A snapshot view of last week's money flow and technical notes for the week ahead.
KEY EVENTS THIS WEEK:
AUD: RBA Stevens speaks; RBA Financial Stability Review
CAD: Core Retail Sales m/m;
CNY: HSBC Flash Manufacturing PMI;
EUR: ECB Draghi Speaks; Flash Manufacturing and Services PMI for FRA and GER
GBP: BBA Mortgage Approvals
JPY: Tokyo Core CPI
NZD: Trade Balance
USD: New Home Sales; Core Durables; FOMC members speak
FOREX:
DXY W1 and D1 bullish but approaching potential resistance around 85
AUDUSD W1 and D1 bearish; D1 Targeting 0.889 and 0.88 below 90c
EURUSD W1 and D1 bearish; Targeting 1.25 below 1.30
GBPUSD W1 380 pip range yet closed within 8 pips of open; Neutral
USDCAD D1 bullish above 1.09
USDCHF D1 is becoming volatile at the highs to suggests topping pattern may occur
USDJPY Targeting 110 and 110.50 above 106.80
NZDUSD W1 Rikshaw Man Doji above 200 week MA warns of correction
GOLD Targeting 1180 below $1240
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