The Fundamental FOREX Blog

Tomorrow, Tuesday 08-17-10 at 5:00 AM ET, the EUR German ZEW Survey  Economic Sentiment and EUR – EURO-Zone ZEW Survey Economic Sentiment reports will be released.

The EUR reports are released by the Centre for European Economic Research (ZEW)

I did not enter a trade last month with this news report.

I did a “follow up” of last months report, click here for a review.

The EUR – German ZEW Survey Economic Sentiment appears to have the greatest impact on the market.

Here is what is going on this month:

EUR German ZEW Economic Sentiment Stats:

previous = 21.2

forecast = 20.9

EUR ZEW Economic Sentiment Stats:

previous = 10.7

forecast = 10.6

Here is how I am set up for tomorrow:

EUR-5-00AM-ET-08-17-10
Looking for a 10.0 difference
Actual > Forecast = Good for EUR
EUR German ZEW Economic Sentiment
——actual———-forecast———-previous
________________20.9________21.2
Out at 10.9 or less SELL EUR/USD
Out at 30.9 or more BUY EUR/USD
EUR ZEW Economic Sentiment
_________________10.6_______10.7

It appears that the economists do not believe the EUR German economy is in recovery.

I did post a “follow up” soon after this report was completed, click here to see what happened.

The next schedule release of this report is Tuesday, 09-14-10 at 5:00 AM ET.

I will probably post a “preview” a day or two prior.

Stay tuned!