Press review - page 698

[Sergey Golubev]

U.S. Commercial Crude Oil Inventories news event: intraday breakdown with bearish reversal; daily secondary correction within primary bullish with 81.71/85.77 key s/r levels

2021-10-27 14:30 GMT | [USD - Crude Oil Inventories]

• past data is -0.4M
• forecast data is -0.6M
• actual data is 4.3M according to the latest press release

[USD - Crude Oil Inventories] = Change in the number of barrels of crude oil held in inventory by commercial firms during the past week.

==========

"U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 4.3 million barrels from the previous week."

==========

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events 

==========

Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

• MaksiGen_Range_Move MTF - indicator for MetaTrader 5
• ASCtrend - indicator for MetaTrader 5
• Ichimoku Cloud - indicator for MetaTrader 5
• Quick ZigZag plus DiNapoli - indicator for MetaTrader 5
• GMMA - indicator for MetaTrader 5
• Vortex - indicator for MetaTrader 5

==========

Same systems for MT4/MT5:

The beginning

1. ASCTrend system, the beginning, part #1
2. ASCTrend system, the beginning, part #2
3. ASCTrend system, the beginning, part #3
4. ASCTrend system, the beginning, part #4 
5. Digital ASCTrend (Digital Filters with ASCTrend system combined).
6. LabTrend (LabTrend indicators, LabTrendZigZag, templates, Labtrend EAs) - the thread 

After

• The main AscTrend thread is this one.
• Asctrend indicator in depth 
• ASCTREND SYSTEM summary (good EAs included)
• Brainwashing system/AscTrend system (MT5) - the thread

[Sergey Golubev]

Intra-Day Fundamentals - EUR/USD, GBP/USD and USD/CAD: United States Gross Domestic Product (GDP)

2021-10-28 12:30 GMT | [USD - GDP]

• past data is 6.7%
• forecast data is 6.7%
• actual data is 2.0% according to the latest press release

if actual > forecast (or previous good for currency (for USD in our case)

[USD - GDP] = Annualized change in the inflation-adjusted value of all goods and services produced by the economy.

==========

From official report :

• "Real gross domestic product (GDP) increased at an annual rate of 2.0 percent in the third quarter of 2021 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 6.7 percent".

==========

EUR/USD: range price movement by  United States Gross Domestic Product news events

==========

GBP/USD: range price movement by  United States Gross Domestic Product news events

==========

USD/CAD: range price movement by  United States Gross Domestic Product news events

==========

Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

• MaksiGen_Range_Move MTF - indicator for MetaTrader 5
  
• ColorSchaffTriXTrendCycle - indicator for MetaTrader 5

Same system for MT4:

1. Brainwashing. Trades: manually and using EAs (MT4)
2. Brainwashing EAs - the thread (MT4)
3. Brainwashing: system setup for trading manually and for EAs (MT4) - the thread 
4. Brainwashing: system development (MT4) - the thread

[Sergey Golubev]

AUD/USD Intra-Day Fundamentals: RBA Cash Rate, Rate Statement and range price movement 

2021-11-02 03:30 GMT | [AUD - Cash Rate]

• past data is 0.10%
• forecast data is 0.10%
• actual data is 0.10% according to the latest press release

if actual > forecast (or previous value) = good for currency (for AUD in our case)

[AUD - Cash Rate] = Interest rate charged on overnight loans between financial intermediaries.

==========

From official report :

• "maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances at zero per cent"
• "continue to purchase government securities at the rate of $4 billion a week until at least mid February 2022"
• "discontinue the target of 10 basis points for the April 2024 Australian Government bond".

==========

AUD/USD: range price movement by RBA Cash Rate news event 

==========

Charts were made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

• MaksiGen_Range_Move MTF - indicator for MetaTrader 5
• ASCtrend - indicator for MetaTrader 5
• Ichimoku Cloud - indicator for MetaTrader 5
• SilverTrend_NRTR - indicator for MetaTrader 5
• Fourier extrapolation of price - indicator for MetaTrader 5

==========

The forum threads

1. Key forum thread - Fast Fourier Transform - Cycle Extraction - the thead with FFTfiltr indicator and explanation
2. New EA based on the !xMeter (!xMter based on Fast Fourier Transform) - the thread 
3. Many FFT indicators with examples and explanations - the thread 
4. Ticks Before The News - the thread with many FFT indicators and explanation how to trade

CodeBase

1. dt_FFT - library for MetaTrader  
2. LGLIB - Numerical Analysis Library - library for MetaTrader 4 
3. ALGLIB - Numerical Analysis Library - library for MetaTrader 5 
4. AFIRMA - indicator for MetaTrader 5
   
5. Fourier extrapolation of price - indicator for MetaTrader 5

The articles

• Introduction to the Empirical Mode Decomposition Method  
  
• Building a Spectrum Analyzer  
• Analysis of the Main Characteristics of Time Series

[Sergey Golubev]

U.S. Commercial Crude Oil Inventories news event: daily correction to be started with bearish triangle pattern to be broken to below

2021-11-03 14:30 GMT | [USD - Crude Oil Inventories]

• past data is 4.3M
• forecast data is -0.5M
• actual data is 3.3M according to the latest press release

[USD - Crude Oil Inventories] = Change in the number of barrels of crude oil held in inventory by commercial firms during the past week.

==========

"U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 3.3 million barrels from the previous week."

==========

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events 

==========

Charts were made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

• MaksiGen_Range_Move MTF - indicator for MetaTrader 5
• ASCtrend - indicator for MetaTrader 5
• Ichimoku Cloud - indicator for MetaTrader 5

==========

Same systems for MT4/MT5:

The beginning

1. ASCTrend system, the beginning, part #1
2. ASCTrend system, the beginning, part #2
3. ASCTrend system, the beginning, part #3
4. ASCTrend system, the beginning, part #4 
5. Digital ASCTrend (Digital Filters with ASCTrend system combined).
6. LabTrend (LabTrend indicators, LabTrendZigZag, templates, Labtrend EAs) - the thread

After 

1. The main AscTrend thread is this one.
2. Asctrend indicator in depth 
3. ASCTREND SYSTEM summary (good EAs included)
4. Brainwashing system/AscTrend system (MT5) - the thread

[Sergey Golubev]

Intra-Day Fundamentals - NZD/USD, Dollar Index and USD/CNH: Federal Funds Rate and FOMC Statement

2021-11-03 18:00 GMT | [USD - Federal Funds Rate]

• past data is 0.25%
• forecast data is 0.25%
• actual data is 0.25% according to the latest press release

if actual > forecast (or previous value) = good for currency (for USD in our case)

[USD - Federal Funds Rate] = Interest rate at which depository institutions lend balances held at the Federal Reserve to other depository institutions overnight.

==========

From official report :

• "The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. With inflation having run persistently below this longer-run goal, the Committee will aim to achieve inflation moderately above 2 percent for some time so that inflation averages 2 percent over time and longer‑term inflation expectations remain well anchored at 2 percent. The Committee expects to maintain an accommodative stance of monetary policy until these outcomes are achieved. The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent and expects it will be appropriate to maintain this target range until labor market conditions have reached levels consistent with the Committee's assessments of maximum employment and inflation has risen to 2 percent and is on track to moderately exceed 2 percent for some time. In light of the substantial further progress the economy has made toward the Committee's goals since last December, the Committee decided to begin reducing the monthly pace of its net asset purchases by $10 billion for Treasury securities and $5 billion for agency mortgage-backed securities. Beginning later this month, the Committee will increase its holdings of Treasury securities by at least $70 billion per month and of agency mortgage‑backed securities by at least $35 billion per month. Beginning in December, the Committee will increase its holdings of Treasury securities by at least $60 billion per month and of agency mortgage-backed securities by at least $30 billion per month. The Committee judges that similar reductions in the pace of net asset purchases will likely be appropriate each month, but it is prepared to adjust the pace of purchases if warranted by changes in the economic outlook. The Federal Reserve's ongoing purchases and holdings of securities will continue to foster smooth market functioning and accommodative financial conditions, thereby supporting the flow of credit to households and businesses".

==========

NZD/USD: range price movement by Federal Funds Rate news events

==========

Dollar Index: range price movement by Federal Funds Rate news events

==========

USD/CNH: range price movement by Federal Funds Rate news events

==========

The chart was made on MT5 with standard indicators of Metatrader 5 together with following indicators:

• MaksiGen_Range_Move MTF - indicator for MetaTrader 5
  
• ColorSchaffTriXTrendCycle - indicator for MetaTrader 5

[Sergey Golubev]

Intra-Day Fundamentals - GBP/USD and FTSE 100:  Bank of England (BoE) Interest Rate Decision and range price movement 

2021-11-04 12:00 GMT | [GBP - Official Bank Rate]

• past data is 0.10%
• forecast data is 0.10%
• actual data is 0.10% according to the latest press release

if actual > forecast (or previous good for currency (for GBP in our case)

[GBP - Official Bank Rate] = Interest rate at which the BOE lends to financial institutions overnight.

==========

From official report :

• "The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 2 November 2021, the Committee judged that the existing stance of monetary policy remained appropriate. The MPC voted by a majority of 7-2 to maintain Bank Rate at 0.1%. The Committee voted unanimously for the Bank of England to maintain the stock of sterling non-financial investment-grade corporate bond purchases, financed by the issuance of central bank reserves, at £20 billion. The Committee voted by a majority of 6-3 for the Bank of England to continue with its existing programme of UK government bond purchases, financed by the issuance of central bank reserves, maintaining the target for the stock of these government bond purchases at £875 billion and so the total target stock of asset purchases at £895 billion".

==========

GBP/USD: range price movement by BoE Interest Rate Decision news event 

==========

FTSE 100: range price movement by BoE Interest Rate Decision news event 

==========

Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

• MaksiGen_Range_Move MTF - indicator for MetaTrader 5
  
• ColorSchaffTriXTrendCycle - indicator for MetaTrader 5 

Same system for MT4: 

1. Brainwashing. Trades: manually and using EAs (MT4) 
2. Brainwashing EAs - the thread (MT4) 
3. Brainwashing: system setup for trading manually and for EAs (MT4) - the thread  
4. Brainwashing: system development (MT4) - the thread

[Sergey Golubev]

Intra-Day Fundamentals - McDonalds, GOLD (XAU/USD) and USD/JPY: United States Nonfarm Payrolls

2021-11-05 12:30 GMT | [USD - Non-Farm Employment Change]

• past data is 312K
• forecast data is 455K
• actual data is 531K according to the latest press release

if actual > forecast (or previous value) = good for currency (for USD in our case)

[USD - Non-Farm Employment Change] = Change in the number of employed people during the previous month, excluding the farming industry.

==========

From official report :

• Total nonfarm payroll employment rose by 531,000 in October, and the unemployment rate edged down by 0.2 percentage point to 4.6 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, with notable job gains in leisure and hospitality, in professional and business services, in manufacturing, and in transportation and warehousing. Employment in public education declined over the month.

==========

McDonald's : range price movement by Nonfarm Payrolls news events

==========

GOLD (XAU/USD): range price movement by Nonfarm Payrolls news events

==========

USD/JPY: range price movement by Nonfarm Payrolls news events

==========

Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

• MaksiGen_Range_Move MTF - indicator for MetaTrader 5

Same system for MT4:

1. Brainwashing. Trades: manually and using EAs (MT4)
2. Brainwashing EAs - the thread (MT4)
3. Brainwashing: system setup for trading manually and for EAs (MT4) - the thread
4. Brainwashing: system development (MT4) - the thread

[Sergey Golubev]

U.S. Commercial Crude Oil Inventories news event: intra-day bearish breakdown; daily secondary correction within the primary bullish trend to be started

2021-11-17 15:50 GMT | [USD - Crude Oil Inventories]

• past data is 1.0M
• forecast data is -0.2M
• actual data is -2.1M according to the latest press release

[USD - Crude Oil Inventories] = Change in the number of barrels of crude oil held in inventory by commercial firms during the past week.

==========

"U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 2.1M million barrels from the previous week."

==========

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events 

==========

Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

• MaksiGen_Range_Move MTF - indicator for MetaTrader 5
• ASCtrend - indicator for MetaTrader 5
• Ichimoku Cloud - indicator for MetaTrader 5
• Quick ZigZag plus DiNapoli - indicator for MetaTrader 5
• GMMA - indicator for MetaTrader 5
• Vortex - indicator for MetaTrader 5

==========

Same systems for MT4/MT5:

The beginning

1. ASCTrend system, the beginning, part #1
2. ASCTrend system, the beginning, part #2
3. ASCTrend system, the beginning, part #3
4. ASCTrend system, the beginning, part #4 
5. Digital ASCTrend (Digital Filters with ASCTrend system combined).
6. LabTrend (LabTrend indicators, LabTrendZigZag, templates, Labtrend EAs) - the thread 

After

• The main AscTrend thread is this one.
• Asctrend indicator in depth 
• ASCTREND SYSTEM summary (good EAs included)
• Brainwashing system/AscTrend system (MT5) - the thread

[Sergey Golubev]

EUR/USD Intra-Day Fundamentals: Markit European Union Services Purchasing Managers Index (PMI) and range price movement 

2021-11-23 09:00 GMT | [EUR - Markit Services PMI]

• past data is 54.6
• forecast data is 53.5
• actual data is 56.6 according to the latest press release 

if actual > forecast (or previous value) = good for currency (for EUR in our case)

[EUR - Markit Services PMI] = Level of a diffusion index based on surveyed purchasing managers in the services industry.

==========

From rttnews article:

• "Eurozone private sector growth improved unexpectedly in November after slipping to a six-month low in October, flash survey data from IHS Markit showed on Tuesday. The composite output index rose to 55.8 in November from 54.2 in October. The reading was expected to fall to 53.2. The services Purchasing Managers' Index improved to 56.6 from 54.6 in the prior month. The expected score was 53.5."

==========

EUR/USD: range price movement by Markit Services PMI news event

==========

The chart was made on MT5 with standard indicators of Metatrader 5 together with following indicator:

• Fibo Bar MT5 - indicator for MetaTrader 5 (read this thread for fixed version)
  
• custom color schemes for MT5 - post #525
  

[Sergey Golubev]

NZD/USD Intra-Day Fundamentals: RBNZ Official Cash Rate, RBNZ Monetary Policy Statement and range price movement  

2021-11-24 01:00 GMT | [NZD - Official Cash Rate]

• past data is 0.50%
• forecast data is 0.75%
• actual data is 0.75% according to the latest press release

if actual > forecast (or previous value) = good for currency (for NZD in our case)

[NZD - Official Cash Rate] = Interest rate at which banks lend balances held at the RBNZ to other banks overnight.

==========

From official report :

• "The Monetary Policy Committee agreed to raise the Official Cash Rate (OCR) to 0.75 per cent.  The Committee agreed it remains appropriate to continue reducing monetary stimulus so as to maintain price stability and support maximum sustainable employment".

==========

NZD/USD: range price movement by RBNZ  Official Cash Rate news event 

==========

The chart was made on MT5 with standard indicators of Metatrader 5 together with following indicators:

• MaksiGen_Range_Move MTF - indicator for MetaTrader 5
  
• ColorSchaffTriXTrendCycle - indicator for MetaTrader 5
  
• custom color schemes for MT5 - post #525