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Forex Daily Outlook November 30 2011

Forex Daily Outlook November 30 2011

US ADP Non-Farm Employment Change and US Pending Home Sales are the main events today.  Here is an outlook on the market-movers awaiting us In the US, Automatic Data Processing, Inc. (ADP) Non-Farm Employment Change, measures the number of employed people over the last month (without government & farming industry), rise is expected from 110K

AUD/USD Breaks Resistance on Positive Figures

AUD/USD Breaks Resistance on Positive Figures

The Australian dollar is riding higher on good data at home and in China. The impressive recovery is now moving through resistance. Will this break be confirmed? AUD/USD is trying to break above 1.0720, a line that is struggling with in recent days. The third attempt might succeed, as the pair drifts higher. Australian retail

Forex Daily Outlook – September 1 2011

Forex Daily Outlook – September 1 2011

ISM Manufacturing PMI in the UK and Nationwide HPI in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly report for the number of unemployment that filed for insurance on the past week, reduce from 417K on July to 409K this week is expected. Later in

AUD/USD Outlook – Aug. 29 – Sep. 2

AUD/USD Outlook – Aug. 29 – Sep. 2

The Aussie managed to close the week higher, but it is still capped by resistance. The upcoming week is very busy, with no less than 8 indicators awaiting us. Here is an outlook for these events and an updated technical analysis for AUD/USD. The assumption about no new QE in the US hurt the Aussie,

Forex Daily Outlook – May 26 2011

Forex Daily Outlook – May 26 2011

GDP Price Index in the Us and Jean-Claude Trichet  speech in Europe are the major market-movers. Let see what awaits us today. In the US, GDP Price Index, Measures the monetary value of all the goods and services produced within a country. An indicator of economic health is expected to reduce by 0.2% to 1.9%

AUD/USD: Trading the Private Capital Expenditure Release

AUD/USD: Trading the Private Capital Expenditure Release

This broad quarterly measure of economic activity always rocks the Australian dollar, and provides a trading opportunity on AUD/USD. Here is the information about this events, and 5 possible outcomes for the Australian dollar. Published on Thursday, at 1:30 GMT. Indicator Background Investments by factors in the private sector are a a genuine gauge of

AUD/USD Outlook – May 23-27

AUD/USD Outlook – May 23-27

The Aussie returned to rising after dropping for two weeks. Will it challenge highs once again? The upcoming week consists of a few events that will move the currency. Here’s an outlook for these event and an updated technical analysis for AUD/USD, now on higher ground. The meeting minutes showed that the RBA intends to

Forex Daily Outlook – February 23 2011

Forex Daily Outlook – February 23 2011

Existing Home Sales in the US & MPC Meeting Minutes in the UK are only some of the today’s highlights. .Let’s see what awaits us today. In the US, Existing Home Sales, number of residential buildings that were sold during the previous month excluding new construction is about to rise by 0.05M. Sale of a

AUD/USD Outlook – February 21-25

AUD/USD Outlook – February 21-25

The Aussie had a good, optimistic week. Will this continue? Here’s an outlook for the 5 events that will impact the Aussie this week, and an updated technical analysis for AUD/USD. The Australian dollar enjoyed an upbeat view on the economy in the meeting minutes. Glenn Stevens, the head of the RBA, will have another

AUD/USD Stuck in a Range

AUD/USD Stuck in a Range

AUD/USD settled down in a range following fast action in recent days. Sparks from North Korea or ? Here’s a quick update on technicals, fundamentals and community trends