Daily analysis EURUSD, GBPUSD, AUDUSD by SGT Markets

EUR/USD


Weekly Trend: Bearish
1st Resistance: 1.1260
1st Support: 1.1121
2nd Support: 1.1050
3rd Support: 1.1000
4th Support: 1.0810

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%.

GBP/USD


Weekly Trend: Bearish
1st Resistance: 1.3220
2nd Resistance: 1.3370
1st Support: 1.3020
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.

Eyes on: Construction PMI (key indicator of the activity level in the construction industry in ther UK)

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%.

AUD/USD


Weekly Trend: Neutral
1st Resistance: 0.7690
1st Support: 0.7420
2nd 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 Rates decision cut to from 1.75% to 1.50% as Expected.

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%.

EUR/USD


Weekly Trend: Bearish
1st Resistance: 1.1260
1st Support: 1.1121
2nd Support: 1.1050
3rd Support: 1.1000
4th Support: 1.0810

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%

Eyes on today release: ADP Nonfarm Employment Change

GBP/USD


Weekly Trend: Bearish
1st Resistance: 1.3220
2nd Resistance: 1.3370
1st Support: 1.3020
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

2nd of August Construction PMI (key indicator of the activity level in the construction industry in the UK)
Slightly better than Expected

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%

Eyes on today release: ADP Nonfarm Employment Change

AUD/USD


Weekly Trend: Neutral
1st Resistance: 0.7690
1st Support: 0.7420
2nd 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 Rates decision cut to from 1.75% to 1.50% as Expected

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%

Eyes on today release: ADP Nonfarm Employment Change, ahead of Non-farm payroll change to be released next Friday

EUR/USD


Weekly Trend: Bearish
1st Resistance: 1.1240
2nd Resistance: 1.1290
1st Support: 1.1110
2nd Support: 1.1027
3rd Support: 1.0810

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.

GBP/USD


Weekly Trend: Bearish
1st Resistance: 1.3220
2nd Resistance: 1.3370
3rd Resistance: 1.3598
1st Support: 1.3020
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

Eyes on today release: Bank of England Interest Rates decision (expected a cut)

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.

AUD/USD


Weekly Trend: Neutral
1st Resistance: 0.7690
2nd Resistance: 0.7916
1st Support: 0.7420
2nd 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 Rates decision cut to from 1.75% to 1.50% as Expected

4th of August, Retail Sales (Jun)
Worse than Expected

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.

EUR/USD


Weekly Trend: Bearish
1st Resistance: 1.1240
2nd Resistance: 1.1290
1st Support: 1.1110
2nd Support: 1.1027
3rd Support: 1.0810

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

Eyes on today release: Nonfarm Payrolls and Unemployment Rate

GBP/USD


Weekly Trend: Bearish
1st Resistance: 1.3220
2nd Resistance: 1.3370
3rd Resistance: 1.3598
1st Support: 1.3020
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

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

Eyes on today release: Nonfarm Payrolls and Unemployment Rate

AUD/USD


Weekly Trend: Neutral
1st Resistance: 0.7690
2nd Resistance: 0.7916
1st Support: 0.7420
2nd 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 Rates decision cut to from 1.75% to 1.50% as Expected

4th of August, Retail Sales (Jun)
Worse than Expected

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

Eyes on today release: Nonfarm Payrolls and Unemployment Rate

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
3rd Resistance: 1.3598
1st Support: 1.3020
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

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

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 Rates decision cut to from 1.75% to 1.50% as Expected

4th of August, Retail Sales (Jun)
Worse than Expected

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

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:

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

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 Rates 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

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

EUR/USD


Weekly Trend: Bearish
1st Resistance: 1.1240
2nd Resistance: 1.1290
1st Support: 1.1110
2nd Support: 1.1027
3rd 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

9th of August, United States Nonfarm productivity
Worse than Expected

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

09th of August, Manufacturing Production (measures the change in the total inflation-adjusted value of output produced by manufacturers)
Slightly Worse than Expected

09th of August, Trade Balance
Worse than Expected. Setting a new historical low

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

9th of August, United States Nonfarm productivity
Worse than Expected

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 Rates decision cut to from 1.75% to 1.50% as Expected

4th of August, Retail Sales (Jun)
Worse than Expected

Eyes on today release: Reserve Bank of New Zealand’s rate statement

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

9th of August, United States Nonfarm productivity
Worse than Expected

EUR/USD


Weekly Trend: Bearish
1st Resistance: 1.1240
2nd Resistance: 1.1290
1st Support: 1.1110
2nd Support: 1.1027
3rd 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

9th of August, United States Nonfarm productivity
Worse than Expected

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

09th of August, Manufacturing Production (measures the change in the total inflation-adjusted value of output produced by manufacturers)
Slightly Worse than Expected

09th of August, Trade Balance
Worse than Expected. Setting a new historical low

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

9th of August, United States Nonfarm productivity
Worse than Expected

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 Rates decision cut to from 1.75% to 1.50% as Expected

4th of August, Retail Sales (Jun)
Worse than Expected

11th of August, Reserve Bank of New Zealand’s rate statement
Interest rates cut (to 2%) as Expected

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

9th of August, United States Nonfarm productivity
Worse than Expected

EUR/USD


Weekly Trend: Bearish
1st Resistance: 1.1240
2nd Resistance: 1.1290
1st Support: 1.1110
2nd Support: 1.1027
3rd 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

9th of August, United States Nonfarm productivity
Worse than Expected

Eyes on today release: U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)

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

09th of August, Manufacturing Production (measures the change in the total inflation-adjusted value of output produced by manufacturers)
Slightly Worse than Expected

09th of August, Trade Balance
Worse than Expected. Setting a new historical low

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

9th of August, United States Nonfarm productivity
Worse than Expected

Eyes on today release: U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)

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 Rates decision cut to from 1.75% to 1.50% as Expected

4th of August, Retail Sales (Jun)
Worse than Expected

11th of August, Reserve Bank of New Zealand’s rate statement
Interest rates cut (to 2%) as Expected

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

9th of August, United States Nonfarm productivity
Worse than Expected

Eyes on today release: U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)

EUR/USD




Weekly Trend: Bearish

1st Resistance: 1.1240
2nd Resistance: 1.1290
1st Support: 1.1110
2nd Support: 1.1027
3rd 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

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

09th of August, Manufacturing Production (measures the change in the total inflation-adjusted value of output produced by manufacturers)
Slightly Worse than Expected

09th of August, Trade Balance
Worse than Expected. Setting a new historical low

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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

AUD/USD


Weekly Trend: Bearish
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 Rates decision cut to from 1.75% to 1.50% as Expected

4th of August, Retail Sales (Jun)
Worse than Expected

11th of August, Reserve Bank of New Zealand’s rate statement
Interest rates cut (to 2%) as Expected


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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

EUR/USD


Weekly Trend: Bearish
1st Resistance: 1.1240
2nd Resistance: 1.1285
1st Support: 1.1115
2nd Support: 1.1027
3rd Support: 1.0995

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

Eyes on today release: German ZEW Economic Sentiment (gauges the six-month economic outlook. The reading is compiled from a survey of about 350 German institutional investors and analysts)

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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

Eyes on today release: Building Permits (key indicator of demand in the housing market) and Core CPI Index (measures price change from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation)

GBP/USD


Weekly Trend: Bearish
1st Resistance: 1.3080
2nd Resistance:1.3220
1st Support:1.2885
2nd Support: 1.2680

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

09th of August, Manufacturing Production (measures the change in the total inflation-adjusted value of output produced by manufacturers)
Slightly Worse than Expected

09th of August, Trade Balance
Worse than Expected. Setting a new historical low

Eyes on today release: UK Consumer Price Index (measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation)

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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

Eyes on today release: Building Permits (key indicator of demand in the housing market) and Core CPI Index (measures price change from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation)

AUD/USD


Weekly Trend: Bearish
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 Rates decision cut to from 1.75% to 1.50% as Expected

4th of August, Retail Sales (Jun)
Worse than Expected

11th of August, Reserve Bank of New Zealand’s rate statement
Interest rates cut (to 2%) as Expected

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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

Eyes on today release: Building Permits (key indicator of demand in the housing market) and Core CPI Index (measures price change from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation)

EUR/USD


Weekly Trend: Bearish
1st Resistance: 1.1285
2nd Resistance: 1.1340
1st Support: 1.1205
2nd Support: 1.1115
3rd Support: 1.1027


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 since last February

16th of August, German ZEW Economic Sentiment (gauges the six-month economic outlook. The reading is compiled from a survey of about 350 German institutional investors and analysts)
Contrasted (ZEW Current Conditions better than Expected, ZEW Economic Sentiment worse than Expected)

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

Eyes on today FOMC Meeting Minutes (U.S.A.)

GBP/USD


Weekly Trend: Bearish
1st Resistance: 1.3080
2nd Resistance: 1.3220
1st Support: 1.2885
2nd Support: 1.2680

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

09th of August, Manufacturing Production (measures the change in the total inflation-adjusted value of output produced by manufacturers)
Slightly Worse than Expected

09th of August, Trade Balance
Worse than Expected. Setting a new historical low

16th of August, UK Consumer Price Index (measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation)
Higher than Expected. Setting a new high since January 2015

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

Eyes on today FOMC Meeting Minutes (U.S.A.)


AUD/USD


Weekly Trend: Bearish
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 Rates decision cut to from 1.75% to 1.50% as Expected

4th of August, Retail Sales (Jun)
Worse than Expected

11th of August, Reserve Bank of New Zealand’s rate statement
Interest rates cut (to 2%) as Expected

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

Eyes on today FOMC Meeting Minutes (U.S.A.)

EUR/USD


Weekly Trend: Overbought
1st Resistance: 1.1340
1st Support: 1.1205
2nd Support: 1.1115
3rd Support: 1.1027

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 since last February

16th of August, German ZEW Economic Sentiment (gauges the six-month economic outlook. The reading is compiled from a survey of about 350 German institutional investors and analysts)
Contrasted (ZEW Current Conditions better than Expected, ZEW Economic Sentiment worse than Expected)

Eyes on today release: European CPI (Consumer Price Index, measures the change in the price of goods and services from the perspective of the consumer)

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

17th of August, FOMC Meeting Minutes (U.S.A.)
Economists see the December meeting as the most likely time for a rate increase since it follows the U.S. presidential election

GBP/USD


Weekly Trend: Bearish
1st Resistance: 1.3080
2nd Resistance: 1.3220
1st Support: 1.2885
2nd Support: 1.2680

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

09th of August, Manufacturing Production (measures the change in the total inflation-adjusted value of output produced by manufacturers)
Slightly Worse than Expected

09th of August, Trade Balance
Worse than Expected. Setting a new historical low

16th of August, UK Consumer Price Index (measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation)
Higher than Expected. Setting a new high since January 2015

Eyes on today release: U.K. Retail Sales

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

17th of August, FOMC Meeting Minutes (U.S.A.)
Economists see the December meeting as the most likely time for a rate increase since it follows the U.S. presidential election


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 Rates decision cut to from 1.75% to 1.50% as Expected

4th of August, Retail Sales (Jun)
Worse than Expected

11th of August, Reserve Bank of New Zealand’s rate statement
Interest rates cut (to 2%) as Expected

18th of August, Employment Change
Better than Expected. Highest since the beginning of this year

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

17th of August, FOMC Meeting Minutes (U.S.A.)
Economists see the December meeting as the most likely time for a rate increase since it follows the U.S. presidential election

EUR/USD


Weekly Trend: Overbought
1st Resistance: 1.1340
2nd Resistance: 1.1385
1st Support: 1.1205
2nd Support: 1.1115
3rd Support: 1.1027

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 since last February

16th of August, German ZEW Economic Sentiment (gauges the six-month economic outlook. The reading is compiled from a survey of about 350 German institutional investors and analysts)
Contrasted (ZEW Current Conditions better than Expected, ZEW Economic Sentiment worse than Expected)

Eyes on today release: European CPI (Consumer Price Index, measures the change in the price of goods and services from the perspective of the consumer)

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

17th of August, FOMC Meeting Minutes (U.S.A.)
Economists see the December meeting as the most likely time for a rate increase since it follows the U.S. presidential election

GBP/USD


Weekly Trend: Overbought
1st Resistance: 1.3220
2nd Resistance: 1.3380
1st Support: 1.3080
2nd Support: 1.2885
3rd Support: 1.2680

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

09th of August, Manufacturing Production (measures the change in the total inflation-adjusted value of output produced by manufacturers)
Slightly Worse than Expected

09th of August, Trade Balance
Worse than Expected. Setting a new historical low

16th of August, UK Consumer Price Index (measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation)
Higher than Expected. Setting a new high since January 2015

18th of August, U.K. Retail Sales
Better than Expected. Core Retail Sales YoY at the highest since November 2015

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

17th of August, FOMC Meeting Minutes (U.S.A.)
Economists see the December meeting as the most likely time for a rate increase since it follows the U.S. presidential election

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 Rates decision cut to from 1.75% to 1.50% as Expected

4th of August, Retail Sales (Jun)
Worse than Expected

11th of August, Reserve Bank of New Zealand’s rate statement
Interest rates cut (to 2%) as Expected

18th of August, Employment Change
Better than Expected. Highest since the beginning of this year

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

17th of August, FOMC Meeting Minutes (U.S.A.)
Economists see the December meeting as the most likely time for a rate increase since it follows the U.S. presidential election

EUR/USD


Weekly Trend: Overbought
1st Resistance: 1.1340
2nd Resistance: 1.1385
1st Support: 1.1205
2nd Support: 1.1115
3rd Support: 1.1027

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, European CPI (key preliminary inflation data in Europe)
Higher than Expected. Setting a new high since last February

18th of August, European CPI confirmed at 0.2% as Expected and as per previous month


USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

17th of August, FOMC Meeting Minutes (U.S.A.)
Economists see the December meeting as the most likely time for a rate increase since it follows the U.S. presidential election


GBP/USD


Weekly Trend: Overbought
1st Resistance: 1.3220
2nd Resistance: 1.3380
1st Support: 1.3080
2nd Support: 1.2885
3rd Support: 1.2680

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

9th of August, Manufacturing Production (measures the change in the total inflation-adjusted value of output produced by manufacturers)
Slightly Worse than Expected

9th of August, Trade Balance
Worse than Expected. Setting a new historical low

16th of August, UK Consumer Price Index (measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation)
Higher than Expected. Setting a new high since January 2015

18th of August, U.K. Retail Sales
Better than Expected. Core Retail Sales YoY at the highest since November 2015

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

17th of August, FOMC Meeting Minutes (U.S.A.)
Economists see the December meeting as the most likely time for a rate increase since it follows the U.S. presidential election

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 Rates decision cut to from 1.75% to 1.50% as Expected

4th of August, Retail Sales (Jun)
Worse than Expected

11th of August, Reserve Bank of New Zealand’s rate statement
Interest rates cut (to 2%) as Expected

18th of August, Employment Change
Better than Expected. Highest since the beginning of this year

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

17th of August, FOMC Meeting Minutes (U.S.A.)
Economists see the December meeting as the most likely time for a rate increase since it follows the U.S. presidential election

EUR/USD


Weekly Trend: Overbought
1st Resistance: 1.1340
2nd Resistance: 1.1385
1st Support: 1.1205
2nd Support: 1.1115
3rd Support: 1.1027

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, European CPI (key preliminary inflation data in Europe)
Higher than Expected. Setting a new high since last February

18th of August, European CPI confirmed at 0.2% as Expected and as per previous month

Eyes on today release: German Manufacturing Purchasing Managers’ Index (PMI) and Markit Composite PMI: they measure the activity level of purchasing managers in the manufacturing sector in Europe

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

17th of August, FOMC Meeting Minutes (U.S.A.)
Economists see the December meeting as the most likely time for a rate increase since it follows the U.S. presidential election

Eyes on today release: U.S. New Home Sales: it measures the annualized number of new single-family homes that were sold during the previous month

GBP/USD


Weekly Trend: Overbought
1st Resistance: 1.3220
2nd Resistance: 1.3380
1st Support: 1.3080
2nd Support: 1.2885
3rd Support: 1.2680

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

9th of August, Manufacturing Production (measures the change in the total inflation-adjusted value of output produced by manufacturers)
Slightly Worse than Expected

9th of August, Trade Balance
Worse than Expected. Setting a new historical low

16th of August, UK Consumer Price Index (measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation)
Higher than Expected. Setting a new high since January 2015

18th of August, U.K. Retail Sales
Better than Expected. Core Retail Sales YoY at the highest since November 2015

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

17th of August, FOMC Meeting Minutes (U.S.A.)
Economists see the December meeting as the most likely time for a rate increase since it follows the U.S. presidential election

Eyes on today release: U.S. New Home Sales: it measures the annualized number of new single-family homes that were sold during the previous month

AUD/USD


Weekly Trend: Overbought
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 Rates decision cut to from 1.75% to 1.50% as Expected

4th of August, Retail Sales (Jun)
Worse than Expected

11th of August, Reserve Bank of New Zealand’s rate statement
Interest rates cut (to 2%) as Expected

18th of August, Employment Change
Better than Expected. Highest since the beginning of this year

Eyes on tomorrow release: New Zealand Trade Balance and Australia’s Construction Work Done (it measures the change in the total value of completed construction projects)

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

17th of August, FOMC Meeting Minutes (U.S.A.)
Economists see the December meeting as the most likely time for a rate increase since it follows the U.S. presidential election

Eyes on today release: U.S. New Home Sales: it measures the annualized number of new single-family homes that were sold during the previous month

EUR/USD


Weekly Trend: Overbought
1st Resistance: 1.1340
2nd Resistance: 1.1385
1st Support: 1.1205
2nd Support: 1.1115
3rd Support: 1.1027

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, European CPI (key preliminary inflation data in Europe)
Higher than Expected. Setting a new high since last February

18th of August, European CPI confirmed at 0.2% as Expected and as per previous month

23rd of August, German Manufacturing Purchasing Managers’ Index (PMI) and Markit Composite PMI: they measure the activity level of purchasing managers in the manufacturing sector in Europe
Contrasted: Markit Eurozone PMI inched up to a seven-month high, while Manufacturing PMI and German Services PMI slow down in August

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

17th of August, FOMC Meeting Minutes (U.S.A.)
Economists see the December meeting as the most likely time for a rate increase since it follows the U.S. presidential election

23rd of August, U.S. New Home Sales: it measures the annualized number of new single-family homes that were sold during the previous month
Better than Expected. Setting a new high since December 2007

GBP/USD


Weekly Trend: Overbought
1st Resistance: 1.3220
2nd Resistance: 1.3380
1st Support: 1.3080
2nd Support: 1.2885
3rd Support: 1.2680

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

9th of August, Manufacturing Production (measures the change in the total inflation-adjusted value of output produced by manufacturers)
Slightly Worse than Expected

9th of August, Trade Balance
Worse than Expected. Setting a new historical low

16th of August, UK Consumer Price Index (measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation)
Higher than Expected. Setting a new high since January 2015

18th of August, U.K. Retail Sales
Better than Expected. Core Retail Sales YoY at the highest since November 2015

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

17th of August, FOMC Meeting Minutes (U.S.A.)
Economists see the December meeting as the most likely time for a rate increase since it follows the U.S. presidential election

23rd of August, U.S. New Home Sales: it measures the annualized number of new single-family homes that were sold during the previous month
Better than Expected. Setting a new high since December 2007


AUD/USD


Weekly Trend: Overbought
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 Rates decision cut to from 1.75% to 1.50% as Expected

4th of August, Retail Sales (Jun)
Worse than Expected

11th of August, Reserve Bank of New Zealand’s rate statement
Interest rates cut (to 2%) as Expected

18th of August, Employment Change
Better than Expected. Highest since the beginning of this year

24th of August, New Zealand Trade Balance and Australia’s Construction Work Done (it measures the change in the total value of completed construction projects)
Worse than Expected

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

17th of August, FOMC Meeting Minutes (U.S.A.)
Economists see the December meeting as the most likely time for a rate increase since it follows the U.S. presidential election

23rd of August, U.S. New Home Sales: it measures the annualized number of new single-family homes that were sold during the previous month
Better than Expected. Setting a new high since December 2007

EUR/USD


Weekly Trend: Overbought
1st Resistance: 1.1340
2nd Resistance: 1.1385
1st Support: 1.1205
2nd Support: 1.1115
3rd Support: 1.1027

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, European CPI (key preliminary inflation data in Europe)
Higher than Expected. Setting a new high since last February

18th of August, European CPI confirmed at 0.2% as Expected and as per previous month

23rd of August, German Manufacturing Purchasing Managers’ Index (PMI) and Markit Composite PMI: they measure the activity level of purchasing managers in the manufacturing sector in Europe
Contrasted: Markit Eurozone PMI inched up to a seven-month high, while Manufacturing PMI and German Services PMI slow down in August

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

17th of August, FOMC Meeting Minutes (U.S.A.)
Economists see the December meeting as the most likely time for a rate increase since it follows the U.S. presidential election

23rd of August, U.S. New Home Sales: it measures the annualized number of new single-family homes that were sold during the previous month
Better than Expected. Setting a new high since December 2007

Eyes on today release: U.S. Core Durable Goods Orders MoM (measures the change in the total value of new orders for long lasting manufactured goods, excluding transportation items)

GBP/USD


Weekly Trend: Overbought
1st Resistance: 1.3220
2nd Resistance: 1.3380
1st Support: 1.3080
2nd Support: 1.2885
3rd Support: 1.2680


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

9th of August, Manufacturing Production (measures the change in the total inflation-adjusted value of output produced by manufacturers)
Slightly Worse than Expected

9th of August, Trade Balance
Worse than Expected. Setting a new historical low

16th of August, UK Consumer Price Index (measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation)
Higher than Expected. Setting a new high since January 2015

18th of August, U.K. Retail Sales
Better than Expected. Core Retail Sales YoY at the highest since November 2015

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

17th of August, FOMC Meeting Minutes (U.S.A.)
Economists see the December meeting as the most likely time for a rate increase since it follows the U.S. presidential election

23rd of August, U.S. New Home Sales: it measures the annualized number of new single-family homes that were sold during the previous month
Better than Expected. Setting a new high since December 2007

Eyes on today release: U.S. Core Durable Goods Orders MoM (measures the change in the total value of new orders for long lasting manufactured goods, excluding transportation items)

AUD/USD


Weekly Trend: Overbought
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 Rates decision cut to from 1.75% to 1.50% as Expected

4th of August, Retail Sales (Jun)
Worse than Expected

11th of August, Reserve Bank of New Zealand’s rate statement
Interest rates cut (to 2%) as Expected

18th of August, Employment Change
Better than Expected. Highest since the beginning of this year

24th of August, New Zealand Trade Balance and Australia’s Construction Work Done (it measures the change in the total value of completed construction projects)
Worse than Expected

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

17th of August, FOMC Meeting Minutes (U.S.A.)
Economists see the December meeting as the most likely time for a rate increase since it follows the U.S. presidential election

23rd of August, U.S. New Home Sales: it measures the annualized number of new single-family homes that were sold during the previous month
Better than Expected. Setting a new high since December 2007

Eyes on today release: U.S. Core Durable Goods Orders MoM (measures the change in the total value of new orders for long lasting manufactured goods, excluding transportation items)

EUR/USD


Weekly Trend: Overbought
1st Resistance: 1.1340
2nd Resistance: 1.1385
1st Support: 1.1205
2nd Support: 1.1115
3rd Support: 1.1027

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, European CPI (key preliminary inflation data in Europe)
Higher than Expected. Setting a new high since last February

18th of August, European CPI confirmed at 0.2% as Expected and as per previous month

23rd of August, German Manufacturing Purchasing Managers’ Index (PMI) and Markit Composite PMI: they measure the activity level of purchasing managers in the manufacturing sector in Europe
Contrasted: Markit Eurozone PMI inched up to a seven-month high, while Manufacturing PMI and German Services PMI slow down in August

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

17th of August, FOMC Meeting Minutes (U.S.A.)
Economists see the December meeting as the most likely time for a rate increase since it follows the U.S. presidential election

23rd of August, U.S. New Home Sales: it measures the annualized number of new single-family homes that were sold during the previous month
Better than Expected. Setting a new high since December 2007

25th of August, U.S. Core Durable Goods Orders MoM (measures the change in the total value of new orders for long lasting manufactured goods, excluding transportation items)
Better than Expected

Eyes on today release: U.S. GDP (Gross Domestic Product, a leading indicator of economic health) and Yellen’s (Fed Chair) Speech

GBP/USD


Weekly Trend: Overbought
1st Resistance: 1.3220
2nd Resistance: 1.3380
1st Support: 1.3080
2nd Support: 1.2885
3rd Support: 1.2680

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

9th of August, Manufacturing Production (measures the change in the total inflation-adjusted value of output produced by manufacturers)
Slightly Worse than Expected

9th of August, Trade Balance
Worse than Expected. Setting a new historical low

16th of August, UK Consumer Price Index (measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation)
Higher than Expected. Setting a new high since January 2015

18th of August, U.K. Retail Sales
Better than Expected. Core Retail Sales YoY at the highest since November 2015

Eyes on today release: UK GDP (Gross Domestic Product, a leading indicator of economic health)

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

17th of August, FOMC Meeting Minutes (U.S.A.)
Economists see the December meeting as the most likely time for a rate increase since it follows the U.S. presidential election

23rd of August, U.S. New Home Sales: it measures the annualized number of new single-family homes that were sold during the previous month
Better than Expected. Setting a new high since December 2007

25th of August, U.S. Core Durable Goods Orders MoM (measures the change in the total value of new orders for long lasting manufactured goods, excluding transportation items)
Better than Expected

Eyes on today release: U.S. GDP (Gross Domestic Product, a leading indicator of economic health) and Yellen’s (Fed Chair) Speech


AUD/USD



Weekly Trend: Overbought

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 Rates decision cut to from 1.75% to 1.50% as Expected

4th of August, Retail Sales (Jun)
Worse than Expected

11th of August, Reserve Bank of New Zealand’s rate statement
Interest rates cut (to 2%) as Expected

18th of August, Employment Change
Better than Expected. Highest since the beginning of this year

24th of August, New Zealand Trade Balance and Australia’s Construction Work Done (it measures the change in the total value of completed construction projects)
Worse than Expected

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

17th of August, FOMC Meeting Minutes (U.S.A.)
Economists see the December meeting as the most likely time for a rate increase since it follows the U.S. presidential election

23rd of August, U.S. New Home Sales: it measures the annualized number of new single-family homes that were sold during the previous month
Better than Expected. Setting a new high since December 2007

25th of August, U.S. Core Durable Goods Orders MoM (measures the change in the total value of new orders for long lasting manufactured goods, excluding transportation items)
Better than Expected

Eyes on today release: U.S. GDP (Gross Domestic Product, a leading indicator of economic health) and Yellen’s (Fed Chair) Speech

EUR/USD


Weekly Trend: Overbought
1st Resistance: 1.1340
2nd Resistance: 1.1385
1st Support: 1.1205
2nd Support: 1.1115
3rd Support:
1.1027

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, European CPI (key preliminary inflation data in Europe)
Higher than Expected. Setting a new high since last February

18th of August, European CPI confirmed at 0.2% as Expected and as per previous month

23rd of August, German Manufacturing Purchasing Managers’ Index (PMI) and Markit Composite PMI: they measure the activity level of purchasing managers in the manufacturing sector in Europe
Contrasted: Markit Eurozone PMI inched up to a seven-month high, while Manufacturing PMI and German Services PMI slow down in August

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

17th of August, FOMC Meeting Minutes (U.S.A.)
Economists see the December meeting as the most likely time for a rate increase since it follows the U.S. presidential election

23rd of August, U.S. New Home Sales: it measures the annualized number of new single-family homes that were sold during the previous month
Better than Expected. Setting a new high since December 2007

25th of August, U.S. Core Durable Goods Orders MoM (measures the change in the total value of new orders for long lasting manufactured goods, excluding transportation items)
Better than Expected

26th of August, U.S. GDP (Gross Domestic Product, a leading indicator of economic health) and Yellen’s (Fed Chair) Speech
U.S. GDP of Q2 pared Expectation
Fed’s Yellen says case for another interest-rate hike has strengthened but eyes on the next data from U.S.

GBP/USD


Weekly Trend: Overbought
1st Resistance: 1.3220
2nd Resistance: 1.3380
1st Support: 1.3080
2nd Support: 1.2885
3rd Support: 1.2680

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

9th of August, Manufacturing Production (measures the change in the total inflation-adjusted value of output produced by manufacturers)
Slightly Worse than Expected

9th of August, Trade Balance
Worse than Expected. Setting a new historical low

16th of August, UK Consumer Price Index (measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation)
Higher than Expected. Setting a new high since January 2015

18th of August, U.K. Retail Sales
Better than Expected. Core Retail Sales YoY at the highest since November 2015

26th of August, UK GDP (Gross Domestic Product, a leading indicator of economic health)
As Expected

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

17th of August, FOMC Meeting Minutes (U.S.A.)
Economists see the December meeting as the most likely time for a rate increase since it follows the U.S. presidential election

23rd of August, U.S. New Home Sales: it measures the annualized number of new single-family homes that were sold during the previous month
Better than Expected. Setting a new high since December 2007

25th of August, U.S. Core Durable Goods Orders MoM (measures the change in the total value of new orders for long lasting manufactured goods, excluding transportation items)
Better than Expected

26th of August, U.S. GDP (Gross Domestic Product, a leading indicator of economic health) and Yellen’s (Fed Chair) Speech
U.S. GDP of Q2 pared Expectation
Fed’s Yellen says case for another interest-rate hike has strengthened but eyes on the next data from U.S.

AUD/USD



Weekly Trend: Overbought

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 Rates decision cut to from 1.75% to 1.50% as Expected

4th of August, Retail Sales (Jun)
Worse than Expected

11th of August, Reserve Bank of New Zealand’s rate statement
Interest rates cut (to 2%) as Expected

18th of August, Employment Change
Better than Expected. Highest since the beginning of this year

24th of August, New Zealand Trade Balance and Australia’s Construction Work Done (it measures the change in the total value of completed construction projects)
Worse than Expected

USD

Recent Facts:

21st of July 2016, Existing Home Sales
Better than Expected. Setting a new high since 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

9th of August, United States Nonfarm productivity
Worse than Expected

12th of August, U.S. Retail Sales (essential for a better understanding of the Fed’s future interest rates policies)
Worse than Expected

16th of August, Building Permits
Worse than Expected

17th of August, FOMC Meeting Minutes (U.S.A.)
Economists see the December meeting as the most likely time for a rate increase since it follows the U.S. presidential election

23rd of August, U.S. New Home Sales: it measures the annualized number of new single-family homes that were sold during the previous month
Better than Expected. Setting a new high since December 2007

25th of August, U.S. Core Durable Goods Orders MoM (measures the change in the total value of new orders for long lasting manufactured goods, excluding transportation items)
Better than Expected

26th of August, U.S. GDP (Gross Domestic Product, a leading indicator of economic health) and Yellen’s (Fed Chair) Speech
U.S. GDP of Q2 pared Expectation
Fed’s Yellen says case for another interest-rate hike has strengthened but eyes on the next data from U.S.