EURUSD finished the week with strong Bullish tone. The next week will be an interesting week since some high impact news events are to take place. Let us have a look at those.
Monday-20th November 2017- GMT 15.00 and GMT 17.00
ECB President Draghi speaks
On the same day, ECB President Draghi would give his speech twice. One speech is to take place at GMT 15.00 and another one is at GMT17.00. It does not normally happen that he gives his speech twice on the same day. EURUSD traders should patiently wait for the second news hour to finish and find their trading opportunity.
Wednesday-22nd November-2017- GMT 00.00
Fed Chair Yellen speaks
Yellen is going to give a speech at GMT 00.00 on Wednesday. EURUSD pair is supposed to have volatility on that hour. Thus, traders might as well have a plan to use the volatility in their favour.
Wednesday-22nd November-2017- GMT 14.30
Core durable goods orders m/m
Unemployment claims
Two of these high impact news release are to take place at the same time. Unemployment Claims data is to shake the pair. Some great opportunities can be found once after this news hour.
Wednesday-22nd November-2017- GMT 16.30
Crude oil inventories
This news event could make the pair very volatile and produce opportunities on the major time frames. If it does not, then the intraday charts are going to have long spikes for this news event. Thus, EURUSD traders should be careful with their intraday positions.
Wednesday-22nd November-2017- GMT 20.00
FOMC meeting minute
This one is the biggest news event of the next week. Intraday traders should be careful before the volatility takes place and look for the opportunity on the major time frames once the newshour is finish.
The post Weekly Forex News Events for EURUSD – 20th to 24th Nov 2017 appeared first on Advanced Forex Strategies.
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