For today
R4 - 1.1245 / R3 - 1.1218 / R2 - 1.1188 / R1 - 1.1135
SPOT 1.1111
S1 - 1.1076 / S2 - 1.1014 / S3 - 1.0986 / S4 - 1.0959
BUY AT 1.1040 FOR 1.1245; STOP AT 1.0950
FXStreet ::: ECONOMICCALENDAR
TUESDAY, APR 28
AUDUSD starting the week at 0.78 & RBA Gov Glenn speech, might give strength for AUDUSD & it might continue pushing up toward reaching the important level 0.805
WEDNESDAY, APR 29
USD ::: Fed Interest Rate Decision
The Market is expecting the Fed interest rate decision to stay the same at 0.25%, & during the last 2 weeks the US Dollar been decreasing its strength letting the market correct after a long wait, & during this event, prices might continue to correct up against the US Dollar.
THURSDAY, APR 30
NZD ::: Monetary Policy Statement
NZD ::: RBNZ Interest Rate Decision
The market is expecting the interest rate decision to stay the same at 3.5% & currently NZDUSD is at 0.75 looking toward retesting 0.78 resistance level.
JPY ::: BoJ Monetary Policy Statement
JPY ::: BoJ Interest Rate Decision
Currently USDJPY is at 118.9 & this event might be its opportunity to revive the bullish momentum & again to start pushing toward 120.00 resistance level.
EUR ::: Unemployment Change (Apr)
EUR ::: Unemployment Rate s.a. (Apr)
EUR ::: Consumer Price Index (YoY) (Apr)
The market is expecting green numbers & in case that happen EURUSD might push above 1.1 resistance level & currently EURUSD is at 1.08 level.
Happy Trading,
|
FXStreet ::: Economic Calendar
MONDAY, APR 20
NZD ::: Consumer
Price Index (YoY) (Q1)
The Market is expecting a stable number as previous & on daily chart
NZDUSD passed last Friday resis level 0.7695 & in case we got a green
number for CPI we might see the price jumping above that resis level &
hold above it.
CAD ::: BoC
Governor Poloz Speech
In a time when USDCAD is building resis levels from top & each one
is under the previous one, the last strong resis on daily chart is at 1.2668
level... BoC Gov speech might give the push needed for USDCAD to correct
more.
AUDUSD on daily chart built a strong support at 0.7530 & currently
the price is at 0.7770 & the RBA Gov speech might give us hints if AUDUSD
might continue the correction up or if the general RBA sentiment still more
weakness for AUD during the next months.
TUESDAY, APR 21
AUD ::: RBA
Meeting's Minutes
Also this event from RBA might give us hints what next on AUDUSD chart
for the next months.
WEDNESDAY, APR 22
AUD ::: RBA
trimmed mean CPI (QoQ) (Q1)
AUD ::: Consumer
Price Index (YoY) (Q2)
The Market is expecting a red number for CPI & in case that happened
we might see AUDUSD retesting imp support levels.
GBP ::: BOE
MPC Vote Hike
GBP ::: BOE
MPC Vote Cut
GBP ::: BOE
MPC Vote Unchanged
The Market is expecting that all the votes will be to hold rates, same
as the previous vote & the last vote was in Mar 18 2015 & currently
GBPUSD is trying to hold above 1.50 psycho level & in case it manage to
hold above that level for a long time it might attract more buyers & in
case it fail to hold & dive toward 1.49 again, then it might attract more
sellers.
FRIDAY, APR 24
EUR ::: Eurogroup
meeting
EURUSD is currently correcting after building a strong support at 1.04
& price is at 1.08... EURUSD did tested the res level of 1.11 till now 2
times & in case it manage to reach it again & to hold above it...
then we might see a serious correction which will attract more buyers.
USD ::: Durable
Goods Orders (Mar)
The Market is expecting a green number & in case that happened
during the last day of this week, the US Dollar might push all majors down
& let them retest imp support levels.
Happy Trading,
|
I'm using only manual trading. The basis of my trading strategy is weakly chart. I not use indicators.
Requirements:
- Leverage - 1:500
- Minimum Order Quantity - 0,01 lot
- Minimum Order Quantity step - 0,01 lot
- Account currency is desirable - EUR
- Recommended account with a fixed or zero spread
- The maximum number open positions - 1
- Planned income to 10-30 % per month.
TUESDAY, APR 14
USD ::: Retail Sales (MoM) (Mar)
The market is expecting a green number & In case that happen the US Dollar might get strength on that day & majors versus the US Dollar might retest imp levels.
WEDNESDAY, APR 15
The market is expecting a decrease in China GDP & in case that happen it might be translated as more weakness for the Australian currency.
EUR ::: ECB Interest Rate Decision
The market is expecting the ECB to keep interest rate at 0.05% & during this event we might see some price actions on EURUSD chart.
CAD ::: BOC Rate Statement
CAD ::: BoC Interest Rate Decision
CAD ::: BoC Press Conference
The market is expecting the BoC to keep interest rate at 0.75% & during this event we might see some price actions on USDCAD chart.
THURSDAY, APR 16
AUD ::: Unemployment Rate s.a. (Mar)
AUD ::: Participation Rate (Mar)
AUD ::: Employment Change s.a. (Mar)
AUD ::: Fulltime employment (Mar)
AUD ::: Part-time employment (Mar)
The market is expecting a red number for Employment change from Australia & in case that happen might be translated more weakness for the Australian currency.
FRIDAY, APR 17
CHF ::: Real Retail Sales (YoY) (Feb)
USD ::: Consumer Price Index (YoY) (Mar)
The market is expecting a stable number for US CPI & in case that happened we might see on charts weakness for the US Dollar.
CAD ::: Consumer Price Index (YoY) (Mar)
The market is expecting a red number for the Canadian CPI & in case that happen USDCAD might fly up testing imp resistance levels.
Happy Trading,
|
FXStreet ::: Economic Calendar
TUESDAY, APR 07
AUD ::: RBA
Rate Statement
AUD ::: RBA
Interest Rate Decision
The US Dollar got weakened last Friday &
RBA hold the power this week to switch the direction of AUDUSD from bearish
to bullish if there is a will to give strength for AUD. RBA interest rate
decision is an event which can give the wave needed for AUDUSD to get close
to 0.805 resistance important level. In case RBA want to keep the AUDUSD
bearish then the market might dive and retest supports during this
event.
EUR ::: Markit
Services PMI (Mar)
The purchasing managers index from Europe will
reflect how the economy is adjusting with a weak Euro, in case the number
came in green then EURUSD might keep on advancing up profiting from a weak US
Dollar.
WEDNESDAY, APR 08
JPY ::: BoJ
Press Conference
JPY ::: BoJ
Monetary Policy Statement
Last Friday USDJPY went to 118 again after the
US Dollar got weak, & BOJ have the power this week to revive the big plan
of weakening the JPY for export reasons & we might see during this event
USDJPY retesting 120.00 resistance. In case USDJPY started a long term
correction we might see during this event USDJPY price moving side way
resisting the bearish momentum.
USD ::: FOMC
Minutes
US Dollar started last Friday the bearish
journey to revive export for US companies, & during this event we might
get some hints regarding the correction of the US Dollar if it might happen
very fast or it might be delayed again another month. On EURUSD chart we can
notice that EURUSD is showing serious signs of a correction up as a reaction
for the US Dollar weakness.
THURSDAY, APR 09
GBPUSD reached last Friday 1.49 & might
keep on advancing during this week up & on BoE interest rate decision
GBPUSD might get the push needed to strongly hold above psycho level 1.50 .
On the other hand if the BoE want to push GBPUSD more down for export reasons
we might see GBPUSD retesting supports during this news event.
FRIDAY, APR 10
CAD ::: Net
Change in Employment (Mar)
CAD ::: Unemployment
Rate (Mar)
USDCAD is currently correcting from last
resistance level 1.28 & right now at 1.24 & if news came in green
from Canada it's expected that USDCAD might continue the correcting momentum
by going more down. On the other hand in case the news came in red then
USDCAD might retest resistance levels.
GBP ::: NIESR
GDP Estimate (3M) (Mar)
GDP news release if came in green might give
GBPUSD the energy needed to start a long term bullish wave. On the other hand
if the number came in red then GBPUSD might dive and retest supports.
Happy Trading,
|