


ProSignal24
EssentialThe USDCAD had been trending down for some time now and the resent economic data in favor of CAD today has put the pair further to the down side. 07:30 CAD Core CPI (MoM) (Mar) 0.7% 0.3% 0.5% 07:30 CAD Core CPI (YoY) (Mar) 2.1% 1.7% 1.9% 07:30 CAD Core Retail Sales (MoM) (Feb) 0.2% -0.5% 1.3% 07:30 CAD CPI (MoM)...
I looks like the the AUDNZD-0.20% is holding support any comments guys. EVENT RISK: 08:30 USD-0.90% Nonfarm Payrolls (Nov) 200K 271K
Tell me what you think guys is it possible??? NO EVENT RISK BULLISH GARTELY PATTERN & CYPHER PATTERN INDIRECT EVENT 12:25 USD Fed Chair Yellen Speaks
EVENT RISK 19:00 AUD HIA New Home Sales (MoM) (Oct) -4.0% 19:30 AUD Trade Balance (Oct) -2.665B -2.317B 20:45 CNY Caixin Services PMI (Nov) 53.1 52.0
Not much event risk, however it looks like it wants to trend upward so we will see. 12:25 USD Fed Chair Yellen Speaks
Take a look at this set up guy what do you think how does it look. EVENT RISK_ BOGOTA TIMEZONE 08:15 USD ADP Nonfarm Employment Change (Nov) 190K 182K 08:30 USD Fed Chair Yellen Speaks 08:30 USD Nonfarm Productivity (QoQ) (Q3) 2.2% 1.6% 08:30 USD Unit Labor Costs (QoQ) (Q3) 1.1% 1.4% ...
EVENT RISK 04:30 GBP Construction PMI (Nov) 58.2 58.8 05:00 EUR Core CPI0.04% (YoY) (Nov) 1.1% 1.1% 05:00 EUR CPI0.04% (YoY) (Nov) 0.2% 0.1%
EVENT RISK- Bogota timezone_(-5 GMT) 08:15 USD ADP Nonfarm Employment Change (Nov) 190K 182K 08:30 USD Fed Chair Yellen Speaks 08:30 USD Nonfarm Productivity (QoQ) (Q3) 2.2% 1.6% 08:30 USD Unit Labor Costs (QoQ) (Q3) 1.1% 1.4% 10:00 CAD Interest Rate Decision ...
There has been a series of negative Chines data but the AUD unemployment was data was above estimated. Technical setup has developed quit nice.
Last weeks BOE statement resulted in a aggressive sell off. Unemplyment Rate fell to 5.3% resulting in slugish move to the upside. Claimant Count and the Earning report fell below estimates. The lack of momentum gives a sense of conviction that this resistance zone will provide a nice area for a sell.
Looking to see the pair hold that region with an expectation too sell.
* Price action heading into sell zone with the expectation of a hold signaling bullish weakness. * This is the 3rd testing of that 1.5370 handle that is in sink with the fib- 0.500 level. * Stochastic heading in overbought. Downside bias with a change in momentum in the MACD *Bullish on the upcoming reports this week however technical support a move to the downside.
* EURGBP R1 at monthly pivot point looking to hold and reverse. * Defined sell zone * Stochastic overbought and cross
Currently bouncing off R1 of the monthly pivot in conjunction with the frequently tested SellZone. Expecting to Sell with the hold of that region.
The recent break of the Resistance zone open the way to the 1.1450 handle. I'm currently looking to BUY on the Swing. Seen that there is not much date coming out this week for the Eur, I'm expecting a short sell into resistance turn support then a rally in to the 1.1450 Sell zone to continue my long turn bearish bias.