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Euro/dollar finally got some positive news at the European Summit. The comprehensive plans for Greece sent it higher. The coming week consists of key employment and inflation figures, as well as more reactions from the credit rating agencies and the bond markets. Here is an outlook for the upcoming events, and an updated technical analysis for EUR/USD, still under downtrend resistance.

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/eurusd-outlook-july-25-29/"]EUR/USD Outlook – July 25-29[/URL][/I][/B]

After reaching multi year highs against the greenback, the Canadian dollar took some air. Where will it go from here? Gross domestic product is the highlight of this week. Here’s an outlook for the Canadian events, and an updated technical analysis for the Canadian dollar

Last week brought good tidings for the Canadian economy with strong figures in the housing sector job market conditions topped by positive forecasts from the BOC. These positive readings caused the USD/CAD pair to fall at fresh multi-year low. Will this positive trend continue?

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/usdcad-outlook-july-25-29/"]USD/CAD Outlook – July 25-29[/URL][/I][/B]

CPI in Canada and German Ifo Business Climate in Europe are the major events this day. Here is an outlook on the market-movers awaiting us.

In Canada, Consumer Price Index (CPI) an important monthly report to measure the services & goods customers price is about to reduce from 0.7% to -0.2% this time. Meanwhile Core CPI Ex Volatile Items is about to reduce by 0.5%.

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/forex-daily-outlook-july-22-2011/"]Forex Daily Outlook – July 22 2011[/URL][/I][/B]

The leaders of the European Union are finally pushing through serious plans to tackle the debt crisis, and the response in the markets is very positive. EUR/USD is rallying 280 pips from the bottom seen earlier in the day, and is approaching long term downtrend resistance.

Earlier in the day, the talks about a selective default, and the ECB agreeing to such, scared EUR/USD and sent it down to around 1.4120. We are now close to 1.44. No, a selective or temporary default is still on the cards, but very serious plans for growth are also on the table.

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/euro-celebration/"]Euro Celebration – Approaching Long Term Downtrend Resistance[/URL][/I][/B]