Forecast and levels for CAC 40 - page 3

Sergey Golubev
Moderator
123011
Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2020.09.05 16:58

CAC 40 - daily ranging within 4889/5131 support/resistance level for direction (based on the article)

CAC 40 daily Brainwashing chart by Metatrader 5

  • "While the US grapples with floundering technology stocks, the Euro Area will have to negotiate looming growth data and an ECB rate decision. After initially wresting control of the virus following the initial outbreak, some pockets of Europe have begun to see a rise in cases once more. Should the rise be reflected in upcoming Euro Area growth data due to lockdowns, the DAX 30 and CAC 40 could falter slightly as investors reassess the outlook for the region."
  • "Similarly, European indices could experience turbulence should ECB officials lament recovery prospects without a simultaneous increase in stimulus or accommodation. Either way, a lot of uncertainty surrounds the DAX 30 and CAC 40 headed into next week. That being said, notable event risk and heightened volatility could deliver the spark required to liberate the two indices from their recent trading ranges."

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Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

Same system for MT4:

  1. Brainwashing. Trades: manually and using EAs (MT4)
  2. Brainwashing EAs - the thread (MT4)
  3. Brainwashing: system setup for trading manually and for EAs (MT4) - the thread 
  4. Brainwashing: system development (MT4) - the thread

Sergey Golubev
Moderator
123011
Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2021.05.12 16:20

Intra-Day Fundamentals - USD/CAD, USD/CNH and CAC 40: United States  Consumer Price Index (CPI)

2021-05-12 13:30 GMT | [USD - Core CPI]

  • past data is 0.6%
  • forecast data is 0.2%
  • actual data is 0.8% according to the latest press release

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

[USD - Core CPI] = Change in the price of goods and services purchased by consumers, excluding food and energy.

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From official report :

  • "The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.8 percentin April on a seasonally adjusted basis after rising 0.6 percent in March, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 4.2 percent before seasonal adjustment. This is the largest 12-month increase since a 4.9-percent increase for the period ending September 2008".

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USD/CAD: range price movement by United States  Consumer Price Index news event 

USD/CAD: range price movement by United States  Consumer Price Index news event

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USD/CNH: range price movement by United States  Consumer Price Index news event 

USD/CNH: range price movement by United States  Consumer Price Index news event

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CAC 40: range price movement by United States  Consumer Price Index news event 

CAC 40: range price movement by United States  Consumer Price Index news event

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Charts were made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

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Same systems for MT4/MT5:

The beginning

  1. ASCTrend system, the beginning, part #1
  2. ASCTrend system, the beginning, part #2
  3. ASCTrend system, the beginning, part #3
  4. ASCTrend system, the beginning, part #4 
  5. Digital ASCTrend (Digital Filters with ASCTrend system combined).
  6. LabTrend (LabTrend indicators, LabTrendZigZag, templates, Labtrend EAs) - the thread

After 

  1. The main AscTrend thread is this one.
  2. Asctrend indicator in depth 
  3. ASCTREND SYSTEM summary (good EAs included) 
  4. Brainwashing system/AscTrend system (MT5) - the thread