al_dcdemo's Blog

Avatar

EURo squeezes higher

Short squeeze in thin liquidity continues as EUR/USD has just popped above Weekly Pivot Point at 1.0903, but is now pulling back through broken Daily Resistance 3. Daily range is currently 150 pips in what appears to be some profit taking / position squaring ahead of tomorrow's Good Friday holiday and NFP.
BTW: Good luck to all participants and happy trading in this month's contest!
Read full story
Translate to English Show original
orto leave comments
Avatar

Week ahead

In the week ahead we have month-end, quarter-end and in Japan also fiscal-year-end, plus Good Friday holiday. With quite heavy calendar to boot, that promises lively action with a lot of volatility.
List of potential high impact events (times GMT+1):
30.03.2015 ---------- ALLDAY ------ EUR ---------- German Prelim CPI m/m
30.03.2015 ---------- 16:00 ---------- USD ---------- Pending Home Sales m/m
31.03.2015 ---------- 02:00 ---------- NZD ---------- ANZ Business Confidence
31.03.2015 ----------…
Read full story
Translate to English Show original
orto leave comments