FinSo
Financialsource Representative
- Messages
- 1
Key points in the above video:
- Purpose of Analyzing Data Points:
- Seeking high probability trading opportunities.
- Identifying market direction.
- Example Opportunity on Canadian CPI Data:
- Analysis of baseline, surprise, and bigger picture.
- Bank of Canada's response to inflation uptick.
- Opportunity presented by potential surprise drop in Canadian inflation data.
- Potential Trades and Outcomes:
- EUR/CAD or USD/CAD upside if a miss in CPI data.
- Immediate long EUR/CAD trade after event.
- USD/CAD trade opportunity with retracement.
- Upcoming Events and Market Analysis:
- New home sales, Japanese CPI data, and US consumer confidence.
- Australian and New Zealand interest rate decisions.
- French and German CPI data.
- US PCE print as a significant event.
- Expectations and Trading Opportunities:
- Potential rate hike by RBNZ.
- Implications for NZD strength.
- US inflation data impact on currency pairs and gold.
- Canadian GDP data and its effect on CAD.
- German PMI data and its significance.
- ISM PMI prints and their importance.
- Key Opportunities:
- RBNZ interest rate decision and US PCE print.
- Updates provided on trading opportunities through a cheat sheet.
