Eren_Jaeger_Trader

Eren_Jaeger_Trader Updated 

Fundamental Quant scores: USD: +8 MXN: -6 Recent economic data suggesting USD strength in the future, on the flip side MXN data has been negative.

Eren_Jaeger_Trader

Fundamentals suggesting potential reversal for GBP. Technical daily morning star, common reversal price action. Followed by a weekly distribution zone over long term could see smart money buyers.

Eren_Jaeger_Trader

Fundamental LogicStrategy Scores: - Strong signs for CAD +22 - Weaker signs for CHF -27 CAD Fundamentals: - Retail sales 1.1% increase by 0.1% - Core retail sales increased by 1% massive jump for consumer consumption towards GDP - Manufacturing sales 2.1% increased from -0.2%, this is a big component for exporters, more sales meaning higher consumption...

Eren_Jaeger_Trader

Fundamentals picking up for GBP with a falling price. This shows the intrinsic value of GBP is yet to be priced in, waiting on technical confirmations before entry. Waiting for: - Candle formations - Higher Highs Any confirmation towards the upside.

Eren_Jaeger_Trader

Fundamentals suggesting strengthening signals for GBP as the scheduled data releases all higher than previous. Waiting on a technical entry, too early to jump in. Be patient and wait for a confirmation for higher success.

Eren_Jaeger_Trader Updated 

Fundamentals: LogicStrategy Quant scores shifting in favour of GBP, compared to the weak score provided for CHF. - This was following the recent decrease in unemployment in the UK down to 3.8% from 3.9%. - CHF PPI dropping significantly to 0% with a forecast of 0.2% - CHF retail sales dropped significantly this month, down to -0.7% - SVME PMI down for CHF to...

Eren_Jaeger_Trader

CHF fundamental data isn't looking great, however, the recent trade talks may push the CHF higher as investor sentiment flocks to safer currencies. Will emotion take control of price or will the weak underlying value of the CHF take into effect on the price.

Eren_Jaeger_Trader

The recent trade negotiations could cause an upwards thrust in USD if all economies agree to a deal by the end of the month. Additionally, the quant scores suggesting some longer term leading strength until otherwise.

Eren_Jaeger_Trader

Technicals provided on chart Fundamentals LogicStrategy quant scores suggesting a reversal in EURNZD. Potential high risk trade idea going against the recent trend. Safest stop looks like 1.7195 however with greatly reduced reward.

Eren_Jaeger_Trader Updated 

EUR has been hit with weeks of negative economic data. CHF on the other hand has been seen with positive data. This is a great swing opportunity over the coming week.

Eren_Jaeger_Trader Updated 

Zar Fundamental Quant Score: +33 - Retail sales grew to 1.2% showing consumer confidence in South Africa - PPI breached forecsats by 0.1% which is healthy for producers - Interest rate decisions had no signs of dovish action so investor money flow should continue flowing into South Africa - Trade balance showing a huge surplus Technical Analysis - Daily Sell...

Eren_Jaeger_Trader Updated 

USD Fundamentals Fundamental Quant Scores dipped to a negative -3 - Continuuing Jobless claims increased by 6,000 suggesting more US citizens are claiming credit to help support their lifestyle. - Latest GDP for Q4 showed a less than forecast outcome missing it by 0.2% - Pending Home sales a huge leading indicator dropped to -1% when forecast to stay above 0 -...

Eren_Jaeger_Trader Updated 

If you get involved in provocative acts, saying ‘foreign currencies will strengthen, this will happen, that will happen’, you will pay a very heavy price - Erdogan TRY Fundamental Quant Score +60 USD Fundamental Quant Score -4 Investors seek reforms, fear populism Lira initially weakened 2.5 percent Shares rise 1 percent (Updates lira, adds London...

Eren_Jaeger_Trader

USD - Quant Scores shifted against USD by 10 points which suggests more weakness to come next month - Building permits and housing starts much less than forecast which can affect many other factors of growth such as jobs, lending and business confidence - Consumer Confidence heavily lower than forecast suggesting the US consumers are less confident in the...

Eren_Jaeger_Trader

USD - Quant Scores shifted against USD by 10 points - Building permits less than forecast showing a potential slowdown in approved housing - Supported by a negative result in housing starts which can affect many other factors of growth such as jobs and money supply - Consumer Confidence heavily lower than forecast suggesting the US consumers are less confident in...

Eren_Jaeger_Trader Updated 

Possible setup here on a technical basis. Daily trendline Resistance off the current area of supply Fundamentals weak for NZD, slgihtly strong for USD

Eren_Jaeger_Trader

What do you guys think? Fundamental Scores are in favour of USD right now. CZK has a weak score which can be seen as a sign to long USD/CZK. Breakout seems viable, already moved with me.

Eren_Jaeger_Trader

Strong fundamentals in favour of EUR - CAD NAFTA Agreement with US likely to have less trade due to reduced investment in the US - FOMC mentioned in their recent statement that they would not raise rates, investors will seek to move money into other securities to find higher returns on investments - This hurts Canadas economy due to US being a major trade partner