The True Path of Investment (Bonus Episode 7)
The Path to Investment Mastery (Outtake: Part 7)7)
“FXclosing the gap with late moves?!
When looking at economic indicator event calendars, events such as policy rate decisions and statements occur quite frequently. By using “visibility indicators” and “currency strength indicators” around the timing of these releases,“FXlate-move advantage”can be realized.
1. Case 8(NZDUSD)
September 13, 2022 2022年9月13日21:30JST(), the US CPI (Consumer Price Index) was released.The CPI exceeded market expectations, causing a sharp drop in major US stock indices (CPI shock). The forex market also moved significantly.
The chart below is the 5-minute chart of the “8CP visibility indicatorOceania” before and after the release. The light-blue bold line represents theNZDUSD pair.