Market Condition Evaluation based on standard indicators in Metatrader 5 - page 50
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About GBP - Retail Sale]
Forum
Press review
newdigital, 2013.06.20 12:22
The next news event to discuss :2013-06-20 08:30 GMT | [GBP - Retail Sale]
If actual > forecast data - is it good for GBP. Forecast data was 0.8% and actrual data was 2.1% (see latest resease here)
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U.K. Retail Sales Recover At Stronger Than Expected Pace :
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GBPUSD, M1, 2013.06.20
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50 pips
Just about Philadelphia Fed Index
Forum
Press review
newdigital, 2013.06.20 20:50
We had the following news event at 14:00 GMT time (or 16:00 metaquotes demo server time) :
2013-06-20 14:00 GMT | [USD - Philadelphia Fed Index]
if actual > forecast = good for USD. Forecast was -0.6 and actual (according to the latest release here) was 12.5
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Philly Fed Index Unexpectedly Surges Up To Two-Year High In June :
Manufacturing activity in the Philadelphia area unexpectedly increased in the month of June, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday, with the index of activity in the sector climbing to a two-year high.
The Philly Fed said its diffusion index of current activity jumped to a positive 12.5 in June from a negative 5.2 in May, with a positive reading indicating an increase in regional manufacturing activity. Economists had expected the index to climb to a negative 1.0.
and we can see - this is 130 pips in profit (4 digit pips) for majors!
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EURUSD, M1, 2013.06.20
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33 pips
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USDCHF, M1, 2013.06.20
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34 pips
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USDJPY, M1, 2013.06.20
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36 pips
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GBPUSD, M1, 2013.06.20
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30 pips
Just trying to find the interesting pair for technical analysis for the next week and could not ...
For example - EURUSD D1 was on correction
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EURUSD, D1, 2013.06.22
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D1 correction
and EURUSD H4 was fully reversed to primary bearish
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EURUSD, H4, 2013.06.22
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h4 reversal to bearish
The opposite situation was for USDCHF - D1 timeframe was on bear market rally
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USDCHF, D1, 2013.06.22
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usdchf d1 rally
and USDCHF H4 timeframe reversed in the end of the week to primary bullish :
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USDCHF, H4, 2013.06.22
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usdchf reversal to bullish
I think - most interesting pair to trade for the next week will be USDJPY.
D1 was on bear market rally within primary bearish , and the price came very close to Sinkou Span B line for fully reversal to primary bullish :
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USDJPY, D1, 2013.06.22
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USDJPY D1
And USDJPY H4 timeframe was on flat within bullish, but if the price will try to go further so it will meet few very strong resistance lines :
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USDJPY, H4, 2013.06.22
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usdjpy h4 flat
Thus, USDJPY will be most interesting pair to watch and to trade for the next week.
And all forming/developing patterns starting from M6 till H12 are on downtrend (we are talking about USDJPY) - for example :
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USDJPY, M6, 2013.06.22
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usdjpy m6 downtrend
I think - main trend (bearish) will be continuing on D1 after rally finished, and price on H4 timeframe will go down to inside Ichimoku cloud ... anyway - will see.
This is news events for the next week which may be affected on the movement of USDJPY price :
2013-06-24 08:00 GMT | [EUR - IFO Business Climate]
2013-06-24 23:50 GMT | [JPY - Corporate Goods Price Index (CSPI]
2013-06-25 12:30 GMT | [USD - Durable Goods Orders]
2013-06-25 14:00 GMT | [USD - Consumer Confidence]
2013-06-25 14:00 GMT | [USD - New Home Sales]
2013-06-26 12:30 GMT | [USD - Gross Domestic Product (GDP)]
2013-06-27 12:30 GMT | [USD - Core Personal Consumption Expenditure Price Index (Core PCE Price Index)]
2013-06-27 23:30 GMT | [JPY - National CPI Core]
2013-06-27 23:50 GMT | [JPY - Retail Sales]
2013-06-28 13:45 GMT | [USD - Chicago PMI Index]
2013-06-28 13:55 GMT | [USD - University of Michigan Consumer Confidence Index]
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I think - Friday (28 of June) is not very understandable for now because I think - it will be some speaches (FOMC or something) so it will be updated for the next week for example.
Just about the following :
2013-06-24 08:00 GMT | [EUR - IFO Business Climate]
As actual was same as forecast data so we did not see big price movement
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USDCHF, M1, 2013.06.24
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usdchf m1
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EURUSD, M1, 2013.06.24
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eurusd m1
About USD - Durable Goods Orders which we had 20 minutes ago - read this post. About the price movement :
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Totallt : +129 pips
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EURUSD, M5, 2013.06.25
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eurusd durable
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USDCHF, M5, 2013.06.25
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usdchf durable
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GBPUSD, M5, 2013.06.25
MetaQuotes Software Corp., MetaTrader 5, Demo
gbpusd durable