Posts by Currency

This blog attempts to sort through the constant avalanche of information and find the relevant, pertinent data relating to Forex Fundamentals.

This Blog is also the ONLY place on the internet where you will find relevant, sound summaries of the fundamentals of each currency, every week.

In addition I give tutorials on my propeitary method of price action trading.


Friday, January 25, 2013

EUR Economic Analysis

German Ifo Business Climate Survey - Impact: High


Forcast: 103.1 

Previous: 102.4


What is it?

- The German Ifo Business Climate survey is a strong leading indicator of economic health in Germany and the rest of Europe. The survey asks 7,000 businesses about the relative level of current business conditions and their expectations for the next 6 months;

 What's the real-world impact? 

 - Expect the EUR/JPY trend to continue up. 
Current EUR/JPY trend as of this posting. 4H TF. 


Posted by
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)