Key risk events today: Australia NAB Business Confidence; US CPI m/m and Core CPI m/m. (Previous analysis as well as outside sources – italics). EUR/USD: The US dollar index kicked off the week on strong footing, rallying more than 1.00% and reclaiming 100.00+ status. The single currency has been relatively resilient, though is seen nearing … Continue reading Tuesday 12th May: Technical Outlook and Review
Overall, though, EUR/USD has been involved in a long-term downtrend since topping in early 2018. A nudge lower could see multi-year lows enter sight at 1.0635, while firming may eventually witness the 2020 yearly opening level at 1.1222 make a play.
Key risk events today: RBA Monetary Policy Statement; ECB President Lagarde Speaks; Canada Employment Change and Unemployment Rate; US Average Hourly Earnings m/m, Non-Farm Employment Change and Unemployment Rate. (Previous analysis as well as outside sources – italics). EUR/USD: Sell-stops south of 1.08 were tripped in recent trading, with H4 action regaining a strong footing … Continue reading Friday 8th May: NFP Day – Remain Vigilant
Dear Trader,
Please find our updated Trading schedule for Victory in Europe Day on Friday, 08th May 2020. Times mentioned below are Platform time (GMT +3).
Key risk events today: RBA Cash Rate and Rate Statement; German Constitutional Court Ruling; UK Final Services PMI; Canada Trade Balance; US ISM Non-Manufacturing PMI; New Zealand Employment Change q/q and Unemployment Rate. (Previous analysis as well as outside sources – italics). EUR/USD: EUR/USD exhibited a clear defensive play Monday as the US dollar index, … Continue reading Tuesday 5th May: Technical Outlook and Review
