by Henry Liu on April 8, 2012
All major market moving events last week were from the U.S., starting with FOMC Minutes on Tuesday which shattered market’s expectation for another round of QE, followed by a NFP release figure that was much lower than even the most bearish analyst’s forecast… as a matter of fact, because of this release, speculation for QE3 is once again alive. Here’s the detail of the release:
March Nonfarm Payroll: 120K versus 205KE
March Private Payroll: 121K versus 215KE
March Manufacturing Payroll: 37K versus 20KE
Birth-Death Adjustment: +90K
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by Henry Liu on April 5, 2012
We´ll be trading the US NFP (Nonfarm Payroll) Employment Change, it is the focus news release for the week. Here´s the forecast:
8:30am (NY Time) US NF Employment Forecast 205K Previous 227K
8:30am (NY Time) US Unemployment Rate Forecast 8.3% Previous 8.3%
ACTION: 275K SELL EURUSD / 135K BUY EURUSD
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by Henry Liu on April 4, 2012
We´ll be getting the Canadian Employment Change release number tomorrow, here is the forecast:
7:00am (NY Time) CAD Employment Change Forecast 15K Previous 2.3k
Unemployment Rate 7.6%
ACTION: EURCAD SELL 50K / BUY USDCAD -5K
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by Henry Liu on April 3, 2012
ADP or Automatic Data Processing (NASDAQ:ADP) is releasing it´s own estimate for the private sectors of NFP (Nonfarm Payroll). This is a high impact release and it´s followed by currency traders as they look for hints on Friday´s NFP official release. Here´s the forecast:
8:15am NY Time US ADP NFP Change Forecast 205K Previous 216K
ACTION: 260K BUY USDJPY/ 150K SELL USDJPY
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by Henry Liu on March 9, 2012
We´ll be trading the US NFP (Nonfarm Payroll) Employment Change, it is the focus news release for the week. Here´s the forecast:
8:30am (NY Time) US NF Employment Forecast 210K Previous 243K
8:30am (NY Time) US Unemployment Rate Forecast 8.3% Previous 8.3%
ACTION: 280K SELL AUDUSD / 140K BUY EURUSD
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by Henry Liu on March 9, 2012
We´ll be getting the Canadian Employment Change release number tomorrow, here is the forecast:
7:00am (NY Time) CAD Employment Change Forecast 15K Previous 2.3k
Unemployment Rate 7.6%
ACTION: EURCAD SELL 50K / BUY USDCAD -5K
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by Henry Liu on February 2, 2012
We´ll be getting the Canadian Employment Change release number tomorrow, here is the forecast:
7:00am (NY Time) CAD Employment Change Forecast 24K Previous 17.5k
Unemployment Rate 7.5%
ACTION: EURCAD SELL 50K / BUY USDCAD -5K
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Forex Market Review and Upcoming Forex Calendar (May 14 ~ 18, 2012)
Forex Trading Strategies #3 – The Correct Trend
Forex Trading Strategies #4 – Support and Resistance
US FOMC Meeting Minutes – May 16, 2012 – Forex Strategy
Forex Trading Strategies #5 – Market Psychology
Forex Trading Strategies #2 – The Right Timing
US Core CPI – May 15, 2012 – Forex Strategy
Forex Trading Strategies #1 – The Real Reason