Jun 5, 2011

Forex Crunch USD/JPY Outlook –June 6-10

Forex Crunch USD/JPY Outlook –June 6-10


USD/JPY Outlook –June 6-10

Posted: 05 Jun 2011 03:30 AM PDT

Final GDP and Tertiary Industry Activity  are the major activities this week. Here is an outlook for the major events that will move the yen, and an updated technical analysis for USD/JPY. Japan's steep fall after the March 11 earthquake, tsunami and nuclear crisis may change direction in the very near future according to government

EUR/USD Outlook June 6-10

Posted: 05 Jun 2011 03:15 AM PDT

The Euro had a great week, recovering some of the losses it encountered during May. The upcoming week’s highlight is the rate decision with the press conference of Trichet. Here’s an outlook for 9 events awaiting us, and an updated technical analysis for EUR/USD. We’ve seen some risk averse moves in the past week: Bad

NZD/USD Outlook –June 6-10

Posted: 05 Jun 2011 03:14 AM PDT

The kiwi broke to historic highs, but could not hold on to them. The rate decision is the key event this week alongside other RBNZ related events. Here is an outlook for the events awaiting the New Zealand dollar, and an updated technical analysis for USD/NZD. The kiwi soared to its highest level in 26

AUD/USD Outlook June 6-10

Posted: 05 Jun 2011 01:00 AM PDT

The Australian dollar showed that even a sharp contraction in the economy cannot stop it. It now faces a rate decision and employment data among other figures. Here is outlook for the Australian events and an updated technical analysis for AUD/USD. Floods in Queensland caused a huge contraction of 1.2% in Q1 2011 – the

GBP/USD Outlook June 6-10

Posted: 04 Jun 2011 11:25 PM PDT

The British pound had a bad week as many indicators have shown a slowdown in the British economy. The upcoming is very busy as well, with the rate decision being the highlight. Here’s an outlook for the British events, and an updated technical analysis for GBP/USD, now in lower ground. Only the construction sector was

USD/CHF Outlook June 6-10

Posted: 04 Jun 2011 11:00 PM PDT

Another week is another record all time low for USD/CHF that just digs lower. Inflation and unemployment are this week’s events. Here’s an outlook for the Swiss events, and an updated technical analysis for USD/CHF, on lower ground. Bad US figures pushed the Swiss franc lower once again. The currency retains its safe haven status.

Canadian Dollar – June 6-10

Posted: 04 Jun 2011 10:03 AM PDT

Many important events await traders of the Canadian dollar with Employment and Housing Data, Ivey PMI and Trade Balance. Here’s an outlook for the 7 events that will rock the loonie this week, and an updated technical analysis for USD/CAD. The Bank of Canada provided a very hawkish outlook for the future, and this boosted

US Dollar Index and EUR/USD Technical Analysis

Posted: 04 Jun 2011 06:36 AM PDT

US Dollar Index: Weakens, Sets Up For The 72.69 Level. US Dollar Index: The Index remains bearish following through lower on the back of its Thursday losses during Friday trading session. This development has put the Index on another week of losses and opened the door for additional weakness towards the 72.69 level, its 2011

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