today i will inform to you about my prediction and my self analyst about Newyork market. In this case, base on US Economy data that i have share here, and base on my crazy prediction, i have earn profit about 20 pips at last my trading positions.
Now i will try to learn fundamental news. I have read that U.S. Dollar was observed to move positively confront the announcement Census Bureau (U.S.) regarding recent developments of non-retail transportation, which is expected to give a positive signal on the U.S. macro economy consumer sector. And this information can give our prediction that EU will have fall and better we set SELL for trading positions..
As i read from several trading website, that info about US economic information it was Indicators of economic fundamentals Core Retail Sales m / m in July performance is expected to show good performance and indicators expected to be increased to 0.4%. So it mean US will more strong for this week.
I have read that Vibis Consulting Analysts suggests fundamental forex analysis daily rate that the normal range of movement Pound U.S. Dollar index is estimated to have a support level at 80.85 and resistance level at 81.37. That just prediction from Vibis Consulting Analyst
That mean, U.S. dollar index was up channeling patterns and tends to rise throughout this year. Technical indicators show rising momentum and the formation of a new bullish phase. And fundamental also indicate the same position for EU in this week.
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