As a trader, I always remind myself that, “It is not whether I am right or wrong that is important, but how much money I make when I am right and how much I lose when I am wrong.”
Latest posts by Alvan Sue (see all)
- Pairs in Focus: AUS/USD & USD/JPY (Weekly Analysis 26Jun – 30Jun) - June 26, 2017
- My Top 5 Trading Habits - June 2, 2017
- Pairs in Focus: EUR/USD, AUD/USD & NZD/USD (Weekly Analysis 8 May – 12 May) - May 7, 2017
Economic Calendar (26 – 30 Jun 2017):
This week will be a challenging week for traders as most of the central bankers will be speaking. I will be paying close attention to what they are saying and probably will not execute long term trades during this period.
There is no release of major economic data from the Austrailian market.
This pair is currently at a support level 0.7560. We might see a possible rebound to 0.7620 level if the US economics data release this week are weak. If not, it can continue the downward move to 0.7500.
There is no release of major economic data from Japan but do note that BOJ Gov Kuroda will be speaking on Wednesday in European Central Bank Forum.
This pair is currently at a resistance level 111.70. We might see a possible rebound to 110.50 level if the US economics data release this week are weak. If not, it can continue the upward move to 112.50.
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