Forex Daily Outlook – March 10th 2010
March 9th, 2010 admin
After two light days, today’s calendar is quite busy: a rate decision in New Zealand and the Federal Budget Balance are the highlights. Let’s see what’s awaiting us toady. We’ve already see one hesitant break of the Australian dollar and we’ve seen the USD/CAD edge down, still not breaking 1.02. In these currencies, the action will probably be seen after they post employment data. OK, let’s start the review: Australia’s Home Loans are predicted to rise by 2.1% after a sharp drop of 5.5%. This should help the Aussie make progress. For …
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We finally have a busy day today, with many important indicators, especially in Britain. GBP/USD and the Pound crosses will rock today. Let’s see what’s up for today: The upcoming resolution of the Greek crisis sure is helping the Euro by breaking technical levels. EUR/USD is above 1.3750. Australian Home Loans provide a powerful start...
Two American figures will be in the limelight todya: retail sales and consumer sentiment. In addition, we have employment figures from Canada and other events. Let’s see what’s up for today. Up to now, this week saw tight trading, especially in the major pairs. Only the Aussie stood out with a break, enjoying good employment figures among...
Another busy day expects forex traders: a rate decision in Japan, employment figures in Britain and Ben Bernanke for dessert are among the events today. Let’s see what’s on the menu. The most popular pair, EUR/USD, recently enjoyed some gains, but didn’t breach significant technical levels. I see it as a rise before the fall . What...
Many American figures are due today, so lots of action is awaiting us. Will the dollar continue to weaken? Let’s see what’s up for today. EUR/USD hasn’t broken the critical 1.3850 level. I still claim that the current rise is temporary before the fall . GBP/USD made it above the critical line of 1.5350 , but has a hard time holding...
U.S. IBD/TIPP Economic Optimism is expected to rise and the Wholesale Inventories indicate a rising demand in the market while Britain’s Manufacturing Production and Industrial Production predicted to drop reflecting market deceleration. Here is today’s review. In the US, IBD/TIPP Economic Optimism is expected to rise in 0.5 points...
The dollar gained back some of the losses amid a light calendar. Also today, there aren’t any huge events, but there are some indicators that will move currencies. Let’s see what’s up for today. British BRC Retail Sales Monitor began the day with a rise of 2.2%. This can hint about the official retail sales figure. The RICS House...
We start this day with Federal Open Market Committee statement, followed by GfK German Consumer Climate in Europe and more exciting news. Let’s see what awaits us tody. In the US, New Home Sales expected to drop 69K this month reaching 435K after the sharp rise in May’s report. More in the US, Federal Open Market Committee statement...
Ben Bernanke will dominate the scene today with a testimony in Washington. There are lots of other important events from all over the world. Let’s see what’s up for today. At the time of writing, EUR/CHF is still at an all time low , under 1.43. A massive intervention by the Swiss National Bank can happen anytime now. OK, let’s...
A very busy day expects forex traders: rate decisions from Europe and Britain, Australian employment figures and the weekly jobless claims are the highlights. Let’s see what’s up. The Canadian dollar doesn’t receive any figures today, but it will still draw attention. USD/CAD parity is here for the first time in 20 months, and it...
A busy day is expecting us. The focus is still on the Greek crisis – the market will move by the voices heard at the EU Economic Summit. There are lots of other figures elsewhere. Let’s see what’s up for today. Employment figures in Australia will rock the Aussie early in the day. Australian employment change is expected to show...
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allforexnews (Forex News) : #technical Intraday Market Outlook for Day Traders: EUR/USD The pair is still consolidating its higher... http://bit.ly/9yBkXO #fx #forex.. Updated : 2010-09-06T15:47:03Z | Reply | View Tweet |
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firstlyforex (Chris Weatherhead) : FX Technical Commentary - Forex Analysis, Currency Forecast, FX ... http://bit.ly/9MUFcP.. Updated : 2010-09-06T14:05:26Z | Reply | View Tweet |
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ForexProRobot (Pro Forex Robot) : FX Technical Commentary - Forex Analysis, Currency Forecast, FX ...: Please note that Forex trading (OTC Trading) ... http://bit.ly/ahdobR.. Updated : 2010-09-06T14:05:23Z | Reply | View Tweet |
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arwa_forex (arwa forex) : Intraday Market Outlook for Day Traders: EUR/USD The pair is still consolidating its higher levels in the European... http://bit.ly/bry2BL.. Updated : 2010-09-06T11:08:12Z | Reply | View Tweet |
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tanweekee (FX @ TanWeeKee) : Intraday Market Outlook for Day Traders http://bit.ly/bVQ5uz #forex.. Updated : 2010-09-06T10:41:18Z | Reply | View Tweet |
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