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- Forex Analysis for W/C 9th March 2015 (Fundamentals)
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Forex Analysis for W/C 9th March 2015 (Fundamentals)
Tham gia từ Sep 06, 2013
145bài viết
Mar 13, 2015 at 11:45
Tham gia từ Sep 06, 2013
145bài viết
So many people fail to see the importance of fundamentals..... My weekly videos are aimed to raise awareness and to help fellow traders.
The key currencies leading into this weak are a strong USD following yet another great NFP figure which has brought the expectations of a rate hike forward.
The EURO is also weakened as the ECB did admit that even though the QE programe is set to run though 2016, Inflation will not even be at target until 2017, so it is likely that they will have to extend QE. Also the Eurogroup/Greece situation is still not fully resolved so the EURO is very WEAK!
This week we can watch out for further post NFP gains especially against the EURO.
Also, keep a listen out for any QE and Greece developments.
In terms of currencies that could go either way - look out for movement on the CAD. NZD and AUD to the downside if we have more weak commodity figures released throughout the week.
HERE IS MY VIDEO ANALYSIS FOR THIS WEEK:
The key currencies leading into this weak are a strong USD following yet another great NFP figure which has brought the expectations of a rate hike forward.
The EURO is also weakened as the ECB did admit that even though the QE programe is set to run though 2016, Inflation will not even be at target until 2017, so it is likely that they will have to extend QE. Also the Eurogroup/Greece situation is still not fully resolved so the EURO is very WEAK!
This week we can watch out for further post NFP gains especially against the EURO.
Also, keep a listen out for any QE and Greece developments.
In terms of currencies that could go either way - look out for movement on the CAD. NZD and AUD to the downside if we have more weak commodity figures released throughout the week.
HERE IS MY VIDEO ANALYSIS FOR THIS WEEK:
HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions

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