Forecast and levels for EURO - page 42

Sergey Golubev
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Sergey Golubev  

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Sergey Golubev, 2021.06.09 12:09

EUR/USD Intra-Day Fundamentals: German Trade Balance

2021-06-09 07:00 GMT | [EUR - German Trade Balance n.s.a.]

  • past data is 20.2B
  • forecast data is 15.4B
  • actual data is 15.5B according to the latest press release 
if actual > forecast (or previous value) = good for currency (for EUR in our case)

[EUR - German Trade Balance n.s.a.] = Trade Balance n.s.a. (not seasonally adjusted) shows the difference between Germany's export and import of goods and services over the reported period. A positive balance value indicates a trade surplus, while a negative one hints at a trade deficit. The year-over-year indicator provides seasonally unadjusted data. Higher than expected readings can affect the euro quotes positively.

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From official report :

  • The foreign trade balance showed a surplus of 15.5 billion euros in April 2021. In April 2020, the surplus amounted to 3.4 billion euros. The calendar and seasonally adjusted surplus of April 2021 was 15.9 billion euros.

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EUR/USD: range price movement by German Trade Balance n.s.a. news event

EUR/USD: range price movement by German Trade Balance n.s.a. 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:



Sergey Golubev
Moderator
122903
Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2021.07.27 15:32

EUR/USD Intra-Day FundamentalsECB M3 Money Supply  and range price movement 

2021-07-27 09:00 GMT | [EUR -  ECB M3 Money Supply]

  • past data is 8.5%
  • forecast data is 7.9%
  • actual data is 8.3% according to the latest press release 
if actual > forecast (or previous value) = good for currency (for EUR in our case)

[EUR -  ECB M3 Money Supply]  = Change in the total quantity of domestic currency in circulation and deposited in banks.

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From rttnews article :

  • "The euro area money supply grew at a slower pace in June and the credit to the private sector logged a steady expansion, data from the European Central Bank revealed on Tuesday. The M3 money supply rose 8.3 percent on a yearly basis in June, which was slower than the revised 8.5 percent growth posted in May. At the same time, annual growth in the narrow measure M1 increased marginally to 11.7 percent from 11.6 percent in the previous month".

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EUR/USD: range price movement by ECB M3 Money Supply  news event

EUR/USD: range price movement by ECB M3 Money Supply  news event

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The chart was made on MT5 with standard indicators of Metatrader 5 together with following indicators: