Trade of the Day: EUR/JPY
By: Dima Chernovolov EUR/JPY continues to rise inside the 4-hour Triangle chart pattern which was earlier identified by Autochartist.
Market Analysis
DELKOS BREAKING NEWS: 80% probability that EURUSD will trend up for the next few hours.
The latest DE Ifo Business Climate number has been released as 97.4.
DELKOS 80% probability that EURUSD will trend up on Monday 24 Jun at 08:00 AM GMT if the DE Ifo Business Climate number is greater than 97.3.
This Monday 24 Jun at 08:00 AM GMT the latest DE Ifo Business Climate number will be released.
Monday 24th June: Weekly technical outlook and review.
Key risk events today:
RBA Gov Lowe Speaks; German IFO Business Climate; New Zealand Trade Balance.
Trade of the Day: EUR/NZD
By: Dima Chernovolov
EUR/NZD continues to rise inside the 4-hour Up Channel chart pattern which was earlier identified by Autochartist.
DELKOS 77.77% probability that USDJPY will trend up on Friday 21 Jun at 02:00 PM GMT if the US Existing Home Sales number is less than 5.25M.
This Friday 21 Jun at 02:00 PM GMT the latest US Existing Home Sales number will be released.
DELKOS 72.72% probability that GBPUSD will trend down on Friday 21 Jun at 07:30 AM GMT if the DE Markit Manufacturing PMI Flash number is less than 44.5.
This Friday 21 Jun at 07:30 AM GMT the latest DE Markit Manufacturing PMI Flash number will be released.
Friday 21st June: Increased demand for safe-haven assets as the dollar continues to grind south.
Key risk events:
French Flash Services PMI; French Flash Manufacturing PMI; German Flash Manufacturing PMI; German Flash Services PMI; EUR Flash Manufacturing PMI; EUR Flash Services PMI; US Flash Manufacturing PMI; FOMC Member Brainard Speaks; UK Public Sector Net Borrowing; MPC Member Tenreyro Speaks; Canadian Core Retail Sales m/m; Canadian Retail Sales m/m.
DELKOS BREAKING NEWS: 83.33% probability that AUDUSD will trend down for the next few hours.
The latest JP Inflation Rate YoY number has been released as 0.7%.
DELKOS 75% probability that AUDUSD will trend up on Thursday 20 Jun at 11:30 PM GMT if the JP Inflation Rate YoY number is greater than 0.7%.
This Thursday 20 Jun at 11:30 PM GMT the latest JP Inflation Rate YoY number will be released.