Weekly forex report

Page 1

14th to 18th Sept, 2015


CAD/CHF

RECOMMENDATION: SELL

SUMMARY: The primary trend of CAD/CHF is Bearish on daily charts and past few trading session prices are sustaining at lower levels. In its weekly chart, prices are consolidating with strong negative bias. If it breaks the level of 0.7300 & sustains below it we can expect it to come down to the levels of 0.7220/0.7100 in next few days.

INDICATORS: RSI is sustaining near in selling territory, supporting the upcoming down trend in the pair. In MACD Prices are sustaining in the selling territory, supporting the down side movement in the market.

STRATERGY: CAD/CHF is looking bearish on charts for next few sessions. One can go for sell on higher level strategy for this pair for intraday to midterm positions.


GBP/CAD

RECOMMENDATION: BUY

SUMMARY: The primary trend of GBP/CAD is bullish on daily charts and past few trading session prices are sustaining at higher levels. In its weekly chart, prices are consolidating with strong positive bias. If it breaks the level of 2.0460 & sustains above it we can expect it to come up to the levels of 2.0550/2.0800 in next few days.

INDICATORS: RSI is sustaining near in buying territory, supporting the upcoming up trend in the pair.

In MACD Prices are sustaining in the buying territory, supporting the up side movement in the market.

STRATERGY: GBP/CAD is looking Bullish on charts for next few sessions. One can go for buy on lower level strategy for this pair for intraday to midterm positions.


WEEKLY ECONOMIC CALENDER Date

Time

Currency

Economic Data

Forecast

Previous

Sep 14th

8:15am

-0.30% -0.90%

2:30am Tentative Tentative 9:30am

PPI m/m Retail Sales y/y Monetary Policy Meeting Minutes Monetary Policy Statement BOJ Press Conference CPI y/y PPI Input m/m RPI y/y German ZEW Economic Sentiment ZEW Economic Sentiment Core Retail Sales m/m Retail Sales m/m Empire State Manufacturing Index Capacity Utilization Rate Industrial Production m/m GDT Price Index Current Account RBA Assist Gov Debelle Speaks Average Earnings Index 3m/y Claimant Count Change Unemployment Rate Final CPI y/y Manufacturing Sales m/m Foreign Securities Purchases CPI m/m Core CPI m/m Crude Oil Inventories

-0.40% 1.50%

Sep 15th

CHF CHF AUD JPY JPY GBP GBP GBP EUR EUR USD USD USD USD USD NZD NZD AUD GBP GBP GBP EUR CAD CAD USD USD USD

0.00% -2.20% 0.90% 18.3 42.1 0.10% 0.40% 0.7 77.90% -0.10%

0.10% -0.90% 1.00% 25 47.6 0.40% 0.60% -14.9 78.00% 0.60% 10.90% 0.66B

10:00am 1:30pm

2:15pm

Sep 16th

Tentative 11:45pm 12:30am 9:30am

10:00am 1:30pm

3:30pm

-1.51B 2.50% -5.1K 5.60% 0.20%

-0.10% 0.10%

2.40% -4.9K 5.60% 0.20% 1.20% 8.51B 0.10% 0.10% 2.6M


Sep 17th

11:45pm 12:50am 7:35am 8:30am 9:30am 1:30pm

3:00pm 7:00pm

Sep 18th

7:30pm 12:30am 12:50am 1:30pm

NZD JPY JPY CHF CHF GBP USD USD USD USD USD USD USD USD USD AUD JPY CAD CAD

GDP q/q Trade Balance BOJ Gov Kuroda Speaks Libor Rate SNB Monetary Policy Assessment Retail Sales m/m Building Permits Unemployment Claims Current Account Housing Starts Philly Fed Manufacturing Index FOMC Economic Projections FOMC Statement Federal Funds Rate FOMC Press Conference RBA Gov Stevens Speaks Monetary Policy Meeting Minutes Core CPI m/m CPI m/m

0.60% -0.35T

0.20% -0.37T

-0.75%

-0.75%

0.20% 1.15M 276K -111B 1.16M 6.1

0.10% 1.13M 275K -113B 1.21M 8.3

<0.50%

<0.25%

0.00% 0.10%


WEEKLY PIVOT POINTS SCRIPT

S2

S1

PIVOT

R1

R2

EUR/USD

1.1040

1.1189

1.1269

1.1418

1.1498

AUD/USD

0.6818

0.6954

0.7029

0.7165

0.7240

USD/CAD

1.3082

1.3172

1.3242

1.3332

1.3402

EUR/GBP

0.7193

0.727

0.7315

0.7392

0.7437

GBP/USD

1.5048

1.5236

1.5357

1.5545

1.5666

NZD/USD

0.6139

0.6228

0.6329

0.6418

0.6519

USD/JPY

117.50

119.06

120.20

121.76

122.90

USD/CHF

0.9579

0.9632

0.9730

0.9783

0.9881


Disclaimer The information contained here was gathered from sources deemed reliable however; no claim is made as to accuracy or content. This does not contain specific recommendations to buy or sell at particular prices or time, nor should any examples presented be deemed as such. There is a risk of loss in Forex and Comex trading and you should carefully consider your financial position before making a trade. This is not, nor is it intended, to be a complete study of chart patterns or technical analysis and should not be deemed as such. The Company does not provide any assurance that such information is accurate or complete and it should not be relied upon as such. Any opinions expressed reflect judgments at this date and are subject to change without notice for use at the sole discretion of the investor without any liability on MakesMoneyEasy. Our Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved.

MakesMoneyEasy Financial Consultant/Advisory Email: info @makesmoneyeasy.com


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