Daily Fundamental Forecast Feb 27 2015

forex13 oe0f4i min
forex13 oe0f4i min
  • German Consumer Price Index (CPI)  (MoM) (Feb) at 13:00

Outlook in German CPI (MoM) (Feb) remains on the downside as long as -0.3% resistance holds . At this point we have 2 scenarios for this indicator :

  1. A reading below – 0.3% levels will the EUR under pressure and further decline is likely …
  2. A reading above -0.3% levels will rebound – limited gains – for the EUR before the next possible fall..

 

  • US  Gross Domestic Product (GDP) (QoQ) (Q4) at 13:30

Outlook in US GDP (QoQ) (Q4) remains on the upside as long as 2.4% level holds . At this point we have 3 scenarios :

  1. A reading above the 2.4% will bring bullish move for the USD..
  2. A reading above the 5.0% will bring strong bullish move for the USD…
  3. A reading below 2.4% will bring a corrective pullback – limited losses – for the USD before the next rise..

* All times are GMT

You may follow events live at : http://goo.gl/LOceky

 

MARKET DATA

UPCOMING ECONOMIC EVENTS

3 COMMENTS

  1. Do you mind if I quote a few of your articles as long as I provide credit and sources back to your website? My website is in the very same area of interest as yours and my users would certainly benefit from some of the information you provide here. Please let me know if this okay with you. Thanks a lot!

  2. Hello, every time i used to check website posts here early in the break of day, since i love to find out more and more.|

Comments are closed.