Week Aug 15-Aug 20 Market Analysis and what to look out for

Forex prices move before or after key events and data. It is important to know what’s ahead in forex calendar 1-2 weeks later. I have listed some important dates for 15-20 Aug 2016.

This week few events to look for on #forexcalendar 15 Aug -20 Aug
1. #AUD Aug 16 Tue – Australia Monetary policy meeting – #audusd is currently near to strong resistance, likewise, #euraud at strong support. I do not see any change in policy……Read More

Forex Webinar Video – 13 June 2016

– DXY at trapped between support and resistance. From recent price trend, suspect that #usd might strengthen. AGAIN, can only be more sure when it is hours before#FOMC. key level to note: 9350, 9250. If this support broken, then #usd weaken. I’m not sure whether Yellen will raise rate (I’m not her), but I’m afraid volatility might kill. However, at this moment i’m thinking that #usd to strengthenRead More