Forex strategy

Hello traders,

Monday - Us was closed

Today:
GBP -CPI and RETAIL PRICE INDEX
EUR - ZEW INDEX
USD - EMPIRE MANUFACTURING
CAD - BOC RATE DECISION
NZD - CPI

EUR-USD - as i wrote in my last post, support at 1,2865-75 holds, but still in my opinion while below 1,3000-30 basis on daily close bigger chances for bears for move twds 1,2740. Inflation raports will dominate this weeek, but still expect that usd could be stronger this week.

Strategy: If You are not short yet, wait for ZEW index, if will be better than market expect wait for 25-30 pips move up then short with tight sl or if ZEW will be worst will take short at market.


USD-CAD - BOC rate decision today. No change is wide expect. Propably clear direction after this decision ( but first 15 minutes high volitality ). Bull propably will try to take 1,1800 level formove towds 1,1830-50 and 1,20 in a days ahead.

Strategy: if rate will no change, buy at 1,1640 add at 1,1580 put sl below 1,1575 for move twds psychological barier 1,2000


good luck
Piotr