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 Trading Idea - Ppi In Europe, Personal Income And Spending In The Usa - 4th August 2008 |
 Aug 4 2008, 7:03
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#1
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 Mataf's VIP  Group: Admin Posts: 2,567 Joined: 8-September 05 From: France Member No.: 1 Demo/Real: Real Leverage: 1:5  |
Hello,
In the economic calendar today we have some interesting events in Europe (EUR) -Producer price index- and USA (USD) -Personal comsumption index, personal income and presonal spending- Last week the non farm payrolls (NFP) didn't have any effect on EURUSD, today we have an other occasion to break the support.
EUR AUD have broken an important long term resistance.
USD CHF is still in an uptrend with clear support
USD CAD is in a great uprend but near a long term resistance
GBP USD donwtrend with a target @ 1.9600
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Aug 4 2008, 14:14
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#2
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Mataf's VIP Group: Admin Posts: 2,567 Joined: 8-September 05 From: France Member No.: 1 Demo/Real: Real Leverage: 1:5 |
The market is calm today.
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