Press review - page 719

 

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

2023-04-28 12:30 GMT | [CAD - GDP]

  • past data is 0.6%
  • forecast data is 0.0%
  • actual data is 0.1% 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.

==========

From official report :

"Real gross domestic product (GDP) edged up 0.1% in February, following a 0.6% increase in January. Both services-producing industries and goods-producing industries edged up 0.1%. Overall, 12 of 20 subsectors increased."

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

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: daily bearish breakdown; 71 is the key

2023-05-03 14:30 GMT | [USD - Crude Oil Inventories]

  • past data is -5.1M
  • forecast data is -0.5M
  • actual data is -1.3M 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 1.3M 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

==========

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
 

Intra-Day Fundamentals - NZD/USD, USD/JPY and CAC 40Federal Funds Rate and FOMC Statement

2023-05-03 18:00 GMT | [USD - Federal Funds Rate]

  • past data is  5.00%
  • forecast data is 5.25%
  • actual data is 5.25% according to the latest press release

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

[USD - Federal Funds Rate] = Interest rate at which depository institutions lend balances held at the Federal Reserve to other depository institutions overnight.

==========

From rttnews article :

"In a widely anticipated move, the Federal Reserve on Wednesday announced its decision to raise interest rates by another quarter point. The Fed decided to raise the target range for the federal funds rate by 25 basis points to 5 to 5.25 percent, making the tenth straight rate hike."

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NZD/USD: range price movement by  Federal Funds Rate news events

NZD/USD: range price movement by  Federal Funds Rate news events

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USD/JPY: range price movement by  Federal Funds Rate news events

USD/JPY: range price movement by  Federal Funds Rate news events

==========

CAC 40 : range price movement by  Federal Funds Rate news events

CAC 40 : range price movement by  Federal Funds Rate news events

==========

Chart was made on MT5 with the following indicators from CodeBase:

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, Dollar Index (DXY) and GOLD (XAU/USD): United States Nonfarm Payrolls

2023-05-05 12:30 GMT | [USD - Non-Farm Employment Change]

  • past data is 165K
  • forecast data is 23K
  • actual data is 253K 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 rttnews article :

"Job growth in the U.S. far exceeded economist estimates in the month of April, the Labor Department revealed in a report on Friday, although the jump in employment followed notable downward revision to the two previous months.  The Labor Department said non-farm payroll employment shot up by 253,000 jobs in April."

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

AUD/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

==========

GOLD (XAU/USD): range price movement by Nonfarm Payrolls news events


GOLD (XAU/USD): range price movement by Nonfarm Payrolls 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.
 

GBP/USD Intra-Day FundamentalsBoE Interest Rate Decision, BoE MPC Meeting Minutes and range price movement 

2023-05-11 11:00 GMT | [GBP - Official Bank Rate]

  • past data is 4.25%
  • forecast data is 4.50%
  • actual data is 4.50% according to the latest press release

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

[GBP - Official Bank Rate] Interest rate at which the BOE lends to financial institutions overnight.

==========

From rttnews article :

"The Bank of England decided to lift the benchmark interest rate by a quarter-point as expected on Thursday to address the risk of more persistent strength in domestic price pressures. The nine-member Monetary Policy Committee decided to lift the bank rate by 25 basis points to 4.50 percent, the highest since 2008."

    ==========

    GBP/USD: range price movement by BoE Interest Rate Decision news event 

    GBP/USD: range price movement by BoE Interest Rate Decision news event

    GBP/USD: range price movement by BoE Interest Rate Decision 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.
     

    NZD/USD Intra-Day Fundamentals: RBNZ Official Cash Rate, RBNZ Monetary Policy Statement and range price movement  

    2023-05-24 02:00 GMT | [NZD - Official Cash Rate]

    • past data is 5.25%
    • forecast data is 5.50%
    • actual data is 5.50% according to the latest press release

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

    [NZD - Official Cash Rate] = Interest rate at which banks lend balances held at the RBNZ to other banks overnight.

    ==========

    From official report :

    "The Monetary Policy Committee today voted to raise the Official Cash Rate (OCR) from 5.25% to 5.50%. The Committee agreed the level of interest rates are constraining spending and inflation pressure. The OCR will need to remain at a restrictive level for the foreseeable future, to ensure that consumer price inflation returns to the 1% to 3% annual target range, while supporting maximum sustainable employment."

    ==========

    NZD/USD: range price movement by RBNZ  Official Cash Rate news event 

    NZD/USD: range price movement by RBNZ  Official Cash 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 bullish ranging; daily ranging near and below Ichimoku cloud to be ready for the primary bullish reversal

    2023-05-24 14:30 GMT | [USD - Crude Oil Inventories]

    • past data is 5.0M
    • forecast data is 2.7M
    • actual data is -12.5M 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 12.5M 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 BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:

    All about BrainTrading system for MT5:

    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
     

    USD/CNH Intra-Day Fundamentals: China Manufacturing PMI and range price movement 

    2023-05-31 01:30 GMT | [CNY - Manufacturing PMI]

    • past data is 49.2
    • forecast data is 49.5
    • actual data is 48.8 according to the latest press release

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

    [CNY - Manufacturing PMI] = Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.

    ==========

    From rttnews article :

    "The manufacturing sector in China continued to contract in May, and at a faster rate, the latest survey from the National Bureau of Statistics showed on Wednesday."

    ==========

    USD/CNH: range price movement by China Manufacturing PMI news event 

    USD/CNH: range price movement by China Manufacturing PMI 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.
     

    Intra-Day Fundamentals - EUR/USD, USD/CAD and GOLD (XAU/USD): United States Nonfarm Payrolls

    2023-06-02 12:30 GMT | [USD - Non-Farm Employment Change]

    • past data is 274K
    • forecast data is 193K
    • actual data is 339K 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 rttnews article :

    "The Labor Department released its closely watched monthly jobs report on Friday, showing U.S. employment surged by much more than expected in the month of May. The report showed non-farm employment soared by 339,000 jobs in May after spiking by an upwardly revised 294,000 jobs in April."

    ==========

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

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

    ==========

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


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

    ==========

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


    XAU/USD: range price movement by Nonfarm Payrolls 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.
     

    Intra-Day Fundamentals - Dollar IndexUSD/JPY and Dow Jones Industrial Average : ISM United States Non-Manufacturing Purchasing Managers Index (PMI)

    2023-06-05 14:00 GMT | [USD - ISM Services PMI]

    • past data is 51.9
    • forecast data is 51.5
    • actual data is 50.3 according to the latest press release

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

    [USD - ISM Services PMI]  =  Level of a diffusion index based on surveyed purchasing managers, excluding the manufacturing industry.

    ==========

    From rttnews article :

    "Service sector activity in the U.S. saw only modest growth in the month of May, according to a report released by the Institute for Supply Management on Monday, with the index of activity in the sector falling by more than expected. The ISM said its services PMI fell to 50.3 in May from 51.9 in April, although a reading above 50 still indicates growth in the sector."

    ==========

    Dollar Index (DXY): range price movement by ISM Services PMI  news events

    Dollar Index (DXY): range price movement by ISM Services PMI  news events

    ==========

    USD/JPY: range price movement by ISM Services PMI  news events

    USD/JPY: range price movement by ISM Services PMI  news events

    ==========

    Dow Jones Industrial Average: range price movement by ISM Services PMI  news events

    Dow Jones Industrial Average: range price movement by ISM Services PMI  news events

    ==========

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

    ==========

    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

    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: