Trading advice for 4/28/2017

Forex:
The euro will likely go up in value because eurostat will release information about the CPI, the CPI is expected to increase which is Positive
Last time the CPI was expected to increase as well but it decreased. Because the CPI was on the low side last time it is more likely it will really increase this time.

The usd will likely go down in value especially against the euro because of the positive results mentioned earlier.
The dollar will go down in value because of the GDP price index release, the previous index was pretty high, and it is expected this time it will turn out a lot lower.
A low GDP price index will mean interest rates will go down even more, making the dollar appear weaker.

Advice:
Open a EURUSD position early in the morning, it is higly likely the euro will increase in value and the dollar will decrease meaning you will make a profit.
Riskiness: Low, even if the dollar doesn't decrease it is most certainly not going to increase in value, so this is a fairly safe trade.

The earlier you open your position the better, because of the expected good CPI, other traders will open a EURUSD position as well meaning it's going to be more expensive if you open this trade later. It is advised to open this trade as soon as the market opens