Category: May

Market Analysis 28 May–1 June

Pepperstone Metatrader 4 Forex Broker

         USD Direction this week: Bullish

it’s expected to see USD trading slightly higher this week due to recovery of US economy and Eurozone political problems. However US data, especially NFP don’t seems to be expected very positive this week.

Potential currency movers:

Tuesday home prices, consumer confidence;
Wednesday home sales;
Thursday GDP, ADP, jobless claims, Dudley speaks;
Friday NFP;

AUD/USD Direction this week: Range bound

It’s expected to see ranging towards equilibrium in the upward direction after significant depreciation over few last weeks. On the flip side strengthening of USD may restricted due to Eurozone unclear situation. Magnitude of the recovery may be not very strong at least until Greek elections.

Potential currency movers:

Wednesday retail sales;
Thursday building approvals;
Friday China PMI

AUD/JPY Direction this week: Bullish

it’s expected to see lifting AUD/JPY after major selling pressure over last few weeks resulting in 10 % drop of the pair. Recovery however, my be limited due to European concerns.

Potential currency movers:

Thursday industrial production,
Marius Mass
Green trades…
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Market Analysis 21-25 May

Pepperstone Metatrader 4 Forex Broker

     USD Direction this week: Bullish

Market expectation about USD is positive this week and we could see continuation of uptrend especially against EUR and GBP. Upward movement should be supported by concerns about Greece and Spain.

Potential currency movers:

Tuesday
Home sales, Lockhart speaks;
Wednesday
House prices, new home sales;
Thursday
Durable goods, jobless claims, Dudley speaks;

AUD/USD Direction this week: Range bound;

It’s expected to see consolidation of the pair with the risk of further falling to the downside triggered by USD s strengthening influenced by uncertain situation in Europe.

Potential currency movers:

Tuesday
China HSBC;

AUD/JPY Direction this week: Bearish

AUD/JPY has trended lower and it’s expected to see further easing to the downside this week reflecting uncertain situation in Europe and easing of commodity prices.

Potential currency movers:

Wednesday
BoJ policy meeting, trade balance;
Thursday
CPI;
Marius Mass
Green trades…
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Market Analysis 14-18 May

USD Direction this week: Bullish

Market expectation about USD is positive this week and we could see an uptrend move. Upward movement should be supported by anticipated stronger housing data and concerns about Greece political parties struggling to form government.

Potential currency movers:

Tuesday CPI, retail sales;
Wednesday Industrial production, housing index, building permits;
Thursday FOMC, jobless claims

AUD/USD Direction this week: Bearish

It’s expected to see further falling to the downside of this pair triggered by USD s strengthening influenced by uncertain situation in Europe and furthermore more likely week economic Aussie and Chinese data.

Potential currency movers:

Tuesday RBA minutes;
Friday China property prices;

AUD/JPY Direction this week: Bearish

It’s expected to see further easing to the downside for the same European reasons and anticipated softer Chinese economic data this week.

Potential currency movers:

Thursday GDP;
Marius Mass
Green trades…
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Market Analysis 7-11 May

Pepperstone Metatrader 4 Forex Broker

       USD Direction this week: Bullish

 

Market expectation is very positive about currency and outlook is bullish this week. uptrend will be supported by uncertainty about European governments, elections in France and Greece which as a result will be negative to pairs like EUR/USD, EUR/JPY and positive for USD/JPY.

Potential currency movers:

Wednesday wholesale inventories, Pianalto speaks;
Thursday trade balance, jobless claims, Bernenke speaks;
Friday consumer confidence;

AUD/USD Direction this week: Bearish

It’s expected to see further falling to the downside of this pair triggered by USD s strengthening influenced by uncertain situation in Europe.

Potential currency movers:

Monday retail sales, building approvals;
Wednesday trade balance;
Thursday labour force; current account;
Friday CPI,industrial production, retail sales;

AUD/JPY Direction this week: Bearish

It’s expected to see further easing to the downside for the same European reasons and anticipated softer Chinese economic data this week.

Potential currency movers:

Thursday current account
Marius Mass
Green trades…
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Forex Fundamental Analysis RBA Outlook 4’th May

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