Trading News Events: U.S. Consumer Price Index (CPI) (adapted from the article)
Bullish USD Trade
is located above 200-day SMA in the bullish area of the chart. The price is breaking 100-day SMA to above from the ranging area to the bullish trend to be resumed. RSI
indicator is estimating the bullish market condition to be continuing.
GBP/USD Intra-Day Fundamentals: U.K. Consumer Price Index and 54 pips price movement
2016-08-16 08:30 GMT | [GBP - CPI]
if actual > forecast (or previous one) = good for currency (for GBP in our case)
[GBP - CPI] = Change in the price of goods and services purchased by consumers.
GBP/USD M5: 54 pips price movement by U.K. Consumer Price Index news event
DAX Index Technical Analysis: daily bullish ranging within narrow levels waiting for breakout/breakdown (adapted from the article)
is on primary bullish market condition: price is testing 10,739.3/10,803.8 support levels to above for the bullish trend to be continuing.
SUMMARY : bullish
2016-08-16 12:30 GMT | [USD - CPI]
if actual > forecast (or previous one) = good for currency (for USD in our case)
[USD - CPI] = Change in the price of goods and services purchased by consumers.
EUR/USD M5: 60 pips range price movement by U.S. Consumer Price Index news event
GBP/USD M5: 71 pips range price movement by U.S. Consumer Price Index news event
NZD/USD Intra-Day Fundamentals: New Zealand Jobless Rate and 41 pips price movement
2016-08-16 22:45 GMT | [NZD - Unemployment Rate]
if actual < forecast (or previous one) = good for currency (for NZD in our case)
[NZD - Unemployment Rate] = Percentage of total work force that is unemployed and actively seeking employment during the previous quarter.
From Scoop article: NZ jobless rate falls to 5.1% under new methodology
NZD/USD M5: 41 pips price movement by New Zealand Jobless Rate news event
Trading News Events: Trading the News: U.K. Jobless Claims Change (adapted from the article)
is located below 100 SMA/200 SMA in the bearish area of the chart. The price is on ranging within the narrow support/resistance levels waiting for the direction of the bearish trend to be continuing or the seconary bear market rally to be starte.
GBP/USD Intra-Day Fundamentals: U.K. Jobless Claims and 58 pips range price movement
2016-08-17 08:30 GMT | [GBP - Jobless Claims]
if actual < forecast (or previous one) = good for currency (for GBP in our case)
[GBP - Jobless Claims] = Change in the number of people claiming unemployment-related benefits during the previous month.
GBP/USD M5: 58 pips range price movement by U.K. Jobless Claims news event
AUD/USD Ahead of Employment Data - intra-day bearish; daily breakdown with correction (adapted from the article)
"The AUD/USD continues to decline from yesterday’s high at .7749. This
move in price has been guided by a descending trendline, which is drawn
below by connecting a series of swing highs over the last two trading
sessions. Aussie traders should continue to monitor this line ahead of
today’s employment data as an ongoing point of resistance. Expectations
for AUD Employment Change (July) figures are set at 10k, and any
deviation from this value may result in a significant shift in the short
term pricing of the AUD/USD."
is on bearish market condition for 0.7614 support level to be testing together with ascending triangle pattern to below for the bearish trend to be continuing. If the price breaks 0.7614 support level to below on close M15 bar so the bearish breakdown will be resumed, otherwise - ranging bearish within the levels.
D1 price located above Ichimoku cloud in the bullish area of the chart. The price is started with the secondary correction on open daily bar for now with Chinkou Span line of Ichimoku indicator which is crossing the price to below for the good possible breakdown.
"The AUD/USD can currently be seen trading to new daily lows at .7615.
The Grid Sight Index (GSI) is currently highlighting a short term
downtrend, with the pair printing a series of lower lows in early
trading. After reviewing 23,227,069 pricing points, GSI has indicated
that price action has continued to decline 21 pips or more in 46% of the
13 matching historical events. Today’s primary bearish distribution is
found at .7596. A move through this point would place the AUD/USD at
both new weekly and daily lows."
SUMMARY : daily correction within the bullish
Intra-Day Fundamentals - EUR/USD and GBP/USD: FOMC Meeting Minutes
2016-08-17 18:00 GMT | [USD - FOMC Meeting Minutes]
[USD - FOMC Meeting Minutes] = It's a detailed record of the FOMC's most recent meeting, providing
in-depth insights into the economic and financial conditions that
influenced their vote on where to set interest rates.
Fed minutes: Some FOMC voters thought a rate hike may be needed soon (based on CNBC article)
EUR/USD M5: 53 pips range price movement by FOMC Meeting Minutes news event
GBP/USD M5: 82 pips range price movement by FOMC Meeting Minutes news event
AUD/USD Intra-Day Fundamentals: Australian Employment Change and 63 pips price movement
2016-08-18 01:30 GMT | [AUD - Employment Change]
if actual > forecast (or previous one) = good for currency (for AUD in our case)
[AUD - Employment Change] = Change in the number of employed people during the previous month.
AUD/USD M5: 63 pips price movement by Australian Employment Change news event