Trading Forex Online with Easy Forex Weekly Outlook – 27.06.2005 FOREX – Australian Dollar Market Comment Dollar’s brief break below the crucial psychological mark of 1.20 against the Euro proved to be a mirage and it failed to capitalize on the break in spite of momentum behind it. This indicates… read more
Weekly
An in-depth market summary of the previous week’s foreign exchange trading movements, the weekly outlook presents the forex market moving events and data releases which impacted major currencies and commodities. Discussion of future events and indicators in the coming week which are likely to influence the foreign exchange market are discussed. The general expectation of these releases and the implications going forward are also explained in detail.
Technical analysis of the major currencies and gold at present time is also provided to highlight where the market is positioned and to assist in calculating the extent to which any move in the major currencies and gold could have upon release of future data.
FX Trading Australia Market Weekly Outlook 20/06/2
June 20, 2005Weekly Outlook – 20.06.2005If Earth had a single currency paired against other planets in a galaxy exchange, then it would have crashed last week as most currencies across the globe had more bearish factors around it while the outlook doesn’t look that promising either. Deficit concerns for the Dollar, Disagreement… read more
FX Trading Australia Market Weekly Outlook 13/06/2
June 13, 2005Weekly Outlook – 13.06.2005The market found the perfect excuse to dump the European currencies further and embrace the Greenback after the U.S. Trade Deficit came below forecasts and the previous month’s figure was revised lower. But the market was predetermined to buy the Dollar irrespective of the result as Greenspan… read more
FX Trading Australia Market Weekly Outlook 06/06/2
June 6, 2005Weekly Outlook – 06.06.2005This week saw the Dollar break key barriers on most majors as it seized the initiative. Even a much lower than expected Payrolls outcome didn’t affect the Dollar thanks to the immense uncertainty surrounding the Euro. When the mere existence of the entity i.e. Euro is being… read more
FX Trading Australia Market Weekly Outlook 30/05/2
May 30, 200530.05.2005 “Non”, the verdict is out and French voters have decisively rejected the EU constitution. It is now feared that the Dutch who go on vote this Wednesday might also follow suit. However, it would be wrong to presume that the idea of a unified Europe is rejected. In fact… read more
FX Trading Australia Market Weekly Outlook 23/05/2
May 23, 200523/05/05 FX Trading Australia – Weekly FOREX Market Summary Comment After a few months of uncertain direction the markets have finally had a clear trend to ride and they have seized it with both hands. Dollar had another great week which saw most majors going towards their yearly lows against… read more
FX Trading Australia Market Weekly Outlook 16/05/2
May 16, 200516/05/05 FX Trading Australia – Weekly FOREX Market Summary Comment There shouldn’t be any major surprise expressed over the Dollar’s sharp turnaround if events of the past few weeks are seen in the broader context of cyclical and historic economic patterns. Dollars steady decline over the last few years has… read more
FX Trading Australia Market Weekly Outlook 10/05/2
May 10, 2005FX Market Weekly Outlook 10/05/05 FX Trading Australia – Weekly FOREX Market Summaryz Once again the Dollar managed to get something special out of the bag just when it looked like it was poised for further losses. Payrolls came much above expectations while the previous two months outcomes were revised… read more
FX Trading Australia Market Weekly Outlook 02/05/2
May 2, 2005FX Market Weekly Outlook 02/05/2005 FX Trading Australia – Weekly FOREX Market Summary Dollar continued to strengthen as the focus shifts to tomorrow’s Fed meeting with the market expecting a hawkish tone in the accompanying statement with good chances of the word ‘measured’ being removed. Inflationary pressures remain high in… read more
FX Trading Australia Market Weekly Outlook 25/04/2
April 25, 2005FX Market Weekly Outlook 25/04/2005 FX Trading Australia – Weekly FOREX Market Summary The Dollar has seen interesting prices action against Asian currencies as the Chinese revaluation story is beginning to mirror the ‘boy who cried wolf’ story. For the nth time we have seen pressure from all quarters and… read more