Forecast and levels for USD/CNH - page 10

 

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Press review

Sergey Golubev, 2019.05.06 17:18

USD/CNH Intra-Day Fundamentals: China Caixin Services PMI and range price movement 

2019-05-06 01:45 GMT | [CNY - Caixin Services PMI]

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

[CNY - Caixin Services PMI] = Level of a diffusion index based on surveyed purchasing managers in the services industry.

==========

From official report :

  • "Data broken down by sector signalled that the increase in overall business activity was largely driven by services companies. Notably, the seasonally adjusted Chinese Services Business Activity Index edged up from 54.4 in March to 54.5 in April, to mark its second-highest level since May 2012 (after January 2018). Meanwhile, manufacturing firms registered only a marginal increase in production at the start of the second quarter."

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USD/CNH M1: range price movement by China Caixin Services PMI news event 

USD/CNH M1: range price movement by China Caixin Services PMI news event

==========

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

 

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Press review

Sergey Golubev, 2019.05.31 08:24

USD/CNH Intra-Day Fundamentals: China Manufacturing PMI and range price movement 

2019-05-31 01:00 GMT | [CNY - Manufacturing PMI]

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

[CNY - Manufacturing PMI] = Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.

==========

From cnbc article :

  • "China’s National Bureau of Statistics released official manufacturing PMI for the month of May, which fell to 49.4 from 50.1 in April. Analysts polled by Reuters had expected the indicator to drop to 49.9 in May."
  • "For China, the PMI is among economic indicators that investors globally watch closely for signs of trouble amid domestic headwinds and the ongoing U.S.-China trade dispute."

==========

USD/CNH M1: range price movement by China Manufacturing PMI news event 

USD/CNH M1: range price movement by China Manufacturing PMI news event

==========

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

 

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Press review

Sergey Golubev, 2019.06.07 15:04

Intra-Day Fundamentals - Dollar IndexUSD/CAD and USD/CNHNon-Farm Payrolls

2019-06-07 12:30 GMT | [USD - Non-Farm Employment Change]

  • past data is 224K
  • forecast data is 177K
  • actual data is 75K according to the latest press release

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

[USD - Non-Farm Employment Change] = Change in the number of employed people during the previous month, excluding the farming industry.

==========

From official report :

  • "Total nonfarm payroll employment edged up in May (+75,000), and the unemployment rate remained at 3.6 percent, the U.S. Bureau of LaborStatistics reported today. Employment continued to trend up in professional and business services and in health care."

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Dollar Index (DXY): range price movement by Non-Farm Payrolls news events

Dollar Index (DXY): range price movement by Non-Farm Payrolls news events

==========

USD/CAD: range price movement by Non-Farm Payrolls news events

https://charts.mql5.com/21/421/usdcad-m15-fx-choice-limited-2.png

==========

USD/CNH: range price movement by Non-Farm Payrolls news events

USD/CNH: range price movement by Non-Farm Payrolls news events

==========

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

==========

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 

 

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Press review

Sergey Golubev, 2019.06.27 14:56

Intra-Day Fundamentals - Dollar IndexUSD/CNH and GOLD (XAU/USD): United States Gross Domestic Product (GDP) q/q

2019-06-27 12:30 GMT | [USD - GDP]

  • past data is 3.1%
  • forecast data is 3.1%
  • actual data is 3.1% according to the latest press release

if actual > forecast (or previous 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.

==========

From official report :

  • "Real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the first quarter of 2019 (table 1), according to the "third" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2018, real GDP increased 2.2 percent."

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Dollar Index (DXY): range price movement by  United States Gross Domestic Product news events

Dollar Index (DXY): range price movement by  United States Gross Domestic Product news events

==========

USD/CNH: range price movement by  United States Gross Domestic Product news events

USD/CNH: range price movement by  United States Gross Domestic Product news events

==========

XAU/USD: range price movement by  United States Gross Domestic Product news events

XAU/USD: range price movement by  United States Gross Domestic Product news events

==========

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

 

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Press review

Sergey Golubev, 2019.07.01 08:24

USD/CNH Intra-Day Fundamentals: China Caixin Manufacturing PMI and range price movement 

2019-07-01 01:45 GMT | [CNY - Caixin Manufacturing PMI]

  • past data is 50.2
  • forecast data is 50.1
  • actual data is 49.4 according to the latest press release

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

[CNY - Caixin Manufacturing PMI] = Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.

==========

From official report :

  • "Falling from 50.2 in May to 49.4 in June, the headline seasonally adjusted Purchasing Managers’ Index™ (PMI™) – a composite indicator designed to provide a single-figure snapshot of operating conditions in the manufacturing economy – was below the critical 50.0 threshold for the first time in four months. The latest figure was, however, indicative of only a marginal deterioration in operating conditions."

==========

USD/CNH M5: range price movement by China  Caixin Manufacturing PMI news event 

USD/CNH M5: range price movement by China  Caixin Manufacturing PMI news event

============

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:


 

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Press review

Sergey Golubev, 2019.07.15 16:53

USD/CNH Intra-Day Fundamentals: China Gross Domestic Product (GDP) and range price movement 

2019-07-15 02:00 GMT | [CNY - GDP]

  • past data is 6.4%
  • forecast data is 6.2%
  • actual data is 6.2% according to the latest press release

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

[CNY - GDP] = Change in the inflation-adjusted value of all goods and services produced by the economy.

==========

From caixinglobal article :

  • "China’s economy grew 6.2% year-on-year in the second quarter this year, down from 6.4% growth in the first quarter, official data showed Monday. The growth rate met the median forecast of a 6.2% gain for the period by economists polled by Bloomberg."

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USD/CNH D1: range price movement by China Gross Domestic Product news event 

USD/CNH D1: range price movement by China Gross Domestic Product news event

==========

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


 

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Press review

Sergey Golubev, 2019.07.25 17:31

Intra-Day Fundamentals - NZD/USDUSD/JPY and USD/CNH: United States  Core Durable Goods Orders

2019-07-25 12:30 GMT | [USD - Core Durable Goods Orders]

  • past data is 0.4%
  • forecast data is 0.2%
  • actual data is 1.2% according to the latest press release

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

[USD - Core Durable Goods Orders] = Change in the total value of new purchase orders placed with manufacturers for durable goods, excluding transportation items.

==========

From official report :

  • "New orders for manufactured durable goods in June increased $4.9 billion or 2.0 percent to $246.0 billion, the U.S. Census Bureau announced today. This increase, up following two consecutive monthly decreases, followed a 2.3 percent May decrease.  Excluding transportation, new orders increased 1.2 percent.   Excluding defense, new orders increased 3.1 percent.  Transportation equipment, also up following two consecutive monthly decreases, led the increase, $3.0 billion or 3.8 percent to $80.5 billion."

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NZD/USD: range price movement by United States  Core Durable Goods Orders news events

NZD/USD: range price movement by United States  Core Durable Goods Orders news events

==========

USD/JPY: range price movement by United States  Core Durable Goods Orders news events

USD/JPY: range price movement by United States  Core Durable Goods Orders news events

==========

USD/CNH: range price movement by United States  Core Durable Goods Orders news events

USD/CNH: range price movement by United States  Core Durable Goods Orders news events

============

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:


 

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Press review

Sergey Golubev, 2019.07.31 09:45

USD/CNH Intra-Day Fundamentals: China Manufacturing PMI and range price movement 

2019-07-31 01:00 GMT | [CNY - Manufacturing PMI]

  • past data is 49.4
  • forecast data is 49.6
  • actual data is 49.7 according to the latest press release

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

[CNY - Manufacturing PMI] = Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.

==========

From official release :

  • "China’s manufacturing PMI came in at 49.7 in July, up from 49.4 in June. The PMI has stayed below the critical 50-mark for three consecutive months, indicating the continued contraction of the manufacturing sector amid the sluggish domestic and export demand."

==========

USD/CNH: range price movement by China Manufacturing PMI news event 

USD/CNH chart by Metatrader 5

==========

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

==========

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


 

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Press review

Sergey Golubev, 2019.08.15 16:13

Intra-Day Fundamentals - Dollar IndexGOLD (XAU/USD) and USD/CNH: United States Retail Sales

2019-08-15 12:30 GMT | [USD - Retail Sales]

  • past data is 0.3%
  • forecast data is 0.3%
  • actual data is 0.7% according to the latest press release

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

[USD - Retail Sales] = Change in the total value of sales at the retail level.

==========

From official report :

  • "Advance estimates of U.S. retail and food services sales for July 2019, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $523.5 billion, an increase of 0.7 percent (±0.5 percent) from the previous month, and 3.4 percent (±0.7 percent) above July 2018. Total sales for the May 2019 through July 2019 period were up 3.3 percent (±0.5 percent) from the same period a year ago. The May 2019 to June 2019 percent change was revised from up 0.4 percent (±0.5 percent)* to up 0.3 percent (±0.1 percent)."
  • "Retail trade sales were up 0.6 percent (±0.5 percent) from June 2019, and 3.4 percent (±0.7 percent) above last year. Nonstore retailers were up 16.0 percent (±1.4 percent) from July 2018, miscellaneous stores were up 6.0 percent (±4.6 percent) from last year."

==========

Dollar Index (DXY): range price movement by  United States Retail Sales news events

Dollar Index (DXY): range price movement by United States Retail Sales news events

==========

GOLD (XAU/USD): range price movement by United States Retail Sales news events

GOLD (XAU/USD): range price movement by United States Retail Sales news events

==========

USD/CNH: range price movement by  United States Retail Sales news events

USD/CNH: range price movement by United States Retail Sales news events

==========

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

==========

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 

 

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2019.09.02 10:14

USD/CNH Intra-Day Fundamentals: China Caixin Manufacturing PMI and range price movement 

2019-09-02 01:45 GMT | [CNY - Caixin Manufacturing PMI]

  • past data is 49.9
  • forecast data is 49.8
  • actual data is 50.4 according to the latest press release

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

[CNY - Caixin Manufacturing PMI] = Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.

==========

From official report :

  • "The headline seasonally adjusted Purchasing Managers’ Index™ (PMI™) – a composite indicator designed to provide a single-figure snapshot of operating conditions in the manufacturing economy – rose from 49.9 in July to 50.4 in August, signalling a renewed improvement in the overall health of the sector. Though only marginal, it was the strongest improvement recorded since March."

==========

USD/CNH H4: range price movement by China Caixin Manufacturing PMI news event 

USD/CNH H4: range price movement by China Caixin Manufacturing PMI news event

==========

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

Reason: