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EUR/USD Outlook – Nov. 29 – Dec. 3

EUR/USD Outlook – Nov. 29 – Dec. 3

Another terrible week ended with the debt crisis spreading across the continent. We’re now expecting a very busy of economic indicators, in addition to the non stop news. Here’s an outlook for the European events and an updated technical analysis for EUR/USD, now at much lower ground. EUR/USD daily chart with support and resistance lines

Forex Weekly Outlook – November 29- December 3

Influential activities await forex traders this week with American and Canadian employment data, US Consumer Confidence, Ben Bernanke speech and Canadian and Australian GDP. Here is an outlook on this week’s market moving events. Americans increased spending and record low unemployment claims in October signifying a real recovery process in the US. Household purchases advanced 0.4 percent after

GBP/USD Temporarily Recovers on Drop in Unemployment

An unexpected drop in unemployment helps the British pound recover after suffering earlier this week. No change was seen in the unemployment rate and in the MPC meeting minutes. GBP/USD broke minor resistance and is approaching a bigger barrier

GBP/USD Outlook – November 15-19

GBP/USD Outlook – November 15-19

A very busy week expects pound traders – inflation and employment figures are the highlights. Here’s an outlook for the British events, and an updated technical analysis for GBP/USD. GBP/USD daily chart with support and resistance lines marked. Click to enlarge: The pound showed significant strength in the past week, weathering the dollar’s storm. This

AUD/USD Nov. 10 – Parity Provides Support

AUD/USD Nov. 10 – Parity Provides Support

AUD/USD begins to feel the heat from Europe and finds support at parity. Will the Aussie fall from the high range or get a boost from employment figures?  Here’s a quick update on technicals, fundamentals and community trends

Forex Daily Outlook – November 10 2010

Trade Balance in the US and Canada & the BOE Inflation Report in UK are some of the highlights of the upcoming outlook .Let’s see what awaits us today. In the US, Unemployment Claims, the nation’s earliest weekly economic data on individuals who filed for unemployment insurance for the first time during the past week,

Forex Daily Outlook – November 8 2010

President James Bullard & Governor Kevin Warsh due to deliver speeches in the US, German Industrial Production in Europe are only some of the highlights  to start the week .Let’s see what awaits us today. In the US, Federal Reserve Bank of St Louis President James Bullard due to speak about the possibility of a Japanese

AUD/USD Outlook – November 8-12

AUD/USD Outlook – November 8-12

AUD/USD had a very exciting week, in which it closed left parity well behind. This week will also be busy for Aussie traders, with employment figures being the highlight. 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:

Forex Weekly Outlook – November 8-12

British inflation report, Canadian and American Trade Balance US Unemployment Claims, Federal Budget Balance and Consumer Sentiment are the highlight of this week. Here’s an outlook for the major market-moving events. Federal Reserve Chairman Ben S. Bernanke announced the second QE on Nov 3, where Fed will buy extra $600 billion of treasuries to boost growth. This

EUR/USD Nov. 5 – Dipping Before Non-Farm Payrolls

EUR/USD Nov. 5 – Dipping Before Non-Farm Payrolls

EUR/USD continued advancing, many hours after QE2 was announced, but is retreating towards the NFP. Will it close the week on higher ground, or will the Non-Farm Payrolls supply relief and keep the pair under resistance? Here’s a quick update on technicals, fundamentals and community trends