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 2014	9:15 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%