On Tuesday, markets and investors in the Forex market will watch the announcement of job numbers and wages growth data in Britain and the ZEW Business Climate Index announcement from the Eurozone. This is in addition to the announcement of any developments regarding BRIXIT - the British exit from the European Union - and the ongoing US government closure for the fifth week in a row. As well as the negotiations to resolve the US-China trade dispute.
In the following lines we will review together the most important trading opportunities to sell or buy of the most important currency pairs and gold, which may occur during today’s trading based on the expected events and economic data:
Major buying levels:
Buy The EUR / USD pair at 1.1290, target 1.1550 and place the stop at 1.1000.
Buy gold from the level of 1269, target 1300 and place the stop at 1260.
Buy the EUR / AUD pair at 1.5770, target 1.6100 and place the stop at 1.5700.
Buy the USD/CAD pair at 1.3190, target 1.3400 and 1.3100.
Main Selling Levels:
Sell the GBP / USD pair from 1.3000, target 1.2400 and place the stop at 1.3080.
Sell gold from 1293, target 1265 and place the stop at 1305.
Sell USD / CHF from 0.9995, target 0.9700 and place the stop at 1.0060.
Sell EUR / JPY from 125.20, target 123.00 and place the stop at 126.20.