Trade report of 21-8The news from the beginning of this week:
The dollar is still considered the pillar of the post-war world monetary order. The Brics, who meet in South Africa next week, believe the currency gives the US disproportionate power.
The European economy has not entered a recession. In the second quarter, the combined gross domestic product (GDP) of the twenty countries whose currency is the euro grew by 0.3% compared to the first quarter. This is evident from the latest figures from the European statistical office Eurostat.
Onze acties:
EURGBP : the pair moves in a channel. At the moment the rating system is still called these scores: total score -3, Cot Data 0, Retail sentiment 0, Seasonality 1, Trend reading -2, GDP Growth 1, Inflation -1, Unemployment -1, Interest Rates -1.
We have placed a buy with 0.85925 with a target of 0.86570.
USDCAD : Our rating system gives a nice score and on a weekly basis there is also more in this. Score +6 when adding the following data Cot Data 0, Retail sentiment 1, Seasonality 1, Trend reading 2, GDP Growth 1, Inflation -1, Unemployment 1, Interest Rates 1. We put a buy at 1.35695 with sl at 1.35225.
