Results for industrial
2 articles with this tag name
  • EUR/USD Hit By Profit Taking as Eco Data Provides No Support
    On a very quiet night of trade with Japan markets closed for a holiday, EUR/USD held its ground, for most of the early European session pivoting around the 1.3700 level. However news of a weak EZ Industrial Production report triggered a slew of stops and the pair tumbled to 1.3550 within a matter of minutes by midday European trade.
  • EZ Industrial Production Provides No Sparks
    Eurozone Industrial Production contracted further in the month of February losing -3.5% versus expectations of -3.8% drop. On a yearly basis industrial output fell -17.3% vs. forecasts of -15.5% decline. The news was hardly surprising to the market given the continuing complete collapse of global demand.

TRADE IDEAS

  • Trades to Watch
  • Trades in Progress
currency trade idea
GBP/USD
Medium term



 Sell Sell at 1.5904
Stop at 1.5924
Target at 1.5874
currency trade idea
CAD/JPY
Long term
Opened 2/10/2012
 Buy Long from 77.6500
Stop at 76.65
Target at 78.9
GBP/CHF
Medium term
Opened 2/8/2012
 Sell Short from 1.4470
Stop at 1.4602
Target at 1.4352
AUD/CAD
Medium term
Opened 2/6/2012
 Buy Long from 1.0740
Stop at 1.0655
Target at 1.085
These are hypothetical trades and should not be relied upon as a substitute for independent research.

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