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. 6.45am – NZD news as expected will be weaker than previous months – I will stay neutral for NZD/USD
2. 7.50am – there are going to be numerous news for Japan and all of them are very important ones – expect the JPY to break the 100 if the news are weak and expect the JPY to go back to its hole at 97.50 or lower – My expectation is above 100 this week – Syria War may drag JPY to 95 as a safe haven – a very tricky pair
3. 9.30am – will be the battle for AUSTRALIA & CHINA news – this good results will carry the AUD to new high as today’s trade news is excellent – Keep an eye on these news and trade with excellent money management to handle to temporary upward drive… Saturday election results can also be a driver for upward drive for this pair….
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