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newdigital, 2014.05.09 15:03
2014-05-09 12:30 GMT (or 14:30 MQ MT5 time) | [CAD - Employment Change]
if actual > forecast = good for currency (for CAD in our case)
Canadian employment change -28.9K vs. 12.0K forecast
Canadian employment change fell unexpectedly last month, official data showed on Friday.
In a report, Statistics Canada said that Canadian employment change fell
to a seasonally adjusted -28.9K, from 42.9K in the preceding month.Analysts had expected Canadian employment change to rise 12.0K last month.
MetaTrader Trading Platform Screenshots
USDCAD, M5, 2014.05.09
MetaQuotes Software Corp., MetaTrader 5, Demo
USDCAD M5 : 71 pips price movement by CAD - Employment Change news event
newdigital, 2014.05.14 06:57
Trading the News: Bank of England Inflation Report (based on dailyfx article)
The Bank of England’s (BoE) Inflation Report may generate fresh highs in
the GBP/USD should the central bank show a greater willingness to
normalize monetary policy sooner rather than later.
Why Is This Event Important:
The fresh developments coming out of BoE may boost interest rate
expectations should the central bank raise its growth and inflation
forecast, and Governor Mark Carney may do little to halt the ongoing
appreciation in the British Pound as it helps the Monetary Policy
Committee (MPC) to deliver price stability in the U.K.
Expectations: Bullish Argument/Scenario
Sticky price growth paired with the ongoing improvement in the U.K.
labor market may prompt the BoE to adopt a more hawkish tone for
monetary policy, and the GBP/USD may continue to extend the advance from
earlier this year should we see a growing number of central bank
officials show a greater willingness to raise the benchmark interest
rate later this year.
Risk: Bearish Argument/Scenario
February 2014 Bank of England Inflation Report
The BoE inflation report is likely to spur volatility in GBP crosses,
especially in the context of the current situation with rate
expectations. At the last release, Carney said that the BoE sees further
rate increases as gradual and limited. At the release we saw the Pound
rally as comments indicated that the central bank saw rate increases,
although gradual, sooner rather than later. Since then we have seen the
appreciating Pound help cap higher inflation and any further indication
that expectations have been lowered may weigh negatively on GBP crosses.
newdigital, 2014.05.14 12:33
2014-05-14 08:30 GMT (or 10:30 MQ MT5 time) | [GBP - Unemployment Rate]
if actual < forecast = good for currency (for GBP in our case)
GBP - Unemployment Rate = Percentage of total work force that is unemployed and actively seeking employment during the past 3 months
U.K. Jobless Rate At 5-Year Low
The U.K. unemployment rate fell to a five-year low in the first
quarter, data from the Office for National Statistics showed Wednesday.
ILO jobless rate declined to 6.8 percent during January to March, in
line with expectations, from 7.2 percent in October to December.
earnings pay including bonuses increased 1.7 percent in the first
quarter from a year earlier. Excluding bonuses, average income advanced
There were 1.12 million people claiming Jobseeker's
Allowance in April, which was down 25,100 from March. Jobless claims, a
narrow measure of unemployment, was expected to fall by 30,000.
claimant count has fallen for 18 consecutive months, ONS said. The
claimant count rate came in at 3.3 percent versus 3.4 percent in March.
due to more self-employed people, employment rose by 283,000 from the
prior quarter to 30.43 million in January to March period.
GBPUSD, M5, 2014.05.14
GBPUSD M5 : 41 pips price movement by GBP - Unemployment Rate news event
GBPUSD M5 : 56 pips price movement by GBP - BOE Inflation Report news event
newdigital, 2014.05.15 10:53
2014-05-14 23:50 GMT (or 01:50 MQ MT5 time) | [JPY - GDP]
if actual > forecast = good for currency (for JPY in our case)
JPY GDP = Change in the inflation-adjusted value of all goods and services produced by the economy
Japan GDP Rises 5.9% On Year In Q1
Japan's gross domestic product expanded 5.9 percent on year in the
first quarter of 2014, the Cabinet Office said in Thursday's preliminary
That was well above forecasts for an increase of 4.2
percent following the downwardly revised 0.3 percent gain in the
previous three months (originally 0.7 percent).
On a quarterly
basis, GDP was up 1.5 percent - also topping expectations for an
increase of 1.0 percent following the downwardly revised 0.1 percent
gain in the fourth quarter (originally 0.2 percent).
Analysts say that the big jump in the economy
was the result of dramatically higher consumer spending - particularly
on big-ticket items - ahead of the higher consumption tax that took
effect in April.
Nominal GDP gained 1.2 percent on quarter, beating forecasts for 1.0 percent following the 0.2 percent gain in Q4.
spending jumped 4.9 percent on quarter - well above forecasts for 2.1
percent after gaining 1.4 percent in the previous three months.
Consumer spending climbed 2.1 percent on quarter - matching expectations and up from 0.4 percent in the three months prior.
GDP deflator was flat on quarter versus forecasts for a fall of 0.1
percent after shedding a downwardly revised 0.4 percent in the three
months prior (originally -0.3 percent).
Also on Thursday, the
Ministry of Economy, Trade and Industry said that its index measuring
tertiary industry activity in Japan was up a seasonally adjusted 2.4
percent on month in March, standing at 103.0.
That was in line with expectations following the upwardly revised 0.9 percent contraction in February (originally -1.0 percent).
the individual components, activity was up for retail sales, personal
services, accommodations, real estate and communications.
Activity was down for financial services, scientific research, utilities and medical care.
USDJPY M5 : 22 pips range price movement by JPY - GDP news event
USDJPY, M5, 2014.05.15
USDJPY M5 : 20 pips price movement by USD - CPI news event
newdigital, 2014.05.15 14:36
2014-05-15 12:30 GMT (or 14:30 MQ MT5 time) | [USD - CPI]
if actual > forecast = good for currency (for USD in our case)
USD CPI = Change in the price of goods and services purchased by consumers
U.S. Consumer Prices Rise 0.3% In April, In Line With Estimates
With prices for gasoline, shelter, and food all rising, the Labor
Department released a report on Thursday showing that U.S. consumer
prices increased in line with economist estimates in the month of April.
Labor Department said its consumer price index rose by 0.3 percent in
April after edging up by 0.2 percent in March. Economists had expected
consumer prices to rise by about 0.3 percent.
The increase in
consumer prices was partly due to continued growth in food prices, which
rose by 0.4 percent for the third consecutive month.
meats, poultry, fish, and eggs showed a notable 1.5 percent increase in
April and are up by 3.9 percent over the last three months.
rebound in energy prices also contributed to higher consumer prices,
with energy prices rising by 0.3 percent in April after dipping by 0.1
percent in March.
Gasoline prices surged up by 2.3 percent in
April after falling for three straight months. Prices for natural gas
showed a more modest 0.3 percent increase.
Excluding the increases
in food and energy prices, core consumer prices still rose by 0.2
percent in April, matching the increase seen in the previous month. Core
prices had been expected to tick up by 0.1 percent.
Department said the growth in core prices reflected increases by most of
the major components, including shelter, medical care, airline fares,
new vehicles, used cars and trucks, and recreation.
monthly increases in prices, the annual rate of consumer price growth
accelerated to 2.0 percent in April from 1.5 percent in March,
representing the biggest increase since last July.
The annual rate of core consumer price growth also ticked up to 1.8 percent in April from 1.7 percent in the previous month.
Dales, Senior U.S. Economist at Capital Economics, said, "It's possible
that some of these rises are payback from the earlier weakness
generated by the bad weather. But most of that rebound took place in
"In short, this could be the start of a widespread pick-up
in price pressures that will take both the CPI and PCE measures of core
inflation above the Fed's 2% target," he added.
On Wednesday, the
Labor Department released a separate report showing that producer
prices rose at their fastest pace in over a year in April.
Labor Department said its producer price index for final demand rose by
0.6 percent in April following a 0.5 percent increase in March.
monthly price growth reflected the biggest increase since September of
2012 and exceeded economist estimates for an uptick of about 0.2
Core producer prices also showed continued growth,
climbing by 0.5 percent in April after rising by 0.6 percent in March.
Core prices had been expected to rise by 0.2 percent.
How to Start with MT5, a summary !
angevoyageur, 2013.03.15 16:12
How to start with MT5 platform : summary.
As our topic about "How to start with Metatrader 5" is going to be huge, here you find a summary, with main links.
Work in progress, stay tuned :-)
Gold is Reaching at 1270
newdigital, 2013.07.01 21:04
How can we know: correction, or bullish etc (in case of using indicator for example)?
well ... let's take AbsoluteStrength indicator from MT5 CodeBase.
bullish (Bull market) :
bearish (Bear market) :
ranging (choppy market - means: buy and sell on the same time) :
flat (sideways market - means: no buy and no sell) :
correction in a bear market (Bear Market Rally) :
newdigital, 2014.05.16 13:32
Trading the News: U. of Michigan Confidence (based on dailyfx article)
U. of Michigan Confidence to Improve for Second Consecutive Month.
- Print of 84.5 Would Mark the Highest Reading Since July.
Trading the News: U. of Michigan Confidence
A second straight rise in the U. of Michigan Confidence survey may spur a
further decline in the EUR/USD as the ongoing improvement in the
world’s largest economy puts increased pressure on the Federal Reserve
to normalize monetary policy sooner rather than later.
Despite expectations for a rate hike in 2015, a further pickup in
household sentiment may undermine the Fed’s scope to retain the
zero-interest rate policy (ZIRP) well into the following year, and a
positive development may help to paint a more bullish outlook for the
dollar as it raises the outlook for growth and inflation.
The ongoing improvement in the labor market along with the expansion in
private sector lending may encourage a further pickup in consumer
sentiment, and a better-than-expected print may generate a more bearish
outlook for the EUR/USD as it raises the prospects for a stronger
However, sticky inflation paired with subdued wage growth may drag
household confidence, and a dismal U. of Michigan release may spur a
more meaningful rebound in the EUR/USD as drags on interest rate
How To Trade This Event Risk
Bullish USD Trade: U. of Michigan Survey Advances to 84.5 or Higher
USDJPY, M5, 2014.05.16
USDJPY M5 : 15 pips price movement by USD - UoM Consumer Sentiment news event
There is very interesting and unique situation for USDJPY for now : breakdown for D1 and W1 timeframes.
D1 timeframe: Chinkou Span line of Ichimoku indicator is crossing historical price on open bar from above to below, and D1 price is located below Ichimoku cloud/kumo. Nearest support level is 101.31Possible breakdown.W1 price: Chinkou Span line is crossing the price on open W1 bar from above to below, but W1 price is located above kumo. Nearest support level is 101.31Possible correction.
D1 price will break 101.31 support on close D1 bar so we may see good price movement with the primary bearish to be continuing.If W1 price will break 101.31 support on close W1 bar so this tendency for downtrend will become long term situation.If not so we may see the ranging market condition.