Last trading day of the week is here, Traders! Let’s make the best of it. The news events to be watching out for are: Europe EUR 07:00 a.m. GMT + 1, German PPI (MoM) (Jul)- the Producer Price Index measures the change in the price of goods and services that are being sold by manufacturers.
On Thursday, we have news coming in from four different economies- Australia, the United Kingdom, European Union and the U.S. Let’s get to it! Australia AUD, 02:30 a.m. GMT +1 Employment Change (Jul)- the number tells us the change in the number of people that have been employed. The measurement is a crucial factor in
We had different reactions from markets at the beginning of the day and then changing course with news flowing in from the U.S. which strengthened the U.S. dollar. USDJPY, Daily timeframe Bullish within a range On Wednesday, price dropped after the FOMC meeting that took place at 19:00 GMT +1. What could take place from
USDJPY, Daily timeframe Bullish within a range (more price action needed to confirm bullishness) We had the pair gain about 88 pips on Tuesday and this bullish action fortified the rejection of the crucial level at 108.68. We should be aware that we’re now within the limits of the range between 108.68 and 114.50 rejection
Today, we have major market catalysts from the United Kingdom and the United States. All listed events could generate increased levels of volatility across the respective markets. United Kingdom GBP 09:30 a.m. GMT + 1, Average Earnings Index + Bonus (Jun)- the index measurement gives us a good indication of how personal income has grown
Hello traders! Tuesday looks promising. We have news from the most influential driver of the Euro Zone economy, Germany. Next on the calendar is the United Kingdom with market-moving news, and finally we’re expecting news from the U.S. Germany EUR 07:00 a.m. GMT +1, German GDP (QoQ), (Q2) P – this is a hot-topic news
USDJPY, Daily timeframe Price movement at a crucial support On Monday, the pair gained about 33 pips. Even though the movement is away from the pivotal support at 108.68, we need to see more strength in order to correctly position ourselves and potentially look for a suitable entry. Provided price surpasses 110.00 we could think
Good morning, Traders! It’s the first trading day of the week and we’re all excited to get started. The market events kick off with news from Japan, then we have Australia coming in, and last but not least China. Japan JPY 00:50 a.m. GMT +1, GDP (QoQ) (Q2) – in the early hours of Monday,