Macro scores: EUR = - 50 AUD = 4 For more info visit logikfx.com
This Week's Fundamental Analysis Logikfx's Macro Currency Strength Meter (MCSM) helps investors quickly see the fundamentals for each currency in the coming week. Save time, trade better. For Week 38 in 2022 Strong Currencies : SGD = 25 (+25), NZD= 47 (+20), ZAR = 29 (+24) ... See more Weak Currencies: EUR = -27 (-5), GBP = -3 (-3), JPY = -27 (-15) ......
Macro Currency Strength GBP = 21(+7) ZAR = -24 (-24) COT Report Lev Funds GBP = Long (slightly dec) ZAR = NA GDP Differentials = -1.2% (2022 forecast) IR % Differentials = -3.4% Weekly Price Trend = Long Overall, based on fundamental strength, price trend, and COT a Long on GBPZAR looks favourable. BUT as interest rates, and GDP growth rates showing...
Europe is looking at generating a strong vaccine roll out which will help the EU recover faster than expected. The most interesting figures from European Commission show a projected growth of 3.8% moving into 2021 and 2022. This bullish European sentiment is a great sign for a potential bullish move in the EURJPY exchange rate. Below is a full summary of the...
Macro Currency Strength = Short Bias GBP = -7 USD = 28 Net GDP Growth Diff = Short Bias -2.5% (2022 forecast from IMF) GBPUSD vs WTI = Long Bias 78% positive correlation, WTI is rising as of recent, therefore long bias GBPUSD vs FORD = Long Bias 68% positive correlation, Ford is longing, therefore long bias Interest Rate Differential = Short Bias GBP...
EUR = strengthening CHF = weakening GDP diff = short Exports Analysis = Long IR% Diff = long Stock Index = Long EUR OI Hedge Funds = Long CHF OI Hedge Funds = Long TA = Long Majority = Long The euro area has had an interesting start to 2021. The latest GDP figures show the big four European economies beat expectations in terms of growth. The main areas include...
Macro currency scores: GBP = -21 CHF = 18 CFTC still yet to update the latest Commitments of traders data. If it continues to support this idea, the short trade is live.
Macro scores GBP = -28 AUD = 25 COTA GBP = Decreasing AUD = Increasing Trend Down (congesting) SL Approx 1.87 Target 1 Approx 1.65
Fundamentally speaking the odds are stacked against USD and towards the safe haven Yen. Macro scores USD = -6 JPY - 23 GDP Diff = Short bias IR% Diff = Short bias International Trade = Short bias Stock Market = Short bias Timing: USD COT = Short JPY COT = Neutral Trend = Short
Macro fundamental scores: NZD - 7 JPY 62 Commitments of Traders (Hedge Fund Positions) NZD Short USD Long
LogicStrategy Fundamentals 24/05 NZD Negative LogicStrategy Flip - This is where the Logikfx scores shift from net positive to a net negative on NZD 28/06 USD Positive LogicStrategy Flip - Logikfx scores shift from net negative to net positive on USD Insider Information Hedge Funds Nets Long USD since 2018 24/06 NZD Negative COTA Flip - Hedge Funds positions...
LogicStrategy Scores are showing favourable signs of a GBPCHF long. (LogicStrategy = 24) GBP Important Fundamental Considerations for a Long Bias - Public net borrowing was less than forecast, indicating cable has a stronger potential than expected - Consumer price index has seen a positive change than previously YoY - The property market is showing signs of...
There has been a huge positive shift in the U.K economic readings on the LogicStrategy. I would advise to wait for candlestick confirmations and keep a keen eye on further political agenda. Fed has shown indication of inflationary policies, meaning a depreciation in the U.S dollar is a potential. The tariffs on China are signs of a deflationary outlook, so with...
LogicStrategy Scores: EUR = -27 , showing recent contractions and shifts to a weaker economic outlook. CHF = 36 , showing consistent strength for an extended period.
LogicStrategy Scores AUD Short Bias - Huge -21 shift CAD long Bias - Continued strength with a +15 shift TA - In a confirmed sell off price band - low breaks - Evening Stars
GBP Short Bias - LogicStrategy Quant score seen consecutive days of economic contraction for Great Britain. (-7) on the 26/03 and (-4) on the 27/03 CHF Long Bias - LogicStrategy Quant scores saw a huge (+25) shift from 38 to 63 - showing continual swiss strength. This idea suits the uncertain agenda for the british economy - with the institutions moving cash...
USD Short Bias - Quant score shift of -10 to give a total score of -3 DKK Long bias - Quant shift of + 16 to give a total of 33 TA Sell Zone Congestion Low Break