Key Fundamental Forex Events and Forecasts for the Coming Week
The following table lists the key economic data and other events that are due out during the week of September 22nd – September 26th, with release times displayed for the GMT time zone.
The list also includes the current market consensus forecast for each event and indicates what sort of deviation might affect the forex market valuation of the indicated currency positively.
Sunday, September 21st
- Day 2 ALL G20 Meetings (hawkish = good for currency)
- 11:00pm NZD Westpac Consumer Sentiment (last 121.2 expected, > good for currency)
Monday, September 22nd
- Tentative EUR German Buba Monthly Report (hawkish = good for currency)
- 2:00pm EUR ECB President Draghi speaks (hawkish = good for currency)
- 3:00pm USD Existing Home Sales (5.21M expected, > good for currency)
- 3:05pm USD FOMC Member Dudley speaks (hawkish = good for currency)
- 6:00pm CAD Governing Council Member Wilkins speaks (hawkish = good for currency)
Tuesday, September 23rd
- 12:30am USD FOMC Member Kocherlakota speaks (hawkish = good for currency)
- All Day JPY Bank Holiday
- 2:45am CNY HSBC Flash Manufacturing PMI (50.0 expected, > good for currency)
- 8:00am EUR French Flash Manufacturing PMI (47.1 expected, > good for currency)
- 8:00am EUR French Flash Services PMI (50.2 expected, > good for currency)
- 8:30am EUR German Flash Manufacturing PMI (51.3 expected, > good for currency)
- 8:30am EUR German Flash Services PMI (54.6 expected, > good for currency)
- 9:00am EUR Flash Manufacturing PMI (50.6 expected, > good for currency)
- 9:00am EUR Flash Services PMI (53.2 expected, > good for currency)
- 9:30am GBP BBA Mortgage Approvals (42.9K expected, > good for currency)
- 9:30am GBP Public Sector Net Borrowing (10.3B expected, < good for currency)
- 1:30pm CAD Core Retail Sales (-0.1% expected, > good for currency)
- 1:30pm CAD Retail Sales (0.4% expected, > good for currency)
- 2:20pm USD FOMC Member Powell speaks (hawkish = good for currency)
- 7:00pm USD FOMC Member Kocherlakota speaks (hawkish = good for currency)
- 11:45pm NZD Trade Balance (-1125M expected, > good for currency)
Wednesday, September 24th
- 1:00am AUD CB Leading Index (last 0.4% expected, > good for currency)
- 2:30am AUD RBA Financial Stability Review (hawkish = good for currency)
- 9:00am EUR German Ifo Business Climate (105.9 expected, > good for currency)
- 3:00pm USD New Home Sales (432K expected, > good for currency)
- 3:30pm USD Crude Oil Inventories (last 3.7M expected, > good for currency)
- 5:05pm USD FOMC Member Mester speaks (hawkish = good for currency)
Thursday, September 25th
- 3:30am AUD RBA Governor Stevens speaks (hawkish = good for currency)
- 25th-30th GBP Nationwide HPI (last 0.8% expected, > good for currency)
- 9:00am EUR M3 Money Supply (1.9% expected, < good for currency)
- 9:00am EUR Private Loans (-1.5% expected, > good for currency)
- 11:00am GBP CBI Realized Sales (34 expected, > good for currency)
- 1:30pm USD Core Durable Goods Orders (0.7% expected, > good for currency)
- 1:30pm USD Durable Goods Orders (-17.7% expected, > good for currency)
- 1:30pm USD Weekly Initial Jobless Claims (294K expected, < good for currency)
Friday, September 26th
- 12:30am JPY Tokyo Core CPI (2.7% expected, > good for currency)
- 7:00am EUR GfK German Consumer Climate (8.5 expected, > good for currency)
- 1:30pm USD Final GDP (4.6% expected, > good for currency)
- 2:55pm USD Revised University of Michigan Consumer Sentiment survey (85.1 expected, > good for currency)
Saturday, September 27th
- 3:00pm NZD Daylight Saving Time Shift
EUR/USD: Mildly Lower
Resistance:
Initial: 1.2834/79, 1.2904, 1.2919/21, 1.2978/98, 1.3000/03, 1.3047, 1.3059/66, 1.3077, 1.3093/1.3109, 1.3126, 1.3130, 1.3152/65, 1.3172/77, 1.3187/1.3206, 1.3220/42, 1.3294/99, 1.3305/08, 1.3318/24, 1.3332/35, 1.3344/53, 1.3366, 1.3376/89, 1.3398/1.3416, 1.3432/44, 1.3451, 1.3473/82, 1.3489/1.3524, 1.3538, 1.3546/88, 1.3597, 1.3602/15, 1.3621/31, 1.3639/50, 1.3663/76, 1.3682/86, 1.3685/1.3710, 1.3714/16, 1.3731/39, 1.3748, 1.3758/74, 1.3784/98, 1.3807, 1.3810/20, 1.3824, 1.3832/36, 1.3845/54, 1.3864, 1.3875/78, 1.3888/92, 1.3905/14, 1.3937, 1.3947 and 1.3966/69.
Above: 1.3993/1.4000, 1.4246, 1.4500/17, 1.4695 and 1.4939.
Support:
Initial: 1.2821, 1.2795/1.2805, and 1.2744/54.
Below: 1.2623/92, 1.2588/89, 1.2501/19, 1.2407/96, 1.2381/91, 1.2323/33, 1.2241/55, 1.2162, 1.2143, 1.2133, 1.204132 and 1.1938.
USD/JPY: Mildly Higher
Resistance:
Initial: 109.45.
Above: 110.39/47, 111.60 and 111.78.
Support:
Initial: 108.98, 108.42, 107.39, 107.18, 105.70, 105.41/43, 105.30/33, 105.18, 104.83/91, 104.63/68, 104.36, 104.07/26, 103.91, 103.82, 103.73/75, 103.37/43, 103.30, 102.92/103.08, 102.57/82, 102.49/52, 102.33/40, 102.26, 102.13/14, 101.90/102.04, 101.60/83, 101.50/56, 101.42/43, 101.30/32, 101.08/27, 100.82/86, 100.75, 100.60/65, 100.38/48, 100.22 and 100.00.
Below: 99.94, 99.66, 99.40, 99.25, 99.13/14, 99.00, 98.84/92, 98.63/72, 98.48/53, 98.28, 98.20, 98.08, 97.75/83, 97.49/63, 96.90/97.05, 96.81, 96.65/70, 96.55/56, 96.05, 95.79/80, 95.44, 94.90/95.07, 94.87, 94.55, 94.19, 94.05, 93.76, 93.78 93.68, 93.50, 93.17, 92.77/95, 92.14/30, 91.19, 90.85, 90.20/32, 89.40/66, 88.05, 87.95/99 and 87.79.
GBP/USD: Lower
Resistance:
Initial: 1.6290, 1.6298/1.6309, 1.6336, 1.6348, 1.6357, 1.6376, 1.6380/83, 1.6394, 1.6400, 1.6417/18, 1.6441/44, 1.6458/65, 1.6484, 1.6496, 1.6516, 1.6534, 1.6524, 1.6548, 1.6576/86, 1.6592, 1.6611/17, 1.6624, 1.6640/56, 1.6665/67, 1.6683, 1.6692/98, 1.6716/24, 1.6730/37, 1.6745, 1.6755, 1.6765/68, 1.6777, 1.6785, 1.6800/02, 1.6812, 1.6819/22, 1.6831/44, 1.6874/87, 1.6902/09, 1.6919/20, 1.6951, 1.6960, 1.6995, 1.7000, 1.7010, 1.7035, 1.7042/51, 1.7058/62, 1.7084, 1.7094/99, 1.7107, 1.7130, 1.7167, 1.7176/78 and 1.7190.
Above: 1.7440.
Support:
Initial: 1.6280/86, 1.6251/62, 1.6239/46, 1.6222/24, 1.6215/16, 1.6204/15, 1.6195/98, 1.6177, 1.6161, 1.6155, 1.6130/36, 1.6109/21, 1.6083/96, 1.6071/77, 1.6051/66, 1.6001/08, 1.5975/91, 1.5956/61, 1.5948, 1.5900/27, 1.5886/93, 1.5874/77, 1.5853, 1.5844, 1.5825, 1.5803/07, 1.5775/81, 1.5750, 1.5714/17, 1.5683/92, 1.5673, 1.5624/56, 1.5601/15, 1.5591, 1.5561/68, 1.5538/45 and 1.5514/16.
Below: 1.5498/99, 1.5476/79, 1.5458, 1.5434, 1.5427, 1.5403/21, 1.5313/92, 1.5304, 1.5293, 1.5260/62, 1.5237/39, 1.5208/23, 1.5198, 1.5173/87, 1.5164, 1.5152/57, 1.5130, 1.5123, 1.5101, 1.5092, 1.5081, 1.5072/75, 1.5026/32, 1.5013, 1.5007. 1.4985, 1.4966/67, 1.4884, 1.4872, 1.4856, 1.4830, 1.4812 and 1.4785, 1.4345 and 1.4232.
AUD/USD: Mildly Lower
Resistance:
Initial: 0.8923/36, 0.8951/57, 0.8967/69, 0.8981/87, 0.8994/0.9010, 0.9035, 0.9041, 0.9042/48, 0.9054/57, 0.9061/66, 0.9072/79, 0.9102, 0.9110/19, 0.9127/37, 0.9147, 0.9162/67, 0.9179/89, 0.9200/08, 0.9214/26, 0.9232/74, 0.9286/94, 0.9304, 0.9311, 0.9328/34, 0.9343/53, 0.9359, 0.9386/0.9410, 0.9420/24, 0.9428/33, 0.9440/47, 0.9455/57, 0.9469 and 0.9483/86.
Above: 0.9500, 0.9524/27, 0.9536/42, 0.9571, 0.9585, 0.9592, 0.9620, 0.9640, 0.9664, 0.9676, 0.9689/96, 0.9710, 0.9732, 0.9757, 0.9791/94, 0.9841/96, 0.9900, 0.9925/83, 1.0000/18, 1.0052, 1.0099/1.0100, 1.0114/17, 1.0148/51, 1.0165/77 and 1.0181/82.
Support:
Initial: 0.8918/20, 0.8906/12, 0.8887/92, 0.8869, 0.8857/61, 0.8842/47, 0.8819/25, 0.8762/70, 0.8729, 0.8693, 0.8659, 0.8578 and 0.8512.
Below: 0.8066 and 0.7674.
USD/CAD: Mildly Higher
Resistance:
Initial: 1.0962/66, 1.0982/1.1001, 1.1030/53, 1.1069/70, 1.1089, 1.1097/99, 1.1102/09, 1.1116/32, 1.1141, 1.1152, 1.1158, 1.1172/73, 1.1194, 1.1223/29 and 1.1270/77.
Above: 1.1723, 1.2985, 1.3007/14 and 1.3062.
Support:
Initial: 1.0954/59, 1.0941/45, 1.0934, 1.0925/28, 1.0915, 1.0903/09, 1.0894,1.0873/86, 0852/59, 1.0849, 1.0839/40, 1.0820/27, 1.0813, 1.0793/96, 1.0742/85, 1.0736, 1.0726, 1.0717, 1.0702/09, 1.0693, 1.0668/79, 1.0646/60, 1.0619/29, 1.0608,1.0580/87, 1.0567/71, 1.0558/59, 1.0546, 1.0519/22, 1.0506, 1.0496/1.0502, 1.0471/87, 1.0459, 1.0441/44, 1.0414/18, 1.0401/04, 1.0390/92, 1.0379, 1.0355/68, 1.0333, 1.0324, 1.0309/12, 1.0283/1.0305, 1.0270/76, 1.0262, 1.0244/55, 1.0233/35, 1.0199/1.0226, 1.0172/82, 1.0165, 1.0151/56, 1.0148, 1.0128/42, 1.0103/05, 1.0081/99, 1.0050/56, 1.0029/34, 1.0018 and 1.0012.
Below: 0.9993/98, 0.9984, 0.9969, 0.9945/60, 0.9931, 0.9922, 0.9902/07, 0.9899, 0.9858, 0.9814/26, 0.9724/99, 0.9686, 0.9645, 0.9631, 0.9525, 0.9445 and 0.9405.
NZD/USD: Lower
Resistance:
Initial: 0.8114/37, 0.8147/53, 0.8160/76, 0.8186, 0.8195/97, 0.8204/14, 0.8221/41, 0.8250/55, 0.8263, 0.8268/71, 0.8280, 0.8285/87, 0.8291/95, 0.8302/16, 0.8322/66, 0.8376, 0.8389, 0.8406, 0.8413, 0.8421/61, 0.8472/79, 0.8487/89 and 0.8499.
Above: 0.8504/18, 0.8523/37, 0.8542/53, 0.8560/61, 0.8571/78, 0.8584/90, 0.8602/05, 0.8633/41, 0.8647/53, 0.8660/67, 0.8671/74, 0.8693/0.8700, 0.8712/18, 0.8734, 0.8744, 0.8764/77, 0.8789, 0.8792, 0.8821, 0.8834 and 0.8840.
Support:
Initial: 0.8100/09, 0.8075/82, 0.8049/60, 0.8030, 0.7989/0.8013, 0.7967, 0.7932, 0.7903/06, 0.7888, 0.7872, 0.7856/57, 0.7838/46, 0.7829, 0.7819 and 0.7804.
Below: 0.7795, 0.7783, 0.7760, 0.7751/58, 0.7731/34, 0.7705/23, 0.7697, 0.7681/86, 0.7605/76 and 0.7500/85.
Disclaimer: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility exists that you could lose more than your initial deposit. The high degree of leverage can work against you as well as for you.