Press review - page 678

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Sergey Golubev
Moderator
116886
Sergey Golubev  

USD/CAD Intra-Day FundamentalsCanada GDP and range price movement 

2020-06-30 13:30 GMT | [CAD - GDP]

  • past data is -7.5%
  • forecast data is -12.5%
  • actual data is -11.6% according to the latest press release

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

[CAD - GDP] = Change in the inflation-adjusted value of all goods and services produced by the economy.

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From official report :

  • "Real gross domestic product (GDP) dropped 11.6% in April, following a 7.5% decline in March. April marked the first full month of measures put in place to slow the spread of COVID-19. All 20 industrial sectors of the Canadian economy were down, producing the largest monthly decline since the series started in 1961. The economy was 18.2% below its February level, the month before the COVID-19 measures began."

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USD/CAD: range price movement by Canada GDP news event 

USD/CAD: range price movement by Canada GDP news event

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

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.
Sergey Golubev
Moderator
116886
Sergey Golubev  

U.S. Commercial Crude Oil Inventories news event: daily bullish ranging waiting for direction of the strong trend to be started

2020-07-01 15:30 GMT | [USD - Crude Oil Inventories]

  • past data is 1.4M
  • forecast data is -0.9M
  • actual data is -7.2M 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.

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"U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 7.2 million barrels from the previous week."

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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

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

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The forum threads
  1. Key forum thread - Fast Fourier Transform - Cycle Extraction - the thead with FFTfiltr indicator and explanation
  2. New EA based on the !xMeter (!xMter based on Fast Fourier Transform) - the thread 
  3. Many FFT indicators with examples and explanations - the thread 
  4. Ticks Before The News - the thread with many FFT indicators and explanation how to trade

CodeBase

  1. dt_FFT - library for MetaTrader  
  2. LGLIB - Numerical Analysis Library - library for MetaTrader 4 
  3. ALGLIB - Numerical Analysis Library - library for MetaTrader 5 
  4. AFIRMA - indicator for MetaTrader 5
  5. Fourier extrapolation of price - indicator for MetaTrader 5

The articles

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...
Sergey Golubev
Moderator
116886
Sergey Golubev  

Intra-Day Fundamentals - USD/JPY, USD/CNH and GOLD (XAU/USD): ADP Non-Farm Employment Change (ADP) and range price movement 

2020-07-01 13:15 GMT | [USD - ADP Non-Farm Employment Change]

  • past data is 3065K
  • forecast data is 2850K
  • actual data is 2369K according to the latest press release 
if actual > forecast (or previous value) = good for currency (for USD in our case)

[USD - ADP Non-Farm Employment Change] = Estimated change in the number of employed people during the previous month, excluding the farming industry and government.

==========

From official report :

  • "Private-sector employment increased by 2,369,000 from May to June, on a seasonally adjusted basis."

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USD/JPY: range price movement by ADP Non-Farm Employment Change news event


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USD/CNH: range price movement by ADP Non-Farm Employment Change news event

USD/CNH: range price movement by ADP Non-Farm Employment Change news event

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GOLD (XAU/USD): range price movement by ADP Non-Farm 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.
Sergey Golubev
Moderator
116886
Sergey Golubev  

Intra-Day Fundamentals - GBP/USD, NZD/USD and Dollar Index (DXY): United States Nonfarm Payrolls

2020-07-02 13:30 GMT | [USD - Non-Farm Employment Change]

  • past data is 2699K
  • forecast data is 3037K
  • actual data is 4800K according to the latest press release

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

[USD - Non-Farm Employment Change] = Change in the number of employed people during the previous month, excluding the farming industry.

==========

From official report :

  • "Total nonfarm payroll employment rose by 4.8 million in June, and the unemployment rate declined to 11.1 percent, the U.S. Bureau of Labor Statistics reported today. These improvements in the labor market reflected the continued resumption of economic activity that had been curtailed in March and April due to the coronavirus (COVID-19) pandemic and efforts to contain it. In June, employment in leisure and hospitality rose sharply. Notable job gains also occurred in retail trade, education and health services, other services, manufacturing, and professional and business services."

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GBP/USD: range price movement by Nonfarm Payrolls news events

GBP/USD: range price movement by Nonfarm Payrolls news events

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NZD/USD: range price movement by Nonfarm Payrolls news events

NZD/USD: range price movement by Nonfarm Payrolls news events

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Dollar Index (DXY): range price movement by Nonfarm Payrolls news events

Dollar Index (DXY): range price movement by Nonfarm Payrolls news events

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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 - 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.
Sergey Golubev
Moderator
116886
Sergey Golubev  

Dow Jones Industrial Average - ranging near and below 200 SMA to be ready for the daily bullish reversal(based on the article)

Dow Jones Industrial Average chart by Metatrader 5

Dow Jones Industrial Average chart by Metatrader 5

  • "The Dow Jones Industrial Average was up 0.4%, over 100 points, on Thursday, while the S&P 500 rose 0.4% and the tech-heavy Nasdaq Composite gained 0.5%."
  • "Stocks jumped after a bigger-than-expected increase in jobs last month: The Labor Department reported that 4.8 million jobs were added in June—more than the 2.9 million expected."
  • "The unemployment rate fell to 11.1%, down from 13.3% in May. The jobs data for June was collected in the middle of the month, however, before a spike in new coronavirus cases cropped up across the South and West."

==========

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

Dow Rises 100 Points After U.S. Economy Adds 4.8 Million Jobs In June
Dow Rises 100 Points After U.S. Economy Adds 4.8 Million Jobs In June
  • 2020.07.02
  • Sergei Klebnikov
  • www.forbes.com
The market moved higher on Thursday, despite a continued spike in new coronavirus cases across much of the country, as stocks were boosted by a bigger-than-expected jobs increase last month. KEY FACTS The Dow Jones Industrial Average was up 0.4%, over 100 points, on Thursday, while the S&P 500 rose 0.4% and the tech-heavy Nasdaq Composite...
Sergey Golubev
Moderator
116886
Sergey Golubev  

EUR/USD - daily bullish ranging; 1.1422 is the key (based on the article)

EUR/USD daily chart by Metatrader 5

  • "The European Council President is expected to propose a more modest EU budget this week. The Council is hoping EU leaders will agree to it at a summit later this month but wrangling over how best to help the weaker members of the blocrecover from the Covid-19 pandemic will likely continue. Unless the EU governments can sort out their disagreements soon, a drop is likely in EUR/USD in this year’s third quarter."

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

Euro Forecast: Outlook for EUR/USD Negative Longer Term
Euro Forecast: Outlook for EUR/USD Negative Longer Term
  • Martin Essex, MSTA
  • www.dailyfx.com
The Council is hoping that EU leaders will agree a deal at a summit later this month but wrangling over whether the recovery fund should consist primarily of loans or grants will likely...
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