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Sanju777 predicted bearish impact of IFO - Business Climate in the Fundamental analysis Contest

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Sanju777 predicted bullish impact of Trade Balance in the Fundamental analysis Contest

Expecting better value than forecasted value and current market sentiment towards NZD. Renewed USD selling pressure helps regain positive traction at the start of a new week.Fresh US-China trade tensions might now turn out to be the only factor capping gains
.fresh jitters from the US-China trade front might help limit further USD weakness and might turn out to be the only factor keeping a lid on any strong follow-through up-move for the major, at least for the time being by considering all I bet on NZD.

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Sanju777 predicted bullish impact of RBNZ Interest Rate Decision in the Fundamental analysis Contest

No change to rate decision but traders are eager to see if recent improvements in economy will be enough to keep the RBNZ squarely neutral. When the central bank met last month, they pushed back their forecast for a rate increase to early 2021 but NZD soared after RBNZ Governor Orr said the chance of easing has not increased and noted that growth should pick up. Since then, manufacturing, business and consumer confidence slowed but credit card spending, trade activity, growth, prices and home sales are on the rise. so bet on NZD.

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Sanju777 predicted bullish impact of International Merchandise Trade in the Fundamental analysis Contest

On the same time we have news from both US and Canada and all of them expected to miss forecast so its difficult to bet on the pair by considering current market sentiment and technical analysis i bet on USD. Both currency is weak because Weaker oil prices weigh on commodity-linked Loonie and sharp fall in the US bond yields undermines the USD and seemed to cap gains.US yield curve inversion, wherein 3-month bills are yielding more than 10-year government bonds - seen as a key signal of an impending recession in the world's top economy.

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Sanju777 predicted bullish impact of Gross Domestic Product Annualized in the Fundamental analysis Contest

Expecting better value than forecast value and current market sentiment as well towards USD and technical analysis also supporting USD and An inverted yield-curve in the US triggering concerns about an upcoming recession in the world's largest economy added fuel to the fire but still in short term we an easily bet on the pair.Europe released the March Economic Sentiment Indicator, which resulted at 105.5 vs. the previous 106.2, another sign of the ongoing economic downturn. The report cooled the positive mood but so far didn't revert it and in long term i bet on JPY as its safe heaven.

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Sanju777 predicted bearish impact of Pending Home Sales in the Fundamental analysis Contest

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Sanju777 predicted bearish impact of Tokyo CPI ex Fresh Food in the Fundamental analysis Contest

On the same time we have multiple news and most of them expected to have better value than forecasted value and current market sentiment towards USD but
Tokyo inflation is seen steady in March, Industrial Production expected to have dropped again and the real GDP in the U.S. is expected to expand by 1.9% in the fourth quarter on a quarterly basis. The US Dollar Index, which rose to a three-week high so by considering all I bet on JPY.

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Sanju777 predicted bearish impact of Private Sector Credit in the Fundamental analysis Contest

Expecting same or less than forecasted value and current market sentiment towards USD and technical analysis also supporting the USD and With the global markets now showing some initial signs of stability, especially after the recent weakness triggered by lingering fears of slowing economic growth, investors now await more details on the progress in the US-China trade negotiations for some meaningful impetuses so by considering all these I bet on USD.

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Sanju777 predicted bullish impact of Retail Sales in the Fundamental analysis Contest

Expecting better value than forecasted value by considering previous history and current market sentiment towards EUR and Pair will bounce back last time and waiting for better economics to bounce but in long term i bet on USD becauseEuropean Central Bank (ECB) responded by adopting a dovish stance earlier this month. While the bank pushed out rate hike plans to 2020, the markets are increasingly speculating that the central bank will have to do away with tightening plans and cut interest rates again.

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Sanju777 predicted bullish impact of Unemployment Change in the Fundamental analysis Contest

Expecting better employments by considering previous history and current market sentiment towards EUR and from technical perspective as well Pair is supporting range and have a chance of bouncing back but Germany's export-driven economy has slowed down considerably over the last six months, courtesy of trade tensions and weak global
demand conditions. Notably, its economic performance in 2018 was the weakest in five years and the first three months of 2019 have
offered little relief in long term I bet on USD.