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Sergey Golubev, 2016.03.02 11:40
GBP/USD Intra-Day Fundamentals: UK Construction PMI and 26 pips price movement
2016-03-02 09:30 GMT | [GBP - Construction PMI]
if actual > forecast (or previous one) = good for currency (for GBP in our case)
[GBP - Construction PMI] = Level of a diffusion index based on surveyed purchasing managers in the construction industry.
"The headline seasonally adjusted Markit/CIPS UK Construction Purchasing Managers’ Index® (PMI®) registered 54.2 in February, down from 55.0 in January and the lowest since April 2015. Although still above the 50.0 value that separates expansion from contraction, the latest reading pointed to one of the weakest rises in construction output seen over the past two-and-a-half years."
GBPUSD M5: 26 pips price movement by UK Construction PMI news event
Sergey Golubev, 2016.03.02 16:53
Crude Oil Intra-Day Fundamentals: price is testing 36.07 support level by U.S. commercial crude oil inventories increased by 10.4M barrels from the previous week
2016-03-02 15:30 GMT | [USD - Crude Oil Inventories]
[USD - Crude Oil Inventories] = Change in the number of barrels of crude oil held in inventory by commercial firms during the past week.
Crude Oil M5 price movement by U.S. commercial crude oil inventories news event
Sergey Golubev, 2016.03.03 08:44
Technical Targets for EUR/USD by United Overseas Bank (based on the article)
EUR/USD: Bearish Ranging.
The intra-day price (H4) broke 200 period SMA/100 period SMA for the primary
bearish market condition. The price is started to be ranging within 1.0825 support level and 1.0880 resistance level.
Sergey Golubev, 2016.03.03 10:52
GBP/USD Intra-Day Fundamentals: UK Services PMI and 39 pips range price movement
2016-03-03 09:30 GMT | [GBP - Services PMI]
[GBP - Services PMI] = Level of a diffusion index based on surveyed purchasing managers in the services industry.
GBPUSD M5: 39 pips range price movement by UK Services PMI news event
Sergey Golubev, 2016.03.01 16:21
Quick Technical Overview - S&P 500: 1,890 is important (adapted from the article)
is located to be above 100 period SMA (100 SMA) and 200 period SMA (200 SMA) in the bullish area of the chart: the secondary correction was started by the price for trying to break 1,928 support level to below for the secondary correction to be continuing.
SUMMARY : correction
H1 price broke 1,962 resistance to above together with 1,977 resistance level. For now - the price is testing 1,983 for the bullish trend to be continuing:
D1 price is on local uptrend as the secondary rally within the primary bearish condition: the priceis breaking 1,977 level to above, and if this level will be broken on close daily bar so the reversal of the price movement from the primary bearish to the ranging bullish market condition will be started up to 2,038 level as the next bullish target to re-enter. And 2,100 level is the one for the strong bullish trend to be started (if the price breaks it to above for example):
Sergey Golubev, 2016.03.03 16:00
EUR/USD Intra-Day Fundamentals: U.S. Jobless Claims and 22 pips range price movement
2016-03-03 13:30 GMT | [USD - Unemployment Claims]
if actual < forecast (or previous one) = good for currency (for USD in our case)
[USD - Unemployment Claims] = The number of individuals who filed for unemployment insurance for the first time during the past week.
The report said initial jobless
claims rose to 278,000, an increase of 6,000 from the previous week's
unrevised level of 272,000."
EURUSD M5: 22 pips range price movement by U.S. Jobless Claims news event
Sergey Golubev, 2016.03.03 17:21
USD/JPY Intra-Day Fundamentals: ISM Non-Manufacturing PMI and 22 pips range price movement
2016-03-03 15:00 GMT | [USD - ISM Non-Manufacturing PMI]
if actual > forecast (or previous one) = good for currency (for USD in our case)
[USD - ISM Non-Manufacturing PMI] = Level of a diffusion index based on surveyed purchasing managers, excluding the manufacturing industry.
USD/JPY M5: 22 pips range price movement by ISM Non-Manufacturing PMI news event
Sergey Golubev, 2016.03.04 09:37
Why Is This Event Important:
With the U.S. economy approaching ‘full-employment,’ signs of sticky
wage growth may encourage the FOMC to implement higher borrowing-costs
over the coming months as Chair Janet Yellen remains confident in
achieving the 2% inflation-target over the policy horizon.
Nevertheless, waning business confidence accompanied by fears of a
slowing recovery may drag on hiring, and a dismal NFP report may produce
increased headwinds for the dollar as market participants push out bets
for the next Fed rate-hike.
How To Trade This Event Risk
Bullish USD Trade: NFP Climbs 195K+ Accompanied by Sticky Wage Growth
Ahead of NFP: levels for EUR/USD
EUR/USD: rally to possible bullish reversal. This pair on the bearish market condition with the secondary bear market rally: the price is located near and below 200 period SMA inside ascending triangle pattern to be formed for the possible bearish reversal. RSI indicator is estimating the rally to be continuing with the secondary ranging condition.
Sergey Golubev, 2016.03.04 14:50
EUR/USD Intra-Day Fundamentals: Non-Farm Employment Change and 68 pips price movement
2016-03-04 13:30 GMT | [USD - Non-Farm Employment Change]
[USD - Non-Farm Employment Change] = Change in the number of employed people during the previous month, excluding the farming industry.
"Total nonfarm payroll employment increased by 242,000 in February, and the unemployment rate was unchanged at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment gains occurred in health care and social assistance, retail trade, food services and drinking places, and private educational services. Job losses continued in mining."
EURUSD M5: 68 pips price movement by Non-Farm Employment Change news event