AUD STRENGTH
- On the 20/02/2019 The Conference Board leading index forecasted an expansion on the Australian economy. This leads to a slight long bias on AUD.
- The Logikfx score also shows a strong reading at 20, increasing from 0 earlier in the week. This strength shift indicates a potential change in cash flow to the Aussie economy.
EUR WEAKNESS
- on the 22/02/2019 the German IFO Institue for Economic Research released a lower than expected score. It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment.
- Logikfx score for EUR is sitting at -31 showing a contracting economy.
Technical Formations
- The combination of trendline hits and evening start formations sets up for an excellent short opportunity.
Trade already entered, waiting for final TP area to be hit.
- On the 20/02/2019 The Conference Board leading index forecasted an expansion on the Australian economy. This leads to a slight long bias on AUD.
- The Logikfx score also shows a strong reading at 20, increasing from 0 earlier in the week. This strength shift indicates a potential change in cash flow to the Aussie economy.
EUR WEAKNESS
- on the 22/02/2019 the German IFO Institue for Economic Research released a lower than expected score. It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment.
- Logikfx score for EUR is sitting at -31 showing a contracting economy.
Technical Formations
- The combination of trendline hits and evening start formations sets up for an excellent short opportunity.
Trade already entered, waiting for final TP area to be hit.
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Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.