Fundamentals
- Hun core inflation above MNB target -> rate increase probably in March
- wage growth steadily above 10%
- GDP growth above expectation, 5% yoy
The eco picture resembles scenario the Czech case from 2017 where the central bank started raising rates (wage pressure, inflation, housing prices) and the korona strengthened 6-7%.
Technical
- EURHUF short trend
- 318 resistance tested, move above rejected -> next support weekly 200 DMA @ 313
Trade plan
- EURHUF short opened, carry in favor
- Be patient, next rate decision 26th Feb
- Hun core inflation above MNB target -> rate increase probably in March
- wage growth steadily above 10%
- GDP growth above expectation, 5% yoy
The eco picture resembles scenario the Czech case from 2017 where the central bank started raising rates (wage pressure, inflation, housing prices) and the korona strengthened 6-7%.
Technical
- EURHUF short trend
- 318 resistance tested, move above rejected -> next support weekly 200 DMA @ 313
Trade plan
- EURHUF short opened, carry in favor
- Be patient, next rate decision 26th Feb
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.