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Week Ahead August 28 – September 1

EURUSD pair closed last week’s trading session lower on Jackson Hole symposium comments from FED’s Officials. Both FED officials highlighted that interest rates in the US will remain at this level for at least until the end of the year.  From the economic releases we have seen that both, the EU and US had deteriorated releases and this balanced the reaction.

As for this week traders and investors will need to be alert during market open on Monday as weekend’s Jackson Hole symposium comments from both the FED chairman Jerome Powell and ECB’s Christine Laggard will weigh on Euro and US Dollar prices according to their comments on future interest rate decisions. US Non-farm payroll and CPI numbers from both the US and EU will dominate this week’s trading session.

Pada kalender ekonomi yang kami miliki pada hari Rabu, indeks Harmonisasi harga konsumen Jerman menunjuk lebih rendah pada 6.2% Pekerjaan ADP AS lebih rendah pada 188K dan domestik bruto AS tidak berubah pada 2.4% Pada hari Kamis, penjualan ritel Jerman diperkirakan -1.5% Indeks Harmonisasi harga konsumen inti Eropa lebih rendah pada 5.3% dan konsumsi pribadi AS lebih tinggi pada 4.2% Pada hari Jumat, penggajian non-pertanian AS diperkirakan pada 170K dan ISM manufaktur AS pada 46.6

Technically the picture is negative after last week’s close below (61.8%) at 1.0793 In this week’s trading session if pair continues on the downside could test (100%) If resumes on the upside and break and close above 1.0883 (61.8%) could open the road for 1.0967 (50%) Our traders are long between 1.1000 and 1.0840 targeting profits at 1.1270  We are expecting more aggressive buyers to appear below 1.0800 targeting profits above 1.1200 and sellers at 1.1270 targeting profits at 1.1050

 

 

GBPUSD pair closed last week’s trading session lower on Jackson Hole symposium comments from FED’s Officials. Both FED officials highlighted that interest rates in the US will remain at this level for at least until the end of the year

As for this week traders and investors will need to be alert during market open on Monday as weekend’s Jackson Hole symposium comments from both the FED chairman Jerome Powell and BOE’s Broadbent will weigh on GBP and US Dollar prices according to their comments on future interest rate decisions. US Non-farm payroll and CPI number from the US will dominate this week’s trading session.

Pada kalender ekonomi yang kami miliki pada hari Rabu, pekerjaan ADP AS menunjukkan angka yang lebih rendah di 188K dan domestik bruto AS tetap tidak berubah di 2.4% Pada hari Kamis, konsumsi pribadi AS diperkirakan lebih tinggi di 4.2% Pada hari Jumat, penggajian non-pertanian AS diperkirakan di 170K dan ISM manufaktur AS di 46.6

Technically the pair is negative after last week’s close below  (61.8%) at 1.2577 As for this week, if pair resumes on the upside, will need to break and close above 61.8% to change the picture back to neutral. Alternative, if continues on the downside, will test 1.2320 Our traders keeping their long positions at 1.2730 and 1.2623 targeting profits above 1.3000 We are expecting short sellers at 1.3140 targeting profits at 1.2750 and more aggressive buyers below 1.2600

 

 

Untuk acara kalender ekonomi yang lebih terperinci, silakan kunjungi kalender ekonomi langsung kami di: 

https://tentrade.com/economic-calendar/

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