HELLO DEAR TRADERS,
A WARM WELCOME TO FIRST DAY OF THIS SENSATIONAL WEEK HAVING ALL THE FUNDAMENTAL NEWS NEED FOR THE EURUSD. IN THE ASIAN SESSION MARKET RISES FROM THE OPEN TO 1.0580 LEVELS WITH THE EURO ZONE NEWS COMING OUT AS POSITIVE PRICE IS LIKELY TO BE IN THE CORRECTIVE ZONE FOR TODAY & A BREAK BELOW 1.05180 WILL PUSH THE PRICE DOWN TO 1.04310 A LONG AWAITED TARGET EXTENDING ITSELF TO 1.03420 TO COMPLETE ITS THIRD WAVE & A POSSIBLE RETRACEMENT TO 1.0500 LEVELS WOULD TRIGGER TO 1.0150 LEVELS SOUTHWARDS.
NEW'S FOR THIS WEEK COULD POSSIBLY DECIDE THE FUTURE TREND LIKE DURABLE GOODS ORDER,TRUMP'S SPEECH TO THE CONGRESS,ISM MANUFACTURING PMI,FED'S BEIGE BOOK,FED'S YELLEN SPEECH.THESE ARE HIGH VOLATILITY NEWS & SHOULD BE WATCHED CAREFULLY. THE US DATA & ECONOMY BOTH ARE CURRENTLY STRONG,DOMINATING THE EURO ZONE.MOST OF THE NEWS COULD BE POSITIVE FOR THE DOLLAR.MAJOR CONTROVERSIES OVER FRENCH ELECTION CAN HAPPEN SOONER OR LATER IN APRIL OR MAY 2017 WITH MARINE LE PEN LEADING THE RACE & A POSSIBLE MOVE FOR FRANCE TO EXIT THE EUROPEAN UNION.THIS MAY LEAD TO FREXIT & THE EURO COULD LOSE ITS GROUND AGAINST THE US DOLLAR.
REGARDS,
GROWING FOREX.
A WARM WELCOME TO FIRST DAY OF THIS SENSATIONAL WEEK HAVING ALL THE FUNDAMENTAL NEWS NEED FOR THE EURUSD. IN THE ASIAN SESSION MARKET RISES FROM THE OPEN TO 1.0580 LEVELS WITH THE EURO ZONE NEWS COMING OUT AS POSITIVE PRICE IS LIKELY TO BE IN THE CORRECTIVE ZONE FOR TODAY & A BREAK BELOW 1.05180 WILL PUSH THE PRICE DOWN TO 1.04310 A LONG AWAITED TARGET EXTENDING ITSELF TO 1.03420 TO COMPLETE ITS THIRD WAVE & A POSSIBLE RETRACEMENT TO 1.0500 LEVELS WOULD TRIGGER TO 1.0150 LEVELS SOUTHWARDS.
NEW'S FOR THIS WEEK COULD POSSIBLY DECIDE THE FUTURE TREND LIKE DURABLE GOODS ORDER,TRUMP'S SPEECH TO THE CONGRESS,ISM MANUFACTURING PMI,FED'S BEIGE BOOK,FED'S YELLEN SPEECH.THESE ARE HIGH VOLATILITY NEWS & SHOULD BE WATCHED CAREFULLY. THE US DATA & ECONOMY BOTH ARE CURRENTLY STRONG,DOMINATING THE EURO ZONE.MOST OF THE NEWS COULD BE POSITIVE FOR THE DOLLAR.MAJOR CONTROVERSIES OVER FRENCH ELECTION CAN HAPPEN SOONER OR LATER IN APRIL OR MAY 2017 WITH MARINE LE PEN LEADING THE RACE & A POSSIBLE MOVE FOR FRANCE TO EXIT THE EUROPEAN UNION.THIS MAY LEAD TO FREXIT & THE EURO COULD LOSE ITS GROUND AGAINST THE US DOLLAR.
REGARDS,
GROWING FOREX.
