EURNZD Potential Short Setup.

2023년 7월 30일

EURNZD Potential Short Setup:

A potential short setup is emerging for the EURNZD pair. The upcoming CPI (Consumer Price Index) data release holds significance as it could act as a catalyst for market movement.

If the CPI comes in lower than expectations, it may trigger a favorable scenario for a short trade on this pair. On the other hand, if the CPI data surpasses expectations, it could potentially open up the possibility of the pair reaching the 1.81 range.

Notably, the recent increase in interest rates by the ECB (European Central Bank) is a factor to consider. However, the ECB's indication of a more defensive stance for the upcoming period might lead to a decline in the euro's strength.

CPI Flash Estimate y/y
Prev: 5.5% Exp: 5.3%

Core CPI Flash Estimate y/y
Prev: 5.5% Exp: 5.4%

2023년 7월 31일

액티브 트레이드

The CPI (Consumer Price Index) has been reported as expected at 5.3. The Core CPI, which is slightly more volatile, came in slightly above expectations but remained at the same level as the previous reading. These results indicate that the euro zone is currently experiencing a disinflationary environment, suggesting that potential rate hikes may not be likely in the near term.

2023년 8월 1일

거래청산: 타겟 닿음

A n 1.5x target was hit, A small leftover part got trailed a few hours later.

Unemployment data incoming.
If it's on the rise, there is a strong probability it will weaken the kiwi.
If it's higher then expectations, things might even get volatile, which might present some nice trades against the kiwi.

2023년 8월 1일

노트

It came in higher then expected, so why not...

2023년 8월 2일

거래청산: 타겟 닿음

Quite the late hours for Euro folks, so just did a 1.5 RR and went to sleep.


Case closed.