UPCOMING EVENTS: Monday: US and Canada Holiday, Fed’s Waller. (US stock market open/bond market closed) Tuesday: UK Labour Market report, German ZEW, Canada CPI, New Zealand Q3 CPI. Wednesday: UK CPI. Thursday: Australia Labour Market report, ECB Policy Decision, US Retail Sales, US Jobless Claims, US Industrial Production and Capacity Utilization, US NAHB Housing Market…
Weekly FX Chart Outlook:- Sept 23-27 New week, new ball game! Similar to last week, how the coming week ends will be more significant than how it starts out. In this regard, the dollar is ending on its back foot (except vs JPY) although only the GBP and AUD broke fresh ground to the…
Weekly FX Chart Outlook Sept 16-20 If you are looking to trade the news in the you will find plenty to focus on in the week ahead. This should be a week where the reaction to new will likely be more important than the news itself baring any surprises. While there is a full…
Weekly Charts Analysis USDJPY DAILY CHART – Time to take a breather? USDJPY pattern is 5 down weeks in a row. To break this pattern, 147.90 would need to be broken. Otherwise, there could be an inside week. On the downside, if I was the BoJ, I would look to defend the 141.68 low.Current consolidation…
Weekly Charts Analysis XAUUSD –Gold Weekly Chart Supports : 2415.00 , 2390.00 & 2295.00 Resistances : 2485.00 , 2525.00 & 2615.00 Gold is in a Very Bullish Formation, but needs to take out the previous High to avoid possible double top . Pattern wise, it is going for 2615.00 , but watch the support at…
Newsquawk.com Week Ahead 3rd-7th June: SUN: JMMC and OPEC+ Meetings. MON: Chinese Final Caixin Manufacturing PMI (May), EZ/UK/US Final Manufacturing PMIs (May), US ISMManufacturing PMI (May). TUE: South Korean CPI (May), Swiss CPI (May), German Unemployment (May), US Durable Goods R (Apr). WED: BoC Announcement, NBP Announcement, South Korean GDP (Q1), Australian Real GDP (Q1),…