Sunday, April 26, 2015

The Week Ahead - April 27 2015

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
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
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.
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. 
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,