Post Tagged with: "GDP"
[Video] Free Falling Euro, Technical Levels for Key Pairs, Busy Week and more
The Euro is free falling. Where will it stop? In the weekly interview on Forex TV, I spoke with Julie Sinha about technical levels for the Euro, the pound, the Aussie and the loonie, in this very busy week. Enjoy!
Canadian Dollar – November 29- December 3
GDP and Employment data are the major market-movers this week. Here is an outlook on the events that will shape the price of the Canadian dollar, and an updated technical analysis for USD/CAD. USD/CAD daily chart with support and resistance lines marked. Click to enlarge: Canada’s next budget will not include big new spending plans
AUD/USD Outlook – Nov. 29 – Dec. 3
The Aussie couldn’t avoid the European storm and lost a lot of ground. The upcoming week is very busy in terms of indicators – no less than 13 are published in Australia, with GDP being the highlight. Here’s an outlook for these events and an updated technical analysis for AUD/USD. AUD/USD daily chart with support
Forex Weekly Outlook – November 29- December 3
Influential activities await forex traders this week with American and Canadian employment data, US Consumer Confidence, Ben Bernanke speech and Canadian and Australian GDP. Here is an outlook on this week’s market moving events. Americans increased spending and record low unemployment claims in October signifying a real recovery process in the US. Household purchases advanced 0.4 percent after
AUD/USD Nov. 23 – Dives On Korean Crisis
AUD/USD erased gains and the support line after the news about the Korean clashes broke out. There are lots of economic indicators to rock the pair as well. Here’s a quick update on technicals, fundamentals and community trends
EUR/USD Nov. 23 – Falls to Low Support on Crisis
EUR/USD lost a lot of ground and fell to lower support as the Irish crisis is still on, and on the tension between North and South Korea. Will it reach fresh lows, or will it stabilize on this busy day? Here’s a quick update on technicals, fundamentals and community trends
EUR/USD Nov. 12 – Fall Continues on GDP
EUR/USD lost another important support line and is looking for further losses, fueled also by weak GDP in Germany and France. Will the pair stabilize or continue downhill? Here’s a quick update on technicals, fundamentals and community trends
EUR/USD Outlook – November 8-12
After a roller coaster week, another busy week expects Euro/Dollar traders, with GDP releases on Friday being the highlight. Here’s an outlook for the events moving the Euro and an updated technical analysis for EUR/USD. EUR/USD graph with support and resistance lines on it. Click to enlarge: EUR/USD enjoyed the QE2 decision but later fell
US GDP Within Expectations – Dollar Retreats
GDP for the third quarter is 2% (annually), within expectations. The immediate reaction is a weaker dollar, as the number is still relatively low – showing that serious QE is needed
Forex Daily Outlook – October 29 2010
We end the week with some interesting data regarding Advance GDP in the US & in GDP in Canada and more news. Let’s see what awaits us today. In the US, Advance GDP, quarterly date of the inflation-adjusted value of all goods and services produced by the economy is about to rise by 0.4 and