Weekly Forex News Events for EURUSD – 3rd to 7th July 2017
EURUSD had a bullish week. This week’s candle has engulfed the previous one. Thus, buyers will be interested to push the price higher up whenever opportunities come. Some high impact news events are to take place next week that might create volatility on EURUSD.
Monday-3rd July- GMT 14.00
- ISM manufacturing PMI
Usually this news event creates volatility on the Intra-day time frames and often ends up producing long spikes.
Wednesday-5th July- GMT 18.00
- FOMC meeting minute
This is going to be one big news events for the EURUSD traders. It often causes extreme volatility and creates opportunities. However, traders might as well not take entries on intraday charts just before this news event.
Thursday-6th July-GMT 12.15
- ADP Non-farm employment change
This one creates huge volatility on the intraday charts as well. Moreover, a more high impact news event will be followed after this. Thus, EURUSD traders should be careful during this news event.
Thursday-6th July-GMT 12.30
- Unemployment claims
This one is a massive news event, which could create extreme volatility. Opportunities can be found once the market is settled.
Thursday-6th July-GMT 14.00
- ISM manufacturing PMI
Intra-day trader should be careful with their opened position before this news event.
Thursday-6th July-GMT 15.00
- Crude oil inventories
It does not always create extreme volatility, but this could create volatility from time to time.
Friday-7th July-GMT 12.30
- Average hourly earnings m/m
- Non-farm employment change
- Unemployment rate
Big traders are going to use these three news events to find their trading opportunities. The pair will get volatile next week during these three news events.
Friday-7th July-GMT 15.00
- Fed monetary policy report
This might create long spikes on the intra-day charts to wrap up the trading week.
The post Weekly Forex News Events for EURUSD – 3rd to 7th July 2017 appeared first on Advanced Forex Strategies.
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