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Wednesday has lots of news ahead of NFP
US News Scheduled For Wednesday is loaded as we lead up to Friday’s Non Farm Payroll report. ADP Job numbers come out at 8:15 followed by the GDP and Corporate Profits report at 8:30am. Chicago PMI then follows at 9:45am.
Tune in to my US GDP report webinar here on FX Street starting at 7:30am where we will look at the fundamentals and technical’s before during and after the news! See Link Below to register
Charts of Future Past - Before and After - Click to Enlarge Chart Images
Below are three of my recent posted charts before and after - side by side.
GBP-Yen Sept 18-29 Daily Chart - Shows the completion of the Double Top and “M” pattern that is continuing to trade to the downside inside a nice trend channel.
GBP –USD Sept 18 – 29 Daily Chart - Shows the Head and Shoulder Pattern completing the formation that was in progress back on Sept 18 has now gone “to and through” the “Neck Line”. The question now is: Will the Sterling bounce and correct to retest the neckline, or continue to the 200% extension target of the Pattern… or go sideways..?
AUD-JPY Sept 23-29 4 Hour Chart – Triangle with Inverse Head and Shoulder Pattern worked out beautifully to the Downside as it now looks more like a Double Top and “M” formation – The previous post from September 23 is now complete! Price has now retraced quickly back to the trend line.
Tune in to the “1ston Forex” Webinars on FX Street
Every Monday - The Week Ahead at 16:00 GMT (12 Noon Eastern)- Click Here to Register
FOMC Announcement - Live Webinar This Wed Sept 23 Click Here to Register
US GDP Report – Live Webinar – Wed Sep 30 Click Here to Register