All Blog Entries

[url="http://www.daytradingbias.com/?page_id=1093"]Weekly Outlook[/url] updated for the week of Mar 12 to 16.

You can view the latest charts and comments [url="http://www.daytradingbias.com/?page_id=1093"]here[/url].
Previous week comments and charts can also be found on the same page.

For those who are interested in mechanical approach to chart analysis, check out our [i]Weekly Cycle Projection[/i] - it provides [url="http://www.daytradingbias.com/?page_id=6847"]visual weekly forecast[/url] for the markets we support.

[b]Free Symbol Rotation[/b] this week is offering the premium reports on the pair [color=green][b]AUDUSD[/b][/color] for FREE.

[url="http://www.daytradingbias.com/?page_id=399"]Sign ...

The commodities markets including gold and crude oil market didn't do much during last week on a weekly scale despite the strengthening of the U.S. during last week over the Greek debt crisis, the strong U.S. non-farm payroll employment numbers and the contraction of EU GDP during Q4 2011. This week there are many important events, decisions and publications that could affect the direction of forex and commodities markets. Among these items are: FOMC meeting and rate decision, U.S. Philly Fed survey Bank of Japan rate decision, U.S. Federal budget balance, German ZEW economic sentiment, U.S. CPI and U.S. unemployment claims. Here is an outlook for the week of March 12th to 16th that highlights news items regarding to the U.S., Japan and EU. ...

GBP/USD dropped 150 pips, closing the week at 1.5675 level. The upcoming week has four releases. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD.

US non-farm payrolls posted strong numbers in January and February, helping the dollar rally. Meanwhile, economic data coming out of the UK continued to unimpress the markets.

GBP/USD graph with support and resistance lines on it. Click to enlarge:
Read the rest of the article [B][I][URL="http://www.forexcrunch.com/gbpusd-outlook-march-12-16/"]GBP/USD Outlook March 12-16[/URL][/I][/B]

Oil prices didn't do much during last week as they have edged up on weekly scale by nearly 1%. There are still concerns regarding the future ramifications regarding Iran but since there wasn't any development on this front, oil prices continued to trade high. The positive news of the 227 thousand increases in non-farm payroll employment helped trade up crude oil. During last week, WTI oil price rose by 0.66% and Brent oil by 1.16%; as a result, the difference between Brent and WTI reached $18.43/b on Friday.

The complete oil prices weekly recap at Trading NRG