Greetings!
These are the forex levels I have in mind for a possible entry today.
The levels are not intended as a trading recommendation, but rather as a guide for intraday/swing traders.
The economic data listed can generate new momentum and should therefore be taken into account.
I wish you a successful trading day!
Rico Ehmke
| Important economic data/speeches/events with top relevance for the FX sector | ||||||
| 14:00 | German CPI (MoM) (Aug) | EUR | ||||
| 14:15 | ADP Nonfarm Employment Change (Aug) | USD | ||||
| 14:30 | GDP (QoQ) (Q2) | USD | ||||
| 16:00 | Pending Home Sales (MoM) (Jul) | USD | ||||
| Potential Assessment |
buy level | sell level | ||||
| EURUSD | bullish | 1,0830-1,0840 | ||||
| USDCHF | neutral | |||||
| AUDUSD | bullish | 0,6440-0,6450 | ||||
| USDCAD | bearish | 1,3580-1,3590 | ||||
| NZDUSD | bullish | 0,5930-0,5940 | ||||
| USDPY | neutral | |||||
| GBPUSD | bullish | 1,2600-1,2610 | ||||
| DAX40 | bullish | ~15820 | ||||
| S&P500 | bullish | ~4460 | ||||
| GOLD | neutral | |||||
| OIL | neutral | |||||