EUR/USD Failed to Break Out
The Euro tested the upper border of its trading range and bounced. There are many reasons for explaining the move upwards, and one good reason for not seeing a break.
EUR/USD went as high as as 1.4480 – an important resistance line, and then fell back down to the low 1.44s. Since December 16th, the pair [...]
Forex Daily Outlook – January 5th 2010
The second day of 2010 is also rather busy, with American Pending Home Sales and Factory Orders, as well as German employment figures. Let’s see what’s up for today:
The dollar’s weakness on Monday wasn’t enough for major breakouts. Possible breakouts were probably stopped after ISM Manufacturing PMI rose more than expected in the US. I [...]
Forex Daily Outlook – December 29th 2009
After a day in which many countries were on holiday, today most markets are open, and there are a few notable indicators, with American consumer confidence being the most important one. Let’s see what’s up for today:
In Switzerland, the UBS Consumption Indicator is predicted to edge higher from last month’s 0.87 points. USD/CHF seems stable [...]
EUR/USD enjoys good figures. Where next?
Contrary to last week’s behavior, the Euro rides higher on good figures, and says goodbye to the range once again. Is this another temporary swing? Or is the next target, of 1.5283 already marked?
Also the rising Pending Home Sales in the US help the Euro, as the feeling of world recovery makes the “safe haven” [...]
Forex Daily Forecast – November 30 2009
The new forex trading week starts off with the Dubai crisis still looming. Canadian GDP, and European inflation will stand out in day with events from all over the world. Let’s see what’s up for the last day of November.
Arabic version of this post
In New Zealand, Building Consents are expected to continue rising after a [...]
EUR/USD Forecast – November 30 – December 4
Looking for the latest outlook, for the current week? Check out the section: EUR/USD Forecast.
The Euro finally broke out of the range but returned to it when the Dubai crisis broke out. EUR/USD awaits a rate decision and 10 other events that will shape its direction in the upcoming week. Here’s an outlook for the [...]
British Pound Outlook – November 23-27
Looking for the latest outlook, for the current week? Check out the section: GBP/USD Forecast
The greenback’s strength hit hard on the British Pound last week. The Pound faces the second version of the Q3 GDP which isn’t expected to change dramatically, among other events. Here’s an outlook for the upcoming week in Britain and an [...]
Popular Forex Posts
Daily FX Headlines- Canadian Dollar at Risk of Pullback on Turn in Forex Sentiment March 18, 2010
- British Pound Forecast Bearish versus Japanese Yen March 18, 2010
- Canadian Dollar May Soon Reverse Against US Dollar March 18, 2010
- Swiss Franc Expected to Strengthen March 18, 2010
- Japanese Yen Forecast to Bounce versus USD March 18, 2010
Stay up to date!
-
-
