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Forex: AUD/USD under pressure; China PMI data ahead

25.05.12

“The hourly design shows RSI heading lower at 31 while momentum aims marginally higher, losing the bearish soften,” says Valeria Bednaik , Chief Analyst at FXstreet.com. “Still with 4 hours indicators also pointing for more slides, the angle is bearish for this Monday, with 1.0670 as key take to break to see a longer term glide in the pair.” © 2012 “FXstreet.com. The Forex Market-place” All Rights Reserved. Every creation is made to provide accurate and complete dope. However, with the thousands of documents available, often uploaded within inadequate deadlines, we cannot guarantee that there will be no errors. Any republication or redistribution of FXstreet.com contentedness is expressly prohibited without the prior written comply of FXstreet.com. Trading foreign traffic on margin carries a high unchanging of risk and may not be suitable for all investors. The grave degree of leverage can work against you as well as for you. Before deciding to pursuit foreign exchange you should carefully esteem your investment objectives, level of episode and risk appetite. The possibility exists that you could tolerate a loss of some or all of your initial investment and therefore you should not inaugurate money that you cannot afford to lose. You should be hep of all the risks associated with foreign swap trading and seek advice from an outside financial advisor if you have any doubts. Any opinions, advice, research, analyses, prices or other gen contained on this story, by FXstreet.com, its employees, partners or contributors, is provided as across the board market commentary and does not constitute investment counsel. FXstreet.com will not accept liability for any impoverishment or damage, including without limitation to, any wasting of profit, which may arise directly or indirectly from use of or faith on such information. Trading foreign market on margin carries a high even of risk and may not be suitable for all investors. The aged degree of leverage can work against you as well as for you. Before deciding to truck foreign exchange you should carefully believe your investment objectives, level of observation and risk appetite. The possibility exists that you could endure a loss of some or all of your initial investment and therefore you should not establish money that you cannot afford to lose. You should be conscious of all the risks associated with foreign Stock Exchange trading and seek advice from an unregulated financial advisor if you have any doubts. Opinions expressed at FXstreet.com are those of the single authors and do not necessarily represent the sentiment of FXstreet.com or its management. FXstreet.com has not verified the Loosely precision or basis-in-fact of any claim or report made by any independent author: errors and Omissions may befall.Any opinions, news, research, analyses, prices or other dope contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as universal market commentary and does not constitute investment admonition. FXstreet.com will not accept liability for any drubbing or damage, including without limitation to, any disadvantage of profit, which may arise directly or indirectly from use of or dependence on such information.

Source: FXstreet.com

Forex: USD/JPY trims intraday losses

25.05.12

From a polytechnic perspective, "Indicators approach their midlines, still in adversarial territory, while 4 hours chart holds its dominating bullish timbre: momentum bounced on the 100 line

Source: NASDAQ