Post Tagged with: "Employment Change"
Forex Daily Outlook – September 10th 2009
After more dollar weakness, this day is fully packed with indicators.: rate decisions from Britain and Canada, employment data from the US and Australia and many more important releases are due today. Take a deep breath. After NZD/USD practiced a knee jerk reaction on the rate decision, will we see the same on British and
Canadian Dollar Outlook – September 7-11 2009
USD/CAD remained in the mainstream, with perfect range trading. This week’s rate decision and 3 more important Canadian indicators will shape the loonie’s direction. Here’s an outlook for the key Canadian events, and a technical analysis for USD/CAD. USD/CAD updated forex graph, with support and resistance lines The surprising rise in Canadian jobs (employment change)
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
Forex Weekly Outlook – September 7-11 2009
After an extremely busy week, the upcoming week is more relaxed, especially for North American traders, which enjoy the Labor Day weekend. Later in the week, things warm up with rate decisions from Britain, Canada and New Zealand, and many other important indicators. Non-Farm Payrolls, as well as a big number of other important indicators,
Forex Daily Outlook – September 4th 2009
It’s the last day of this very busy week and it features the most important release: Non-Farm Payrolls. Will the king of forex trigger a new direction for the dollar? There are a few more indicators today, as the G20 meetings begin. Most currencies are still trading in the same ranges. I’ve focused on the
Canadian Dollar Outlook – August 31 – September 4 2009
USD/CAD made small gains in the past week, and can go anywhere in the upcoming week. 4 important Canadian releases will shape its direction, especially on Friday. Here’s an outlook for this week’s Canadian events, and an updated technical analysis for USD/CAD. USD/CAD forex chart with support and resistance lines marked inside: Better than expected
Forex Daily Outlook – August 6th 2009
Big day today in forex trading: rate decisions from Europe and Britain are in the limelight. There’s lots more. Take a deep breath… Australia starts the day in a very strong manner: Employment Change is predicted to fall by 18.8K after falling by 21.4K last time. The Unemployment Rate is predicted to rise from 5.8%
Forex Daily Outlook – August 5th 2009
The market finally “exploded” this week, with the dollar losing ground across the board. Today features the ADP Non-Farm Employment Change, ISM Non-Manufacturing PMI, important releases from Britain and more. Let’s see what’s up. Will the greenback continue to retreat? After the interest rate stayed unchanged, AUD/USD will move today by the Trade Balance. It’s
AUD/USD Outlook – August 3-7 2009
This week, AUD/USD faces 6 major events which will shape it’s trading. After closing above another resistance line, the prospects look good for the Aussie. Here’s an outlook for this week’s events, and a technical analysis for the AUD/USD: Major releases in Australia this week. The interest rate decision will stand out, but the others
NZD/USD Outlook – August 3-7 2009
The New Zealand dollar crawled upwards in the last week, but didn’t make big moves. This week’s three major events + Non-Farm Payrolls, could set a new direction for the slow-moving kiwi. Here’s an outlook for this week’s important releases in New Zealand, and a graphical technical analysis of