EURAUD: 1:3 Risk Reward SHORT
AUD:
- 20/02/2019 The Conference Board leading index forecasted an expansion on the Australian economy. This leads to a slight long bias on AUD.
- AUD strong fundamental 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:
- 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.
- Fundamentals 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.
- Candlestick formations such as Tweezer tops are also present.
- 20/02/2019 The Conference Board leading index forecasted an expansion on the Australian economy. This leads to a slight long bias on AUD.
- AUD strong fundamental 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:
- 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.
- Fundamentals 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.
- Candlestick formations such as Tweezer tops are also present.
ملاحظة
Trade beat expectations, HEAVY AUD strength and EUR weakness. Possible to now scale out
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.