US
UK
Chinese
Japanese
Hong Kong
Australia
Spanish
Deutsch
Portuguese
Korean
French
Russian
Recap: Our SL at 2533 did the trick as our short from Tuesday Our short from Tuesday got 75 pips into the profit - just missing our 80 pip target. We are closing out at current price (1.2430) for 53 pips profit.
We are still technically bearish on the pair as it continues to make lower lows (downtrend) after the double failure at 1.2750 in mid-June.
Today's Important News Events:
| Date | Time (UTC) | Event | Forecast | Previous |
|---|---|---|---|---|
| Thu Jun 28 |
07:55 | EUR German June Unemployment Data Released by Federal Labor Agency (MAY) | ||
| 07:55 | EUR German Unemployment Change (JUN) | 3K | 1K | |
| 08:30 | GBP Gross Domestic Product (QoQ) (1Q F) | -0.3% | -0.3% | |
| 08:30 | GBP Gross Domestic Product (YoY) (1Q F) | -0.1% | -0.1% | |
| 12:30 | USD Gross Domestic Product (Annualized) (1Q T) | 1.9% | 1.9% | |
| 12:30 | USD Gross Domestic Product Price Index (1Q T) | 1.7% | 1.7% | |
| 12:30 | USD Core Personal Consumption Expenditure (QoQ) (1Q T) | 2.1% | 2.1% | |
| *To see a more extensive list of news events (not just those we consider important), visit our Forex Calendar. | ||||
Trading Idea: We are still bearish but the charts are a bit mixed at the moment without a solid falling resistance or rising support for us to trade off. 1.2450 is a decent horizontal resistance but not solid enough for us to risk our equity with.
Most Popular Slideshows
Mars Curiosity Rover Photos: UFO Hunter Spots Strange 'Ruins,' 'Missile' [PHOTOS, VIDEO]
Miranda Kerr Exposes Breasts to Crew, Wardrobe Malfunction 'Deliberate Accident?' [PHOTOS]
How Brad Pitt Avoids Sex Even in Film Scenes After Finding Love in Angelina Jolie [PHOTOS]
Selena Gomez Spotted with Jaden Smith [PHOTOS]
