Forex & Oil Trading

Good Morning Traders,

THE FOLLOWING TRADING SIGNALS ARE A ANALYSIS OF GBP/USD, EUR/USD & OIL

EXPECTATIONS FOR TODAY’S TRADING

All times are UK.

Announcement information is taken from http://www.forexfactory.com

High Impact Announcements for Today
09:00 GBP Halifax HPI m/m 0.3% -0.1%
12:00 CAD Employment Change 16.8K 108.7K
12:00 CAD Unemployment Rate 8.1% 8.1%
13:30 CAD Building Permits m/m -1.8% 12.2%
13:30 USD Non-Farm Employment Change 529K 290K
13:30 USD Unemployment Rate 9.8% 9.9%
15:00 CAD Ivey PMI 59.8 58.7

Medium Impact Announcements for Today
Day 1 ALL G20 Meetings
08:40 CHF SNB Chairman Hildebrand Speaks
13:30 USD Average Hourly Earnings m/m 0.1% 0.0%

Trading Chances for Today
GBP/USD

Long @ 1.4650
Take-Profit @ 1.4690-1.4710
Stop-Loss @ 1.4630
Short @ 1.4610
Take-Profit @ 1.4590-1.4575
Stop-Loss @ 1.4630

EUR/USD

EURUSD also lost some strength over night and is now in a mini sideways range.
Long @ 1,2220
Take-Profit @1.2280-1.2300
Stop-Loss @ 1.2175
Short @ 1.2140
Take-Profit @ 1.2100-1.2070
Stop-Loss @ 1.2170

Always take care of your stop management and consider your money and risk to reward ratio. Never over expose yourself.

TRADING TIP OF THE DAY

Anything can happen! You do not need to know what is going to happen next in order to make money.

To Your Trading Success

The Investor Guru