EUR/USD – Edging Up Before the Plunge?
Posted on March 16, 2010
Filed Under Forex Opinions | 2 Comments
Looking at the hourly charts, EUR/USD is trading in an uptrend channel since the end of February. The near past tells us that the drop is near. The charts can speak for themselves.
Forex Daily Outlook – March 16th 2010
Posted on March 15, 2010
Filed Under Daily Forex Forecast | 1 Comment
The week opened with dollar strength on a rather light calendar. Today is already very bust: major releases in Europe are followed by the rate decision in the US: will Bernanke send new signals? Here’s the daily outlook.
The strong volatility seen on Monday’s trading was also influenced by the different time difference between Europe and North America. This will accompany us for two more weeks. Read more
Forex Daily Outlook – March 15th 2010
Posted on March 14, 2010
Filed Under Daily Forex Forecast | 5 Comments
After the dollar retreated last week, Monday opens with many US releases. TIC Long-Term Purchases will probably shake the market, among other events. Let’s see what’s up for today:
In Australia, a speech by Malcolm Edey, RBA assistant governor, can move the markets very early in the week. This speech comes a day before the meeting minutes from the latest decision are released.
For more on the Aussie, read the AUD/USD forecast. Read more
Impact of Clock Shift On Forex
Posted on March 14, 2010
Filed Under Other Forex Stuff | 3 Comments
In the US and Canada it’s already summer – at least according to their clocks – they’ve just moved to daylight saving time. European countries make this shift only in two weeks from now. This difference has an impact on forex trading. Let’s see how. Read more
Forex Weekly Outlook – March 15-19
Posted on March 13, 2010
Filed Under Forex Weekly Outlook Forecast | 2 Comments
The dollar retreated in the past week on most fronts. Was it a temporary move? The upcoming week provides lots of American events, with Ben Bernanke’s rate decision being the highlight. Here’s an outlook for this week’s market-moving events.
In the forex industry, the proposed regulations by the CFTC are again in the news, as their decision is getting close. Also Introducing Brokers joined the fight against these proposals. We’ll probably hear more about it in the upcoming week. OK, let’s look at the market: Read more
EUR/USD Outlook – March 15-19
Posted on March 13, 2010
Filed Under EUR/USD Forecast | 10 Comments
EUR/USD made some gains, enjoying greenback weakness. The upcoming week contains 7 events that will move the Euro. Here’s an outlook for these events and an updated technical analysis for EUR/USD.
EUR/USD chart with support and resistance lines marked. Click to enlarge:
In the middle of the week, I wrote about bullish signs for the Euro within the range. Indeed, EUR/USD closed higher, but didn’t break any major levels. Will it stay in the range? Break? Let’s start the review. The technical analysis will follow: Read more
USD/CAD Outlook – March 15-19
Posted on March 13, 2010
Filed Under Canadian Dollar Forecast | 3 Comments
The Canadian dollar made a significant move at the end of the week, and approaches parity with the US dollar. 6 events will shape the direction of the loonie, with the most important ones kept for Friday. Here’s an outlook and an updated technical analysis for USD/CAD, now on lower ground.
USD/CAD chart with support and resistance lines marked. Click to enlarge:
Canada’s unemployment rate fell again, surprising analysts. Although it wasn’t too far from early expectations, this gave the loonie the necessary push. Inflation and retail sales promise another action-full Friday for the Canadian dollar. Let’s start: Read more
keep looking »Popular Forex Posts
Daily FX Headlines- USD/JPY Classical 03.16 March 16, 2010
- USD/CHF Classical 03.16 March 16, 2010
- USD/CAD Classical 03.16 March 16, 2010
- Euro Volatility Likely on German ZEW Survey, EU FinMin Summit Outcome March 16, 2010
- NZD/USD Classical 03.16 March 16, 2010
Stay up to date!
-
-
