Trading the Monday afternoon news...9/9/2013

The following is a post courtesy of Traderence Holdings Pte Ltd. (*Traderence Holdings Pte Ltd is an academy that is reputed across Asia & the Middle East, with branch offices in Malaysia, Singapore, Indonesia - Jakarta, Bali & Surabaya, Israel, and soon to be Phillipines and Japan, among other countries that are coming up. Source : www.traderence.com) 

1. 1.00pm – In the afternoon will give a clear picture of Japan consumer confidence – with Japanese winning the 2020 Summer Olympics yesterday – USD/JPY will have a another pullback lower and than the rise will never stop till next year June 2014
2. 1.45pm – will be the first aggressive move of the EUR & CHF when the unemployment rate results are announced – for sure is going to be weak and will drag EUR/USD down and USD/CHF upward
3. 3.15pm – Once again the CHF will move weaker as the currency have been too strong for business
4. 4.30pm – will conclude EUR with a clear direction to fight the downward momentum – will be a good start for trading
5. 8.30pm – Will be beginning of the USD & CAD – good to watch and trade with a clear direction

For more: “Think Fundamental & Trade Technical” is available at our member section…have fun trading and don’t try to be rich quickly,,,”Rome was not built overnight”

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