NZD/USD Intra-Day Fundamentals: NZ Trade Balance and 17 pips price movement
2016-03-23 21:45 GMT | [NZD - Trade Balance]
if actual > forecast (or previous one) = good for currency (for NZD in our case)
[NZD - Trade Balance] = Difference in value between imported and exported goods during the reported month.
NZDUSD M5: 17 pips price movement by NZ Trade Balance news event
GBP/USD Intra-Day Fundamentals: U.K. Retail Sales and 31 pips range price movement
2016-03-24 09:30 GMT | [GBP - Retail Sales]
if actual > forecast (or previous one) = good for currency (for GBP in our case)
[GBP - Retail Sales] = Change in the total value of inflation-adjusted sales at the retail level.
GBPUSD M5: 31 pips range price movement by U.K. Retail Sales news event
How To Trade This Event Risk
EUR/USD Intra-Day Fundamentals: Durable Goods Orders and 10 pips range price movement
2016-03-24 12:30 GMT | [USD - Durable Goods Orders]
if actual > forecast (or previous one) = good for currency (for USD in our case)
[USD - Durable Goods Orders] = Change in the total value of new purchase orders placed with manufacturers for durable goods.
EURUSD M5: 10 pips range price movement by Durable Goods Orders news event
EUR/USD - Long-Term Forecast: more bearish in a long-term for 0.95 target at year-end
Morgan Stanley made a long-term forecast concerbning the price movement for EUR.USD pair related to the end of this year:
So, let's describe some of the interesting moments for
W1 price is on primary bearish market condition located to be below 100 period SMA and 200 period SMA area with the secondary ranging within 1.1713 key bullish reversal resistance level and 1.0516 key bearish support level.
Most likely scenario:
EUR/USD Intra-Day Fundamentals: French Gross Domestic Product and 8 pips price movement
2016-03-25 07:45 GMT | [EUR - French GDP]
if actual > forecast (or previous one) = good for currency (for EUR in our case)
[EUR - French GDP] = The Gross Domestic Product is a comprehensive measure of a France's overall production and consumption of goods and services.
EURUSD M5: 8 pips price movement by French Gross Domestic Product news event
EUR/USD Intra-Day Fundamentals: U.S. Gross Domestic Product and 10 pips range price movement
2016-03-25 12:30 GMT | [USD - Final GDP]
[USD - Final GDP] = Annualized change in the inflation-adjusted value of all goods and services produced by the economy.
"Real gross domestic product -- the value of the goods and services produced by the nation's economy less the value of the goods and services used up in production, adjusted for price changes -- increased at an annual rate of 1.4 percent in the fourth quarter of 2015, according to the "third" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 2.0 percent."
EURUSD M5: 10 pips range price movement by U.S. Gross Domestic Product news event
EUR/USD: Stuck In Range; Focus On Next Week's NFP - The Bank of Tokyo-Mitsubishi UFJ (based on the article)
EUR/USD: correction to bearish reversal. Daily price is on the secondary correction within the primary bullish market condition: the price is located near and above Ichimoku cloud and Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the chart. If the price breaks 1.1143 key support level on the daily close bar so the bearish reversal will be started with the secondary ranging: the price will be located inside Ichimoku cloud. If the price breaks 1.1342 resistance level so the bullish trend will be continuing. Chinkou Span line is located near and above the price to be ready to break it to below for the good possible bearish breakdown.
There are the following news events which will be affected on EUR/USD price movement for the week:
Forex Weekly Outlook Mar 28- Apr 1 (based on the article)
The US dollar managed to claw back some of its previous losses on the week leading to Easter. US CB Consumer Confidence, Janet Yellen’s speech, and the buildup to the all-important Non-Farm Payrolls report all stand out. These are the important events on forex calendar.