” A rebound in battered Chinese stock markets on Monday helped lift Asian equities, which also drew support from earnings-led gains on Wall Street in a welcome relief for investors grappling with an intensifying Sino-U.S. trade conflict.
Spreadbetters expected European stocks to open slightly higher, with Britain’s rising 0.1 percent, Germany’s advancing 0.15 percent and France’s adding 0.13 percent.
MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.35 percent.
The rose 1.4 percent as investors snapped up shares that were hit hard during a four-day losing run.
Chinese equities were expected to remain volatile as Beijing’s trade feud with Washington showed little signs of de-escalation. ”
I don’t think that that the Asian session will be too active, but the speech of Carney can move the GBP. The other big speech will be Powell’s this afternoon (EU time), so I’ll try to close all trades before his speech.
PAIRS TO CHECK
The CHF pairs will probably turn on Tuesday. The CHF is overbought and many CHF pairs shows reversal.
EUR and USD. In the last days the EUR gained the USD felt. We have to check the news and the charts, because the reversal is near. EURUSD will probably provide the biggest movement if the reversal starts.
USDCHF is my third pick. Another good combination of the oversold and overbought pairs.
Next week will start with a calm morning, but the US session will be a little more active because of the Sales data.
My prediction about trading on Monday is simple. The USD will probably fall like the GBP. We have to check the GBP pairs for reversals and some of the USD’s will be good for trading like NZDUSD was on Friday afternoon.
PAIRS TO CHECK
There are two pairs, that probably will be confirmed on Monday morning.
AUDNZD will be a nice trade. Those insiders who saw my trades last week, saw that I made nice profit when AUDNZD turned up. We’ll do the same soon with the down movement.
I wrote about the falling USD and GBP. If the USD will fall on Monday, probably the EUR will become stronger, and if the GBP will be weaker, the EURGBP will boost 300-700 points before the US session.
I won’t create the new account for the $100 to $1,000,000 project this weekend, so I’ll share the trades here.
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The tradeing day will start with some Japanese numbers. I am waiting for weaker JPY on Monday, and the expectation is negative to the economy datas, that can help.
The US session is about speeches. Some FOMC member’s speeches will able to generate movements and ECB’s Mario Draghi speech can also make bigger movements.
PAIRS TO CHECK
AUDJPY is one of the JPY pairs I will check on monday. AUD will be one of the best pairs for tomorrow.
CHFJPY is already a confirmed trade for us. We’ll see, maybe this will be first trade on Monday.
USDCHF will be a very good trade, based on technicals and on fundamentals too. The USD will probably fall on Monday and that will help me to earn nice income.
GO TO HTTPS://HUNDREDTOMILLION.COM TO SEE THE TRADES I WILL SET TOMORROW!
“British retail sales jumped for a second month in a row in May, far outstripping expectations as a royal wedding and warm weather helped shoppers put a winter slump further behind them, data showed on Thursday.
The figures pushed up the value of sterling as investors took them as a sign that the economy was recovering from a sharp slowdown in the wintry start to 2018 which put the Bank of England off an interest rate hike.
Retail sales volumes rose by more than all forecasts by economists in a Reuters poll, jumping by 1.3 percent in monthly terms and following an upwardly revised 1.8 percent bounce-back in April, the Office for National Statistics said.”
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The Australian Employment Change can be the first market mover of this day, but not the most important. Investors will wait for the European Central Bank’s Interest Rate Decision and the Press Conference after it. The important US Sales news will be published when the ECB Press Conference will start, so I don’t think that we have to check these news. 99% that these datas will not move the market, the speech will do it. The EUR’s movement will push or pull the other currencies to a random direction.
PAIRS TO CHECK
I have 2 AUD pairs to check. This is the easiest one, because if it confirms, it will probably reach profit without any problem.
The 2nd one, the EURAUD is not that easy. If it won’t be closed before the ECB decision, it will probably go to the other direction (my bet is a positive EUR after the decision and the press conference).
So be carefull and check the new trades on HundredToMillion.com.
Maybe you missed these posts! Check them now!
The main political happening that we are waiting for is the Trump-Kim summit. I will probably share some infos about it… The most importan economy datas will come from Great Britain, but we also have to be careful…
“U.S. President Donald Trump described his meeting with North Korea’s leader Kim Jong Un as “honest, direct and productive” after North Korea pledged to work towards complete denuclearization. “We are ready to start a new history, to begin a new…
Yesterday we closed a nice trading day. We closed many nice trades. Not just my strategy worked fine, but the EA also made profit. You can see my trades on the TRADES posts. The best ones were the EURCAD and…
Another JPY pair confirmed. Come back to see the updates! 🏆🏆🏆 AUDJPY TRADE CLOSED @ 83.671 💰💰💰 20 PIPS EARNED 🤑🤑🤑😂😂😂
All accounts made profit but this Tuesday was not good for all strategies. THE ANALYST This account was one of the “looser” of the day. The profit was real low, because the market moved the other direction, so we had…
We closed a nice day on Tuesday too. The $144 profit is very nice for a day. The EA closed nice profit with new trades, but the old AUDUSD line still didn’t solved. Maybe today… The Equity is very safe, safer than in the trading weeks. I don’t have to write too much about the […]
AND FINALLY CHECK THE RESULTS OF THE RUNNING FOREX PROJECTS OF DAILYPROFIT4LIFE!
“The dollar and the euro were little changed in rangebound trade on Wednesday as traders awaited a Federal Reserve policy announcement later in the day and looked ahead to Thursday’s European Central Bank meeting.
The , which measures the greenback’s strength against a basket of six major currencies, was trading at 93.88 by 03:46 AM ET (07:46 AM GMT), little changed for the day after rising 0.29%.
The Fed is widely expected to for the second time this year at the conclusion of its policy setting meeting later in the day. ”
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The main economy numbers tomorrow will be the CPI of Great Britain, and the US PPI. But the most important news will be the FOMC statement, the Interest Rate Decision and the speech – Press Conference – after it.
This can move the market, so I will not trade during the US session, only after the Press Conference.
PAIRS TO CHECK
I just set 3 new trades, so I will not check any chart tomorrow. I will try to close all the trades and I will stop my Expert Advisor in the morning too…
Visit https://hundredtomillion.com to see my new trades.
“U.S. monthly consumer inflation rose moderately in May as gasoline price increases slowed, suggesting the Federal Reserve could continue to gradually raise interest rates this year.
The Labor Department’s inflation report was published ahead of the start of the Fed’s two-day policy meeting on Tuesday. Steadily rising inflation and a tightening labor market are seen encouraging the U.S. central bank to hike rates for a second time this year on Wednesday.
“Neither too hot nor too cold,” said Michael Feroli, an economist at JPMorgan (NYSE:) in New York. “As such, today’s news won’t change the terms of the inflation debate, and is likely to do little to stir the pot at the Fed meeting.”
The Consumer Price Index increased 0.2 percent last month, also as food prices were unchanged. That followed a similar gain in the CPI in April. In the 12 months through May, the CPI accelerated 2.8 percent, the biggest advance since February 2012, after rising 2.5 percent in April.”