EUR/USD
Weekly Trend: Bearish
1st Resistance: 1.1110
2nd Resistance: 1.1240
3rd Resistance: 1.1290
1st Support: 1.1027
2nd Support: 1.0907
EUR
Recent Facts:
22nd of July 2016, German Manufacturing PMI (key indicator of the activity level of purchasing managers in the manufacturing sector as surveyed in Germany)
Better than expected. Setting a new high from May 2014
28th of July, German Unemployment Change
Better than expected.
29th of July, CPI (key preliminary inflation data in Europe)
Higher than expected. Setting a new high from last February
USD
Recent Facts:
21st of July 2016, Existing Home Sales
Better than expected. Setting a new high from August 2015, which was the highest value of the last 6 years
29th of July, Gross Domestic Product QoQ (preliminary)
Worse than expected. Actual = +1.2% Expectations were at +2.6%
3rd of August, ADP Nonfarm Employment Change
Better than expected. Continuing the up-trend from last May
5th of August, Nonfarm Payrolls and Unemployment Rate
Nonfarm Payrolls better than expected (for the second month in a row), Unemployment Rate pared
GBP/USD
Weekly Trend: Bearish
1st Resistance: 1.3220
2nd Resistance: 1.3370
1st Support: 1.2930
2nd Support: 1.2810
GBP
Recent Facts:
22nd of July 2016, UK Services PMI (key indicator of the activity level of purchasing managers in the services sector)
Worse than expected. Setting a new historical low, the lowest value of the last 7 years
27th of July 2016, Gross Domestic Product (preliminary)
Better than expected
4th of August, Bank of England Interest Rates decision (expected a cut)
Bank of England lowers interest rates as expected (record low of 0.25%) and increases purchase program
Eyes on today release: Manufacturing Production (measures the change in the total inflation-adjusted value of output produced by manufacturers)
USD
Recent Facts:
See above.
AUD/USD
Weekly Trend: Neutral
1st Resistance: 0.7690
2nd Resistance: 0.7916
1st Support: 0.7510
2nd Support: 0.7420
3rd Support: 0.7200
AUD
Recent Facts:
19th of July 2016, Reserve Bank of Australia Meeting
Possible further easing in the next month to counteract the negative shock from the Brexit vote
26th of July, CPI (key inflation data in Australia) pared
2nd of August, Interest Rate decision cut to from 1.75% to 1.50% as Expected
4th of August, Retail Sales (Jun)
Worse than expected
Eyes on 10th of August release: Consumer sentiment, Home loans and RBA Governor Stevens speech
0 commentaires:
Enregistrer un commentaire