hello ladies and gentlemen, I hope you are all doing well. We have started a positive Tuesday; the analysis of the news was correct, causing a complete upward rise. With this, I wish you a happy day and hope everything goes well for you.
Don't be afraid to ask any questions; I will be attentive to your comments?
02 /September Happy day to all we are going to analyze the news(9 am Colombia time)USD PMI of manufacturing ISM. Level of a diffusion index based on purchasing managers surveyed in the manufacturing industry. Why the traders Care? It is a leading indicator of economic health: companies react quickly to market conditions and their purchasing managers perhaps have the most current and relevant view of the company's economy, the survey of about 300 purchasing managers in which respondents are asked to rate the relative level of business conditions, including employment, production, new orders, prices, supplier deliveries, and inventories; Also called ISM Report on Business in the manufacturing sector;. Effect: it is good for the currency. The other news is of less impact on the market as market analysis can give a good rise.
Greetings to everyone, hoping that you are all doing very well. Today, Monday, September 1st, we start with this month which tends to be a month more inclined to decline, having relatively stable futures in the market. Remembering that today is Labor Day in the United States, a holiday where the spot market is closed, but you can see the derivatives market that is trading. What was the most important news we have? * The appeals court will confirm that most of the tariffs imposed by the Trump administration are illegal, but they remain in effect, and the judicial process is ongoing. However, uncertainty continues, and we know that the Trump administration has quite a bit of power to maintain or at least begin to delay the process of a possible suspension of the tariffs. * The United States is revoking permits for Intel and Samsung to receive manufacturing equipment. * China is seeing a decline in housing sales in August. * The manufacturing PMI remains in contraction at 49.4. In this case, Asian markets are trading somewhat higher, with attention primarily focused on the significant increase that Alibaba has seen, which has improved the outlook regarding artificial intelligence for China. * Ukraine continues to intensify attacks against the Russian refinery. We are still seeing a scenario of escalation at the geopolitical level, where we begin to distance ourselves from the summit we saw with Pence-Trump. Well, folks, I leave everything here; you can see more things, but I don't have time to argue everything. I hope everyone has a happy start to the month.
What is the general outlook we have on the Colombian peso that could approach the region of 4,078 and maintains that Range structure can be an environment now that we see an increase and have a more bullish opening for the Colombian peso, the Range structure with which the Colombian peso is moving is 4,013 and also 4,060. We do not rule out that it may have a more bullish opening for the Colombian peso that could bring it closer at least in the short term to the region of 4,030.
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The only thing I can tell you is that I placed a closing point to reduce the loss of your capital, and if you don't know what to do, I publicly analyze currencies. Have a good day.
hasan alhindawi
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August 28 For the eur/usdt: We have a bearish trend already from a figure of high amplitudes of the euro dollar and all that significant impulse movement, so what we could currently do is take two extremes or also a lateral range, this could provide a good entry for buying, it may hold a little longer, it might reach 1.1712, from there it could make a profit point or directly wait for the lateral movement to go down.
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August 27 For you/MXN The Mexican peso, for its part, approached the minimum of 18.52, respects the support, and is beginning to seek the structure of 18.77, these resistance zones, which is a level where downward pressure could re-enter, favorable for the Mexican peso.
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