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Forex Report 02.02.15

February 2, 2015

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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”

  1. Avatar Kitna R says:

    Yay! Ready to get back in some swing trades.

  2. 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

  3. Like the new Forex Report logo?

  4. GBP/USD short was triggered at the bank open under 1.5000. Treating it as a GTB trade and will assess in the morning.

  5. Can’t stand when that happens…good break down with automatic whip saw.

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