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United States New Home Sales
The New Home Sales indicator reflects sales of newly constructed residences in the United States in the specified month. It measures new single-family home sales.
The indicator is used for measuring the US housing market conditions. Index growth may have a positive effect on dollar quotes.
Next Release:- 24 Jul 2019 14:00 GMT
EIA United States Crude Oil Stocks Change
The Energy Information Administration's (EIA) Crude Oil Stocks Change Indicator is published weekly. It measures the number of barrels of commercial crude oil held by US companies. It is one of the indicators affecting world oil prices.
Growing crude oil stocks indicate a weaker demand for oil and can have a negative impact on the oil barrel price.
Next Release:- 24 Jul 2019 14:30 GMT
The New Home Sales indicator reflects sales of newly constructed residences in the United States in the specified month. It measures new single-family home sales.
The indicator is used for measuring the US housing market conditions. Index growth may have a positive effect on dollar quotes.
Next Release:- 24 Jul 2019 14:00 GMT
EIA United States Crude Oil Stocks Change
The Energy Information Administration's (EIA) Crude Oil Stocks Change Indicator is published weekly. It measures the number of barrels of commercial crude oil held by US companies. It is one of the indicators affecting world oil prices.
Growing crude oil stocks indicate a weaker demand for oil and can have a negative impact on the oil barrel price.
Next Release:- 24 Jul 2019 14:30 GMT
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United States Initial Jobless Claims
Next Release:- 8 Aug 2019 12:30 GMT
Canada New Housing Price Index m/m
Next Release:- 8 Aug 2019 12:30 GMT
Brazil Consumer Price Index (CPI) m/m
Next Release:- 8 Aug 2019 12:00 GMT
Mexico Consumer Price Index (CPI) m/m
Next Release:- 8 Aug 2019 11:00 GMT
European Central Bank (ECB) Economic Bulletin
Next Release:- 8 Aug 2019 08:00 GMT
USDA WASDE (World Agricultural Supply and Demand Estimates) Report is a monthly supply and demand forecast for grain, oilseeds and cotton. Sugar, meat, poultry, eggs and milk are also taken into account when assessing US demand and supply.
12 Aug 2019 16:00 GMT
United States Federal Budget Balance
Federal Budget Balance reflects the financial activity of the federal government during the reporting month. It displays a balance between all the incomes and expenditures of the state budget. The report is based on the data obtained from government agencies and banks included into the Federal Reserve. A positive Federal Budget Balance can have a positive effect on USD.
12 Aug 2019 18:00 GMT
EIA United States Crude Oil Stocks Change
The Energy Information Administration's (EIA) Crude Oil Stocks Change Indicator is published weekly. It measures the number of barrels of commercial crude oil held by US companies. It is one of the indicators affecting world oil prices. Growing crude oil stocks indicate a weaker demand for oil and can have a negative impact on the oil barrel price.
Next Release:- 20 Nov 2019 15:30 GMT
Singapore Gross Domestic Product (GDP) q/q
Singapore Gross Domestic Product (GDP) q/q reflects the monetary value of all goods and services produced in Singapore during a given quarter compared to the previous one. Indicator values are seasonally adjusted. The indicator growth can have a positive effect on the Singapore dollar quotes. Next Release:- 21 Nov 2019 00:00 GMT
Bank of Canada (BoC) Governor Poloz Speech
Bank of Canada's (BoC) Governor Speech has the greatest impact on the national currency among all official speeches. As head of the BoC's Governing Council, the governor can provide clues regarding future monetary policy and BoC interest rate changes.
Next Release:- 21 Nov 2019 13:40 GMT
United States Existing Home Sales
Existing Home Sales shows the amount of the secondary housing sales for the given month. Only closed deals are considered in the report. The report is used to evaluate the US real estate market. The indicator growth can have a positive effect on US dollar quotes.
Next Release:- 21 Nov 2019 15:00 GMT
Germany Gross Domestic Product (GDP) q/q
Gross Domestic Product q/q reflects the monetary value of all goods and services produced in Germany during a given quarter compared to the previous one. The calculation takes into account private consumption, government spending, the costs of all enterprises and net exports of the country. GDP growth can have a positive effect on euro quotes.
Next Release:- 22 Nov 2019 07:00 GMT
European Central Bank (ECB) President Lagarde Speech
ECB President Speech reflects the official position of the European Central Bank, therefore every speech is carefully examined by the market participants and analysts. If the ECB President's speech suggests any conclusions on the monetary policy or a clear assessment of the economic and financial situation of the eurozone, the speech influences the EU currency. If the speech suggests the tightening of the monetary policy, it is seen as positive for the euro.
Next Release:- 22 Nov 2019 08:30 GMT
Canada Retail Sales m/m
Canada Retail Sales m/m show changes in the value of goods sold in retail stores in the specified month compared to the previous month. The indicator is calculated based on statistics from several thousand retail stores, and the data is then extrapolated to the whole country. The indicator evaluates the consumer activity and inflation. The indicator growth can have a positive effect on CAD quotes.
Next Release:- 22 Nov 2019 13:30 GMT
Canada Core Retail Sales m/m
Canada Core Retail Sales m/m reflect the change in retail sales in the reported month compared to the previous one. The indicator is calculated based on statistics from retail stores of different types and sizes. The index calculation does not include sales of autos and spare parts. Retails Sales are an indicator of consumer activity in Canada, and an important component of national GDP. The indicator growth can have a positive effect on CAD quotes.
Next Release:- 22 Nov 2019 13:30 GMT
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• EUR/USD Previous closed at 1.1042.
“President Donald Trump touted the robust US economy in his State of the Union Speech. Fresh figures will test this strength. The ADP private-sector jobs report is forecast to show an increase of 156,000 positions in January, below the substantial of 202,000 reported in December. The figure serves as a hint toward Friday's official Non-Farm Payrolls.”
If we gauge the news according to the analysis, for pair is expected to be found first support at 1.1035 and forwards to the next support level of 1.1027. The pair is expected to find resistance at 1.1059 and rise forward to the next level resistance level of 1.1067.
GBP/USD
GBP/USD Previous Closed at 1.3029
• “GBP/USD has benefited from the third consecutive beat, this time in the final Services PMI, which hit 53.9 points – the highest since 2018.”
• “Traders are seeing a lower chance that the Bank of England – which left rates unchanged last week – slashes borrowing costs later this year.”
• “The combination of a business-friendly government and a dose of certainty about Brexit – which finally happened, are winning over fears about future EU-UK relations.”
If we gauge the news according to the analysis, for pair is expected to be found first support at 1.2966 and forwards to the next support level of 1.2966, The pair is expected to find resistance at 1.2966 and rise forward to next level resistance level of 1.3071.
Today's Major Economic Events:
• NZD Employment Change q/q
• AUD RBA Governor Lowe Speech
• EUR Retail Sales m/m
• EUR ECB President Lagarde Speech
•
More information about the release time of news and its impact visit Economic Calendar Page!
Gold Price Vulnerable Remains For COVID-19 Vaccine Hopes
The XAU/USD pair continues to the bearish hopes for the consolidation that following the 5% slump. The Technical Confluences Indicators of the pair indicate the recovery of the attempts that seem below the resistance level at $1875 for the convergence of the previous week low and the Fibonacci 61.8% one-day.
The Stack for the minor support level is awaiting around at the level by $1867 levels SMA 10 one hour to the Fibonacci 38.2% to the SMA5 four Hour.
The break will below the level by the previous month with a low level of $1860. The Fierce $1850 support see at the pivot point for the one month S1 to the beat the level by the XAU bears.
Silver Price Trying to Retake the Control Above the level $24.00
The Silver price takes the U-turn from the Intraday low that rising the $24.25 to this Thursday. In the metal buyers that falling the trend line to the Tuesday and the 50% Fibonacci Retracement to the level upside.
The Normal RSI Conditions favoring the continuation of the corrective recovery to the bullion to overcome the $24.30 immediate resistance near the $24.40 to challenge the bull’s level. Meanwhile, 61.8% Fibonacci retracement level near $23.90 offers nearby support to watch should the commodity refreshes intraday low of $24.09.
In the Past silver seller, the price dominates the level at -$23.90 to the ascending trendline to the previous Wednesday at the level by $23.80 to the spotlight.
EUR/USD Pair Makes the Moves to High On Monday's
Acknowledgment over that level would discredit the uncertainty signal by long wicks joined to Monday's light and suggest a continuation of the recovery rally from the Nov. 11 low of 1.1745 toward the Nov. 9 high of the level by 1.1920.
On the other hand, a move below Monday's low of level 1.1814 would suggest a finish of the ricochet from the Nov. 11 low and move risk for a re-trial of 1.1745. A violation there would uncover the Nov. 4 low of 1.1602.
The quick movement would stay nonpartisan as long as the pair is stuck inside Monday's trading of 1.1814-1.1869.
AUD/USD Analysis Goes Up For the Bumpy Road Above at the Level 0.7300
AUD/USD keeps mellow increases above at the level by 0.7300, presently around 0.7322, during early Tuesday.
Among them, the month to a month high of the level 0.7340, set apart on November 09, could turn into the first to frustrate the transient buyers in front of guiding them to in excess of a three-week-old opposition line, close to 0.7370 at this point.
For a situation where the AUD/USD bulls overlook RSI conditions, additionally beat the key protections expressed over, the 0.7400 round-figures and the yearly top encompassing 0.7440 will be at the center of attention.
Then again, a drawback break of 0.7270/75 help conversion, including the expressed SMA and a fortnight-long rising pattern line, should slip below a momentary level zone around 0.7240/45 to review the bears.
In general, the continuous potential gain force is probably going to proceed, however with a couple of remedial pullbacks.