A Good buy trade if price break above @1.07250 with T.P.1 @1.07900 and T.P.2 @1.08500 with S.L. @ 1.06260
A Good sell trade if price break below @1.06200 with T.P. @1.05660 and T.P.2 @1.05170 with S.L. @ 1.06790
Here are other risk events
Tuesday, Jan 24, 4:00pm PH time EUR French Flash Manufacturing Purchasing Managers' Index
Tuesday, Jan 24, 4:00pm PH time EUR French Flash Services Purchasing Managers' Index
Tuesday, Jan 24, 4:30pm PH time EUR German Flash Manufacturing Purchasing Managers' Index
Tuesday, Jan 24, 4:30pm PH time EUR German Flash Services Purchasing Managers' Index
Tuesday, Jan 24, 5:00pm PH time EUR Flash Manufacturing Purchasing Managers' Index
Tuesday, Jan 24, 5:00pm PH time EUR Flash Services Purchasing Managers' Index
Tuesday, Jan 24, 7:30pm PH time EUR ECD President Draghi Speaks
Wednesday, Jan 25, 10:00pm PH time USA Existing Home Sales
Wednesday, Jan 25, 5:00pm PH time EUR German Ifo Business Climate
Thursday, Jan 26 3:00pm PH time EUR Spanish Unemployment Rate
Thursday, Jan 26 9:30pm PH time USA Unemployment Claims
Friday, Jan 27, 11:00pm PH time USA New Home Sales
Friday, Jan 27, 9:30pm PH time USD Advanced GDP q/q
Friday, Jan 27, 9:30pm PH time USD Core Durable Goods Orders m/m
It is a fairly quiet week for the eurozone with most of the economic data focusing on the flash PMI figures.
My Long term bias is still bearish for this pair but for the week ahead, the 50SMA appears to be retested
A Good sell trade if price break below @1.06200 with T.P. @1.05660 and T.P.2 @1.05170 with S.L. @ 1.06790
Here are other risk events
Tuesday, Jan 24, 4:00pm PH time EUR French Flash Manufacturing Purchasing Managers' Index
Tuesday, Jan 24, 4:00pm PH time EUR French Flash Services Purchasing Managers' Index
Tuesday, Jan 24, 4:30pm PH time EUR German Flash Manufacturing Purchasing Managers' Index
Tuesday, Jan 24, 4:30pm PH time EUR German Flash Services Purchasing Managers' Index
Tuesday, Jan 24, 5:00pm PH time EUR Flash Manufacturing Purchasing Managers' Index
Tuesday, Jan 24, 5:00pm PH time EUR Flash Services Purchasing Managers' Index
Tuesday, Jan 24, 7:30pm PH time EUR ECD President Draghi Speaks
Wednesday, Jan 25, 10:00pm PH time USA Existing Home Sales
Wednesday, Jan 25, 5:00pm PH time EUR German Ifo Business Climate
Thursday, Jan 26 3:00pm PH time EUR Spanish Unemployment Rate
Thursday, Jan 26 9:30pm PH time USA Unemployment Claims
Friday, Jan 27, 11:00pm PH time USA New Home Sales
Friday, Jan 27, 9:30pm PH time USD Advanced GDP q/q
Friday, Jan 27, 9:30pm PH time USD Core Durable Goods Orders m/m
It is a fairly quiet week for the eurozone with most of the economic data focusing on the flash PMI figures.
My Long term bias is still bearish for this pair but for the week ahead, the 50SMA appears to be retested
