EURUSD finished the week by producing a bearish candle. The overall trend is with the bull. Thus, the next week might be an interesting week. Not too many high impact news events are to take place in the next week. Thus, the next week might be a good week for the traders that follow technical analysis. However, we must keep our eyes on these news events below
Wednesday-13th September-GMT 12.30
- PPI m/m
This news event often ends up creating long spikes on the intraday charts. Thus, it has to be dealt carefully by EURUSD intraday traders.
Wednesday-13th September-GMT 14.30
- Crude oil inventories
This news event has the potential to create extreme volatility. Most of the time, it ends up creating average volatility though. However, intraday traders should wait for the impact of this news event to get over to find out trading opportunities.
Thursday-14th September-GMT 12.30
- CPI m/m
- Core CPI m/m
- Unemployment Claims
These data are going to be released at the same time. They often create huge volatility. Thus, EURUSD traders should look for trading opportunities once the impact of these news events get over.
Friday-15th September-GMT 12.30
- Core retail sales m/m
- Retail sales m/m
These two news events are to take place at the same time on Friday. Many traders normally come out with their running positions to wrap up their trading week by this time. These two things often create extreme volatility, which even ends up sometimes change a trend as well.
The post Weekly Forex News Events for EURUSD – 11th to 15th Sept 2017 appeared first on Advanced Forex Strategies.
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