Premium5 468x60 forex
Results 1 to 3 of 3

Weekly Outlook: 2016, September 04 - September 11

This is a discussion on Weekly Outlook: 2016, September 04 - September 11 within the Forex Trading forums, part of the Trading Forum category; Kuroda’s speech, Rate decision in Australia, Canada the EU, Employment data in the US and Canada as well as US ...

          
   
  1. #1
    Senior Member 1Finance's Avatar
    Join Date
    Feb 2014
    Posts
    1,519
    Blog Entries
    340

    Weekly Outlook: 2016, September 04 - September 11

    Weekly Outlook: 2016, September 04 - September 11-eurusd-d1-metaquotes-software-corp.png


    Kuroda’s speech, Rate decision in Australia, Canada the EU, Employment data in the US and Canada as well as US Crude Oil Inventories. These are the highlights of this week.

    1. Haruhiko Kuroda speaks: Monday, 4:30. Bank of Japan Governor Haruhiko Kuroda will speak in Tokyo. Volatility is expected.
    2. Australian rate decision: Tuesday, 4:30. Economists anticipate more easing measures in the coming months with a 68% chance for another cut is December.
    3. US ISM Non-Manufacturing PMI: Tuesday, 16:00. The ISM Non-Manufacturing index is expected to reach 55.4 this time.
    4. Australian GDP: Wednesday, 1:30.
    5. Canadian rate decision: Wednesday, 14:00. Economists do not expect a change in monetary policy anytime soon.
    6. EU rate decision: Thursday, 11:45. Analysts expect the ECB will act in the fall or winter to extend its bond-buying stimulus program past its expiry date of March 2017.
    7. US Unemployment rate: Thursday, 12:30.
    8. US Crude Oil Inventories: Thursday, 15:00. This unexpected trend cast shadow over the oil industry in the coming months.
    9. Canadian Employment data: Friday, 12:30.



    the source
    Last edited by 1Finance; 09-03-2016 at 08:39 AM.
    Trading blogs || My blog

  2. #2
    Senior Member mql5's Avatar
    Join Date
    May 2013
    Posts
    1,612
    Blog Entries
    495

    EURUSD Technical Analysis 2016, 04.09 - 11.09: ranging bullish or bearish reversal

    Daily price is located in the bullish area of the chart to be near and above Senkou Span line of Ichimoku indicator on the border between the primary bearish and the primary bullish trend.

    • The price is testing 1.1122 support level to below for the bearish reversal to be started.
    • Chinkou Span line of Ichimoku indicator is located near and above the price indicating the possible breakdown to be started in the near future.
    • Absolute Strength indicator is estimating the bearish reversal.
    • Symmetric triangle pattern was formed by the price, and if the price breaks this pattern to above together with 1.1365 resistance level so the primary bullish trend will be resumed.

    If D1 price breaks 1.1122 support level on close bar so the reversal of the daily price movement to the primary bearish market condition will be started with 1.0951 lever as a nearest daily target.
    If D1 price breaks 1.1365 resistance level on close bar from below to above so the bullish trend will be resumed.
    If not so the price will be on bullish ranging within 1.1365/1.1122 levels.

    Weekly Outlook: 2016, September 04 - September 11-eurusd-d1-alpari-limited.png


    • Recommendation for long: watch close D1 price to break 1.1365 for possible buy trade
    • Recommendation to go short: watch D1 price to break 1.1122 support level for possible sell trade
    • Trading Summary: ranging near bearish reversal

    Resistance Support
    1.1365 1.1122
    N/A 1.0951

    SUMMARY : ranging near bearish reversal
    TREND : ranging
    Metatrader 5 / Metatrader 4 for MQL5 / MQL4 articles preview preview
    Trading blogs || My blog

  3. #3
    Administrator newdigital's Avatar
    Join Date
    Feb 2013
    Posts
    9,800
    Blog Entries
    1505
    Follow newdigital On Twitter Add newdigital on Facebook Add newdigital on Google+ Add newdigital on MySpace
    Add newdigital on Linkedin

    GBP/USD M5: 53 pips range price movement by U.K. Services PMI news event

    GBP/USD M5: 53 pips range price movement by U.K. Services PMI news event

    Weekly Outlook: 2016, September 04 - September 11-gbpusd-m5-metaquotes-software-corp-2.png
    Premium Trading Forum: subscription, public discussion and latest news
    Trading Forum wiki || Social networks for the forum
    Trading blogs || My blog
    ePayments: premium subscription without paypal

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •