Post Tagged with: "Technical Analysis"
USD/CAD Outlook – May 31 – June 4
A combination of GDP, a rate decision and employment figures promise an exciting week for the Canadian dollar. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. USD/CAD graph with support and resistance lines marked. Click to enlarge: An improvement in the current account and the temporary relief that the
EUR/USD Outlook – May 24-28
Another intense week ended with a significant recovery for the common currency. Will the recovery continue? Or was it just a temporary correction? Here’s an outlook for the events that will rock the Euro, and an updated technical analysis for EUR/USD. EUR/USD chart with support and resistance lines marked. Click to enlarge: The contagious debt
GBP/USD Outlook – May 24-28
A revised version on the GDP and 5 other events will shake the Pound, now at lower ground. Here’s an outlook for the British events and an updated technical analysis for GBP/USD. GBP/USD chart with support and resistance lines marked. Click to enlarge: While the political uncertainty didn’t stay too long, the Pound’s situation is
AUD/USD Outlook – May 24-28
Everything turned against the Aussie, and it closed a terrible week with a loss of about 550 pips. The upcoming week consists of 5 events that will move the Aussie, and an updated technical analysis for AUD/USD, now at lower ground. AUD/USD chart with support and resistance lines marked. Click to enlarge: Indications for a
USD/CAD Outlook – May 24-28
The Canadian dollar managed to correct some of its losses on positive data on Friday, but is already far from parity. Here’s an outlook for Canadian events and an updated technical analysis for USD/CAD. The focus is on the technicals this week. USD/CAD chart with support and resistance lines marked. Click to enlarge: The higher-than-expected
USD/CAD Outlook – May 17-21
The loonie stood out in the past week, and actually made gains against the greenback. The upcoming week consists of important economic indicators, with inflation being critical for the rate decision. Here’s an outlook for Canadian events, and an updated technical analysis for USD/CAD. USD/CAD graph with support and resistance lines on it. Click to
EUR/USD Outlook – May 17-21
Another terrible week sent the Euro to critical levels. The Euro will now move by two major surveys and other indicators as well, as the debt crisis will continue accompanying us. Here’s an outlook for the European events, and an updated technical analysis for EUR/USD, looking down. EUR/USD graph with support and resistance lines on
GBP/USD Outlook – May 17-21
A busy week expects cable traders: inflation and retail sales will stand out among the many events. Here’s an outlook for the events that will rock the Pound and an updated technical analysis for GBP/USD, now at lower ground. GBP/USD graph with support and resistance lines on it. Click to enlarge: Yet another improvement was
AUD/USD Outlook – May 17-21
Meeting minutes from the sixth rate hike and many inflation figures await Aussie traders. Here’s an outlook for the Aussie events, and an updated technical analysis for AUD/USD, now in lower ground. AUD/USD graph with support and resistance lines on it. Click to enlarge: Another volatile week saw contradicting employment figures. While more jobs than
EUR/USD Outlook – April 26-30
The upcoming week has many employment and inflation figures, as well as speeches from Trichet. Here’s an outlook for this week’s events, and an updated technical analysis for EUR/USD. EUR/USD chart with support and resistance lines marked. Click to enlarge: We’ve seen many good European figures in the past week – this included rising prices