Coach Matt assesses all major currencies and economic events in the latest edition of the Forex Report. This is the last week for the Forex Report free edition. Next week it will be included in Pro subscriptions only.
AUD/USD: Over-extended and waiting for bearish retracement.
EUR/USD: Waiting for retracement into 1.1500
GBP/USD: New short swing trade with trigger under 1.5000, stop right above resistance
USD/CAD: Over-extended, waiting for retracement into 1.2300
USD/CHF: New short USD swing trade with trigger under .9200
USD/JPY: Nothing…completely neutral.
Major economic events with News Based Trade
Monday:
AUD: Rate Statement 10:30 PM EST
Tuesday
No major announcements expected
Wednesday
USD: Non-Farm Employment Change 8:15 AM EST
AUD: Retail Sales 7:30 PM EST
Thursday
GBP: Official Bank Rate 7:00 AM EST
CAD: Trade Balance 8:30 AM EST
USD: Trade Balance 8:30 AM EST
AUD: RBA Monetary Policy Statement
Friday
CAD: Unemployment Rate 8:30 AM EST
USD: Unemployment Rate 8:30 AM EST
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5 Replies to “Forex Report 02.02.15”
Yay! Ready to get back in some swing trades.
Yeah, I may have pushed it a little but I could not go 2 weeks in a row without some new trades. lots of day trading thought, GTB and NB trades
Like the new Forex Report logo?
GBP/USD short was triggered at the bank open under 1.5000. Treating it as a GTB trade and will assess in the morning.
Can’t stand when that happens…good break down with automatic whip saw.
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