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AUD/USD Outlook – Jan. 31 – Feb 4

AUD/USD Outlook – Jan. 31 – Feb 4

After a choppy week, Aussie trades expect a very busy week, with no less than 13 events. The rate decision is the highlight. Here’s an outlook for these events and an updated technical analysis for AUD/USD. We’ve seen that inflation wasn’t imported from China, easing pressures for a rate hike in Australia. At least it

Forex Daily Outlook – November 1 2010

We start the week with interesting news in the Us, ISM Manufacturing PMI, Manufacturing PMI in Great Britain and more exciting events. Let’s see what awaits us today. In the US, The Institute for Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI), Monthly Survey of about 400 purchasing managers to rate the relative level of

AUD/USD Outlook – November 1-5

AUD/USD Outlook – November 1-5

A very busy week expects Aussie traders, with the rate decision being the highlight of 12 events. Here’s an outlook for these events, and an updated technical analysis for AUD/USD. AUD/USD daily chart with support and resistance lines on it. Click to enlarge: AUD/USD got closer to parity at the beginning of the week, but

Forex Daily Outlook – September 22 2010

U.S. crude oil inventories, Canada’s retail sales data, Bank of England MPC Meeting Minutes and New Zealand GDP are the main market mover events on our menu today. Here is an outlook on all the coming events. In the US, Crude Oil Inventories released weekly decreased by 2.5M last week an increase is expected after

Forex Daily Outlook – August 25 2010

Very interesting news and updates coming up today. New Home Sales in the US, Corporate Profits in Canada, Construction Work Done in Australia. Let’s see what awaits us today. In the Us, New Home Sales, an important gauge of housing market conditions measuring the number of newly constructed homes with a committed sale during the

Forex Daily Outlook – August 4 2010

U.S. ADP an early indicator of non-farm payrolls and US ISM Non-Manufacturing Index are the major activities on our menu. Here is an outlook on today’s market moving events. U.S. Automatic Data Processing Employment Report, a preliminary estimate for the outcome of the monthly non-farm payrolls is expected to add as many as 36,000 new

AUD/USD Outlook – August 2-6

AUD/USD Outlook – August 2-6

A very busy week expects Aussie traders, with the rate decision standing in the limelight. Here’s an outlook for the 13 events that will rock the Aussie, and an updated technical analysis for AUD/USD. AUD/USD daily chart with support and resistance lines on it. Click to enlarge: The quarterly release of CPI was weak in

Forex Daily Outlook – June 22 2010

US Existing Home Sales on the rise, US Treasury Secretary Timothy Geithner testifies before the Congressional Oversight Panel in Washington DC, and US House Price Index are the major events of the day. Let’s review the today’s activities. In the US, Existing Home Sales expected an increase of 400,000 above 5.77 M in May. This

Forex Daily Outlook – May 25 2010

US Consumer Confidence is expected to continue its rise as well as Composite-20 HPI. US, Federal Reserve Bank of St Louis President James Bullard delivers a speech in London and House Price Index is expected to rise. Let us see what awaits us today. In the US, CB Consumer Confidence is expected to continue its rise

Forex Daily Outlook – May 3 2010

Starting the week with a variety of events. ISM Manufacturing PMI in the USD, Labor Cost Index in New Zealand and President Axel Weber speak in Frankfurt; Let see what else awaits us this day,  In the US, Institute for Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI); Survey released monthly of about 400 purchasing