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Forex Daily Outlook – September 13 2010

We start the week with some interesting updates from New Zealand Retail Sales,  in UK (RICS) House Price Balance & Nationwide Consumer Confidence Survey and much more, Let’s see what awaits us today. In New Zealand Retail Sales, Monthly data that measurers the total value of sales at the retail level, excluding automobiles, decreased by

NZD/USD Outlook – September 13-17

NZD/USD Outlook – September 13-17

A busy week expects kiwi traders, with the interest rate decision being the highlight. Here’s an outlook for events in New Zealand and an updated technical analysis for NZD/USD. NZD/USD daily chart with support and resistance lines marked. Click to enlarge: The kiwi enjoyed risk appetite to make some gains. This week, it depends on

Forex Daily Outlook – August 11 2010

U.S. and Canada’s Trade Balance followed by British Jobless Claims are the major activities today. Here is an outlook on the market moving events. In the US, American Trade Balance deficit is expected to decrease from 42.3B to 42.0B following the worse than expected deficit increase in May

NZD/USD Outlook – August 9-13

NZD/USD Outlook – August 9-13

Retail sales and other figures will shape the direction of the kiwi in the upcoming week. Here’s an outlook for the events that will move the New Zealand dollar, and an updated technical analysis for NZD/USD. NZD/USD chart with support and resistance lines marked. Click to enlarge: The kiwi was hurt by the disappointing employment

Forex Daily Outlook – July 12 2010

We start the week with Britain Final GDP, Business Outlook Survey in the Bank of Canada, Chairman Ben Bernanke speech in Washington DC and more interesting news, let’s see what awaits us today. In the US, Federal Reserve Chairman Ben Bernanke; delivers a speech titled “Restoring the Flow of Credit to Small Business” at the

NZD/USD Outlook – July 12-16

NZD/USD Outlook – July 12-16

Retail sales and the all-important CPI are the major events that will rock the kiwi this week. Here’s an outlook for the events in New Zealand, and an updated technical analysis for NZD/USD. NZD/USD daily chart with support and resistance lines. Click to enlarge: The kiwi advanced after crossing the round number of 0.70. It’s

NZD/USD Outlook – June 7-11

NZD/USD Outlook – June 7-11

This week is critical for the kiwi – a rate hike is expected from the central bank. Here’s an outlook for the events in New Zealand and an updated technical analysis for NZD/USD. NZD/USD chart with support and resistance lines on it. Click to enlarge: The kiwi suffered from the American Non-Farm Payrolls, like all

Forex Daily Outlook – May 12 2010

US expects another negative trade balance while decreased federal budget deficit raises optimism in the market; Federal Reserve Bank of St Louis President James Bullard speaks, in Nashville and good news for Canada’s economy with a positive Trade Balance and Housing Price Index. A busy day full of events awaits us today. In the US,