Euro Takes out Highs, Aims for $1.35 – Does Rally Have Staying Power?

Fundamental Forecast for the Euro: Bullish Euro rallies despite Fitch Ratings downgrades of Italy, Spain EURUSD takes out fresh highs as markets speculate on Greece deal Markets look EU summit for next clues on Euro direction It is shaping up to be a make-or-break week for the resurgent Euro as a key European summit and…

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New Zealand Dollar Overbought, Fundamentals To Fuel Major Correction

Fundamental Forecast for New Zealand Dollar: Bearish NZDUSD: Bulls Meet Key Resistance Level New Zealand Dollar at Short Term Channel Resistance New Zealand Dollar Little Changed as RBNZ Keeps Rates on Hold The New Zealand dollar extended the advance from earlier this month to mark a fresh yearly high of 0.8249, but we may see…

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US Dollar a Natural Short but also a Fundamentally Loaded Currency

Fundamental Forecast for the US Dollar: Bearish Fed extends its forecast for holding interest rates near zero through 2014 US GDP misses expectations, finds an unhealthy boost from inventory building USDollar marks a critical thrust lower into the close of the week The dollar has been hammered over the past two weeks. A lot of…

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Forex Trading Weekly Forecast

US Dollar a Natural Short but also a Fundamentally Loaded Currency Euro Takes out Highs, Aims for $1.35 – Does Rally Have Staying Power? Japanese Yen Strength At Risk As Intervention Threats Resurface British Pound Looks to EU Debt Crisis Fix Efforts for Direction Cues Gold On Pace for Strongest Month Since August Ahead of…

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Gold On Pace for Strongest Month Since August Ahead of Fed Testimony

Fundamental Forecast for Gold: Neutral Crude Oil, Gold Aim Higher on Accelerating US Economic Growth Gold on Track for Best Month Since August 2011 Gold, Silver Aiming Higher as Federal Reserve Stokes Inflation Bets Gold prices surged this week with the precious metal advancing 4.3% on the back of the Fed’s pledge to anchor interest…

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