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[B]The troubled Euro, [URL="http://www.forexcrunch.com/euro-not-waiting-for-nfp-dives-towards-1-20/"]hit by Hungary[/URL] and risk aversive trading following the [URL="http://www.forexcrunch.com/eurusd-outlook-may-31-june-4/"]Non-Farm Payrolls[/URL][/B][B], is facing a busy week, with the rate decision being the climax. Here’s an outlook for the European events, and an updated technical analysis for EUR/USD.[/B]

EUR/USD chart with support and resistance lines on it. Click to enlarge:
[URL="http://www.forexcrunch.com/wp-content/uploads/2010/06/euro-dollar-eur-usd-forecast.jpg"][IMG]http://www.forexcrunch.com/wp-content/uploads/2010/06/euro-dollar-eur-usd-forecast-450x238.jpg[/IMG][/URL]
No matter how the debt ...

[B]The week begins with several important events, Chairman Ben Bernanke (US) and Governor Mark Carney (CAD) delivers speeches and in Australia the ANZ Job Advertisements is released. Let’s see what awaits us today. [/B]

In the US, Federal Reserve (Fed) Chairman Ben Bernanke intends to speak at the Dinner hosted by the Woodrow Wilson International Center, in Washington DC, may influence on the short term interest rates.

Later in the US, Consumer Credit that measure the change in the total value of outstanding consumer credit that requires installment payments, decreased from 2 Billion to 1.1 Billion.

In Canada, Bank of Canada (BOC) Governor Mark Carney intends to speak at a Conference, ...

[B]After the whopping [URL="http://www.forexcrunch.com/non-farm-payrolls-fall-short-dollar-rallies/"]Non-Farm Payrolls[/URL], the new week starts slowly but becomes intense later on. Rate decisions from New Zealand, Europe and Britain, and American retail sales and consumer confidence are the highlights among other events. Let’s see the major market movers this week.[/B]

European news has been slower in the past week, with no major credit downgrades or depressing statements. But the crisis is far from over. Traders understand that the [B][URL="http://www.forexcrunch.com/euro-breaks-down-on-imminent-double-dip-recession/"]austerity measures that flood the continent are a serious damage to growth[/URL][/B]. These worries ...

[B]After another week of tense range trading, another busy week expects the Aussie, with employment data being the climax. Here’s an outlook for the Australian events, and an updated technical analysis for AUD/USD.[/B]

AUD/USD chart with support and resistance lines on it. Click to enlarge:
[URL="http://www.forexcrunch.com/wp-content/uploads/2010/06/australian-dollar-forecast.jpg"][IMG]http://www.forexcrunch.com/wp-content/uploads/2010/06/australian-dollar-forecast-450x238.jpg[/IMG][/URL]
The past week saw two important releases: [B][URL="http://www.forexcrunch.com/aussie-still-suffering-from-european-problems/"]GDP and the rate decision that were OK.[/URL][/B] The Aussie didn’t fully enjoy them. Will employment ...