Wednesday, August 11, 2021, 14:30 Consumer Price Index (CPI), USD

Wednesday, August 11, 2021, 14:30 Consumer Price Index (CPI), USD Measures change in the price of goods and services purchased by consumers; The Consumer Price Index released by the US Bureau of Labor Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and […]

EUR/AUD: WAITING FOR BULLISH RUN

EUR/AUD: WAITING FOR BULLISH RUN   The common European currency declined by 1.10% against the Australian Dollar last week. The currency pair tested a support level formed at 1.5965 during last week’s trading sessions. However, the price is near the 1.5965 area that is still the main support for the EUR/AUD currency exchange rate from […]

Friday, August 6, 2021, 14:30 Non-Farm Employment Change, USD

Friday, August 6, 2021, 14:30 Non-Farm Employment Change, USD Measures change in the number of employed people during the previous month, excluding the farming industry. This is vital economic data released shortly after the month ends. The combination of importance and earliness makes for hefty market impacts. America’s monthly jobs report is considered the most […]

Thursday, August 5, 2021, 13:00 BOE Monetary Policy Report, GBP

Thursday, August 5, 2021, 13:00 BOE Monetary Policy Report, GBP The report provides the BOE’s projection for inflation and economic growth over the next 2 years. The BOE Governor also holds a press conference to discuss the report’s contents after release. In Nov 2019 source changed the report name from Inflation Report to Monetary Policy […]

Wednesday, August 4, 2021, 14:15 ADP Non-Farm Employment Change, USD

Wednesday, August 4, 2021, 14:15 ADP Non-Farm Employment Change, USD Estimated change in the number of employed people during the previous month, excluding the farming industry and government. This data provides an early look at employment growth, usually 2 days ahead of the government-released employment data that it’s designed to mimic. Job creation is an […]

GDP m/m, CAD

Friday, July 30, 2021, 14:30 GDP m/m, CAD Measures Change in the inflation-adjusted value of all goods and services produced by the economy. It’s the broadest measure of economic activity and the primary gauge of the economy’s health. The Gross Domestic Product released by Statistic Canada is a measure of the total value of all goods and […]

GBP/USD: The second target reached 1.3886

GBP/USD: The second target reached 1.3886   According to our previous publication from 26/07/2021 on GBP/USD and the update we made, the price has reached the second target at level 1.3886, which was recommended in our analyses GBP/USD – Update under Scenario2. Looking at the market condition at the moment, from our way of view, […]

Wednesday, July 28, 2021, 14:30 Consumer Price Index, CAD

Wednesday, July 28, 2021, 14:30 Consumer Price Index, CAD Measures change in the price of goods and services purchased by consumers. The Consumer Price Index Core is released by the Bank of Canada. “Core” CPI excludes fruits, vegetables, gasoline, fuel oil, natural gas, mortgage interest, intercity transportation, and tobacco products. These volatile core 8 are […]

EUR/USD: Bearish selling top in play

EUR/USD: Bearish selling top in play EUR/USD prints minor gains on Monday evening. The pair opened higher but slightly moved lover when the European session started. Point of Control level, once again, played an important resistance role and moved price lower towards the previous Daily low at 1.1712, as a potential bearish target. Euro/dollar has […]

GBP/USD: UPDATE

GBP/USD: UPDATE   According to our previous publication, we are glad to share with you the outcome of GBP/USD. First bull target is reached and straight away followed by taking profit reaction from bulls. Many traders on this occasion choose to place sell order as an opinion respecting resistance level at 1.3800, which is difficult […]