Forecast on 06/03/2019 – EUR has been bearish below 1.13000

NY Market

  • USD/JPY has been raised up to 112.13 due to positive economic come out and EUR sell. It’s a rate marked on Dec 20, 2018, afterwards, pulled back down to 111.85 – 90 and closed yesterday.
  • EUR/USD continues to be bearish down to 1.1290 due to US economic news.
  • Stock market once bought after positive economic news, however, sold at the end of a day yesterday. NY DOW also becoming bearish, negative $13.
  • Credit is in a range with small volatility. Long Term interest rate also hovers a rate at 2.72%.
  • Gold has been weak and bearish for 7 constant days. Crude negative also.

Rates

USD/JPY: 111.79 – 112.13

EUR/USD: 1.1290 – 1.1335

EUR/JPY: 126.36 – 126.82

NY DOW: -113.02 –> 25,806.63 USD

GOLD: -2.80 –> 1,284.70 USD

WTI: -0.03 –> 56.56 USD

US 10y Treasury: -0.004 –> 2.719%

Remarkable Orders

Open Positions (Unredeemed Positions – possible bullish/bearish)

USD/JPY: Open Long positions at 111.950, Open Short positions at 111.800

EUR/USD: Open Long positions at 1.13050, Open Short positions at 1.12900

Open Orders (Unredeemed Orders – possible support/resistance)

USD/JPY: Open Buy orders at 111.650, Open Sell orders at 112.250

EUR/USD: Open Buy orders at 1.13500, Open Sell orders at 1.12850

Today’s Economic  Events

  • AUD

0:30 GMT: Gross Domestic Product (QoQ Q4)

  • GBP

12:15 GMT: BoE’s Cunliffe Speech

  • USD

13:15 GMT: ADP Employment Change (Feb)

13:30 GMT: Trade Balance (Dec)

15:00 GMT: Factory Orders (MoM Jan)

15:00 GMT: New Home Sales (MoM Jan)

17:00 GMT: Fed’s Williams Speech

19:00 GMT: Fed’s Beige Book

  • CAD

15:00 GMT: BoC Rate Statement

15:00 GMT: BoC Interest Rate Decision

  • EUR

08:15 GMT: Markit Services PMI (Feb)

09:00 GMT: Markit PMI Composite (Feb)

10:00 GMT: Retail Services (MoM, YoY Jan)

  • GBP

17:30 GMT: BoE’s Saunder’s Speech