FOMC Minutes went as expected.. March Rate Hike is not on the table.. Eur Usd 2 also hold this high level..? I think so.
Next week..USD News Expectations are HORRIBLE
an update on 1 hour chart.. it bounced off orange bar.. its a good support level on the hourly chart
things 2 look at -- see if French Flas Manufacturing PMI has been inclining ever soo much towards 50.- marck since Mid 2014, see if it goes above. See if German Flash Manufacturing PMI doesnt goo below 51.5 . German Falh Services PMI has been doing fine. no dramatic decline will be fine. A minor setbac in Flash Manufacturing PMI wont throw Euro off. *** German Ifo Business cannot be below 105.7.. US Consumer confidence.. below anything below 94.6 shows a possible down turn in consumer confidence.. see if unemployment dramatically spikes..US Gdp slowing down wont help.. trade balance results can make things eiffy or push USD further in a direction
if German Ifo Business Climate doesn't come out strong.. id get out.. Next week's news expectations for USD looks phenomenal.
Komen:http://www.tradingeconomics.com/calendar this is a new site im looking at.. it proves news expectations like a month ahead