Daily Forex Signal
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Forex
Today we have bunch of news in all session. But i want to focus in 3 news that is important for today event. In asian session, we have Australian news GDP q/q which come out at 9:30 am gmt +8 release by Australian Bureau of Statistics. With the current market sentiment and based on yesterday RBA interest rate cut, sell/short is the best bet. Below is data history for previous month:
Later in London open, we have Services PMI that will be release by CIPS at 16:30 gmt +8. Market is expect data to be lower than previous which is 47.0 forcast and 47.4 for previous data. Below is data history for previous month:
In US session, i like to focus at important news that will be release at 21:00 gmt +8 which is BOC interest rate statement. With the current economic events in canada and previous inflation data, i think Bank of Canada will not cut or raise the current rate which is at 3.00% now. But i will pay close intention in the statement. Below is data history for previous month:
1- Forex signal for aud/usd - Sold @ 0.8390 Status - Close @ 0.8250 +140 pips.
2- Forex signal for aud/jpy - Sold @ 91.20
Status - Close @ 90.00 +120 pips.
3- Forex signal for gbp/usd - Sold @ 1.7820
Status - Close @ 1.7720 +100 pips.
4- Forex signal for gbp/jpy - Sold @ 193.90
Status - Close @ 192.50 +140 pips.
5- Forex signal for usd/cad - Sold @ 1.0685
Status - Close @ 1.0710 -25 pips.
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