D-Styles

Aussie Tipping Over 2 the Downside

Short
D-Styles Updated   
FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
  • watch for China Core CPI this sunday. sell right away if bad.
  • China Trade Balance expectations number is Bad ; Tuesday
  • -Aud- unemployment expectations ticks UP by .1 ; Wed.
  • -Usd- Great expectations on Wed. Core retail sales , PPI & Retail Sales
  • possibly get out b4 Usd Core CPI if technicals show so ; Thur.
  • China Gdp q/y expectations is expected to go down & there is good Industrial Production . Thur.
  • Slightly Good -Usd- Consuer Sentiment to end it off
Comment:
Entered very conservative at .0755 until China CPI comes out.. will add more if it's bad
Comment:
the force behind Aud & Nzd
FOMC Minuties & Yellen speech had a much better tone than the 2 previous statements. its been less dovish & they being cautious while believe the Us can use rate hikes ever so gradually. News this week is in favor of USD despite the tick down in Core CPI.
Comment:
Dollar taking a tumble from gold 7 oil.. u can actually move ur cursor on the DXY & see the changes
Comment:
news coming & triple top formed .. chart -->
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.