D1 price is located inside Ichimoku cloud/kumo below Sinkou Span A line trying to cross is from below to above together with breaking 1.3691 resistance to be reversed to bullish market condition.
W1 price is on bullish ranging, and the price on H4 timeframe is on secondary flat within bullish too.
If not so we may see the ranging market condition within primary bearish.
UPCOMING EVENTS (high/medium impacted news events which may be affected on EURUSD price movement for this coming week)
2013-02-18 09:00 GMT (or 10:00 MQ MT5 time) | [EUR - Current Account]
2013-02-18 10:00 GMT (or 11:00 MQ MT5 time) | [EUR - German ZEW Survey]
2013-02-18 14:00 GMT (or 15:00 MQ MT5 time) | [USD - TIC Long-Term Purchases]
2013-02-18 15:00 GMT (or 16:00 MQ MT5 time) | [USD - NAHB Housing Market Index]
2013-02-19 13:30 GMT (or 14:30 MQ MT5 time) | [USD - PPI]
2013-02-19 13:30 GMT (or 14:30 MQ MT5 time) | [USD - Building Permits]
2013-02-19 19:00 GMT (or 20:00 MQ MT5 time) | [USD - FOMC Minutes]
2013-02-20 01:45 GMT (or 02:45 MQ MT5 time) | [CNY - HSBC Manufacturing PMI]
2013-02-20 07:00 GMT (or 08:00 MQ MT5 time) | [EUR - German PPI]
2013-02-20 08:00 GMT (or 09:00 MQ MT5 time) | [EUR - French PMI]
2013-02-20 08:30 GMT (or 09:30 MQ MT5 time) | [EUR - German PMI]
2013-02-20 09:00 GMT (or 10:00 MQ MT5 time) | [EUR - PPI]
2013-02-20 13:30 GMT (or 14:30 MQ MT5 time) | [USD - CPI]
2013-02-20 15:00 GMT (or 16:00 MQ MT5 time) | [USD - Philadelphia Fed Manufacturing Survey]
2013-02-21 10:00 GMT (or 11:00 MQ MT5 time) | [EUR - EU Economic Forecasts]
2013-02-21 15:00 GMT (or 16:00 MQ MT5 time) | [USD - Existing Home Sales]
SUMMARY : bullish
TREND : reversal
Forum on trading, automated trading systems and testing trading strategies
newdigital, 2014.02.15 17:10
EURUSD Fundamentals (based on dailyfx article)
Fundamental Forecast for Euro: Bullish
newdigital, 2014.02.15 11:37
Fundamental Weekly Outlook Feb. 17-21 (based on forexcrunch article)
Janet Yellen gave her first official testimony, stressing that the
central bank will continue to taper its asset purchases as planned as
long as the labor market continues improving. Yellen assured markets
that the Fed’s policy will continue in line with the policy approach
taken by her predecessor, Ben Bernanke. US retail sales disappointed,
dropping 0.4% with disappointments also in the core number and with
downgrades for December. It seems that the bad weather might have a
significant effect on the economy, and that not all the weakness is due
to bad weather. The importance of the NFP is growing. And there are
lots of things going on elsewhere: In Europe, stronger than expected
GDP outweighed growing fears of ECB action. In the UK, the new forward
guidance seems to hint of a UK rate hike earlier than thought and the
pound reached new multi-year highs. Things are not looking so good
everywhere: In Australia, terrible job figures halted the currency’s
newdigital, 2014.02.16 12:01
newdigital, 2014.02.16 18:05
newdigital, 2014.02.18 17:24
if actual > forecast = good for currency (for USD in our case)
US TIC long term flows at -$45.9bn
MetaTrader Trading Platform Screenshots
EURUSD, M5, 2014.02.18
MetaQuotes Software Corp., MetaTrader 5, Demo
EURUSD M5 : 26 pips price movement by USD - TIC Long-Term Purchases news event
newdigital, 2014.02.19 15:22
US Building Permits worse than expected 937K
US Building Permits released at 937K worse than expected. The potential
for this event to affect exchange rates is High. Market impact
primarily affects USD currency pairs although currency correlations may
impact other currencies as well.
EURUSD, M5, 2014.02.19
EURUSD M5 : 10 pips price movement by USD - Building Permits news event
newdigital, 2014.02.20 11:47
if actual > forecast = good for currency (for EUR in our case)
French Private Sector Downturn Deepens In February: Markit
France's private sector activity decreased at a faster pace in
February, led by a further marked fall in service sector activity,
survey data released by Markit Economics and CDAF revealed Thursday.
seasonally adjusted composite output index, which gauges the
performance of the manufacturing and service sectors, dropped to a
two-month low of 47.6 in February from 48.9 in January. Index readings
below 50 indicate contraction of the sector.
New orders received
by private sector firms fell for a fifth consecutive month in February,
with both service providers and manufacturers recording faster
In line with the weakness in activity, employment fell
for a fourth successive month. Input price inflation in the sector eased
to a five-month low, and output prices continued to fall.
purchasing managers index (PMI) for the manufacturing sector decreased
to 48.5 in February from 49.3 in the beginning of the year. Economists
had forecast the index to rise to 49.5.
EURUSD, M5, 2014.02.20
EURUSD M5 : 32 pips price movement by EUR - French PMI news event
newdigital, 2014.02.20 15:05
CPI Rise 0.1% In January
Retail inflation remained in check in January, as new government
statistics showed that consumer price growth slowed down from the
previous month and matched economists' expectations.
Labor Department revealed that consumer prices advanced 0.1 percent in
January. This followed an increase of 0.2 percent in the previous month.
Economists had expected the figure to rise 0.1 percent.
EURUSD M5 : 22 pips price movement by USD - CPI news event