Short below 0.6910, with 0.6829 as Target, and 0.6920 as Stop Loss
Short below 0.8796, with 0.8730 as Target, and 0.8805 as Stop Loss
Long above 459.8, with 547.2 as Target, and 448.5 as Stop Loss
SELL LIMIT: 1.0772 TAKE PROFIT: 1.0713 STOP LOSS: 1.0779
SELL LIMIT: 0.9910 TAKE PROFIT: 0.9737 STOP LOSS: 0.9932
Activity in the UK service sector picked up slightly last month, but remained subdued according to a closely watched business survey released on Thursday. Research firm Markit said its services purchasing managers’ index rose to 52.8 in April, compared to forecasts for a reading of 53.5. Firms noted that subdued consumer spending had held back business activity...
ECONOMIC INDICATORS Bank of England Governor Mark Carney said on Thursday that he expects rates to rise over the next few years but did not want to focus on "precise timing". Carney also said there "will be some differences of view" at May's policy meeting, surprising investors who were almost certain of a 25bps hike next month. RECOMMENDATION Short below...
ECONOMIC INDICATORS New Zealand’s consumer prices increased 0.5 percent on quarter in the first quarter of 2018, up from 0.1 percent recorded in the previous period and matching market expectations. The quarterly jump was mainly explained by a 0.5 percent rebound in the food group (vs -1.7 percent in the previous quarter) and by a 4.3 percent climb in the...
Break the Resisitance, USDSEK expected Bullish to 8.4326
Forming Falling Wedge Pattern, USDZAR expected Bullish to 12.6630
USDCAD form a Triangle Pattern, and expected to Bullish to 1.3220
USDCHF formed a Falling Wedge Pattern, and expected Bullish to 0.9570.
Comment: Forming a Falling Wedge Pattern, and is expected to be bullish to 0.9570 Recommendation: Long at 0.9369, with 0.9570 as the Target Price, and 0.9169 as a Stop Loss
EURJPY forms a Falling Wedge Pattern. Possibly a Bullish Price to 135.68, with 131.75 as a Long Price, and 130.93 as a Stop Loss.
- SELL LIMIT 79.88 - TAKE PROFIT 79.37 - STOP LOSS 80.30