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Forex Daily Outlook – January 26 2011

Forex Daily Outlook – January 26 2011

The American rate decision, MPC Meeting Minutes in the UK and much more important events are on the agenda. .Let’s see what awaits us today. World Economic Forum (WEF) Annual Meetings. WEF annual meetings are held in Davos and attended by central bankers, prime ministers, finance ministers, trade ministers, and business leaders from over 90

GBP/USD Outlook – January 24-28

GBP/USD Outlook – January 24-28

After another successful week, the pound faces a big test with the GDP release, among other figures. Is the British economy really doing well? Here’s an outlook for the British events and an updated technical analysis for GBP/USD. Inflation is raging in Britain – annual CPI is at 3.7%, too far from the target. On

Forex Daily Outlook – December 30 2010

Forex Daily Outlook – December 30 2010

Unemployment Claims in the US and Nationwide HPI in the UK are some of the exiting news that awaits us today. In the US, Unemployment Claims, individuals who filed for unemployment insurance for the first time during the past week; is about to decrease  by 4K.an important signal of overall economic health because consumer spending

GBP/USD Outlook – December 27-31

GBP/USD Outlook – December 27-31

The British pound had a bad week before Christmas. This calendar is quite light this week. Here’s an outlook for the British events and an updated technical analysis for GBP/USD. The growing worries about British austerity measures are a heavy weight on the pound, which is losing also to other currencies except the dollar. Will

Forex Weekly Outlook – December 27-31

A calm week is ahead of us in between Christmas and New Year’s Day with American CB Consumer Confidence, Unemployment Claims and Pending Home Sales. Here is an outlook on the market movers closing 2010. Recent encouraging data from the US suggests solid fourth-quarter growth hopes in light of an anticipated climb in consumer spending

Forex Daily Outlook – December 1 2010

A very busy day ahead of us, ISM Manufacturing PMI in the US, Manufacturing PMI in the UK and more interesting events. .Let’s see what awaits us today. In the US, ADP Non-Farm Employment Change, number of employed people during the previous month, excluding the farming industry and government is about to rise by 27K

GBP/USD Outlook – Nov. 29 – Dec. 3

GBP/USD Outlook – Nov. 29 – Dec. 3

Avery busy week expects cable traders, with many important PMI figures standing out. Will the pound continue falling? Here’s an outlook for the British events and an updated technical analysis for GBP/USD, now below important support. GBP/USD daily chart with support and resistance lines marked. Click to enlarge: The crisis in Ireland reached its neighbor

GBP/USD Outlook – October 25-29

GBP/USD Outlook – October 25-29

The first release of GDP for Q3 is the highlight of a busy week in pound trading. Here’s an outlook for the British events, and an updated technical analysis for GBP/USD. GBP/USD daily chart with support and resistance lines marked. Click to enlarge: The pound suffered from the announcement of a big spending cut by

Forex Daily Outlook – September 30 2010

A very hectic day is expected. In the US Fed Chairman Bernanke Testifies & speaks in Washington DC; in Canada GDP; Building Approvals in Australia; NBNZ Business Confidence in New Zealand and more interesting news. Let’s see what awaits us today. In the US, Federal Reserve Chairman Ben Bernanke testifies on implementation of the Dodd-Frank

GBP/USD Outlook – September 27 October 1

GBP/USD Outlook – September 27 October 1

Final GDP, manufacturing PMI and lots of speeches are part of a busy week for cable traders. Here’s an outlook for the British events and an updated technical analysis for GBP/USD. GBP/USD  daily graph with support and resistance lines marked. Click to enlarge: The British Pound enjoyed the greenback’s weakness and advanced higher, although it