Archive for July, 2010
GBP/USD Outlook – July 5-9
A very interesting rate decision expects us in Britain, with inflation becoming a threat. There are many more indicators in this busy week. Here’s an outlook for the British events, and an updated technical analysis for GBP/USD. GBP/USD daily graph with support and resistance lines on it. Click to enlarge: The pressure for a rate
EUR/USD Outlook – July 5-9
The rate decision towards the end of the week is the main European event in the upcoming week, after the common currency settled on higher ground. Here’s an outlook for the European events and an updated technical analysis for EUR/USD. EUR/USD daily graph with support and resistance lines on it. Click to enlarge: It will
Forex Daily Outlook – July 6 2010
US ISM Non-Manufacturing PMI, Canada, Building Permits, Swiss CPI and Australian rate decision are the major events on our menu. Here is an outlook for today’s events. In the US, ISM Non-Manufacturing PMI a leading indicator of economic conditions in the services industries: agriculture, mining, construction, transportation, communications, wholesale trade and retail trade, The ISM
Forex Daily Outlook – July 5 2010
Exiting news to start the week, in Britain interesting raises in House Price Index; in Australia Job Advertisements and in New Zealand Survey of Business Opinion showing optimism. let’s see what await us today. In Europe, Retail Sales monthly report that measures the change in the total value of inflation-adjusted sales at the retail level
Forex Weekly Outlook – July 5-9
After the Non-Farm Payrolls, the upcoming week features many rate decisions and employment data from Australia and Canada. Here’s an outlook for the major events that will move the markets this week. The debt issues in Europe, and the growing fear of a double dip recession, continue accompanying us all the time. The situation in
Proper Money Management Will Make Forex More Mainstream
In the third article about making forex more mainstream, we’ll examine the role of money management – a buzzword often heard but rarely practiced. Previous article: Forex Education – The First Step to Make Forex More Mainstream. Previous article 2: Forex in Banks – Essential for Bringing Forex to the Masses With stock portfolios, people are
Forex Daily Outlook – July 2 2010
US Non-Farm Payrolls expected drop, followed by US Average Hourly Earnings and Factory Orders highlight the events today. Here’s an outlook on the week closing events. In the US, Non-Farm Payrolls: The number one event in forex was worrying last month. A big jump was recorded – 432K, but this came almost only from the public sector
Forex in Banks – Essential for Bringing Forex to the Masses
Having the ability to trade currencies using regular banks will be a big step forward in bringing forex trading to the masses. This is the second article in a series of articles about forex coming to the mainstream. Previous article: Forex Education – The First Step to Make Forex More Mainstream. Most people make investments
Forex Daily Outlook – July 1 2010
Another busy day is ahead with American Unemployment Claims, American ISM Manufacturing PMI and American Pending Home Sales. Many other events will be reviewed today. Here’s an outlook for the market-moving events that are awaiting us. In the US, American Unemployment Claims: This weekly figure is still causing trouble for the dollar. Jobless claims refuse to