Post Tagged with: "CPI"
Canadian Dollar – November 22-26
Inflation Rate and Retail Sales are the major events in the coming week. Here is an outlook on the events ahead and an updated technical analysis for USD/CAD. USD/CAD daily chart with support and resistance lines marked. Click to enlarge: Last week encouraging economic data raised hopes that recovery is back on track, despite an
EUR/USD Outlook – November 22-26
Apart from the ongoing Irish crisis, a very busy week expects Euro/Dollar traders, with no less than 11 events. Here’s an outlook for the European events, and an updated technical analysis for the volatile EUR/USD. EUR/USD chart with support and resistance lines on it. Click to enlarge: Things seemed quite bad for the Euro early
Forex Weekly Outlook – November 22-26
American Prelim GDP, US FOMC Meeting Minutes and US Unemployment Claims are the highlight of this week. Here is an outlook on the market-moving events shaping forex trading. Last week, European Central Bank President Jean- Claude Trichet signaled to Ireland and Greece to stop relaying on ECB Support and ask for an international bailout. Irish central bank
AUD/USD Nov. 17 – Struggling on Low Support
AUD/USD lost ground and is now at lower support, after receiving economic data that was inline with expectations. It still has room towards a more important support line. Here’s a quick update on technicals, fundamentals and community trends
EUR/USD Nov. 17 – Approaching Important Support
EUR/USD lost another cushion on the way down, as both Irish and Greek problems become contagious. Can it bounce here, or will the downfall continue? Here’s a quick update on technicals, fundamentals and community trends
Forex Daily Outlook – November 17 2010
Building Permits, Core CPI in the US & Claimant Count Change in the UK are only a few of the important events on today’s hectic outlook. .Let’s see what awaits us today. In the US, Consumer Price Index (CPI), price of goods and services purchased by consumers is about to rise by 0.2% & the
EUR/USD Nov. 16 Leaning Lower on Busy Day
EUR/USD continues losing ground and is dropping towards lower support, as the calendar becomes busy. Will it make another big drop or recover? Here’s a quick update on technicals, fundamentals and community trends
Forex Daily Outlook – November 16 2010
TIC Long-Term Purchases in the US, CPI & BOE Inflation Letter in the UK are some of the exciting events that awaits today. In the US, Producer Price Index (PPI), price of finished goods and services sold by producers is about to rise by 0.3% and the Core PPI (excluding food and energy) is about
EUR/USD Outlook – November 15-19
After a volatile week of downfalls, Euro traders now expect the important ZEW survey, as well as other important indicators. Here’s an outlook for the European events, and an updated technical analysis for EUR/USD, on lower ground. EUR/USD daily chart with support and resistance lines marked. Click to enlarge: Euro/Dollar lost more than 350 pips
GBP/USD Outlook – November 15-19
A very busy week expects pound traders – inflation and employment figures are the highlights. Here’s an outlook for the British events, and an updated technical analysis for GBP/USD. GBP/USD daily chart with support and resistance lines marked. Click to enlarge: The pound showed significant strength in the past week, weathering the dollar’s storm. This