By: Bradley C. Smith
Let's see if the Bollinger Bands, Full Stochastics, StochRSI and RSI object to the beneficial news bites the Dollar side of the EUR/USD is to receive today. It seems they are all due for a retracement and the news items will be glad to facilitate that.
The three hour chart has started ahead of us but it is not to late because these are heavy hitting news items and they will move the market greatly.
7:30am est USD
Core CPI m/m Forecast 0.1% Previous -0.1%
7:30am est USD
Unemployment Claims Forecast 456K Previous 462K
9:00am est USD
Philly Fed Manufacturing Index Forecast 17.6 Previous 17.6
