Press review - page 689

 

EUR/USD Intra-Day Fundamentals: German Industrial Production and range price movement 

2020-12-07 07:00 GMT | [EUR - German Industrial Production]

  • past data is 2.3%
  • forecast data is 7.7%
  • actual data is 3.2% according to the latest press release 
if actual > forecast (or previous value) = good for currency (for EUR in our case)

[EUR - German Industrial Production] = Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.

==========

From official report :

  • "+3.2% on the previous month (price, seasonally and calendar adjusted)"
  • "-3.0% on the same month a year earlier (price and calendar adjusted)"

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EUR/USD: range price movement by German Industrial Production  news event

EUR/USD: range price movement by German Inductrial Production  news event

==========

Chart was made on MT5 with BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:

All about BrainTrading system for MT5:

Economic calendar - real-time news and reports, as well as the schedule of forthcoming world economy events
Economic calendar - real-time news and reports, as well as the schedule of forthcoming world economy events
  • www.mql5.com
Economic calendar includes most important economic indicators and events from ministries and agencies of different countries. The Calendar is useful for traders in the forex market, stock exchanges and other financial markets.
 

EUR/USD Intra-Day FundamentalsEuropean Union Employment Change and range price movement 

2020-12-08 10:00 GMT | [EUR - European Union Employment Change]

  • past data is 0.9%
  • forecast data is 0.9%
  • actual data is 1.0% according to the latest press release 
if actual > forecast (or previous value) = good for currency (for EUR in our case)

[EUR - European Union Employment Change] = Change in the number of employed people.

==========

From official report :

  • "The number of employed persons increased by 1.0% in the euro area and by 0.9% in the EU in the third quarter of 2020, compared with the previous quarter. These were the strongest increases observed since time series started in 1995. In the second quarter of 2020, employment had decreased by 3.0% in the euro area and by 2.8% in the EU."

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EUR/USD: range price movement by European Union Employment Change news event

EUR/USD: range price movement by European Union Employment Change news event

EUR/USD: range price movement by European Union Employment Change news event

==========

Charts were made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

==========

Same systems for MT4/MT5:

The beginning

  1. ASCTrend system, the beginning, part #1
  2. ASCTrend system, the beginning, part #2
  3. ASCTrend system, the beginning, part #3
  4. ASCTrend system, the beginning, part #4 
  5. Digital ASCTrend (Digital Filters with ASCTrend system combined).
  6. LabTrend (LabTrend indicators, LabTrendZigZag, templates, Labtrend EAs) - the thread

After 

  1. The main AscTrend thread is this one.
  2. Asctrend indicator in depth 
  3. ASCTREND SYSTEM summary (good EAs included) 
  4. Brainwashing system/AscTrend system (MT5) - the thread 
Economic calendar - real-time news and reports, as well as the schedule of forthcoming world economy events
Economic calendar - real-time news and reports, as well as the schedule of forthcoming world economy events
  • www.mql5.com
Economic calendar includes most important economic indicators and events from ministries and agencies of different countries. The Calendar is useful for traders in the forex market, stock exchanges and other financial markets.
 

USD/CAD Intra-Day FundamentalsCanada Overnight Rate and BoC Rate Statement

2020-12-09 15:00 GMT | [CAD - BoC Overnight Rate]

  • past data is 0.25%
  • forecast data is 0.25%
  • actual data is 0.25% according to the latest press release

if actual > forecast (or previous good for currency (for CAD in our case)

[CAD - BoC Overnight Rate] = Interest rate at which major financial institutions borrow and lend overnight funds between themselves.

==========

From official report :

  • "The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank is maintaining its extraordinary forward guidance, reinforced and supplemented by its quantitative easing (QE) program, which continues at its current pace of at least $4 billion per week."

==========

USD/CAD: range price movement by BoC Overnight Rate news event 

USD/CAD: range price movement by BoC Overnight Rate news event

USD/CAD: range price movement by BoC Overnight Rate news event

==========

Chart was made on MT5 with BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:

All about BrainTrading system for MT5:

Economic Calendar – forex calendar with real-time forex news and reports, schedule of forthcoming world economy events
Economic Calendar – forex calendar with real-time forex news and reports, schedule of forthcoming world economy events
  • www.mql5.com
Economic Calendar – forex calendar with real-time forex news and reports, schedule of forthcoming world economy events. Economic calendar includes most important economic indicators and events from ministries and agencies of different countries. The Calendar is useful for traders in the forex market, stock exchanges and other financial markets.
 

U.S. Commercial Crude Oil Inventories news event: intra-day bearish breakdown; 48.46 is the key support level

2020-12-09 15:30 GMT | [USD - Crude Oil Inventories]

  • past data is -0.7M
  • forecast data is -0.6M
  • actual data is 15.2M according to the latest press release

[USD - Crude Oil Inventories] = Change in the number of barrels of crude oil held in inventory by commercial firms during the past week.

==========

"U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 15.2M million barrels from the previous week."

==========

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events 

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events

==========

Charts were made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

==========

Same systems for MT4/MT5:

The beginning

  1. ASCTrend system, the beginning, part #1
  2. ASCTrend system, the beginning, part #2
  3. ASCTrend system, the beginning, part #3
  4. ASCTrend system, the beginning, part #4
  5. Digital ASCTrend (Digital Filters with ASCTrend system combined).
  6. LabTrend (LabTrend indicators, LabTrendZigZag, templates, Labtrend EAs) - the thread

After

  1. The main AscTrend thread is this one.
  2. Asctrend indicator in depth
  3. ASCTREND SYSTEM summary (good EAs included)
  4. Brainwashing system/AscTrend system (MT5) - the thread
EIA Crude Oil Stocks Change - economic indicator from the United States
EIA Crude Oil Stocks Change - economic indicator from the United States
  • www.mql5.com
EIA Crude Oil Stocks Change is included in the weekly report issued by the Energy Information Administration of the US Department of Energy. It presents the number of barrels of commercial crude oil held by US companies. EIA includes this report into Weekly Petroleum Status Report (WPSR) along with other information on supplies, stocks and...
 

GBP/USD Intra-Day Fundamentals: UK Gross Domestic Product (GDP) and range price movement  

2020-12-10 07:00 GMT | [GBP - GDP]

  • past data is 1.1%
  • forecast data is 0.6%
  • actual data is 0.4% according to the latest press release

if actual > forecast (or previous value) = good for currency (for GBP in our case)

[GBP - GDP] = Change in the total value of all goods and services produced by the economy.

==========

From official report :

  • "GDP grew by 0.4% in October 2020, the sixth consecutive monthly increase, although growth has slowed in recent monthsMonthly index, January 2007 to October 2020, 2018 = 100."

==========

GBP/USD: range price movement by UK Gross Domestic Product (GDP) news event 

GBP/USD: range price movement by UK Gross Domestic Product (GDP) news event

==========

The chart was made on MT5 with standard indicators of Metatrader 5 together with following indicators:

Economic Calendar – forex calendar with real-time forex news and reports, schedule of forthcoming world economy events
Economic Calendar – forex calendar with real-time forex news and reports, schedule of forthcoming world economy events
  • www.mql5.com
Economic Calendar – forex calendar with real-time forex news and reports, schedule of forthcoming world economy events. Economic calendar includes most important economic indicators and events from ministries and agencies of different countries. The Calendar is useful for traders in the forex market, stock exchanges and other financial markets.
 

USD/CNH Intra-Day FundamentalsChina Industrial Production and range price movement 

2020-12-15 02:00 GMT | [CNY - Industrial Production]

  • past data is 6.9%
  • forecast data is 2.9%
  • actual data is 7.0% according to the latest press release

if actual > forecast (or previous one) = good for currency (for CNY in our case)

[CNY - Industrial Production] = Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.

==========

From rttnews article :

  • "Industrial production in China was up 7.0 percent on year in November, the National Bureau of Statistics said on Tuesday. The bureau also said that retail sales rose an annual 5.0 percent - shy of expectations for an increase of 5.2 percent but still up from 4.3 percent in the previous month."

==========

USD/CNH: range price movement by China Industrial Production news event 

USD/CNH: range price movement by China Industrial Production news event

==========

Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

Same system for MT4:

  1. Brainwashing. Trades: manually and using EAs (MT4)
  2. Brainwashing EAs - the thread (MT4)
  3. Brainwashing: system setup for trading manually and for EAs (MT4) - the thread 
  4. Brainwashing: system development (MT4) - the thread
Economic Calendar – forex calendar with real-time forex news and reports, schedule of forthcoming world economy events
Economic Calendar – forex calendar with real-time forex news and reports, schedule of forthcoming world economy events
  • www.mql5.com
Economic Calendar – forex calendar with real-time forex news and reports, schedule of forthcoming world economy events. Economic calendar includes most important economic indicators and events from ministries and agencies of different countries. The Calendar is useful for traders in the forex market, stock exchanges and other financial markets.
 

Intra-Day Fundamentals - AUD/USD, NZD/USD and GOLD: United States Retail Sales Ex Autos

2020-12-16 13:30 GMT | [USD - Core Retail Sales]

  • past data is -0.1%
  • forecast data is 0.6%
  • actual data is -0.9% according to the latest press release

if actual > forecast (or previous good for currency (for USD in our case)

[USD - Core Retail Sales] = Change in the total value of sales at the retail level, excluding automobiles.

==========

From rttnews article:

  • "The Commerce Department said retail sales tumbled by 1.1 percent in November following a revised 0.1 percent dip in October. Excluding the slump in auto sales, however, retail sales still fell by 0.9 percent in November after edging down by 0.1 percent in October. Ex-auto sales were expected to inch up by 0.1 percent."

==========

AUD/USD: range price movement by United States Retail Sales Ex Autos news events

AUD/USD: range price movement by United States Retail Sales Ex Autos news events

==========

NZD/USD: range price movement by United States Retail Sales Ex Autos news events

NZD/USD: range price movement by United States Retail Sales Ex Autos news events

==========

GOLD (XAU/USD): range price movement by United States Retail Sales Ex Autos news events

GOLD (XAU/USD): range price movement by United States Retail Sales Ex Autos news events

==========

Chart was made on MT5 with BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:

All about BrainTrading system for MT5:

Economic Calendar – forex calendar with real-time forex news and reports, schedule of forthcoming world economy events
Economic Calendar – forex calendar with real-time forex news and reports, schedule of forthcoming world economy events
  • www.mql5.com
Economic Calendar – forex calendar with real-time forex news and reports, schedule of forthcoming world economy events. Economic calendar includes most important economic indicators and events from ministries and agencies of different countries. The Calendar is useful for traders in the forex market, stock exchanges and other financial markets.
 
Intra-Day Fundamentals - Dollar IndexUSD/JPY and EUR/USD: United States Gross Domestic Product (GDP)

2020-12-22 13:30 GMT | [USD - GDP]

  • past data is 33.1%
  • forecast data is 33.1%
  • actual data is 33.4% according to the latest press release

if actual > forecast (or previous good for currency (for USD in our case)

[USD - GDP] = Annualized change in the inflation-adjusted value of all goods and services produced by the economy.

==========

From official report :

  • "Real gross domestic product (GDP) increased at an annual rate of 33.4 percent in the third quarter of 2020 (table 1), according to the "third" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP decreased 31.4 percent."

==========

Dollar Index (DXY): range price movement by  United States Gross Domestic Product news events

Dollar Index (DXY): range price movement by  United States Gross Domestic Product news events

==========

USD/JPY: range price movement by  United States Gross Domestic Product news events

USD/JPY: range price movement by  United States Gross Domestic Product news events

==========

EUR/USD: range price movement by  United States Gross Domestic Product news events

EUR/USD: range price movement by  United States Gross Domestic Product news events

==========

Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

Same system for MT4:

  1. Brainwashing. Trades: manually and using EAs (MT4)
  2. Brainwashing EAs - the thread (MT4)
  3. Brainwashing: system setup for trading manually and for EAs (MT4) - the thread 
  4. Brainwashing: system development (MT4) - the thread
Economic Calendar – forex calendar with real-time forex news and reports, schedule of forthcoming world economy events
Economic Calendar – forex calendar with real-time forex news and reports, schedule of forthcoming world economy events
  • www.mql5.com
Economic Calendar – forex calendar with real-time forex news and reports, schedule of forthcoming world economy events. Economic calendar includes most important economic indicators and events from ministries and agencies of different countries. The Calendar is useful for traders in the forex market, stock exchanges and other financial markets.
 

U.S. Commercial Crude Oil Inventories news event: intra-day bullish breakdown; weekly breakout with the bullish reversal; 56.90 is the key

2021-01-06 15:30 GMT | [USD - Crude Oil Inventories]

  • past data is -6.1M
  • forecast data is -1.4M
  • actual data is -8.0M according to the latest press release

[USD - Crude Oil Inventories] = Change in the number of barrels of crude oil held in inventory by commercial firms during the past week.

==========

"U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 8.0M million barrels from the previous week."

==========

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events 

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events

==========

Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

Same system for MT4:

  1. Brainwashing. Trades: manually and using EAs (MT4)
  2. Brainwashing EAs - the thread (MT4)
  3. Brainwashing: system setup for trading manually and for EAs (MT4) - the thread 
  4. Brainwashing: system development (MT4) - the thread
EIA Crude Oil Stocks Change - economic indicator from the United States
EIA Crude Oil Stocks Change - economic indicator from the United States
  • www.mql5.com
The Energy Information Administration's (EIA) Crude Oil Stocks Change Indicator is published weekly. It measures the number of barrels of commercial crude oil held by US companies. It is one of the
 
EUR/USD Intra-Day Fundamentals: ECB German Trade Balance

2021-01-08 07:00 GMT | [EUR - German Trade Balance n.s.a.]

  • past data is 19.4B
  • forecast data is 22.4B
  • actual data is 17.2B according to the latest press release 
if actual > forecast (or previous value) = good for currency (for EUR in our case)

[EUR - German Trade Balance n.s.a.] = Trade Balance n.s.a. (not seasonally adjusted) shows the difference between Germany's export and import of goods and services over the reported period. A positive balance value indicates a trade surplus, while a negative one hints at a trade deficit. The year-over-year indicator provides seasonally unadjusted data. Higher than expected readings can affect the euro quotes positively.

==========

From official report :

  • "The foreign trade balance showed a surplus of 17.2 billion euros in November 2020. In November 2019, the surplus amounted to 18.5 billion euros. In calendar and seasonally adjusted terms, the foreign trade balance recorded a surplus of 16.4 billion euros in November 2020."

==========

EUR/USD: range price movement by German Trade Balance n.s.a. news event

EUR/USD: range price movement by German Trade Balance n.s.a. news event

==========

Chart was made on MT5 with BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase: 

All about BrainTrading system for MT5:

Economic Calendar – forex calendar with real-time forex news and reports, schedule of forthcoming world economy events
Economic Calendar – forex calendar with real-time forex news and reports, schedule of forthcoming world economy events
  • www.mql5.com
Economic Calendar – forex calendar with real-time forex news and reports, schedule of forthcoming world economy events. Economic calendar includes most important economic indicators and events from ministries and agencies of different countries. The Calendar is useful for traders in the forex market, stock exchanges and other financial markets.
Reason: