EURUSD finished the last week with a bullish tone. The price made some corrections on the H4 chart as well. As things seem with the pair so far, buyers might control the next week as well. Some high impact news events would create volatility on the pair next week. Let us have a look at those.
Monday- 24th April GMT 08.00
- German IFO business climate
It might not create extreme volatility, but intraday traders should be careful with their position before this news event. A special event (the French Election) over the weekend might cause gaps when the market reopens on Monday.
Tuesday- 25th April GMT 14.00
- CB consumer confidence
This is the news that is related to the USD. Thus, it might create more volatility than it sounds.
Wednesday- 26th April GMT 14.30
- Crude oil Inventories
This is an important high impact news event. EURUSD traders should watch out the event to find out trading opportunities.
Thursday – 27th April GMT 11.45
- EURO – Minimum bid rate
This is a very important high impact news event for EURUSD. Intraday traders must be careful with their opened position before the news event.
Thursday – 27th April GMT 12.30
- ECB press conference
- Core Durable Goods orders m/m
- Unemployment claims
Three of them can create extreme volatility individually. Thus, traders should be very careful to deal with this news hour since they have been scheduled at the same time. No doubt, the pair will get extreme volatility around these news events. The price might end up producing huge spikes on the intraday charts.
Friday – 28th April GMT 12.30
- Advance GDP q/q
It would be the last high impact news event in the coming week. Thus, traders might as well be watchful to this news event.
The post Weekly Forex News Events for EURUSD – 24th to 28th April 2017 appeared first on Advanced Forex Strategies.
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