15.11.2022 12:46
Target levels and forecast for the week 14.11. 18.11
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Target levels and forecast for the week 14.11. 18.11Recall the fundamental events that you need to pay attention to (GMT 0 time):Tue, 15AUD: RBA Meeting Minutes (00:30)CNY: Industrial Production, Unemployment Rate, NBS Press Conference (02:00)JPY: Industrial Production (04:30)GBP: Labor market statistics (07:00)EUR: GDP, Trade Balance, ZEW Economic Sentiment (10:00)NZD: GlobalDairyTrade Price Index (15:00)USD: IEA Monthly Report (09:00); PPI, Core PPI (13:30); API Weekly Crude Oil Stock (20:30)Wed, 16GBP: CPI, PPI Input (07:00); Inflation Report Hearings , BoE Gov Bailey Speaks (14:15)EUR: ECB Financial Stability Review , ECB President Lagarde Speaks (15:00)USD: Core Retail Sales, Retail Sales, Industrial Production (13:30) ; Crude Oil Inventories (+Cushing) (15:30)JPY: Exports, Trade Balance (23:50)Thu, 17AUD: Labor market statistics (00:30)EUR: CPI, Core CPI (10:00)GBP: Autumn Forecast Statement (12:30)USD: Initial Jobless Claims (13:30)Fri, 18GBP: Core Retail Sales, Retail Sales (07:00)EUR: ECB President Lagarde Speaks (08:30)For more news see Economic Calendar.EUR/USDSpeculative purchases are not relevant yet, a technical correction to the parity zone is needed. Strong growth requires new fundamental factors.GBP/USDShort-term purchases can only be opened after a confident breakdown of the 1.19-1.20 zone, otherwise we are waiting for a correction to a strong protection zone of 1.13.USD/JPYA technical correction is needed, but the priority of sales with targets below the 130 zone remains. The yen does not have its own fundamentals, we follow the dynamics of the dollar.XTI/USDThe fundamental background supports purchases, but a breakout of the protection zone with large options is needed for steady growth. A break of the 80.00-90.00 range will determine the global direction for the rest of the year.Profits to yall!
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