Forex Crunch Dollar Index: Weekly Spike Reversal

Forex Crunch Dollar Index: Weekly Spike Reversal

Dollar Index: Weekly Spike Reversal

Posted: 13 Feb 2011 04:53 AM PST

After a significant five wave reversal on dollar index from 76.85 region, we decided to look on the weekly chart, which is showing a very bullish set-up for the weeks ahead. You will notice a trend line connected from early 2008 which holds dollar index up for almost 3 years now. In fact, each time

Canadian Dollar – February 14-18

Posted: 13 Feb 2011 04:00 AM PST

Inflation Data is the main event this week. Here is an outlook on the major market movers for the Canadian dollar, and an updated technical analysis for USD/CAD. Canadian housing starts rose  slightly by 0.8 % in January signaling the housing sector will continue to weigh on economic growth. It is forecasted that the housing

Forex Binary Options February 14-18

Posted: 12 Feb 2011 07:00 PM PST

One-hour options are an alternative to standard forex trading. News events this week provide opportunities to profit on moves created by the releases. Here are the binary options setups for the upcoming week. Binary options can be used to defend against false breakouts, as an alternative to the traditional stop loss, and for news events of

USD/JPY Outlook – February 14-18

Posted: 12 Feb 2011 03:00 PM PST

Preliminary GDP and Rate decision, Monetary Policy Meeting Minutes and BOJ Monthly Report are the most significant events this week. Here is an outlook on the Market movers ahead. Japanese Prime Minister Naoto Kan could face early election risk unless he manages to pass his record 92.4 trillion yen ($1.1 trillion) budget that begins in April

AUD/USD Outlook – February 14-18

Posted: 12 Feb 2011 12:00 PM PST

After a bad week, the Aussie is expected messages from the central bank as well as important Chinese figures that will rock it. Here’s an outlook for the Australian events, and an updated technical analysis for AUD/USD. Employment figures in Australia exceeded expectations, as it happens many times. Despite the strength of the economy, the

EUR/USD Outlook – February 14-18

Posted: 12 Feb 2011 09:00 AM PST

Another volatile week passed on Euro traders. The upcoming week is very busy, with GDP figures expected to rock the common currency. Here’s an outlook for the European events, and an updated technical analysis for EUR/USD. The resignation of Axel Weber from the ECB is a loss for the Euro as well, as the Bundesbank’s president is

GBP/USD Outlook – February 14-18

Posted: 12 Feb 2011 06:00 AM PST

The pound managed to hold to support in a busy week. The upcoming is no less busy, with inflation and employment figures being the highlights. Here’s an outlook for the British events, and an updated technical analysis for GBP/USD. It didn’t happen in the past week. Yet again, the interest rate was left unchanged, in
Posted by

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)