Impact of Clock Shift On Forex
Posted on March 14, 2010
Filed Under Other Forex Stuff | 4 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
AUD/USD Outlook – March 15-19
Posted on March 13, 2010
Filed Under AUD/USD Forecast | 2 Comments
The Aussie reached higher ground this week. The upcoming week consists of the meeting minutes of the last rate decision and a few more events. Here’s an outlook for Australian events, and an updated technical analysis for AUD/USD.
AUD/USD chart with support and resistance lines marked. Click to enlarge:
This time, employment figures weren’t outstanding, only OK, generally within expectations, after four months of surprises. The Aussie dipped only temporarily, and didn’t lose the important levels it secured earlier in the week. OK, let’s start the review. The technical analysis will follow: Read more
GBP/USD Outlook – March 15-19
Posted on March 13, 2010
Filed Under GBP/USD Forecast | 8 Comments
The Pound enjoyed the dollar’s weakness to rise this week, but still under important resistance levels. The upcoming week consists of important employment figures among other events. Here’s an outlook for British events and an updated technical analysis for GBP/USD.
GBP/USD chart with support and resistance lines marked. Click to enlarge:
Mervyn King didn’t make public appearances this week. This could explain the Pound’s strength. We’ll get to hear him this week through the meeting minutes and through his colleagues. Let’s start the review. The technical analysis will follow: Read more
Forex Links for the Weekend
Posted on March 13, 2010
Filed Under Forex Links | 2 Comments
Here are my favorite reads for this weekend. I take them from the sites I follow on a regular basis. The articles are in a variety of topics:
- Larry Greenberg makes an in-depth comparison of the American and Canadian job markets and how it impacts. We’ve just seen USD/CAD getting closer to parity on great Canadian jobs.
- Adam Kritzer announces the return of the Yen carry trade, following its recent weakness.
- Kathy Lien sees an upside for the yen, and discusses other currencies in a TV interview.
- Macro Man plays the game of 20 questions, some are critical for forex.
- Casey Stubbs highlights a petition to stop the CFTC, especially the 10:1 leverage proposal. We’ve seen introducing brokers join the fight this week.
- Jay Norris discusses which times are bad for trading – when not to trade.
- Michael Greenberg reports about a new phenomenon on in forex web: sites for comparing broker spreads. He also shares his interesting opinion.
That’s it. Have a great weekend!
Want to see what other traders are doing in real accounts? Check out Currensee. It’s free.
« go back — keep looking »Popular Forex Posts
Daily FX Headlines- Euro Leads Major Currencies Lower on Rumors Greece to Seek IMF Aid March 18, 2010
- USD/JPY Classical 03.18 March 18, 2010
- USD/CHF Classical 03.18 March 18, 2010
- USD/CAD Classical 03.18 March 18, 2010
- NZD/USD Classical 03.18 March 18, 2010
Stay up to date!
-
-
