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Forex Daily Outlook – October 26 2011

Forex Daily Outlook – October 26 2011

New Home Sales in the US and EU Economic Summit in Europe are the main events today.  Here is an outlook on the market-movers awaiting us In the US, New Home Sales leading monthly report to value the new sold households on the last month, is about to rise from 295K on September up to

Forex Weekly Outlook – October 24-28

Forex Weekly Outlook – October 24-28

The US dollar fell for another week as the panic seen early in the money continues to unwind. Will this weakness come to an end? The EU economic summit, rate decisions in Canada, Japan and New Zealand and US housing and employment figures are the major events this week. Here is an outlook on the

Forex Daily Outlook – September 26 2011

Forex Daily Outlook – September 26 2011

New week with important updates and the New Home Sales in the US is the main highlight on today’s outlook. Let’s see what awaits us today. In the US, New Home Sales, monthly indicator to value the number of new single-family households sold on the last month, slightly decrease from 298K on August to 296K

Forex Weekly Outlook –September 26-30

Forex Weekly Outlook –September 26-30

This was a week to forget for stock markets, but certainly a week to remember for dollar bulls, as the dollar returned to strength last seen 7 months ago. German Ifo Business Climate, US housing data and Unemployment are the major events this week. Here is an outlook on the upcoming market-movers. Last week Bernanke announced $400

EUR/USD Aug 23 – Pushes Higher

EUR/USD Aug 23 – Pushes Higher

Euro dollar enjoyed some positive PMIs and managed to break resistance. The gains held even as the all important ZEW survey was back to Lehman levels. Before Berannke speaks on Friday, there are still many events to move the markets today. Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD

Forex Daily Outlook – August 23 2011

Forex Daily Outlook – August 23 2011

New Home Sales in the US and ZEW Economic Sentiment in Europe are the main events lined up.  Let’s see what awaits us today. In the US, New Home Sales, important monthly indicator to rate the new homes that were sold, rise to 313K is expected from 312K on July. Later in the US, Richmond Manufacturing

Forex Weekly Outlook – August 22-26

Forex Weekly Outlook – August 22-26

The markets had another week of doom and gloom with signs of recession from all over the world. Will Bernanke act? Ben Bernanke’ speech in Jackson Hole, US housing data and US GDP are the highlights of this week. Here is an outlook on the major market-movers ahead. Last week US inflation is still very

EUR/USD Aug 18 – Cannot Hold onto Higher Range

EUR/USD Aug 18 – Cannot Hold onto Higher Range

Euro dollar is sliding within range after a move to a higher range didn’t work out. While Spanish and Italian bonds continue falling, the lack of growth in the euro-zone is a heavy weight on the common currency. Will it make a big dive, or is it taking a pause before the next rise?A big bulk

EUR/USD July 26 – Breaking Long Term Resistance on Dollar’s Fall

EUR/USD July 26 – Breaking Long Term Resistance on Dollar’s Fall

Euro dollar made a break above long term downtrend resistance as the dollar loses ground across the board. The public disagreement between the political sides in Washington got the markets selling off the dollar, also against the euro, and despite European worries. We have quite a few US indicators today. Where will it go?  Here’s a

Forex Daily Outlook – July 26 2011

Forex Daily Outlook – July 26 2011

CB Consumer Confidence in the US and Prelim GDP in the UK are the main events lined up. Let’s see what awaits us today. In the US, New Home Sales, important and main indicator to value the number of new single-family households that over the last month were sold, rise is expected from 319K on