Post Tagged with: "IFO Business Climate"
EUR/USD Outlook – October 18-22
Two major German surveys are the highlights of this week’s European events. Here’s an outlook for these events, and an updated technical analysis for the strengthening Euro. EUR/USD daily chart with support and resistance lines marked. Click to enlarge: EUR/USD managed to overcome the loss of uptrend support, and continued moving forward. Will it make
Forex Weekly Outlook – October 18-22
A busy week awaits forex traders with important American events such as Unemployment Claims, TIC Long-Term Purchases, Building Permits and The Philadelphia Fed’s manufacturing index. Here is an outlook on the major market movers. EUR/USD made an impressive break above 1.40 last week and back above the trend line while the dollar buckled; a second
EUR/USD Broke Above Significant Barrier on US Weakness
EUR/USD reached a fresh 5 month high, and more importantly broke an important resistance line. This comes on top of weak US data and good European data. Euro/Dollar broke above the important barrier of 1.3435 – this was a stubborn support line back in February. The Euro didn’t fall below this point and it happened
EUR/USD Outlook – September 20-24
The Euro enjoyed the dollar’s weakness and will now face many important surveys and PMI figures among other indicators. Here’s an outlook for European events and an updated technical analysis for EUR/USD. EUR/USD daily chart with support and resistance lines on it. Click to enlarge: The speculation from Goldman Sachs that the Federal Reserve will
Forex Weekly Outlook – September 20-24
The FOMC meeting is the highlight of a busy week, with US figures dominating the scene: home sales, durable goods orders and building permits. Here’s an outlook for the major events in the upcoming week. Japanese are on holiday on Monday and on Thursday, yet the BOJ will probably follow up on the big intervention
EUR/USD Aug. 25: Holding to Support Amidst Global Slowdown
EUR/USD managed to hold on to the support line, moving between terrible housing figures in the US and fresh debt worries in the Euro-zone. Will it proceed and break lower? Here’s a quick update on technicals, fundamentals and community trends
Forex Weekly Outlook – August 23-27
Revisions of GDP in the US and the UK, and major housing sector figures in the US are among the highlights of the upcoming week. Here’s an outlook for the major market moving events. Risk aversion took over the markets once again on fears of global slowdown. Friday was a great day for the US
EUR/USD Outlook – August 23-27
After losing the uptrend support line, another busy week expects Euro traders, with many important surveys due this week. Here’s an outlook for the 9 events that will shape the Euro’s trading, and an updated technical analysis for EUR/USD, now at lower ground. EUR/USD chart with support and resistance lines marked. Click to enlarge: The
Forex Weekly Outlook – July 19-23
Housing figures in the US, British GDP for the second quarter and a rate decision in Canada are the highlights of the upcoming week. Here’s an outlook for the major market movers. Apart from the regular indicators, the earnings season in the US stock markets and the expectations towards the European banks’ stress tests also
EUR/USD Stalls on Good Ifo Business Climate
The German Ifo Business Climate, a figure which is usually better than other European indicators, unexpectedly rose once again. EUR/USD, that didn’t really enjoy the Chinese news, reacted with a small rise that was erased quickly. Early expectations stood on a minor drop from 101.5 to 101.2, but another gain was seen to 101.8 points.