Intraday trading - page 15

 
olivero:

On the euro, a correction is possible...


Looks like the correction is off. Going to 1.2170 without stopping... Imho
 
Weak economic data from Japan and fears over China's recovery caused sentiment to decline, triggering a fall in the euro and a rise in the dollar and yen. Concerns over the European Central Bank's plans to refinance EUR 442bn in a funding programme and the Greek authorities' announcement of their intention to return to the market next month negatively affected the euro.
 
Sostratos FX Daily Strategy: Buy GBPUSD: Entry: 1.50230, Target: 1.51580, Stop Loss: 1.49680
 
Sostratos FX Daily Strategy: Buy EURUSD: Entry: 1.21690, Target: 1.22640, Stop Loss: 1.21340
 

Sostratos FX Intraday Strategy: Sell EURUSD: Entry: 1.22150, Target: 1.21600, Stop Loss: 1.22400

 

Yes euro drew momentum today like in the book. We could correct by 38-50% and continue...


 
Sostratos FX Daily Strategy: Sell EURUSD: Entry: 1.22310, Target: 1.21360, Stop Loss: 1.22710
 
 
Wed
Jun 30
1:01am GBP
GfK Consumer Confidence
-19
-20
-18
1:15am JPY
Manufacturing PMI
53.9

54.7
3:14am AUD
HIA New Home Sales m/m
-6.4%

6.2%
3:30am AUD
Private Sector Credit m/m
0.5%
0.4%
0.3%
3:30am JPY
Average Cash Earnings y/y
-0.2%
0.9%
1.6%
7:00am JPY
Housing Starts y/y
-4.6%
5.1%
0.6%
8:00am GBP
Nationwide HPI m/m
0.1%
0.3%
0.5%
9:55am EUR
German Unemployment Change

-23K
-45K
10:30am GBP
Revised Business Investment q/q

6.1%
6.0%
 
11:00am EUR
CPI Flash Estimate y/y

1.5%
1.6%
11:00am EUR
Italian Prelim CPI m/m

0.2%
0.1%
11:30am CHF
KOF Economic Barometer

2.17
2.16
2:15am USD
ADP Non-Farm Employment Change

59K
55K
2:30pm CAD
GDP m/m

0.2%
0.6%
3:00pm USD
FOMC Member Duke Speaks




3:45pm USD
Chicago PMI

59.1
59.7
4:30pm EUR
ECB President Trichet Speaks




4:30pm USD
Crude Oil Inventories

-0.9M
2.0M