The analysis of the strengths and expected weakness of currencies for the week beginning on March 23, indicates that the American Dollar will remain strong relative to other currencies, being the currency with higher expected weakness Japanese Yen, followed Aussie.
| Level | Strong | Score | Weak | Score |
|---|---|---|---|---|
| 1 | USD | 6 | JPY | -7 |
| 2 | CHF – GBP | 4 | AUD | -5 |
| 3 | NZD | 2 | CAD - EUR | -2 |
Maximum
Strength Level 7 minimum 1. Weakness maximum level -7, minimum -1
Own
calculations made using the weekly charts from FXCM TSII
As always, we must be aware of the economic news we have planned to deliver in the week, which could have an effect on the behavior of currencies by high expected volatility, such as:
| GMT-4 | Country | currency | Event | Vol. | Consensus | Previous |
|---|---|---|---|---|---|---|
| TUESDAY, MAR 24 | ||||||
| 05:30 | UK | GBP | Core Consumer Price Index (YoY) (Feb) | Hig | 1.3% | 1.4% |
| 05:30 | UK | GBP | Consumer Price Index (YoY) (Jan) | Hig | 0.1% | 0.3% |
| 08:30 | US | USD | Consumer Price Index (YoY) (Feb) | Hig | -0.1% | -0.1% |
| 08:30 | US | USD | Consumer Price Index Ex Food & Energy (YoY) (Feb) | Hig | 1.6% | 1.6% |
| WEDNESDAY, MAR 25 | ||||||
| 08:30 | US | USD | Durable Goods Orders (Feb) | Hig | 0.2% | 2.8% |
| THURSDAY, MAR 26 | ||||||
| 09:30 | CA | CAD | BoC Governor Poloz Speech | Hig | ||
| 19:30 | JP | JPY | National Consumer Price Index (YoY) (Feb) | Hig | 2.4% | |
| FRIDAY, MAR 27 | ||||||
| 08:30 | US | USD | Gross Domestic Product Annualized (Q4) | Hig | 5% |
Analyze and study the price action and have the best week of possible trade
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