Time
|
Currency
|
Impact
|
Particular
|
Forecast
|
Previous
|
|
|
|
|
|
|
|
|
Wed
Apr 15
|
4:15am
|
NZD
|
|
FPI m/m
|
|
-0.70%
|
|
6:00am
|
AUD
|
|
Westpac Consumer Sentiment
|
|
-1.20%
|
|
7:30am
|
CNY
|
High
|
GDP q/y
|
7.00%
|
7.30%
|
|
|
CNY
|
High
|
Industrial Production y/y
|
6.90%
|
6.80%
|
|
|
CNY
|
|
Fixed Asset Investment ytd/y
|
13.80%
|
13.90%
|
|
|
CNY
|
|
NBS Press Conference
|
|
|
|
|
CNY
|
|
Retail Sales y/y
|
10.90%
|
10.70%
|
|
10:00am
|
JPY
|
|
Revised Industrial Production
m/m
|
-3.30%
|
-3.40%
|
|
11:30am
|
EUR
|
|
German Final CPI m/m
|
0.50%
|
0.50%
|
|
12:15pm
|
EUR
|
|
French CPI m/m
|
0.70%
|
0.70%
|
|
Jan Data
|
EUR
|
|
Trade Balance
|
21.9B
|
23.3B
|
|
2:30pm
|
EUR
|
|
Trade Balance
|
21.2B
|
|
|
Tentative
|
EUR
|
|
German 10-y Bond Auction
|
|
0.25|2.4
|
|
5:15pm
|
EUR
|
High
|
Minimum Bid Rate
|
0.05%
|
0.05%
|
|
6:00pm
|
CAD
|
High
|
Manufacturing Sales m/m
|
0.00%
|
-1.70%
|
|
|
EUR
|
High
|
ECB Press Conference
|
|
|
|
|
USD
|
|
Empire State Manufacturing
Index
|
7.2
|
6.9
|
|
6:45pm
|
USD
|
|
Capacity Utilization Rate
|
78.70%
|
78.90%
|
|
|
USD
|
|
Industrial Production m/m
|
-0.30%
|
0.10%
|
|
7:00pm
|
GBP
|
|
CB Leading Index m/m
|
|
0.20%
|
|
7:30pm
|
CAD
|
High
|
BOC Monetary Policy Report
|
|
|
|
|
CAD
|
High
|
BOC Rate Statement
|
|
|
|
|
CAD
|
High
|
Overnight Rate
|
0.75%
|
0.75%
|
|
|
USD
|
|
NAHB Housing Market Index
|
55
|
53
|
|
8:00pm
|
USD
|
|
Crude Oil Inventories
|
3.5M
|
10.9M
|
|
Tentative
|
NZD
|
High
|
GDT Price Index
|
|
-10.80%
|
|
8:45pm
|
CAD
|
High
|
BOC Press Conference
|
|
|
|
11:30pm
|
USD
|
|
Beige Book
|
|
|
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EURUSD:
The EURUSD initially fell slightly during the session on yesterday, but found the area near 1.05 as supportive. We ended up bouncing drastically from there with the release of US Core Retail Sales data , but found the 1.07 level above as resistance. We believe that rallies will continue to be sold every time they appear, as the Euro continues to suffer and the US dollar continues to be the favored currency around the world, and as a result this pair should continue to break down over the longer term and head to the parity level given enough time.
EURUSD CHART TODAY |
GBPUSD:
The GBPUSD initially fell during the course of the session on yesterday, testing the 1.46 level for support. With this, the market turned back around and Rose all the way to the 1.48 level. This was an area that was supportive previously, so we now recognize that it should be resistive. There is a significant amount of resistance between the 1.48 level and the 1.50 level above. Also, if we can get below the 1.45 level, we should then head to the 1.40 level given enough time.
GBPUSD CHART TODAY |
AUDUSD:
The AUDUSD fell initially during the course of the session on yesterday, testing the 0.7550 level. We turned back around to form a hammer, and a break above there would have this market looking for the 0.77 level. We are looking for some type of resistant candle in order to start selling, as the 0.75 level below is the target. If we can break below there, the market should then head to the 0.70 level.
AUDUSD CHART TODAY |
NZDUSD
The NZDUSD initially fell during the course of the session on yesterday, and then went much higher with the release of the US Core Retail Sales data and tested the 0.7550 level, but fell back a little bit.We feel that this market will continue to consolidate, but it’s only a matter of time before we break down and head towards the 0.72 level. Below there, we would anticipate this market to go to the 0.70 level. Even if we rally from here, we will wait for some type of resistive candle in order to start selling it.
NZDUSD CHART TODAY |
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