On the first interview for 2011, I spoke with Julie Sinha on Forex TV about themes for the new year, technical levels for EUR/USD, GBP/USD and AUD/USD as well as the important events that will rock currencies this week, which already began with lots of action. Enjoy! After still moving on thin volume on the … “Video – Technical Levels, Events and more for 2011”
Category: Opinions
Dollar Outlook For 2011
Guest post by NewstraderFX With the Federal Reserve still committed to adding liquidity by purchasing another $800 billion of Treasuries through June, and an economy which is likely to grow between 3% and 4%, we can still look for the dollar to weaken against currencies like the euro, pound and Australian dollar as stocks continue to … “Dollar Outlook For 2011”
AUD/USD Uptrend Continuation-Elliott Wave
Aud/Usd is trading nicely higher, already since start of December 2010 when pair bounced from the 0.9828 support where a corrective wave 2) has finished. With this being said, on a 4h chart pair should now be trading in a red wave 3), sub-wave of a blue wave (5) from a daily chart, which will … “AUD/USD Uptrend Continuation-Elliott Wave”
EUR/USD 2011 Forecast
After a roller coaster year for Euro/Dollar, 2011 promises to be no less dramatic. The main factors moving the currencies are far from being resolved, and the actions that policymakers and market makers will take are unknown. Full year predictions in forex are from being an exact science, but there’s a general direction. 2010 – … “EUR/USD 2011 Forecast”
[Video] EUR/USD, GBP/USD, AUD/USD Before Year’s End
In an interview just before year’s end on Forex TV, I spoke with Julie Sinha about technical levels of EUR/USD, GBP/USD and AUD/USD, and what’s behind those moves. We also took a peek into 2011. Enjoy! While the Aussie had all the reasons to rise during the all the year and also into the next … “[Video] EUR/USD, GBP/USD, AUD/USD Before Year’s End”
Inflation and the Dollar
There are growing doubts about the official CPI numbers in the US. Oil and food prices are going up in the markets, but aren’t seen in CPI. If inflation will indeed rise, how will this affect the dollar? Here are some thoughts of a scary scenario. The well known investor Jim Rogers says that the … “Inflation and the Dollar”
Ellliott Wave: DAX Gains Will Slow Down in Start Of
Traders who are positioned Long on DAX or any other major indices, may look to start booking profits, as index is trading in a wave (5) and approaching its 7140-7180 target/resistance zone. This its a final sub-wave of a five wave rally shown from 5327 August 2010 lows, so any gains will likely slow down … “Ellliott Wave: DAX Gains Will Slow Down in Start Of”
S&P500 And The US Dollar – Elliott Wave Analysis
S&P500 is trading higher and higher reaching new high almost in every trading session. However, from an Elliott wave perspective uptrend may slow down in the near future, since price are already trading in a fifth wave, final leg of an impulse structure shown from 1173 lows. Guest post by Gregor Horvat We know that at … “S&P500 And The US Dollar – Elliott Wave Analysis”
Elliott Wave: Aud/Usd Ready To Gain Above Parity!?
The whole price structure on Aud/Usd looks very bullish since the market formed a three wave corrective decline from November highs, followed by a five wave reversal labelled as a red wave 1), which definitely confirms a bullish trend. For the last couple of days the pair was consolidating between 0.9800 region and parity level, … “Elliott Wave: Aud/Usd Ready To Gain Above Parity!?”
The EU Summit And The EUR
In recent days the EURUSD exchange rate has fallen owing to reports from Spain that investors stayed away at its recent bond auction, and concerns that credit rating agency Moody’s could downgrade Spanish debt. The EU summit today though is intended to address these concerns and assure the markets that Spain (among other EMU nations) … “The EU Summit And The EUR”