Italy Nov CPI yy provisional 0.9% vs 1.1% exp

Comments Off on Italy Nov CPI yy provisional 0.9% vs 1.1% exp

Italy Nov CPI provisional data also out 30 Nov
– 1.0% prev
– mm -0.2% vs 0.0% exp vs -0.2% prev
– HICP
Missing expectations too
The post Italy Nov CPI yy provisional 0.9% vs 1.1% exp appeared first on Forex news forex trade.

Technical Analysis Based on Breakout – Remain long towards 1.3607

Comments Off on Technical Analysis Based on Breakout – Remain long towards 1.3607

GBPUSD – Flat Technical Observation: As I suggest earlier this month following the bullish pin bar, Gbp has been rising tremendously to the upper side but is yet to reach my take profit set at 1.3607. I expect further rise towards my take profit or e…

The post Technical Analysis Based on Breakout – Remain long towards 1.3607 appeared first on Forex news forex trade.

Eurozone Nov CPI estimate yy 1.5% vs 1.6% expected

Comments Off on Eurozone Nov CPI estimate yy 1.5% vs 1.6% expected

Eurozone Nov CPI estimates now out 30 Nov
– 1.4% prev
– Core CPI yy advance 0.9%  vs 1.0% exp vs 0.9% prev
Soggy readings with core CPI also not meeting expectations. Headline CPI a tad better than prev at least
The post Eurozone Nov CPI esti…

Technical Analysis Based on Breakout – Flat

Comments Off on Technical Analysis Based on Breakout – Flat

EURUSD – Up Technical Observation: Still nothing significant has changed on Eur. Since yesterday, there was only a slight rally to the upper side but still below the monthly resistance zone 1.1986-1.1906. Unless there’s a clear bullish breakout above t…

The post Technical Analysis Based on Breakout – Flat appeared first on Forex news forex trade.

Saudi Arabia expects everyone to implement output cut extension

Comments Off on Saudi Arabia expects everyone to implement output cut extension

So says Saudi energy minister 30 Nov
– my preference is for a 9month extension
– important to have consensus
– don’t think we need to consider deeper cuts
– premature to talk of exit strategy
The post Saudi Arabia expects everyone to implement output c…

EURGBP orders 30 Nov – In retreat again

Comments Off on EURGBP orders 30 Nov – In retreat again

Currently 0.8783 after 0.8777 lows
Helping to underpin cable again
Month-end demand always a threat but I think it’s done already as per my GBPUSD post. Might find some support from EURUSD option-related demand.
The post EURGBP orders 30 Nov – In…

Technical Analysis Based on Breakout – Flat

Comments Off on Technical Analysis Based on Breakout – Flat

USDJPY – Down Technical Observation: Recently, Usd retraced a bit higher than I expected. Unless there’s a clear sell signal on Usd, I choose to remain flat on Usd. My expectations are that the price should continue to retrace higher towards 112.55 whe…

The post Technical Analysis Based on Breakout – Flat appeared first on Forex news forex trade.

GBPUSD orders 30 Nov – Underpinned still but sellers poised

Comments Off on GBPUSD orders 30 Nov – Underpinned still but sellers poised

Currently 1.3468 after finding support around 1.3450 earlier
Hopes of Brexit deal still underpinning.
Nice dip to 1.3375 area in NY that I had highlighted yesterday to take profit/buy more longs. Have re-created some small shorts above 1.3470 but not l…

The post GBPUSD orders 30 Nov – Underpinned still but sellers poised appeared first on Forex news forex trade.

USDJPY orders 30 Nov – Underpinned again

Comments Off on USDJPY orders 30 Nov – Underpinned again

Currently 112.44 just on session highs
Yen selling plus USD demand sees the pair underpinned again
I’ll look to sell again if 112.50-60 holds or wait til 80-00 but I’m in no rush
The post USDJPY orders 30 Nov – Underpinned again appeared first on…

Germany Nov unemployment change -18k vs -10k exp

Comments Off on Germany Nov unemployment change -18k vs -10k exp

German Nov unemployment report now out 30 Nov
– -12k prev revised from -11k
– jobless total down to 2.478mln
– unemployment claims rate SA 5.6% as exp/prev
Better than expected jobless report sees EURUSD still around 1.1845 and EURGBP holding 0.88…

The post Germany Nov unemployment change -18k vs -10k exp appeared first on Forex news forex trade.

Create Account



Log In Your Account