Forex Daily Outlook – March 15th 2010

After the dollar retreated last week, Monday opens with many US releases. TIC Long-Term Purchases will probably shake the market, among other events. Let’s see what’s up for today:

In Australia, a speech by Malcolm Edey, RBA assistant governor, can move the markets very early in the week. This speech comes a day before the meeting minutes from the latest decision are released.

For more on the Aussie, read the AUD/USD forecast.

In Britain, the Rightmove HPI is expected to show a moderate rise in house prices, possible pushing the Pound and helping its recovery. See more events in the GBP/USD forecast.

Swiss PPI is expected to rise by 0.2%, similar to last month’s rise. The Swiss National Bank doesn’t deny intervention, but has done less recently.

In Europe, the quarterly Employment Change figure is expected to drop again. As this is a late figure, the impact is limited. For more on the Euro, read the EUR/USD forecast and Casey Stubbs’ latest analysis.

Moving to the US, already after a shift to daylight savings time, the Empire State Manufacturing Index will start the day. It’s expected to drop from 24.9 to 21.9 points.

The more important event is the release of TIC Long-Term Purchases, which are predicted to drop to 37 billion. This number was better than expected last month and could surprise again, boosting the dollar.

Also n the US: Capacity Utilization Rate is expected to remain unchanged at 72.6% and Industrial Production will probably rise by0.1% after a 0.9% jump last time.

That’s it for today. Happy forex trading!

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Forex Daily Outlook – March 12th 2010

Two American figures will be in the limelight todya: retail sales and consumer sentiment. In addition, we have employment figures from Canada and other events. Let’s see what’s up for today.
Up to now, this week saw tight trading, especially in the major pairs. Only the Aussie stood out with a break, enjoying good employment figures [...]

Forex Daily Outlook – March 8th 2010

The week starts without major releases. German industrial production and Swiss retail sales will stand out. Here’s the daily outlook.
Note that the weak, yet expected Non-Farm Payrolls will still echo in the markets. The dollar enjoyed some strength against the majors last week but lost ground to the commodity currencies. OK, let’s see the events:

EUR/USD Outlook – March 8-12

EUR/USD is getting used to a range also after the NFP. The upcoming week contains many events that will move the Euro. Here’s the outlook for these events and an updated technical analysis for EUR/USD.
EUR/USD graph with support and resistance lines on it. Click to enlarge:

A lot of progress has been made in resolving the [...]

GBP/USD Outlook – March 8-12

Mervyn King sure got a weaker Pound this week – it collapsed across the board. The upcoming week consists of 8 events that will move the Pound. Here’s an outlook for these events and updated technical analysis for GBP/USD in its lower ground.
GBP/USD graph with support and resistance lines on it. Click to enlarge:

The rate [...]

Forex Daily Outlook – February 25th 2010

Ben Bernanke will continue to cast his spells over the markets today, and we also have many important economic indicators from all over the world. Let’s see what’s awaiting us in this busy day in forex trading:
Australia’s Private Capital Expenditure provides a strong start for the day. After a drop of 3.9% in the previous [...]

Forex Daily Outlook – February 17th 2010

A busy day expects forex traders, especially those trading cable. Major figures will be released in Britain and the US. Will the Pound chose a direction? Let’s see what’s awaiting us:
Fear is fading away from the markets, and high yielding “risky” currencies are on the rise. The Australian and kiwi dollars are making gains, erasing [...]

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    Forex Crunch is a blog all about the foreign exchange market. It includes and will include: tutorials, basics of the forex market, daily and weekly forex analysis, technical analysis, forex software posts, and whatever is related to Forex. Forex Crunch aims to deal with forex trading, but with a more personal touch. More...

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