Forex Flash: Euro Inflation Great Enemy, Will Eur Back Gloomy?

tradfx88

Trader
Mar 14, 2014
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The euro is currently at a different sentiment away from 3 weeks ago which showed the strength of the Euro promising . But already 2 weeks The euro fell against the dollar , giving rise to doubts for investors and traders to continue buying euro .

How about the Euro will move on next week and what is important to note , let us sima together .
Since 3 weeks ago where the euro had posted its strongest price against the USD at 1.3964 figure and almost penetrated the barrier 1.4000 , Mario Draghi ( ECB ) had said it would kekawatirannya the higher the value of the Euro will cause its own problems and hamper the economy . Here we can see that there will be efforts to restrain the pace of ECB bullish on the Euro .

The ECB began a guerrilla to withstand Euro jitters through statements by ECB officials speeches last week . Credit in the discussion on the Euro zone Euro up to how much the increase would cost the worsening of the level of inflation . It is clear how the ECB officials sought to dampen the positive sentiment which Mario Draghi made ​​it clear that short term real rates are now becoming increasingly negative and could be negative again in the future . This was followed by the negative comments of other officials such as Jozef Makuch which states that the higher the risk of deflation . Or as Jeins Weidmann one important official in the ECB stated that the possibility of quantitative easing is still open to occur .

Inflation fears turned out to be the main cause of the ECB . Euro is the strongest country Germany has menyatatkan the data infasi much weaker than expected . Previously located at the level of 0.5 % which had fallen to a level of 0.3 % . Followed one of the countries with the largest trade that Spain is the data inflation down from 1.2 % to 1.0 % . These data are an early warning for the ECB will lower overall inflation euros .

CPI estimates the data next week will be issued where the data is important for the Euros . Low CPI stated that inflation will get worse and will make the ECB should cut interest rates lower or disburse Quantitative Easing . And if this happens then the Euro will fall back in line with the more capital outflow that occurred .

One more thing that should be wary of is the strength of the USD will try to show off in the next week through a series of critical data , Janet Yellen 's speech and not forgetting NFP ( Non - Farm Payroll ) and the unemployment rate is always moving currency .
 

tradfx88

Trader
Mar 14, 2014
16
0
12
WEEKLY OUTLOOK EURUSD : Bearish

WEEKLY OUTLOOK EURUSD : Bearish

If we see technically , the Euro still remains positive sentiment from March . However, some developments rententan economic events can change all of this . If it gets worse inflation data for the whole euro followed by rate cuts or quantitative easing then the Euro is guaranteed to be worse . If there is a speech that emphasized the poor Euro Euro will fall .

Currently graphically uro is in the crossroads whether to continue to fall or rise could rebound . However, as seen in the graph below , the Euro has managed enembus bullish weekly trend line and has the potential to continue to fall .

Currently EURUSD still stuck at 1.3750 and support at 1.3700 should still penetrate if it will continue to fall. If successfully penetrated the 1.3700 EURUSD should be able to penetrate the weekly and monthly support existing simultaneously at 1.3660 . If it's next week then EURUSD EURUSD tumbled down has the potential to get to the area of ​​1.3550 - 1.3500 .
 

tradfx88

Trader
Mar 14, 2014
16
0
12
GBP USD

GBP USD
WEEKLY OUTLOOK : Bullish
GBPUSD did an amazing rebound last week . Started trading with the price dropped to 1.6464 but convincing bullish GBPUSD show performance by climbing to the highest level at 1.6651 price . GBPUSD still has the potential to continue its bullish this week . If the speech Carney Governor of the Bank of England showed positive signs at the start of the week it will add energy to the GBPUSD to ride .
Sentiment weekly or monthly basis , GBPUSD has a good support for the ride . The first target is the target resistance while at the price of 1.6665 which if able to penetrate the potential to lead to wide open the next resistance is at 1.6750 figure . Will advance to the next resistance 1.6825 price is still not able to penetrate in February 2014 ago.
Note also the development of some important economic data that will be announced as well : Manufacturing PMI and Construction PMI and Services PMI which will show the UK economy stretching .
 

tradfx88

Trader
Mar 14, 2014
16
0
12
AUDUSD

AUDUSD

WEEKLY OUTLOOK : NEUTRAL

AUDUSD finally tasted the fresh air after a successful show an excellent performance last week . AUDUSD rose last week from weekly lows at 0.9048 to its highest price in the price of 0.9294 . Is AUDUSD could go back up ? all the potential is certainly there . However, note that 0.9300 resistance is an important point for AUDUSD today . If you AUDUSD managed to penetrate the potential to rise up to the level of 0.9530 - 0.9570 . If it fails to penetrate the downward correction would allow for a return to the 0.9050 price level . But before the AUDUSD decline should be able to pass through the first support at 0.9130 price .

Currently the AUDUSD stands at a crossroads . Many investors see the AUDUSD grow healthy , but the RBA see that the value of this current is too strong currency and weighed on economies . Tuesday morning tomorrow will be answered the question whether the interest rate will be increased by the RBA or stay afloat . The data rate will enliven AUDUSD movement besides China Manufacturing Data will also be announced .
 

tradfx88

Trader
Mar 14, 2014
16
0
12
XAUUSD

XAUUSD

WEEKLY OUTLOOK : NEUTRAL

XAUUSD failed to maintain its bullish and fell for the second consecutive week . Last week XAUUSD only able to achieve the highest price at the level of $ 1,334.10 and should be dropped under $ 1300.00 and reached its lowest level at the price of $ 1,285.55 . A stronger USD last week with plans to resume Tapering Yellen and plans to raise rates next year are still creating momentum for both USD and disabling Gold .

Gold has the potential to move to the high volatility this week . Many important economic data that will come from the United States such as : non-farm payrolls and the unemployment rate would be paramount . There was also a Janet Yellen 's speech will affect the market as well as some other data , namely : PMI Manufacturing , Non - Manufacturing PMI , Trade Balance .

Technically XAUUSD still dogged by the dark cloud to be back negative . However, several developments last week raises hopes for being bullish . Support important this week is $ 1,285.00 which if penetrated the XAUUSD will increasingly bearish and quickly collapsed . While this resistance is observed at a price of $ 1,300.00 - $ 1,310.00 to be penetrated consistently to be a bullish reversal . Next if it is able to penetrate the resistance XAUUSD must be able to penetrate $ 1330.00 .

We take part in the movement this week which will be interesting because it is filled with a variety of economic data from various countries .