Dec 26, 2011

Forex Crunch EUR/USD Dec. 26 – Ticking Up on Extremely Low Volume

Forex Crunch EUR/USD Dec. 26 – Ticking Up on Extremely Low Volume

EUR/USD Dec. 26 – Ticking Up on Extremely Low Volume

Posted: 26 Dec 2011 04:28 AM PST

Euro dollar is ticking higher along the pivotal line in the day after Christmas. Most financial centers are closed, but movements are still seen on the charts. No events are expected today.

Here's an update on technicals, fundamentals and what's going on in the markets.

Read the rest of the article EUR/USD Dec. 26 – Ticking Up on Extremely Low Volume

USD/JPY: Trading the Conference Board Consumer Confidence Index

Posted: 26 Dec 2011 04:25 AM PST

The Conference Board Consumer Confidence Index is based on a monthly survey of about 5,000 households regarding their opinion of the economy. Traders should pay close attention to this release, as it usually a market-mover.

Here are all the details, and 5 possible outcomes for USD/JPY.

Read the rest of the article USD/JPY: Trading the Conference Board Consumer Confidence Index

NZD/USD Outlook December 26-30

Posted: 26 Dec 2011 04:09 AM PST

The New Zealand dollar made nice gains before the holidays. Will this continue now? This holiday week doesn’t feature any events, so the outlook is only technical.

New Zealand enjoyed strong growth in Q3 – 0.8%. But on the other hand, this came on top of significant downwards revisions for many quarters that preceded this one. The uplift came from no eruption of new bad news from Europe.

Read the rest of the article NZD/USD Outlook December 26-30

AUD/USD Outlook Dec. 26-30

Posted: 25 Dec 2011 05:17 AM PST

The Australian dollar showed impressive strength against its US counterpart, breaking parity and breaching the 1.02 level, before settling down to close the week at the 1.40 level. The upcoming holiday week is very quiet, with only one indicator release. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD.

AUD/USD has been marked by great volatility throughout 2011, but traders would be wise to recall that at the  end of the day. the pair has recorded a 1% loss for the year to date. Thus the wild fluctations of the pair are clearly somewhat deceiving, when the movement of the pair is examined with some perspective. 

Read the rest of the article AUD/USD Outlook Dec. 26-30
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