Tuesday 23 February 2016

Forex Market Updates For Today as on 23 feb

EUR/USD

EURUSD broke down below the 1.1050 level, but could not break down below the 1.10 level. That is the level where we can start selling, so if we can get below the bottom of the daily range, we are more than willing to short this market but recognize that there is quite a bit of noise below. We believe that the market will probably try to reach the 1.08 level at that point in time. On entering, if we can break back above the 1.1050 level, we may get some potential for buying.

forex trading signals


Date
Time
Currency
Impact
Particular
Forecast
Previous
Tue Feb 23
12:30pm
EUR

German Final GDP q/q
0.30%
0.30%

2:30pm
EUR
High
German Ifo Business Climate
107
107.3

3:30pm
GBP
High
Inflation Report Hearings



4:45pm
CHF
High
SNB Chairman Jordan Speaks



7:30pm
EUR

Belgian NBB Business Climate
-3.5
-3


USD

S&P/CS Composite-20 HPI y/y
5.80%
5.80%

8:30pm
USD
High
CB Consumer Confidence
97.4
98.1


USD

Existing Home Sales
5.37M
5.46M


USD

Richmond Manufacturing Index
2
2

10:30pm
GBP

MPC Member Haldane Speaks




No comments:

Post a Comment