ForexTicket

Tue, 29 May 2012 09:36:46 +0200

Forex Trade 29 May, German Consumer Price Index

Hello,
today we have some news...

1:00 JPY: Small Business Confidence

1:00 AUD: HIA New Home Sales

6:00 EUR: German Import Price Index

6:00 CHF: UBS Consumption Indicator

12:00 EUR: German Consumer Price Index
The weighted average of prices for a predetermined basket of consumer goods and services. This basket is representative of the goods and services that the average German household purchases. The CPI takes into account the relative importance of each item in the basket and creates a weighted average of the prices. Consumer Prices are compared to previous figures to gauge changes in the cost of living over time. The headline number is released as the percentage change from the previous quarter or year. The German CPI is estimated based on the CPI results from the six German states (Saxony, Baden Wuerttemburg, Brandenburg , North Rhine-West, Bavaria , and Hesse ).
13:00 USD: S&P/Case-Shiller Composite-20

13:00 USD: S&P/Case-Shiller Home Price Index

13:00 USD: S&P/Case-Shiller US Home Price Index

13:00 USD: S&P/CS 20 City

14:00 USD: Consumer Confidence
Assessment of consumer sentiment regarding business conditions, employment and personal income. Based on a representative sample of thousands of mail-in surveys. Consumer Confidence levels are generally linked with consumer spending. For instance, when consumer confidence is on the rise consumer spending tends to increase. Low or falling consumer confidence on the other hand is typically associated with decreased spending and consumer demand.
14:30 USD: Dallas Fed Manufacturing Activity

22:45 NZD: Building Permits

23:15 JPY: Nomura/JMMA Manufacturing Purchasing Manager Index

And some trades:

Posted Image EUR/AUD - Euro / Australian dollar
Entry: 1.2705
Stop: 1.2735
Resistances: 1.278 - 1.276 - 1.271
Supports: 1.263 - 1.265 - 1.269

Posted Image EUR/CAD - Euro / Canadian Dollar
Entry: 1.283
Stop: 1.285
Resistances: 1.292 - 1.2875 - 1.285
Supports: 1.277 - 1.2785 - 1.281

Posted Image EUR/USD - Euro / US Dollar
Resistances: 1.2675 - 1.261 - 1.257
Supports: 1.24 - 1.246 - 1.2505

Posted Image USD/JPY - US Dollar / Yen
Resistances: 80.15 - 79.8 - 79.6
Supports: 79 - 79.2 - 79.3

Posted Image GBP/USD - British Pound / US Dollar
Resistances: 1.5775 - 1.574 - 1.5715
Supports: 1.5635 - 1.5655 - 1.5675

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