USD Index and weekly fundamental overview 25-11-12

USDIndex moving as it expected to move. Currently closed near support
level, It may retrace a bit but it has a good chance to break the
support and get close to 79 level.

201213 USD Index and weekly fundamental overview 25 11 12

USD INDEX

 

Most USD news forecast suggest mix move on price next week. Most
importantly USD unemployment claim cross 2012 high so far, It will not
stay there long so we can assume next week  it will be more neutral this
would effect market movement.

Uptrend likely to continue on EURUSD,GOLD, AUDUSD at the beginning of
the week. Later however some news may affect price movement.

Next week important news.

Nov 26 -Eurogroup Meetings

Nov 27 -GBP-Revised GDP q/q

Nov 27 -USD-Core Durable Goods Orders m/m (Forecast – negative)

Nov 27 -USD-CB Consumer Confidence (Forecast – positive)

Nov 28 -USD-New Home Sales (Forecast – negative)

Nov 29 -Italian 10-y Bond Auction

Nov 29 -USD-Prelim GDP q/q (Forecast – positive)

Nov 29 -USD-Unemployment Claims (Forecast – positive)

Nov 29 -USD-Pending Home Sales m/m (Forecast – positive)

Nov 30 -CAD-GDP m/m (Forecast – positive)

 

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