Archive for March, 2010
Forex Daily Outlook – April 1st 2010
American Weekly Unemployment Claims and ISM Manufacturing PMI will be in the limelight on April’s fools day, among figures from all over the world. Let’s see what’s up for today. The tension towards Friday’s Non-Farm Payrolls continues to mount. The dollar, that had a rough beginning to the week, is correcting the losses. Will this
Aussie Losing its Charm?
The Australian dollar dipped on bad fundamentals – something quite uncommon. Does this imply a long term change? An update on the Australian economy as well as AUD/USD technicals. At the beginning of the week, things looked good for the Aussie. Glenn Stevens, the governor of the RBA, said that house prices are too high
Forex Daily Outlook – March 31st 2010
American ADP payrolls, factory orders, Canadian GDP and the important Japanese Tankan indicator are the highlights of a very busy day n forex trading. There are many more events from all over the world. Let’s see what’s up for today. Australia provides a strong start to the day with two major releases: Retail Sales, which
GBP/JPY Breaking Higher
The British Pound got some great news, managed to climb. While GBP/USD stopped at a resistance line, GBP/JPY managed to break higher. Update on both pairs. British Nationwide HPI rose by 0.7%, significantly higher than the early expectations for a 0.2%. This important house prices index showed that the dip in house prices last month
Forex Technical Levels, Events and Expected Breakouts on the Video Outlook
On the weekly video outlook on Forex TV, I spoke with Julie Sinha about the events of this week (Non-Farm Payrolls, and many others), technical levels for the majors, and expected breakouts. Enjoy: Want to see what other traders are doing in real accounts? Check out Currensee. It’s free
Forex Daily Outlook – March 30th 2010
Today’s calendar is already busier. British Final GDP and the American CB Consumer Confidence will stand out. Let’s see what’s awaiting us today. Non-Farm Payrolls for March continue to carry high expectations. While this might boost the dollar, Monday’s trade wasn’t too favorable for the greenback. Today’s figures could set the direction
Full Recovery for EUR/USD? Not So Fast
EUR/USD enjoyed an active Asian session to make very significant gains in the wake of the new week. With the back wind of the Greek plan, is the Euro changing directions? Not so fast. During the Asian session, EUR/USD made a move above 1.3423. This was the previous support line. When the pair was trading higher,
Forex Daily Outlook – March 29th 2010
The new week starts with American Personal Spending among other figures from all over the world. Will EUR/USD resume the downtrend? Let’s see what will move the markets today
Will the Greenback Fly the Non-Farm Payrolls?
The upcoming Non-Farm Payrolls release on April 2nd should be significantly different than previous releases. The special timing and the a realization of the high expectations could send the dollar way up. Here’s a preview. For newbies, and not only them, I recommend reading my 5 notes for Non-Farm Payrolls trading. This is always a very exciting,
Forex Weekly Outlook – March 29 – April 2
The upcoming week contains important events in many countries: Japan’s Tankan index, Canadian and British GDP and employment from Europe and the US – the Non-Farm Payrolls, which are the climax. Will the dollar continue to advance for another week? Here are the biggest market movers expecting us this week. Non-Farm Payrolls are published on