Presidents Day schedule 2019
Dear Trader, Please find our updated Trading schedule and general information […]
Thursday 14th February: The greenback preserves gains above 97.00, weighing on trading peers.
A blend of reasonably encouraging US macroeconomic data along with second-rate European and British numbers, specifically UK inflation, weighed on the single currency.
Wednesday 13th February: UK inflation figures to potentially weigh on sterling further.
The EUR/USD dipped its toe into bullish territory Tuesday, staging a modest rebound off H4 support at 1.1271 and recapturing the 1.13 handle. Shattering a six-day losing streak, the pair took advantage of broad-based USD weakness.
Tuesday 12th February: Fed Chair Powell takes center stage today – remain cautious around this time.
Despite limited macroeconomic presence out of both Europe and the US, demand for the greenback intensified Monday.
Monday 11th February: Weekly technical outlook and review
Boasting historical significance as far back as early February 2015 and capping upside action since late October 2018, long standing support/resistance at 1.1465, once again, contained upside last week
Friday 8th February: Canadian job’s figures eyed in early US today – remain vigilant around this time
H4 timeframe reveals price established support off 1.29, despite an aggressive whipsaw to session lows at 1.2854 mid-ways through London Thursday, post BoE announcement.
Lunar New Year Holiday Schedule 2019
Updated trading schedule and general information related to the Lunar New Year Holiday
Friday 1st February: Greenback preserves gains above 95.50 ahead of today’s NFP report
ECB's Weidmann comments regarding poor German growth figures and several years until ECB's normalization, the H4 candles clocked session lows of 1.1435.
Thursday 31st January: US dollar under pressure; reclaims 95.30 to the downside on dovish FOMC.
On the much awaited FOMC rate decision holding pat in recent hours, dovish tweaks in the latest FOMC statement and Fed’s Powell stance shifting more dovish, the greenback fell sharply, printing fresh lows at 95.25.
