Market Brief / 05 - 01 - 2018
Honoring Me With Your Up Vote...
EUR/USD pivot is at 1.2040, above 1.2040 look for 1.2115. Below 1.2040 look for further downside with 1.1950 as target. All eyes are on the Non-Farm Payrolls today later.
On the data slate there’s German Retail Sales; Switzerland Foreign Currency Reserves; Euro-Zone CPI; Euro-Zone PPI; US Labour Force Participation Rate; US Average Hourly Earnings; US Unemployment Rate; US Average Weekly Hours; US Non- Farm Payrolls; US Trade Balance; US ISM Non-Manufacturing PMI; US Factory Orders; US FOMC Member Harker Speech; US FOMC Mester Speech; US Baker Hughes US Oil Rig Count and UK MPC Member Haldane Speech.
SELL EUR/USD @ 1.2085 OR BETTER – STOP @ 1.2130 – TARGET @ 1.1950
SELL GBP/USD @ 1.3560 OR BETTER – STOP @ 1.3600 – TARGET @ 1.3465
BUY USD/JPY @ 112.50 OR BETTER – STOP @ 112.00 – TARGET @ 113.20
SELL CL0218 @ 62.00 OR BETTER – STOP @ 62.50 – TARGET @ 59.90
SELL AUD/USD @ 0.7850 OR BETTER – STOP @ 0.7890 – TARGET @ 0.7765
SELL XAU @ 1322 OR BETTER – STOP @ 1326 – TARGET @ 1298
SELL XAG @ 17.15 OR BETTER – STOP @ 17.50 – TARGET @ 16.65
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This post has received a 3.12 % upvote from @booster thanks to: @lordoftruth.