i never ever really trade in the middle of a channel but with it going past the teal box onto a mini Red support zone with QE expected by BOJ..im taking my chances. -Aud- just recently blasted from positive Building Approvals. Its Gdp is coming soon. BOJ Conference is on June 15
June 8 - -Nzd- Rate day. possible rate cut as it is expected
Purple is further levels 2 test. As for news... All eyes are on -Usd- NFP , Unemployment Rate Hourly Wages. Unemployment rate is expected to go below 5.0 sooo buy USD if it does. Also -Nzd- Rate cut is expected next week
Purple is further levels 2 test. As for news... -Gbp- Services PMI is soon & is not a long shot from previous number then I expect no change really in -GU-. All eyes are on -Usd- NFP , Unemployment Rate Hourly Wages. Unemployment rate is expected to go below 5.0 sooo buy USD if it does.
-Usd- Core Durable goods order is coming up followed by -Jpy- Core CPI which is expected to be awful. -Usd- Gdp & Yellen speech is Friday. Yellen expected to be upbeat. Do keep in mind additional QE is expected from BOJ. BOJ Conference is June 15.
-Gbp- news coming -gbp-Core CPI , average earnings & claimant count rate 2 look for. id get out after soon after the earning news if its bad becuz -Aud- Unemployment rate expectations is a tick up !
-Jpy- Core CPI is soon & expectations have it bad. Also more QE is expected from BOJ & BOJ Conference is on June 15
When will SNB intervene..? BOJ Conference isn't until June 15 & there is quite the amount of China news from here on out. I expect BOJ 2 do more QE
-Usd- Core Durable goods order is coming up followed by -Usd- Gdp & Yellen speech is Friday. Yellen expected to be upbeat.
do watch what -Aud- Gov. Steven says -Nzd- trade balance expectations is ehh bad watch -Aud- news as it does affect Nzd -Nzd- Budget release -Usd- core durable good orders exp. is bairly good Fri.- Usd- GDP & Yellen speaks
Green zone 2 be retested.. Watch the break out above the purple line. -Euro- news expecations look solid & good. www.investing.com
-Jpy- news expectations is bad & -Nzd- is ehh with its trade balance www.investing.com June 15 is BOJ Press conference
buy if its good, sell if its bad