Important levels & news coming..EU to go here or there
- Core durable goods order & Consumer confidence 2day
- FOMC statement 2 pave the wave for EU.. ; As oil has found light & is balancing out higher inflation will be coming but dont get hyped up just yet.. the downside is that the Fed is watching global markets & global -Gdp-. Also Unemployment as ticked up, manufacturing still bad, strong dollar has been a problem manufacturing & trade according to the Fed. Upside is many NFP has been very strong lately & oil is balancing out.
- -Usd- Advance GDP expectations is weak
- Spain news & Euro CPI expectations a a bit bad
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sold at 1.131 difference between April / March FOMC ----> dl.dropboxuserconten.../u/17531726/fed.html
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hitting resistance point--->
the news 2 look out 4. Monday, Euro news expectations partially bad news while Usd news expectations are neutral. keep in mind Usd - NFP - expectations are - STRONG - once again. sold at 1.144
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will be looking 2 sell if EU has bad news. important levels of this chart stay the same. only that there is a stronger resistance around the 1.14 level
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sold at 1.1345.. SL 55 Pips
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Exited with +42 pips
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will be looking to sell at 1.126 .. selling right away if Gernamn Ifo Climate is bad
