We start the week with some interesting updates on ANZ Job Advertisements in Australia, ECB President Jean-Claude Trichet specks in Europe and more. Let’s see what’s awaiting us today In Europe, President of the European Central Bank Jean-Claude Trichet speaks at the National Bank of Romania Gala Concert, in Bucharest. The Euro may be affected and info provided on future…  Read More →

American ADP Non-Farm Payrolls, Canada’s GDP, British Final GDP, Swiss KOF Economic Barometer and Japan’s Tankan Manufacturing Index make the current headlines. Let’s review today’s activities. In the US, American ADP Non-Farm Payrolls: The report for the private sector is sometimes called the “mini Non-Farm Payrolls”. In many months, it didn’t predict the direction of the …  Read More →

Starting the week with a few highlights, Jean-Claude Trichet testifies in Brussels, UK’s earliest report on House Price Index is released and in Japan All Industries Activity is changing. Let’s see what’s up for today. In Europe with Jean-Claude Trichet, European Central Bank (ECB) President, testifying on Economic and Monetary Affairs before the European Parliament, in Brussels; and as head of …  Read More →

The week begins with several important events, despite a holiday in the US and Britain. Canada’s GDP and a speech from Trichet are the highlights of the day. Japan’s Prelim Industrial Production rose by 1.3%, half of early expectations that stood on 2.6%. This weakens the yen – USD/JPY is making an upwards move. There’s more in Japan: Average Cash Earnings are predicted to rise by 0.9%, similar to last month. Also Japan’s... 

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 it. Click to enlarge: The French president’s threat to take his country out of the Euro-zone came... 

Last week’s busy events made way for a calmer start though they continue to affect the market. The second day of the IMF meetings together with the speech of Mr. Jean-Claude Trichet, president of the European Central Bank starts another interesting trading week. Let’s see what awaits us today. In Europe, The president of the European Central Bank, Jean-Claude Trichet delivers a speech titled “Global Convergence Today” at... 

A very busy day expects forex traders, Flash Manufacturing PMI and Services PMI influence on Europe; let’s see what’s awaiting us today. Group of Twenty (G20); while it’s not an institution, the G20 is an influential global policy-making body operating at the highest level, and their initiatives and policies can impact the currency markets. In the US, Producer Price Index (PPI); indicating change in the price of finished goods... 

EUR/USD is below 1.34 once again, erasing the neat recovery made after the Greek accord. Here is why I think this move will be sharper and why the pair will drop lower. EUR/USD began a dip on thin Easter Day trading on worries about the Greek austerity plan. These worries became stronger. The Greek crisis made a big comeback. But things changed: The comeback of the crisis means a reversal of the upwards move that began after the leaders of the... 

The upcoming week begins with important American figures on Easter day, and continues with a very busy week all over the world – four rate decisions, two employment releases and one Ben Bernanke are on the menu this week. Let’s see what’s awaiting us: The echoes of the Non-Farm Payrolls will be heard at the beginning of the week, when the calendar is light, and also afterwards. The rise in jobs, that finally arrived, will raise... 

EUR/USD recovered from the breakdown and ended the week higher. The upcoming week is quite busy – a rate decision and 7 other events are due. Here’s an outlook for these events, and an updated technical analysis for EUR/USD. EUR/USD graph with support and resistance lines on it. Click to enlarge: The recovery seemed temporary at first , but the Euro found new strength, changing my sentiment about it. OK, let’s start the review.... 

After losing a critical support line and making a deep dive, EUR/USD is making a nice recovery. Learning from the near past – fasten your seat belts for a fresh dive. EUR/USD broke down under the 1.3423 earlier this week and made a sharp drop. In February, the pair was supported at this line several times, and eventually began a journey north. I then wondered if this is a rise before the plunge . Indeed, when EUR/USD failed to breach the... 

American final GDP and a revised version of consumer sentiment are the main events for today. Will the dollar continue rising? Let’s see what’s awaiting us today. The European economic summit continues today and will shake the EUR/USD that broke down earlier in the week. Jean-Claude Trichet is attending the summit, but will also speak in a separate event late in the day. The summit will provide high volatility for the Euro. For technical... 

The week ends with relatively light calendar. with major events coming mostly from Canada. Let’s see what’s up for today: Is EUR/USD starting the fall? It’s still in a range, but fails to reach higher ground again and again. I think it’ll drop soon. What do you think? German PPI starts the day with an expected rise of 0.1%, after a 0.8% rise last month. Later in Europe, Jean-Claude Trichet, president of the ECB, will speak... 

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 other reasons to rise. OK…  Read More →

EUR/USD finally had a positive week and gained some ground. It’s now facing a very busy week, with the rate decision being the climax. Here’s the outlook for the European events, and an updated technical analysis for EUR/USD. EUR/USD chart with support and resistance lines marked. Click to enlarge: Even though this week is crowded with economic indicators, the news about possible resolutions to the Greek crisis and their failures...