empty
15.08.2023 04:22 AM
What events may affect market sentiment on August 15? Overview of fundamental events for beginners

Overview of macroeconomic reports

This image is no longer relevant

On Tuesday, a good number of reports are lined up in the EU, the US, and the UK. Germany and the EU will release the ZEW Economic Sentiment indices. These aren't that important, but in case the latest figures significantly deviate from forecasts, they can trigger a 30-point reaction. The UK is set to publish important reports on unemployment benefit claims, unemployment itself, and wages. This "trio" together might cause a substantial movement of the British pound sterling. The US will release its retail sales data, which is a secondary report. In general, each of the aforementioned reports can be ignored, but we still believe that the UK data might have the chance to move the market.

Overview of fundamental events

Among today's fundamental events, the only noteworthy aspect is the speech by Federal Reserve Monetary Committee representative Neel Kashkari. Since we haven't heard opinions from FOMC officials after the inflation report, this might be interesting, even though we don't expect an immediate market reaction. Nonetheless, the more hints there are at further tightening of monetary policy, the more likely it is that the dollar will continue to appreciate in the medium term. However, from our perspective, it should do so without the need for macroeconomics and fundamentals.

This image is no longer relevant

Bottom line

On Tuesday, we can look forward to important and interesting events. However, both currency pairs moved quite actively on Monday, when the event calendar was empty. Moreover, they tried to revive the downtrend, which means that traders currently don't need the help of fundamentals and macroeconomics to determine the pairs' direction.

Main rules of the trading system:
  • The strength of the signal is calculated by the time it took to form the signal (bounce/drop or overcoming the level). The less time it took, the stronger the signal.
  • If two or more trades were opened near a certain level due to false signals, all subsequent signals from this level should be ignored.
  • In a flat market, any currency pair can generate a lot of false signals or not generate them at all. But in any case, as soon as the first signs of a flat market are detected, it is better to stop trading.
  • Trades are opened in the time interval between the beginning of the European session and the middle of the American one when all trades must be closed manually.
  • On the 30-minute timeframe, you can trade based on MACD signals only on the condition of good volatility and provided that a trend is confirmed by the trend line or a trend channel.
  • If two levels are located too close to each other (from 5 to 15 points), they should be considered as an area of support or resistance.
Comments on charts

Support and resistance levels are levels that serve as targets when opening long or short positions. Take Profit orders can be placed around them.

Red lines are channels or trend lines that display the current trend and show which direction is preferable for trading now.

The MACD (14,22,3) indicator, both histogram and signal line, is an auxiliary indicator that can also be used as a source of signals.

Important speeches and reports (always found in the news calendar) can significantly influence the movement of a currency pair. Therefore, during their release, it is recommended to trade with utmost caution or to exit the market to avoid a sharp price reversal against the previous movement.

Beginners trading in the forex market should remember that not every trade can be profitable. Developing a clear strategy and money management is the key to success in trading over a long period of time.

Paolo Greco,
Especialista em análise na InstaForex
© 2007-2025
Selecionar intervalo de tempo
5
min
15
min
30
min
1
hora
4
horas
1
dia
1
s.
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO

Recommended Stories

USD/CAD. Análise e previsão

Hoje, o USD/CAD encontrou uma nova pressão de venda, interrompendo sua recuperação de dois dias de uma baixa de dois meses. As expectativas dos investidores quanto a um corte

Irina Yanina 20:27 2025-02-19 UTC+2

Mercado de petróleo aguarda decisões da OPEP+

Os preços futuros do petróleo bruto Brent estão sendo negociados atualmente em torno de $75,00 por barril, consolidando-se em uma faixa estreita. O nível de resistência mais próximo está

Anna Zotova 17:17 2025-02-19 UTC+2

Por que o mercado de criptomoedas está sob pressão? (Aumento potencial do Bitcoin e queda do Litecoin)

Se observarmos o desempenho das principais criptomoedas, o último aumento notável de preço em relação ao dólar americano foi registrado no final da campanha eleitoral presidencial dos EUA. Muitos tokens

Pati Gani 17:11 2025-02-19 UTC+2

Em que prestar atenção em 19 de fevereiro? Uma análise dos eventos fundamentais para iniciantes

Há poucos eventos macroeconômicos programados para esta quarta-feira, mas alguns relatórios importantes serão divulgados. O principal deles é o Índice de Preços ao Consumidor (IPC) do Reino Unido para janeiro

Paolo Greco 16:50 2025-02-19 UTC+2

Para onde foram os compradores de dólares?

Ontem, as declarações do presidente Donald Trump sobre novas tarifas comerciais foram amplamente ignoradas pelos compradores de dólares. No entanto, os vendedores de ativos de risco também estiveram notavelmente ausentes

Jakub Novak 14:31 2025-02-19 UTC+2

É provável que os mercados permaneçam em intervalos laterais por algum tempo (possível queda no EUR/USD e GBP/USD)

Os mercados continuam a oscilar em meio às políticas internas e externas de Donald Trump, que impactam não apenas questões geopolíticas e sociais, mas também preocupações econômicas tanto

Pati Gani 16:26 2025-02-18 UTC+2

AUD/NZD. Análise e previsão

O par AUD/NZD está apresentando uma forte recuperação após atingir a mínima de mais de uma semana, em torno de 1,1075, durante a sessão asiática. No momento, os preços

Irina Yanina 15:32 2025-02-18 UTC+2

XAU/USD. Análise e previsão

O ouro continua apresentando crescimento intradiário, mantendo-se confortavelmente acima do nível chave de $2.900. Os investidores permanecem cautelosos devido à possível escalada das tensões comerciais globais, impulsionadas pelas políticas protecionistas

Irina Yanina 15:24 2025-02-18 UTC+2

Atualização do mercado do gás

O mercado de gás fez uma pausa após a impressionante alta registrada durante a semana passada. Mas discutiremos a perspectiva técnica um pouco mais tarde. Primeiro, as entregas

Miroslaw Bawulski 15:09 2025-02-18 UTC+2

USD/JPY – Análise e previsão

O iene japonês está registrando fortes ganhos intradiários hoje, impulsionado principalmente por um relatório positivo do PIB, que confirma o crescimento econômico do Japão. Isso reforça as expectativas

Irina Yanina 15:14 2025-02-17 UTC+2
Não pode falar agora?
Faça sua pergunta no chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.