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
Forecast
We´ll be getting the Retail Sales figure out of New Zealand today, since Retail Sales is a direct reflection of the economy, this release is considered as an high impact release… Here´s the forecast:
6:45pm (NY Time) NZ Retail Sales Forecast 0.7% Previous 0.7%
ACTION: NZD/USD BUY 1.2% SELL 0.2%
We’ll be getting the Retail Sales figure out of New Zealand today, since Retail Sales is a direct reflection of the economy, this release is considered as an high impact release… Here’s the forecast:
4:45pm (NY Time) NZ Retail Sales Forecast 1.3% Previous -2.5%
ACTION: NZD/USD BUY 2.0% SELL 0.6%
We’ll be getting the Retail Sales figure out of New Zealand today, since Retail Sales is a direct reflection of the economy, this release is considered as an high impact release… Here’s the forecast:
6:45pm (NY Time) NZ Retail Sales Forecast 0.0% Previous 0.9%
ACTION: NZD/USD BUY 0.6% SELL -0.6%
ADP or Automatic Data Processing (NASDAQ:ADP) is releasing it’s own estimate for the private sectors of NFP (Nonfarm Payroll). This is 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 20K Previous 42K
ACTION: USD/JPY BUY 70K SELL -30K
We’ll be getting the Retail Sales figure out of New Zealand today, since Retail Sales is a direct reflection of the economy, this release is considered as an high impact release… Here’s the forecast:
6:45pm (NY Time) NZ Retail Sales Forecast 0.5% Previous 0.4%
ACTION: NZD/USD BUY 1.1% SELL -0.1%
ADP or Automatic Data Processing (NASDAQ:ADP) is releasing it’s own estimate for the private sectors of NFP (Nonfarm Payroll). This is 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 38K Previous 13K
ACTION: USD/JPY BUY 90K SELL -10K
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