Support- 7388.25 Resistance- 7547.00 EUR/USD May see upward movement today Support- 1.2980 Resistance- 1.3119 Read more forex news on our forex blog

Market Trends 5.12.12 Posted: 05 Dec 2012 02:24 AM PST Hey Everyone, Below are some market trends for today. Good luck! -Dan Gold- May see downward movement today Support- 1690.90 Resistance- 1719.45 Silver- May see downward movement today Support- 32.88 Resistance- 33.83 Crude Oil- May see downward movement today Support- 87.55 Resistance- 90.30 Dax 30- May see downward movement today Support- 7263.31 Resistance- 7547.00 EUR/USD May see upward movement today Support- 1.3005 Resistance- 1.3165 Read more forex news on our forex blog

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