Post Tagged with: "support line"
AUD/USD Outlook – April 26-30
Quarterly inflation figures, as well as other indicators, will shape the direction of the Aussie this week. Here’s an outlook for the Australian events and an updated technical analysis for AUD/USD. AUD/USD chart with support and resistance lines marked. Click to enlarge: Following the recent rate hike, there were doubts about the next move. At
NZD/USD Outlook – April 26-30
A rate decision stands out in this week’s kiwi events. Here’s an outlook for the events in New Zealand and an updated technical analysis for NZD/USD. NZD/USD chart with support and resistance lines marked. Click to enlarge: The kiwi managed to close the week higher, despite weaker-than expected CPI. This will probably be reflected in
USD/CAD Outlook – April 26-30
The battle for parity will continue in the upcoming week, as Canadian GDP will be published together with the same American figure. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. USD/CAD chart with support and resistance lines marked. Click to enlarge: The Canadian dollar had an exciting week. The
EUR/USD Outlook – April 19-23
Greek hopes and worries dominated the Euro’s trading in the past week. The upcoming week will be dominated by economic indicators, with two major surveys to rock the currency. Here’s an outlook for the 12 events that await the Euro this week, and an updated analysis for EUR/USD. EUR/USD graph with support and resistance lines
USD/CAD Outlook – April 19-23
A busy week awaits the Canadian dollar with the rate decision being the highlight. Here’s an outlook for the 7 Canadian events and an updated technical analysis for USD/CAD. USD/CAD graph with support and resistance lines on it. Click to enlarge: The Canadian dollar continued to struggle with parity, and seemed to improve its positions
NZD/USD Outlook – April 19-23
The kiwi was hurt by the drop in retail sales that was reported in the past week. Here’s an outlook for this week’s major events, and a technical analysis for NZD/USD. NZD/USD graph with support and resistance lines on it. Click to enlarge: Note: I haven’t made a weekly outlook for the kiwi in a
GBP/USD Outlook – April 19-23
After a mostly- positive week, Goldman Sachs sent the Pound back to the critical technical line. The upcoming week is very busy – inflation, employment and GDP figures are all released this week, among other indicators. Here’s an outlook for the British events and an updated technical analysis for GBP/USD. GBP/USD graph with support and
AUD/USD Outlook – April 19-23
After a strong start, the Aussie surrendered to the Goldman Sachs news and closed the week lower. The upcoming will consist of the RBA’s meeting minutes among other events. Here’s an outlook for the Australian events and an updated technical analysis for AUD/USD. AUD/USD graph with support and resistance lines on it. Click to enlarge:
GBP/JPY – Another Attempt to Break Higher
The Geppy is enjoying risk appetite and other elements to make another attempt to break higher. Will it make it? Update on the forces moving this cross. GBP/USD enjoyed the weekend gaps to jump over the strong resistance line against the dollar. After slipping back down to the critical level, it got a boost
Kiwi Drops on Retail Sales – Rate Hike Unlikely Soon
NZD/USD usually trades in narrow ranges and is mostly affected by the greenback’s news. This time, local retail sales were really bad and sent the kiwi down – no rate hike coming soon… Retail sales in New Zealand were bad – they dropped by 0.6%, much worse than early expectations for a rise of 0.2%.