Date | Wednesday 18th January 2023 |
Time | 13:30 |
USD PPI MoM is released prior to the open of the US session.
There is a large amount of USD data released at this time and therefore we will add USD PPI YoY and USD Retail Sales MoM as conflicts.
We are looking for a divergence of +/-0.2. If this is hit then we will be looking for a 50+ pip spike.
What happened last time?
USD PPI MoM – 22-12-09 | |
Time | 13:30 |
Forecast | 0.2 |
Actual | 0.3 |
Deviation | +0.1 |
One minute spike | 99 pips |
How we setup
Main Event | USD PPI MoM |
Market | USD/JPY |
Deviation | +/-0.2 |
Prior | 0.3 |
Forecast | -0.1 |
Triggers |
Buy >0 Sell <-0.2 |
Conflict 1 | USD PPI YoY |
Prior | 7.4 |
Forecast | 6.8 |
Triggers |
Buy >6.8 Sell <6.8 |
Conflict 2 | USD Retail Sales MoM |
Prior | -0.6 |
Forecast | -0.8 |
Triggers |
Buy >-0.8 Sell <-0.8 |