Here are the key factors to keep in mind today for Euro trades:

• German Factory Orders: German Factory Orders for July increased by 0.2% monthly and decreased by 0.7% annualized. Economists predicted a decrease of 0.1% monthly and of 0.2% annualized. Forex traders can compare this to German Factory Orders for June which decreased by 0.3% monthly and by 3.0% annualized.
• Final Eurozone GDP: The Final Eurozone GDP for the second-quarter is predicted to increase by 0.3% quarterly and by 1.6% annualized. Forex traders can compare this to the original Eurozone GDP for the second-quarter which increased by 0.3% quarterly and by 1.6% annualized. Final Eurozone Gross Fixed Capital is predicted to decrease by 0.1% quarterly. Forex traders can compare this to the previous Eurozone Gross Fixed Capital which increased by 0.8% quarterly. Final Eurozone Government Expenditure is predicted to increase by 0.2% quarterly. Forex traders can compare this to the previous Eurozone Government Expenditure which increased by 0.4% quarterly. Final Eurozone Household Consumption is predicted to increase by 03% quarterly. Forex traders can compare this to the previous Eurozone Household Consumption which increased by 0.6% quarterly.

Here are the key factors to keep in mind today for Swiss Franc trades:

• Swiss GDP: The Swiss GDP for the second-quarter increased by 0.6% quarterly and by 2.0% annualized. Economists predicted an increase of 0.4% quarterly and of 0.8% annualized. Forex traders can compare this to the Swiss GDP for the first-quarter which increased by 0.3% quarterly and by 1.1% annualized.
• Swiss CPI: The Swiss CPI for August decreased by 0.1% monthly and by 0.1% annualized. Economists predicted a decrease of 0.1% monthly and of 0.1% annualized. Forex traders can compare this to the Swiss CPI for July which decreased by 0.4% monthly and by 0.2% annualized. The Swiss EU Harmonized CPI for August was reported flat at 0.0% monthly and flat at 0.0% annualized. Economists predicted a decrease of 0.1% monthly and a flat reading of 0.0% annualized. Forex traders can compare this to the Swiss EU Harmonized CPI for July which decreased by 0.1% monthly and by 0.5% annualized.

Should price action for the EURCHF remain inside the or breakout above the 1.0925 to 1.0975 zone the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Long Position
• Entry Level: Long Position @ 1.0950
• Take Profit Zone: 1.1100– 1.1150
• Stop Loss Level: 1.0875

Should price action for the EURCHF breakdown below 1.0925 the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Short Position
• Entry Level: Short Position @ 1.0875
• Take Profit Zone: 1.0700– 1.0750
• Stop Loss Level: 1.0925

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