AceTrader Oct 6: Daily Recommendations on Major -EUR/USD

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Hong Kong 02:19:05 GMT - 10/06/2016
Update Time: 06 Oct 2016 01:36 GMT

EUR/USD - 1.1204
Despite yesterday's retreat from 1.1233 (Europe) to 1.1190 in New York after upbeat U.S. ISM services data, as euro's early rally from 1.1138 to as high as 1.1239 on Tuesday suggests recent decline from 1.1279 has made a low there, consolidation with mild upside bias remains ahead of Friday's key U.S. jobs data.
As long as 1.1153/58 holds, gain towards 1.1250 is still envisaged.

A daily close below 1.1153 would shift risk to the downside for weakness towards September's bottom at 1.1121.

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GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Mon 27 May 2019
AAGB/US- Holiday
Tue 28 May 2019
A 14:00 US- Consumer Confidence
C 13:00 US- Case-Shiller
Wed 29 May 2019
A 08:55 DE- Employment
AA 18:00 US- BOC Decision
A 18:30 US- EIA Crude
Thu 30 Mar 2019
AAEZ/CH- Holiday
A 12:30 US- Weekly Jobless
Fri 31 Mar 2019
AA 10:00 EZ- Flash HICP
A 12:30 US- Personal Income, Spending, Deflator
AA 14:00 US- Final Univ of Michigan

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