Tomorrow 04/25
14:30 USD Continuing Jobless Claims 1,810K 1,812K
14:30 USD GDP (QoQ) (Q1) 2.5% 3.4%
14:30 USD GDP Price Index (QoQ) (Q1) 3.0% 1.7%
14:30 USD Goods Trade Balance (Mar) -91.10B -91.84B
14:30 USD Initial Jobless Claims 214K 212K
In case of the above mentioned data signaling no cool-down in the inflation pressure I...
In the last two weeks, we have observed that FX:EURUSD is earnestly trying to establish a new base, aiming to finally take off.
Unfortunately, this cannot happen if certain variables don't change urgently. If not, EURUSD faces significant downturns repeatedly.
What are these variables?
First and foremost, US inflation needs to decline more sharply. This...
As of today Thursday, December 14, 2023- ECB ( European Central Bank ) at 14:00 PM ( Budapest Time GMT+1 ) will disclouse their interest rate decision in the following categories.
11:00 EUR EU Leaders Summit
14:15 EUR Deposit Facility Rate (Dec)
14:15 EUR ECB Marginal Lending Facility
14:15 ...
Time to take cover on long position.
Thanks Giving is comming market will slow down and also closed.
Use next 4-7 days to dig into fundamentals.
Trade Balances
Goverment Debt level
Gov Bond Madurity
Sessionality of EUR/USD movements
CPI data
Unemployment
Stop loss - Depending on your risk appetite.
To be continued
Have fun
Circuit breaker level - Lets see.
We are waiting for FED officials which is mostly not that interesting , but now they can wipe the market with few words - the opposite also works.
Do not forget : Control the inflation means the FED wanna see huge lay-offs.
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Longer view
If...
