EURUSD - Trends, Forecasts and Implications (Part 1) - page 2239

[AlexAN]

No .... Alive for a bit....

Here's the news. Check it out :) By the way, what was that rush down the pairs, especially the yen?

Thu 31.05.

- Strong impact
- Medium impact
- Weak impact

Time	Country	Macroeconomic data	Period	Fact	Forecast	Previous	Impact
03:15	Japan	Industrial Purchasing Managers' Index	May	54.7		53,5
03:50	Japan	Industrial production	April	1.3%	2.6% m/m	1.2% m/m
04:25	Eurozone	Statement by ECB President Jean-Claude Trichet
04:25	USA	Address by Fed Chairman Ben Bernanke
04:30	Australia	Consumer Price Index	May	0.5%		0.4% m/m
05:30	Australia	Balance of payments	first quarter	-16.6 billion	-16.4bn	-17.5bn
05:30	Australia	Private sector lending	May	0,2%	0.5% m/m	0.5% m/m
05:30	Australia	Corporate operating profit	first quarter	3,9%	3.1% qoq	2.2% qoq
05:30	Japan	Average income	April	1,5%	0.9% y/y	1.0% y/y
09:00	Japan	New home starts	April	0.6% y/y	6.6% y/y	-2.4% y/y
12:00	Eurozone	Monetary base M3	April	-0.1%	-0.2% y/y	-0.1% y/y
12:00	Eurozone	Private sector borrowing	April	0.1%	-0.2% y/y	-0.2% y/y
13:00	Eurozone	Consumer price index	May	1.6%	1.7% y/y	1.5% y/y
16:30	Canada	GDP change	April	0.6%	0.5% m/m	0.3% m/m
16:30	Canada	Commodity price index	April	1.7%	1.1% m/m	0.8% m/m
16:30	Canada	Industrial output price index	April	0.3%	-0.3% m/m	-0.4% mom

[[Deleted]]

If we go from here to about the low tomorrow or the day after, in my opinion a wide flat has not formed and the situation continues to threaten the risks of further downside moves below the current expectations of 1.21. I see why the forte has stepped up :) Got my eye on the chart :)))

[Nikolay]

[[Deleted]]

NikT_58:

Let me ask you, what is this interesting indicator that draws oblique lines on your chart. If you do not mind, please send me the link. I would be grateful in advance.

[STA2066]

FXlike:

the forum is dead, eh

The death of single traders does not mean the death of the thread. Telepuzik disappeared a long time ago.

[Александр Шевчук]

I stand by my opinion - the trend has changed and hence, as I said, only buy.

[Igor Makanu]

strangerr:
I stand by my opinion - the trend has changed and hence, as I said, only buy.

Although I am not a professional forecaster, but my EA is also buy-oriented - if it goes up, it will start next, and if it reverses, it will try to break-even.

While waiting for a buy.

[Evgeniy Gutorov]

strangerr:
I still stick to my opinion - the trend has changed and therefore, as I said, only buy.

Globally, buy is already a long time coming, but locally, we have to finish the move down to 1.2165. Here, it will be clear whether we go up after the breakdown of the triangle at 340 pips or down after the breakdown of the trend line to 1.1860

[Evgeniy Gutorov]

strangerr:
I still stick to my opinion - the trend has changed and therefore, as I said, only buy.

Globally, buy is already a long time coming, but locally, we have to finish the move down to 1.2165. Here, it will be clear whether we go up after the breakdown of the triangle at 340 pips or down after the breakdown of the trend line to 1.1860

[[Deleted]]

I support 1.1860