Key risk events today: Australia Wage Price Index q/q; RBNZ Official Cash Rate, Monetary Policy Statement, Rate Statement and Press Conference; UK Prelim GDP q/q; UK GDP m/m; UK Manufacturing Production m/m; US Core PPI m/m and PPI m/m; Fed Chair Powell Speaks. (Previous analysis as well as outside sources – italics). EUR/USD: Organised in … Continue reading Wednesday 13th May: Technical Outlook and Review
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Tuesday 12th May: Technical Outlook and Review
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
Monday 11th May: Weekly 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.
Friday 8th May: NFP Day – Remain Vigilant
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
Victory in Europe Day Trading schedule 2020
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).