The Week after CHF tsunami, might be the Euro tsunami Week!

19 January 2015, 12:00
Andrius Kulvinskas
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Tuesday, Jan 20
CNY    Gross Domestic Product (YoY) (Q4) expected to decrease 0.1% which might give strength for the US Dollar.
EUR    ZEW Survey - Economic Sentiment (Jan) expected to increase 5.1% & in case the number came in green EURUSD might advance to retest 1.18 resis.
NZD    Consumer Price Index (YoY) (Q4) expected to decrease 0.1% & in case the number came in green NZDUSD might retest 0.8000

Wednesday, Jan 21
JPY    BoJ Press Conference might give us hints what next on USDJPY chart where 120.00 resis still till now hard to reach in 2015
GBP    BOE MPC Vote Cut on that day GBPUSD might retest deep levels close to 1.50 as GBPUSD is only 130 pips on Monday far from that support.
CAD    BoC Interest Rate Decision USDCAD price next to 1.20 psycho level and this decision might give USDCAD the push down needed to start correcting.


Thursday, Jan 22
EUR    ECB Interest Rate Decision (Jan 22) might create a tsunami on our charts similar to CHF tsunami last week & EURUSD started the week with a bullish sentiment trying to jump above 1.160 resis. 

Friday, Jan 23
CAD    Consumer Price Index (YoY) (Dec) In case USDCAD didn't correct on Wed in case the number came in green it might give USDCAD the push needed to start correcting.

Sunday, Jan 25

EUR   Greek Parliamentary Election an event which might create a gap on next Monday opening, best to close all traders before the current week end.