EUR/USD Outlook – May 3-7
Another crazy week will probably be seen. Apart from the debt issues, we have a rate decision and many more events. Here’s an outlook for this week’s events and an updated technical analysis for EUR/USD.

EUR/USD graph with support and resistance lines marked. Click to enlarge:...

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GBP/USD Outlook – May 3-7
The general elections will dominate the Pound’s trading this week, yet there are many economic indicators that will also rock the Pound this week. Here’s an outlook for the British events and an updated technical analysis for GBP/USD for the exciting week ahead.

GBP/USD graph with...

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Daily Wrap and tight channel in the GBP/USD
That was the predominant story today and it eventually led to a pullback in the USD. Early on, the USD was very strong and plowed higher pushing the EUR/USD almost to new trend lows. Based on how the market is reacting currently. it looks as if a test of 1.3000 is on the horizon. The EU/IMF...

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Reaction to Greece Bailout Package

 

Reaction to Greece Bailout Package

I was on the Business News Network talking about the implications of the EU/IMF bailout package for Greece. Click on the image to access the video:

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