Post Tagged with: "Richmond Manufacturing Index"
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
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
EUR/USD June 28 – Losing Some Gains As Tension Mounts
Euro dollar is losing some ground as the tension mounts towards the Greek votes in the parliament. The gains made earlier came on the hope that there is some Grand Plan B for Greece to save the day. European indicators have been mixed. Will we see a break out? We have some US figures ahead.
Forex Daily Outlook – June 28 2011
US CB Consumer Confidence is the highlight of today’s events. Let’s review the main market- movers lined up. In the US, CB Consumer Confidence The Conference Board consumer sentiment decreased in May by 5.2 from the previous month reaching 60.8 indicating a slowdown in consumer spending. The same figure is expected this time. Later in
EUR/USD May 24 – Fails to Hold on to Gains
EUR/USD fought its way up, riding on positive numbers from Germany, but couldn’t hold on to the gains and is still far from resistance and from last week’s level. Today, US figures joins in. Where will it go? Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian
EUR/USD Apr. 26 – Recovering from Trichet’s Blow, Approaching Peak
EUR/USD fell on dovish comments from Trichet, but manages to recover quickly and moves towards the peak as everyone is back from the long weekend. Will we see a break out of range, or will the markets await Bernanke? Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals
EUR/USD Mar. 22 – Looking Towards Breaking One Year High
EUR/USD is gradually moving higher towards the one-year high as European officials clarify that we’ll see a rate hike in April. Will it make the big breakout or turn around at this point? Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: Calm session sees EUR/USD stick above 1.4220. Current
EUR/USD Feb. 22 – Losing Multiple Support Lines
EUR/USD is falling and losing multiple support lines, as Middle East troubles and the Christchurch earthquake scare the markets. Where will it stop? Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: Euro/Dollar began dropping and lost 1.3610. More lines were lost later. Current range – 1.35 – 1.3570 Further
Forex Daily Outlook – February 22 2011
Very interesting events on today’s outlook such as CB Consumer Confidence in the US; Public Sector Net Borrowing in the UK and much more .Let’s see what awaits us today. In the US, the Conference Board (CB) Consumer Confidence, Survey of about 5,000 households to rate the relative level of current and future economic conditions,
EUR/USD Jan. 25 – Falling to Support
EUR/USD approached higher resistance but failed to break above it and fell all the way to the support line Is it gaining strength for the next move, or is it a sign that this move is over? Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: traded between 1.3640