Tuesday Forex Signals – Going Nowhere Fast
Signal posted on Tuesday, June 18th, 2013 @ 9:02 am GMT/UTC
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Registration will open late today! Stay tuned! Check out yesterday’s signal for more details.
General Market Commentary: Markets consolidated for the better part of the day yesterday, fluctuating just enough to trigger two of our trades.
Yesterday’s EURUSD Signal Result: Our long was triggered on the 1.3369 resistance break yesterday and quickly came under attack by the bears, coming within a few pips of hitting our SL on the 04:00 dip. That trade is still open and currently sitting at 13 pips profit at the time of this writing.
Today’s Signal: We will keep that long open with our original TP and SL. We remain bullish on the pair and if we weren’t already long we would be looking for reasons to get long on the pair.
Today’s Important News Events:
| Date | Time (UTC) | Event | Forecast | Previous |
|---|---|---|---|---|
| Tue Jun 18 |
08:30 | GBP Consumer Price Index (YoY) (MAY) | 2.6% | 2.4% |
| 08:30 | GBP Core Consumer Price Index (YoY) (MAY) | 2.1% | 2.0% | |
| 09:00 | EUR German ZEW Survey (Economic Sentiment) (JUN) | 38.1 | 36.4 | |
| 12:30 | USD Consumer Price Index (YoY) (MAY) | 1.4% | 1.1% | |
| 12:30 | USD Consumer Price Index Ex Food & Energy (YoY) (MAY) | 1.7% | 1.7% | |
| *To see a more extensive list of news events (not just those we consider important), visit our Forex Calendar. | ||||
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