Houston Finance

Jan 10 2018

News Trading Archives – Currency News Trading, currency day trading.#Currency #day #trading

currency day trading

Currency day trading

CA Core CPI is a high impact release for CAD although it s usually not very tradable unless we get a huge deviation. With the USD remaining quite strong and the fact crude prices continue to fluctuate, it will be difficult to predict a market trend for the CAD, but for the short-term, we could still [ ]

UK Retail Sales | November 16, 2017 | News Trading Plan

Currency day trading

UK Retail Sales is usually a very decent news to trade especially considering recent strength in the GBP despite constant pressure from the US Dollar. With CPI remaining above the 3.0%, I believe GBP is a long hold trade and we may very well see the currency continue its ascension. 4:30am (NY Time) UK Retail Sales [ ]

AU Employment Change | November 15, 2017 | Currency Analysis

Currency day trading

The Australian Employment Change release should provide an opportunity to trade the Aussie especially if we were to get our tradable figures. With USD remaining strong against the AUD, any weaker than expected release could drive the AUDUSD pair lower, possibly breaching the current support and push the pair to new multi-month lows. However, if [ ]

US Core Retail Sales | November 15, 2017 | Forex Trading

Currency day trading

US Core Retail Sales is a high impact tradable release and since it s scheduled at the same time as the Core CPI, I d recommend paying close attention to both releases. Since either has the potential of really impacting the short-term market, unless we get a consensus, I d recommend just staying out. At the end of the [ ]

US Core CPI | November 15, 2017 | Forex News

Currency day trading

US Core CPI is expected to rise only around the 0.2% again this month but with the USD remaining resilient and positive outlooks in the equity market, I would not expect any sudden changes even if we get a surprise reading today. As a matter of fact, the overall currency market seems well-balanced. The next [ ]

UK CPI y/y | November 14, 2017 | Forex Strategy

Currency day trading

UK CPI y/y release could be a market mover, especially following last BOE rate hike. If we get a persistent rise in inflation, yet for another reading, it s very likely that BOE could hike in the next 3 meetings, enough to add plenty of support for the GBP. Obviously, if we do get a stronger [ ]

NZ RBNZ Interest Rates | November 8, 2017 | Currency Trading

Currency day trading

RBNZ Interest Rates decision today is expected remain at the current level of 1.75% as there are very little expectations for a surprise today. Similar to RBA s rate decision, the market is not expecting any surprises, judging from the lack of inflationary pressure to support such action. If RBNZ surprises the market, it will be blindsided [ ]

AU RBA Interest Rate Decision | November 6, 2017 | Forex Trading

Currency day trading

AU RBA Interest Rate Decision today is once again expected to remain unchanged at the current level of 1.50%. It is highly unlikely that RBA will surprise the market today, especially considering that CPI is not yet pressuring the central bank to act, unlike the situation in the UK. Obviously, if everything goes according to [ ]

US ISM Non-Manufacturing PMI | November 3, 2017 | Forex News Trading

Currency day trading

US ISM Non-Manufacturing PMI is usually very market moving and considering that over 70% of U.S. labor force is services related, today s release should most definitely move the market, but since it s scheduled AFTER the Nonfarm Payroll, I d only trade if we get a conflict with the NFP. I ve seen huge retracements with ISM PMI [ ]

US NFP (Nonfarm Payroll) Employment | November 3, 2017 | Currency News

Currency day trading

US NFP is expected to be around 311K, and considering recent Fed s meeting, USD is likely to remain supported throughout. With the jobs creation numbers compensating prior months, we could see another renewed push for the USD if we get an even stronger release, and this push could last well into the end of 2017. [ ]

CA Employment Change | November 3, 2017 | Forex Trading

Currency day trading

We´ll be getting the Canadian Employment Change release figure along with the US Nonfarm Payroll at the same time. It is never good to just focus on this release or USDCAD pair as the main focus should be on the US NFP release. The market will surely first react to the NFP but there is [ ]

UK Services PMI | November 3, 2017 | Currency News Strategy

Currency day trading





Written by admin


Leave a Reply

Your email address will not be published. Required fields are marked *