Aussie Rising With Economy

Australian GDP surprised in Q2 with a strong growth rate of 1.2%, higher than expected. This helped AUD/USD settle above 0.90 and aim for the next resistance level. Update on this high yielding currency. Australia publishes its Gross Domestic Product quite late, and doesn’t provide preliminary releases. After all the wait, the news were good:

Forex Daily Outlook – August 31 2010

U.S. Consumer Confidence, U.S. FOMC Meeting Minutes and Canada’s GDP are the major events on today’s menu. Here is an outlook on the market moving events awaiting us today. In the US, Consumer Confidence Index forecasts a small increase in consumer confidence to 50.7 from 50.4 however an unexpected decline in the index would be possible [...]

Forex Daily Outlook – August 30 2010

A busy week begins with a busy day – US consumer spending is the highlight of today, amongst many releases from around the world. Will we see more devastating figures already today? Or will tension remain high until the Non-Farm Payrolls? Let’s see what’s up for today: In New Zealand, economic figures are released early [...]

AUD/USD Outlook – August 30 – September 3

A very busy week expects Aussie traders, with GDP and 12 other events to rock the currency, that still shakes by the election results. Here’s an outlook for the Australian events and an updated technical analysis for AUD/USD. AUD/USD daily chart with support and resistance lines marked. Click to enlarge: The elections ended in a [...]

USD/CAD Outlook – August 30 – September 3

The Canadian dollar expects another rather calm week, but with one key event to rock it – GDP. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD, now on higher ground. USD/CAD daily chart with support and resistance lines marked. Click to enlarge: Weak retail sales and the growing notion [...]

EUR/USD Can’t Break Higher After Economic Sentiment Crumbles

The important ZEW Economic Sentiment survey fell once again, showing that Europe isn’t really doing much better than the US. The Euro erases early gains and drops. German ZEW Economic Sentiment fell from 21.2 to 14 points. Early expectations stood on small slide to 20.9 points. The survey of 350 German institutional investors is a [...]

EUR/USD Aug. 17: Will Consolidation End?

The Euro made some limited gains, but failed to break above the resistance line. It now trades in a very narrow range. When will it explode? This busy day could send it out of range.  Here’s a quick update on fundamentals, technicals and community trends.

EUR/USD Outlook – August 16-20

After a terrible week for the Euro, it now expects a relatively calm week, with the ZEW Economic Sentiment being the highlight. Here’s an outlook for the European events, and an updated technical analysis for EUR/USD, now at much lower ground. EUR/USD graph with support and resistance lines on it. Click to enlarge: Excellent GDP [...]

Forex Daily Outlook – August 9 2010

We start the week with interesting news in Australia Home Loans, In Europe German Trade Balance, in Japan the Economy Watchers Sentiment and more. Let’s see what awaits us today. In Australia, Home Loans decreases by 0.2%, the monthly a leading indicator of demand in the housing market, that measurers the change in the number [...]

Forex Daily Outlook – July 19 2010

We start the week with interesting news in Australia – Monetary Policy Meeting Minutes and RBA Governor Glenn Stevens speech, German PPI is dropping and more news. let’s see what awaits us toddy. In the US, Federal Open Market Committee (FOMC) Governor Elizabeth delivers opening remarks at a hearing on the Community Reinvestment Act, in [...]

keep looking »

  • Forex Crunch

    Forex Crunch is a blog all about the foreign exchange market. It includes and will include: tutorials, basics of the forex market, daily and weekly forex analysis, technical analysis, forex software posts, and whatever is related to Forex. Forex Crunch aims to deal with forex trading, but with a more personal touch. More...

  • Stay up to date!

    Subscribe By Email

    Enter your email address:


    Trade together with Currensee

    Search

  • Forex Crunch Pages

  • Forex Categories

Bad Behavior has blocked 2119 access attempts in the last 7 days.