Economic Calendar


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Currency Strenght

Thursday 18 August 2011

Currency Harmonics, EUR,AUD,CAD, CHF Awaiting News


Pair: EURUSD
Date :18/08/2011
Time:13.30pm
News: USD
The Initial Jobless Claims is a seasonally adjusted measure of the number of people who file for unemployment benefits for the first time during the given week. This data is collected by the Department of Labor, and published as a weekly report.
Initial Jobless Claims
Time:1:30pm
Actual -
Forecast 400.00K
Previous 395.00K
The Continuing Jobless Claims measures the amount of people filing for unemployment benefits after the initial filing. It is usually release one week after the Initial Jobless Claims.
Continuing Jobless Claims
Time:1:30pm
Actual -
Forecast 3700.00K
Previous 3690.00K
The Consumer Price Index (CPI) measures the changes in the price of goods and services.
The CPI measures price change from the perspective of the consumer.
It is a key way to measure changes in purchasing trends and inflation in the US. A higher than expected reading should be taken as positive/bullish for the USD (as the common way to fight inflation is raising rates, which may attract foreign investment), while a lower than expected reading should be taken as negative/bearish for the USD.
CPI
Time 3.00pm GMT
Actual -
Forecast 0.20%
Previous -0.20%

The Existing Home Sales measures the annualized number of existing residential buildings that were sold during the previous month.
This report helps to analyze the strength of the US housing market, which helps to analysis the economy as a whole.
Existing Home Sales
Actual -
Forecast 4.90M
Previous 4.77M
Technical’s: Eur Hold support at 1.4374 Resistance @ 1.4514
Breach of the Poseidon line
Strategies
Sell on high 15min Stochastic 1.4393 or 1.4310 or a nice rally to sell
Success %: 88%
Concerns: News rally that takes out 1.4411
Date:
News:
Strategies Update
Synchronize:
Success%:
Short-term Expectation:
Trade:
Concerns


Pair: AUDUSD
Date :18/08/2011
Time:13.30pm
News: USD
The Initial Jobless Claims is a seasonally adjusted measure of the number of people who file for unemployment benefits for the first time during the given week. This data is collected by the Department of Labor, and published as a weekly report.
Initial Jobless Claims
Time:1:30pm
Actual -
Forecast 400.00K
Previous 395.00K

The Continuing Jobless Claims measures the amount of people filing for unemployment benefits after the initial filing. It is usually release one week after the Initial Jobless Claims.
Continuing Jobless Claims
Time:1:30pm
Actual -
Forecast 3700.00K
Previous 3690.00K
The Consumer Price Index (CPI) measures the changes in the price of goods and services.
The CPI measures price change from the perspective of the consumer.
It is a key way to measure changes in purchasing trends and inflation in the US. A higher than expected reading should be taken as positive/bullish for the USD (as the common way to fight inflation is raising rates, which may attract foreign investment), while a lower than expected reading should be taken as negative/bearish for the USD.
CPI
Time 3.00pm GMT
Actual -
Forecast 0.20%
Previous -0.20%

The Existing Home Sales measures the annualized number of existing residential buildings that were sold during the previous month.
This report helps to analyze the strength of the US housing market, which helps to analysis the economy as a whole.
Existing Home Sales
Actual -
Forecast 4.90M
Previous 4.77M
Technical’s: Bearish Gartley evening Star
Strategies
Sell Rallies @ 1.0470 or 1.0491
Success%: 64%
Date:
News:
Strategies Update
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Pair:USDCAD
Date :18/08/2011
Time:13.30pm
News: The Leading Indicators Index measures the percentage change in the index from previous month.
Leading Indicators
Actual -
Forecast 0.50%
Previous 0.20%



The Wholesale Sales measures the change in the worth of sales by wholesalers.
It's a leading indicator of consumer spending.
Wholesale Sales
Actual -
Forecast 1.50%
Previous 1.90%



Technical’s:
USDCAD is within a Triangle Flag Pattern awaiting A break out
According to our 4hr anchor Strategy we are presently Bullish on this pair above 0.9818
Strategies
Wait for a breakout then a retracement to enter with good news to support Movement
Success%: 88%

Date:
News:
Strategies Update
Synchronize:
Success%:
Short-term Expectation:
Trade:
Concerns
-------------------------------------------------
USDCHF


Technical’s: Bullish Gartley Daily Morning Star
Strategies:
Buy dips 0.7942 or 0.7929 zone
Success%: 84%
Date:
News:
Strategies Update

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