Fundamental Data Predictions for This Week: To All My Friends!!!
Updated
For some reason.. I can't convert this, so I had to take a picture of it.
Here are my fundamental predictions for Monday and Tuesday:
i.gyazo.com/4acc36b7cb388cb2a53175b6daea3331.png
Wednesday, Thursday and Friday:
i.gyazo.com/690d870ff81d168ae8e4d6e2fd872172.png
As you can see, the only data that is potentially tradable is the Euro data coming out and the GBP data coming out...BUT as I have be saying... the GBP data coming out has been crazy since the Brexit, and we have to wait another month for the data to start showing something in alignment with what other banks are looking for.
The Bank of Japan speaks...it could be a great opportunity for our long position in USDJPY; in fact, it gapped up in our favor already.
I will do an update after Tuesday. For now..... trade the charts around the news or on bigger time frames to be safe.
Here are my fundamental predictions for Monday and Tuesday:
i.gyazo.com/4acc36b7cb388cb2a53175b6daea3331.png
Wednesday, Thursday and Friday:
i.gyazo.com/690d870ff81d168ae8e4d6e2fd872172.png
As you can see, the only data that is potentially tradable is the Euro data coming out and the GBP data coming out...BUT as I have be saying... the GBP data coming out has been crazy since the Brexit, and we have to wait another month for the data to start showing something in alignment with what other banks are looking for.
The Bank of Japan speaks...it could be a great opportunity for our long position in USDJPY; in fact, it gapped up in our favor already.
I will do an update after Tuesday. For now..... trade the charts around the news or on bigger time frames to be safe.
Note
I said that I would do an update today..so here it is. Everything points to a terrible German IFO for Thursday, but it is against the consensus. So, I do not expect a surprise to the downside. However, I am staying short in the EURUSD in the meantime.
i.gyazo.com/1c35308c262fa69b0b27720e6ff01f13.png
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.