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SunBirdFX Daily Market Analysis : 03/05/2013
AUDUSD BUY AT- 1.0230 STOP- 1.0195 TP- 1.0290.
USDCAD SELL AT- 1.0270 STOP- 1.0300 TP- 1.0216.
USDCHF SELL AT- 0.9426 STOP- 0.9450 TP- 0.9340.
Important data published MT4 time:
09:15- EUR- spanish services PMI.
09:45- italion services PMI.
10:30- GBP- services PMI.
16:00- USD- ISM non-manufactyring PMI.
At the end of the week came into effect cutting width arbitrarily U.S. government budget, after the White House and Congress could not reach agreement on an alternative plan to reduce the budget deficit. Cuts automatic, estimated at 85 billion dollars by the end of this year and $ 1.2 trillion in nine years, came into effect on Friday after deferred from earlier, the second in January, as part of an agreement to prevent "fiscal cliff.