9jatrader replies to: Pivot Trading

Weekly analysis

Tuesdays 29/05/18

EUR M3 Money Supply y/y
Don’t think it will be a mover.

USD CB Consumer Confidence, it is more likely to be positive.
However current rally of USD is quite extended, and it may retrace before moving higher.

Wednesday

NZD
RBNZ Financial Stability Report
RBNZ Gov Orr Speaks

Base on current NZD performance result, don’t foresee there will be an interest rate change. Will the speech add strength to NZD?

NC will it continue its trend? Looking to TP then re-enter if all conditions meet.

JPY BOJ Gov Kuroda Speaks

NJ pair need to be caution, profit may turn to losses, look to take profit before the news

AUD Building Approvals m/m -2.9% vs 2.6%

EUR
German Retail Sales m/m
German Prelim CPI m/m
Spanish Flash CPI y/y

USD
ADP Non-Farm Employment Change
Prelim GDP q/q

CAD
Current Account
RMPI m/m
Prelim GDP q/q
BOC Rate Statement
Overnight Rate expectation is to remain the same.

Thursday

NZD
ANZ Business Confidence

AUD
Private Capital Expenditure q/q

GBP
Net Lending to Individuals m/m

EUR
CPI Flash Estimate y/y
Core CPI Flash Estimate y/y

CAD
GDP m/m
Crude Oil Inventories

USD
Core PCE Price Index m/m
Personal Spending m/m
Unemployment Claims
Chicago PMI

Friday

USD
FOMC Member Bostic Speaks
FOMC Member Brainard Speaks
Average Hourly Earnings m/m
Non-Farm Employment Change
Unemployment Rate
ISM Manufacturing PMI

GBP
Manufacturing PMI

Avoid major pair look at the pair like EA (dropping to a place of interest), NJ

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