Forecast and levels for Nikkei - page 4

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Sergey Golubev
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Sergey Golubev  

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Press review

Sergey Golubev, 2019.03.28 16:10

Intra-Day Fundamentals - USD/CADUSD/JPY and Nikkei 225: United States Gross Domestic Product (GDP)

2019-03-28 12:30 GMT | [USD - GDP]

if actual > forecast (or previous value) = good for currency (for USD in our case)

[USD - GDP] = Annualized change in the inflation-adjusted value of all goods and services produced by the economy.

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From official report :

  • "The GDP estimate released today is based on more complete source data than were available for the "initial" estimate issued last month. In the initial estimate, the increase in real GDP was 2.6 percent. With this estimate for the fourth quarter, the general picture of economic growth remains the same; personal consumption expenditures (PCE), state and local government spending, and nonresidential fixed investment were revised down; imports, which are a subtraction in the calculation of GDP, were also revised down (see "Updates to GDP" on page 2)."

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USD/CAD: range price movement by United States Gross Domestic Product news event

USD/CAD: range price movement by United States Gross Domestic Product news event

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USD/JPY: range price movement by United States Gross Domestic Product news event

USD/JPY: range price movement by United States Gross Domestic Product news event

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Nikkei 225: range price movement by United States Gross Domestic Product news event

Nikkei 225: range price movement by United States Gross Domestic Product news event

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Chart was made on MT5 with BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:

All about BrainTrading system for MT5: 


FxDown
9
FxDown  

Yearly Forecast

It is a tough job to predict the yearly forecast of a major currency pair. It is becoming very difficult it is the most dominant and liquid pair of EUR/USD. In spite of that, some financial events will play a big part throughout of the year along with the monetary policy of FED and ECB. Let drive into the details:

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