Monday, Jan 26
EUR ::: Hellenic Parliament Elections
The victory of Syrize from the left wing party in Greece this weekend, mean a roll back from painful austerity measures imposed during years of economic crisis which might lead to a total exit for Greece from the Euro project. Before closing last week during 48 last hours EURUSD collapse from 1.16 reaching till now 1.11 as sign on chart that the majority of traders are abandoning or selling the Euro. SNB decision in Jan 2015 might be the first sign of a big crisis as a critical challenge for Euro right now to survive.
EURUSD might surprise everyone with a correction before March 2015, yet in case Syrize won & Greece started the procedure to exit the Euro project, that exit might trigger mor exits from other members in the same project.
Tuesday, Jan 27
GBP ::: Gross Domestic Product (YoY) (Q4)
GBP ::: Gross Domestic Product (QoQ) (Q4)
The market is expecting a red number for UK GDP as a decrease from 0.7% to 0.6% which might trigger a new bearish wave on GBPUSD chart. On the other hand in case the number came in green then GBPUSD might benefit from that to recover up.
GBPUSD during the last 48 hours before closing did fall from 1.52 reaching till now 1.49, & a red number from UK might let GBPUSD retest the historical support 1.48 & might take the price of GBPUSD under that level. On the other hand in case the number came in green then GBPUSD might retest psycho level 1.50 & might hold above it.
USD ::: Durable Goods Orders (Dec)
USD ::: Consumer Confidence (Jan)
The market is expecting A green numbers from NY for both economic events, & in case that happened then the market might dive more giving strength for the US Dollar. On the other hand in case the number came in red then the US Dollar might show weakness & majors might benefit from a short correction.
Wednesday, Jan 28
AUD ::: Consumer Price Index (YoY) (Q4)
The market is expecting a red number from Sydney as a decrease from 2.3% to 1.8% & in case that happened AUDUSD might dive & hold under 0.80 resis level for a time. During the last 48 hours before closing AUDUSD collapsed from 0.81 reaching till now 0.78 showing that the BOA don't mind AUDUSD to fall under 0.80 level. On the other hand in case the number came in green then AUDUSD might retest 0.80 & try to hold above it.
USD ::: Fed Interest Rate Decision
USD ::: Fed's Monetary Policy Statement
From Dec 2008 & the Fed Interest Rate is at 0.25%, the current year 2015 showed a will from central banks to adjust interest rates & the Fed might be influenced by all this actions & might change the 0.25% number & during this event our chart might tremble from a wave created after Interest Rate Decision release.
Thursday, Jan 29
EUR ::: Unemployment Change (Jan)
EUR ::: Unemployment Rate s.a. (Jan)
The market is expecting a red number from Germany, in case that happened EURUSD might face more pressure to fall to new deeper levels. On the other hand if the number came in green then EURUSD might correct as attempt to hold this aggressive fall.
Friday, Jan 30
EUR ::: Consumer Price Index - Core (YoY) (Jan)
EUR ::: Consumer Price Index (YoY) (Jan)
The market is expecting a red number, in case that happened then EURUSD might fall more at the end of the week, in case EURUSD didn't hold above 1.10 we might be seeing on our charts next Friday EURUSD price under 1.10
