Key Fundamental Forex Events and Forecasts for the Coming
Week The following table lists the key economic data and other
events that are due out during the week of December 26th December
30th, with release times displayed for the GMT time zone. The list
also includes the current market consensus forecast for each event
and indicates what sort of deviation might affect the forex market
valuation of the indicated currency positively. Sunday, December
25th All Day NZD Bank Holiday All Day AUD Bank Holiday Monday,
December 26th All Day CHF Bank Holiday All Day EUR German Bank
Holiday All Day EUR Italian Bank Holiday All Day GBP Bank Holiday
All Day CAD Bank Holiday All Day USD Bank Holiday All Day NZD Bank
Holiday All Day AUD Bank Holiday 11:50pm JPY Monetary Policy
Meeting Minutes (hawkish = good for JPY) Tuesday, December 27th
7:00am CHF UBS Consumption Indicator (last 0.91, good for CHF) All
Day GBP Bank Holiday All Day CAD Bank Holiday 2:00pm USD SP/CS
Composite-20 HPI (-3.2%, good for USD) 3:00pm USD CB Consumer
Confidence (58.5, good for USD) 11:30pm JPY Household Spending
(-1.1%, good for JPY) 11:30pm JPY Tokyo Core CPI (-0.4%, good for
JPY) 11:50pm JPY Preliminary Industrial Production (-0.7%, good for
JPY) 11:50pm JPY Retail Sales (0.1%, good for JPY) Wednesday,
December 28th 1:30am JPY Average Cash Earnings (0.1%, good for JPY)
10:30am CHF KOF Economic Barometer (0.25, good for CHF) Tentative
USD Treasury Currency Report (hawkish = good for USD) Thursday,
December 29th All Day EUR German Preliminary CPI (0.8%, good for
EUR) 9:00am EUR M3 Money Supply (2.5%, good for EUR) 1:30pm USD
Unemployment Claims (370K, good for USD) 2:45pm USD Chicago PMI
(60.4, good for USD) 3:00pm USD Pending Home Sales (1.4%, good for
USD) 4:00pm USD Crude Oil Inventories (last -10.6M, good for USD)
Friday, December 30th 12:30am AUD Private Sector Credit (0.3%, good
for AUD) 2:30am CNY HSBC Final Manufacturing PMI (last 49.0) 7:00am
GBP Nationwide HPI (0.3%, good for GBP) Technical Forecast and
Levels to Watch for the Majors This Week EURUSD: Lower
Resistance:Initial: 1.3145, 1.3197, 1.3211, 1.3241/58, 1.3281,
1.3334, 1.3362, 1.3433, 1.3458, 1.3486, 1.3495 and 1.3546/68.Above:
1.3614, 1.3795/98, 1.3813/27, 1.3854/58, 1.3868, 1.3973, 1.4054,
1.4246 and 1.4548. Support:Initial: 1.3055, 1.3000, 1.2983, 1.2968,
1.2957, 1.2946 and 1.2917.Below: 1.2873, 1.2643, 1.2586 and
1.1876. USDJPY: Mildly Higher Resistance:Initial: 78.06/16, 78.22,
78.28, 78.66, 79.05, 79.40, 79.52, 79.96, 80.00, 80.22 and
80.82.Above: 81.34, 81.76, 82.01/22, 82.77, 83.09 and 83.77.
Support:Initial: 77.61/89, 77.48/49, 77.29, 77.13, 77.00, 76.83,
76.57, 76.41, 76.10, 75.94 and 75.70.Below: 75.65, 75.56, plus
75.00 and 70.00 likely. GBPUSD: Mildly Lower Resistance:Initial:
1.5685, 1.5691, 1.5717, 1.5735/45, 1.5770/74, 1.5868/90, 1.5912/19,
1.5932, 1.5945 and 1.5977.Above: 1.6000, 1.6093, 1.6130/65, 1.6206,
1.6259, 1.6332/47, 1.6434/73, 1.6500/98 and 1.6616.
Support:Initial: 1.5624/29, 1.5557/85, 1.5531/37, 1.5516, 1.5483,
1.5465, 1.5422, 1.5410, 1.5373, 1.5339/55, 1.5326, 1.5293, 1.5270,
1.5123 and 1.5000.Below: 1.4947, 1.4782, 1.4769, 1.4474, 1.4345 and
1.4229. AUDUSD: Higher Resistance:Initial: 1.0216, 1.0224/29,
1.0303/78 and 1.0444/98.Above: 1.0608, 1.0654, 1.0718/84, 1.1010
and 1.1079. Support:Initial: 1.0100/16, 1.0045/52, 1.0027, 1.0000,
0.9925/83, 0.9900, 0.9861/63, 0.9732, 0.9689, 0.9661/67, 0.9651,
0.9620/27, 0.9536/41, 0.9500.Below: 0.9486, 0.9386, 0.9341 and
0.9220. USDCAD: Mildly Lower Resistance:Initial: 1.0199, 1.0207,
1.0221, 1.0232, 1.0262/87, 1.0297, 1.0302, 1.0334/37, 1.0415/23,
1.0438, 1.0481, 1.0500, 1.0506 and 1.0522.Above: 1.0646/56, 1.0669,
1.0742, 1.0756, 1.0785.1.0853, 1.0868, 1.1000 and 1.1101/23.
Support:Initial: 1.0172, 1.0105/42, 1.0026/78, 0.9969 and
0.9934.Below: 0.9891, 0.9828/77, 0.9724/96, 0.9686 and 0.9645.
NZDUSD: Higher Resistance:Initial: 0.7741, 0.7761, 0.7773, 0.7795,
0.7804, 0.7827/36, 0.7855/59 and 0.7878/88.Above: 0.7955/96,
0.8066/93, 0.8109/90 and 0.8240. Support:Initial: 0.7723,
0.7605/72, 0.7568, 0.7500/52, 0.7404/67, 0.7369, 0.7342 and
0.7321.Below: 0.7189, 0.7115, 0.7000, 0.6945/62, 0.6793 and 0.6560.
No comments:
Post a Comment