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Forex Daily Outlook – May 6 2010

British voters go to the polls. This election is expected to deny all three major parties an outright majority which may bring uncertainty to the markets, US unemployment claims are dropping, US, Federal Reserve Chairman Ben Bernanke delivers a speech at the 46th Annual Conference on Bank Structure and Competition, in Chicago, US Treasury Secretary

AUD/USD Outlook – May 3-7

AUD/USD Outlook – May 3-7

A very busy week expects Aussie traders with the rate decision is the key event. Here’s an outlook for the 11 Australian events, and an updated technical analysis for AUD/USD. AUD/USD graph with support and resistance lines marked. Click to enlarge: Producer prices rose by 1%, higher than expected, but consumer prices rose exactly as

AUD/USD Outlook – April 5-9

AUD/USD Outlook – April 5-9

The Aussie is expected a critical week that contains an unknown outcome in the rate decision and the all-important employment figures among other events. Here’s an outlook for the Australian events and an updated AUD/USD technical analysis. AUD/USD graph with support and resistance lines on it. Click to enlarge: Despite the greenback’s weakness during the

Forex Daily Outlook – March 4th 2010

Tension rises in the forex market as the calendar is very busy today. The highlights are rate decisions in Europe and Britain, plus a busy American calendar. Let’s see what’s awaiting us today. Tension also comes from a possible resolution to the Greek crisis (although fragile), and the hints towards the big event on Friday:

AUD/USD Outlook – March 1-5 2010

AUD/USD Outlook – March 1-5 2010

The Aussie finished lower this week, suffering from risk aversive trading. The upcoming week is busy also in Australia, with a rare combination of a rate decision and GDP day after day. Here’s an outlook for the 13 Australian events, and an updated technical analysis for AUD/USD. AUD/USD chart with support and resistance lines marked.

AUD/USD Forecast – December 7-11

AUD/USD Forecast – December 7-11

Looking for the latest outlook, for the current week? Check out the section: AUD/USD Forecast The Aussie enjoyed a rate hike but couldn’t stand against the excellent Non-Farm Payrolls in the US. The upcoming week allows the Aussie to retaliate with its own employment figures. Looking at the previous month, they should be good. There

Australian Dollar Outlook – November 2-6 2009

Australian Dollar Outlook – November 2-6 2009

Looking for the latest outlook, for the current week? Check out the section: AUD/USD Forecast After giving in to the dollar, the Aussie could rise this week on another rate hike. This is part of a very busy week for Aussie traders – there are twelve more events in Australia. Here’s an outlook for the

Forex Daily Outlook – September 7th 2009

Labor Day in North America means very few indicators today. Low volume may contribute to some strange moves. Let’s see what’s up for today. Australian AIG Construction Index and ANZ Job Advertisements start the day. The latter indicator has been following for quite some time, with a 1.7% drop last time. The big question is: Will the

AUD/USD Outlook – September 7-11 2009

AUD/USD Outlook – September 7-11 2009

AUD/USD traded in a perfect range, and in the late hours of Friday afternoon, it made a breakout and closed above 0.85. This week’s employment figures, as well as 7 other indicators, will shape the direction. Here’s a review for this week’s Australian events and a technical analysis for AUD/USD. AUD/USD forex chart, with support