Analysis of trading on Erste News

During the week of August 12-16, trading on Erste News was on the following publications:

August 13th

The data on the consumer price index in the USA was released, which unexpectedly rose to its maximum value over the past year and indicated the strength of the US economy. The restraining factor for the dollar was market restraint.

The growth potential of this pair on the news ranged from 100 to 140 points.

Fig. 1. USD/JPY chart

August 14

Erste News trading took place on UK inflation data. Inflation increased, slowing down the trend. At the same time, this news had a lasting impact on the market due to a change in sentiment on the pound.

The growth potential of this pair on the news ranged from 50 to 100 points.

Fig. 2. GBP/USD chart

Hanzenko Anton