Trade report of 11-1
EURUSD: the long term trend is long. Our system is currently showing a sell range, which is why we have decided to stop trading in pairs now. After the unemployment figures were released today, the previous short trend is visible again and we have turned the system back on for a sell series.
EURCAD: trading in this pair disabled. The couple is on the range, so there are no options for the time being.
EURJPY: uptrend visible since yesterday that already started at the beginning of this year. System enabled for buy series.
CADJPY: system enabled to trade a buy range.
Consumer price inflation in the United States has risen again. A level of 3.4% was achieved in December, the Ministry of Labor reported this afternoon, after 3.1% in November. Economists had expected an increase in inflation, but only to 3.2%.
Core inflation did decline, from 4.0% to 3.9%, while a larger decline to 3.8% had been expected.
Higher-than-expected inflation reduces the chance that the US central bank will cut interest rates in March. “This is the 33rd month in a row of inflation above 3% and the first increase since September,” someone wrote on
The financial markets did not react too strongly to the message. The EURUSD drops 0.19% on average. The GBPUSD falls by an average of 0.2% and the USDJPY rises by 0.2%
EURCAD: trading in this pair disabled. The couple is on the range, so there are no options for the time being.
EURJPY: uptrend visible since yesterday that already started at the beginning of this year. System enabled for buy series.
CADJPY: system enabled to trade a buy range.
Consumer price inflation in the United States has risen again. A level of 3.4% was achieved in December, the Ministry of Labor reported this afternoon, after 3.1% in November. Economists had expected an increase in inflation, but only to 3.2%.
Core inflation did decline, from 4.0% to 3.9%, while a larger decline to 3.8% had been expected.
Higher-than-expected inflation reduces the chance that the US central bank will cut interest rates in March. “This is the 33rd month in a row of inflation above 3% and the first increase since September,” someone wrote on
The financial markets did not react too strongly to the message. The EURUSD drops 0.19% on average. The GBPUSD falls by an average of 0.2% and the USDJPY rises by 0.2%
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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.
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.