Tuesday, February 11, 2014

Forex Fundamental Observation - Week 1 (Feb 2014)

This is fundamental observation based on economic data release to prove that market fluctuations / movements is not entirely based on technical factors. In fact in smaller time frames the market is fluctuating based on 95% the outcome of the economic data versus its previous data. The table and chart shows during economic data release the market will start to make a move temporarily or permanently to target certain support/resistance points.

This analysis have open perspective to a new level of understanding on the Forex market fluctuation and improve effectiveness in practical trades. The question is can you predict where the crowds is thinking to move ahead, when and how much?

Date  Time Currency Economic Data Previous Forecast Actual
3 Feb 2014 11:00 PM USD ISM Manufacturing PMI 57 56.2 51.3


Date Time Currency Economic Data Previous Forecast Actual
3 Feb 2014 5:30 PM GBP Manufacturing PMI 57.2 57.1 56.7

11:00 PM USD ISM Manufacturing PMI 57 56.2 51.3

Date Time Currency Economic Data Previous Forecast Actual
4 Feb 2014 11:30 AM AUD Cash Rate 2.50% 2.50% 2.50%

11:30 AM AUD RBA Rate Statement





















Date Time Currency Economic Data Previous Forecast Actual
4 Feb 2014 5:30 PM GBP Construction PMI 62.1 61.6 64.6


Date Time Currency Economic Data Previous Forecast Actual
5 Feb 2014 9:15 PM USD ADP Non-Farm Employment Change 227K 191K 175K
9:15 PM CAD Building Permits m/m -6.6% 2.3% -4.1%




Date Time Currency Econommic Data Previous Forecast Actual
5 Feb 2014 5:45 AM NZD Employment Change q/q 1.2% 0.6% 1.1%
5:45 AM NZD Unemployment Rate 6.2% 6.0% 6.0%


Date Time Currency Economic Data Previous Forecast Actual
5 Feb 2014 5:30 PM GBP Services PMI 58.8 59.1 58.3

Date Time Currency Economic Data Previous Forecast Actual
5 Feb 20149:15 PM USD ADP Non-Farm Employment Change 227K 191K 175K
11:00 PM USD ISM Non-Manufacturing PMI 53 53.6 54




Date Time Currency Economic Data Previous Forecast Actual
06 Feb 2014 8:30 AM AUD Retail Sales m/m 0.7% 0.5% 0.5%


AUD Trade Balance 0.08B -0.27B 0.47B



Date Time Currency Economic Data Previous Forecast Actual
06 Feb 2014 8:45 PM EUR Minimum Bid Rate 0.25% 0.25% 0.25%

9:30 PM CAD Trade Balance -1.5B 0.7B -1.7B


EUR ECB Press Conference




USD Trade Balance -34.6B -35.8B -38.7B


USD Unemployment Claims 351K 337K 331K



Date Time Currency Economic Data Previous Forecast Actual
7 Feb 2014 9:30 PM CAD Employment Change -45.9K 19.7K 29.4K

9:30 PM CAD Unemployment Rate 7.2% 7.1% 7.0%

9:30 USD Non-Farm Employment Change 75K 185K 113K

9:30 USD Unemployment Rate 6.7% 6.7% 6.6%



Date Time Currency Economic Data Previous Forecast Actual
7 Feb 2014 5:30 PM GBP Manufacturing Production m/m -0.1% 0.6% 0.3%

9:30 PM USD Non-Farm Employment Change 75K 185K 113K

9:30 PM USD Unemployment Rate 6.7% 6.7% 6.6%


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