Key events
Forex fundamental and forecasts for the coming week
The following table lists key economic and other events that are due during the week of March 26 to March 31, with release times posted for time zone GMT
.
The list also includes the current consensus market forecasts for each event and which kind of deviation could affect the value of foreign exchange market of the currency specified in positively.
Sunday, March 25 th
1:00 CHF Daylight Saving Time Shift 1:00 am, Daylight Saving Time Shift EUR
1:00 am Daylight Saving Time Shift GBP
Monday, March 26 th
8:00 am EUR German Ifo Business Climate (109.7,> good for the money) 24:00 USD Fed Chairman Ben Bernanke speaks (hawk = Good for currency)
2:00 am USD Pending Home Sales (1.0%,> good for the money)
Tuesday, March 27 th
14:00 USD Consumer Confidence CB (70.5,> good for the money) Wednesday, March 28 th
8 : 30 am GBP Current Account (-8.5B,> good for the money) 12:30 pm USD base Durable Goods Orders (1.5%,> good for the money)
Thursday, March 29 th
12:00 am confident NZD NBNZ cases (28.0 last> good for the money) 24:30 pm U.S. Weekly Initial Jobless Claims (351K, Friday, March 30th
24:30 CAD GDP (0.1%,> good for the money) Saturday, March 31 st
2:00 p.m. NZ Daylight Saving Time Shift 4:00 p.m. Daylight Saving Time Shift AUD
Forecast
and technical levels to watch in the Majors this week
Resistance:
initial:. 1.3291/92, 1.3321/62, 1.3433, 1.3485/95, 1.3546/68, 1.3795/98 and 1.3614
Above:. 1.3836, 1.3969, 1.4000, 1.4246, 1.4500/17, 1.4695 and 1.4939
Support
:
initial:. 1.3211, 1.3186/97, 1.3133/59, 1.3055/96, 1.3000/25, 1.2946/83 and 1.2917
below. 1.2886, 1.2857/77 1.2623/65 and
href=”http://www.forextraders.com/usdjpy-chart.html”> USDJPY : Slightly less
Resistance:
original: 82.64, 82.77, 83.01/09, 83.17, 83.77, 83.96, 84.09/17, 84.51, 84.80, 85.51 and 85.92.
Above: 87.11/13, 87.95, 93.77 and 94.97
.
Support:
original: 82.01/22, 81.76/96, 81.46, 81.14, 80.82, 80.58, 80.22, 80.00, 79.96, 79.83, 79.52, 79.40, 79.05, 78.66, 78.06/28
it below: .. 77.00/89, 76.73/83, 76.41, 76.10, 76.02, 75.94 and 75.56/70
GBPUSD : Slightly less
Resistance:
initial:. 1.5890, 1.5907, 1.5921/27, 1.5990, 1.6092, 1.6109, 1.6128, 1.6164 and 1.6192
Above:. 1.6452/74, 1.6546, 1.6570, 1.6589/98, 1.6616 and 1.6745
Support
:
original: 1.5717/81, 1.5685/91, 1.5668, 1.5643/47, 1.5624/29, 1.5516/85 , 1.5465/99, 1.5422, 1.5410 and 1.5375
below: a , 5293, 1.5270/77, 1.5232, 1.5123 and 1.5000
.
AUDUSD : greater than
Resistance:
original: 1.0498, 1.0508, 1.0596, 1.0608, 1.0627/38, 1.0654, 1.0668/70 , 1.0686, 1.0751/53, 1.0718., 1.0792, 1.0798, 1.0842 and 1.0854
Above: 1.1010, 1.1064 and 1.1079
.
support:
original: 1.0444, 1.0422, 1.0384, 1.0334, 1.0303, 1.0266, 1.0224/29, 1.0216 and. 1.0100/16
below: 1.0000/52, 0.9925/83, 0.9900, 0.9732 and 0.9861/63
.
USDCAD : Slightly less
Resistance:
original: 1.0018/78, 1.0105/42, 1.0160/99, 1.0207/32, 1.0262 / 87., 1.0297, 1.0302 and 1.0334/37
Above: 1.0415 / 23, 1.0438, 1.0481, 1.0500, 1.0506, 1.0522, 1.0646/56, 1.0742/85 and 1.0669 Support
:
original: 0.9980, 0.9958/69, 0.9947, 0.9924/27, 0.9906, 0.9891/99,.
0.9828/79 0.9724/96 and below: 0.9686, 0.9645, 0.9525, 0.9445 and 0.9405
.
Resistance:
initial: 0.8190, 0.8204, 0.8240/48, 0.8256, 0.8262, 0.8279, 0.8294, 0.8339, 0.8378, 0.8395, 0.8405, 0.8420. / 27 and 0.8504
Above: 0.8571, 0.8764 and 0.8841
.
Support:
initial:. 0.8109, 0.8135, 0.8057/99, 0.7993/96, 0.7979, 0.7955 and 0.7906
Below:. 0.7804/88, 0.7723/95, 0.7605/72, 0.7500/52 and 0.7568