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Since December, 24 markets are switching to the holiday trading schedule. No major statistics will be announced.

Please, take a look at the changes in trading of various financial instruments (GMT +2): https://www.fxpro.com/trading-tools/market-holidays πŸ‘ˆπŸ»
Wave Analysis: #NZDJPY is expected to fall further and re-test the next support level 74.00
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Wave Analysis: #Cotton is expected to fall further and re-test the next support level 72.00
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πŸ—“ Important upcoming events and publications for December, 27 (GMT):

πŸ‡ͺπŸ‡Ί12:00 ECB Economic Bulletin publishes 2 weeks after the rate decision. Often, the publication has a low impact on the #EUR, but amid reduced liquidity, it cannot ruled out volatility spikes.

πŸ‡ΊπŸ‡Έ16:30 U.S. weekly Initial Claims data is able to affect the course of trading in pairs #USD. This indicator lowered (improved) somewhat in December after trend for growth in October-November. Strong data can support the belief in the health of the U.S. economy.

πŸ‡ΊπŸ‡Έ 18:00 U.S. Consumer confidence index from the Conference Board is set to become the most significant macroeconomic publication on Thursday. Reports of strong holiday sales helped take-off of the market overnight that returned consumer sentiment in the focus of investors and traders.

Visit https://fxpro.news/economic-calendar/ for more details.
Wave Analysis: #CADCHF is expected to rise further and re-test the next resistance level 0.7320
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Wave Analysis: #Copper is expected to rise further and re-test the next resistance level 285.00
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πŸ—“ Important upcoming events and publications for December, 28 (GMT):

πŸ‡©πŸ‡ͺ 13:00 Germany Consumer Price Index is able to spur volatility in #EUR. Before publishing the data on the whole country during the day, there will be individual statistics for lands that can also affect the trading.

πŸ‡ΊπŸ‡Έ 13:30 U.S. Goods trade balance is in focus in connection with the trade disputes with China. Strong deviation from the expectations can affect course of #USD. It is expected a slight deficit reduction from 77.2 billion to 75.5 billion.

πŸ‡ΊπŸ‡Έ 16:00 U.S. Weekly Oil Inventories data has noticeably influenced crude oil prices. Due to the holidays, the publication comes out in an unusual time. It is expected that decline in inventories can increase purchases in #WTI and #Brent.

Visit https://fxpro.news/economic-calendar/ for more details.
2019 Forecast: Falling markets and the US dollar growth

Upcoming year promises to be not easy one, but it looks unlikely that it will become a crisis year for developed countries. However, during the year, crisis processes may actively brewed:

1. Debt burden in EM countries, particularly in China;
2. Consequences and probable development of trade conflicts;
3. Hard lending in developing countries;
4. Tighten of the Fed policy;
5. Stock markets' fall that could turn into the real economic problems.

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⚠️ News alert!

At 13:30 GMT U.S. Goods trade balance will be published. This data may affect EURUSD volatility.

Open your FxPro trading platform to examine the market situation: fxpro.com πŸ‘ˆπŸ»

Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
Wave Analysis: #CHFJPY is expected to rise further and re-test the next resistance level 113.00
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Wave Analysis: Silver is expected to rise further and re-test the next resistance level 15.60
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On December, 31 markets are switching to the holiday trading schedule. No major statistics will be announced, major markets are set to earler closing.

Please, take a look at the changes in trading of various financial instruments (GMT +2): https://www.fxpro.com/trading-tools/market-holidays πŸ‘ˆπŸ»
πŸ—“ Important upcoming events and publications for January, 3 (GMT):

πŸ‡¬πŸ‡§ 09:30 U.K. Construction PMI is able to influence on the pairs with #GBP. Activity in the construction and housing is a reliable barometer of business activity in Britain. It is expected to decline from 53.4 to 52.9, reflecting slowing growth. Data below expectations can bring pressure to the British currency.

πŸ‡ΊπŸ‡Έ 13:15 U.S. ADP Employment report attracts the attention of market participants and can increase #USD volatility in case of deviation from expectations (179k). The weak data would strengthen the nervousness, assuming the United States economy slowdown. Strong data, by contrast, are likely to spur demand for the dollar.

πŸ‡ΊπŸ‡Έ 15:00 U.S. Manufacturing ISM is one of the most important indicators of business activity in the country. The publication may seriously spur volatility in pairs with #USD and on stock markets. It is expected to decrease from a very high level at 59.3 to 58.2. A more dramatic decline could prove unfavorable to the dollar.

Visit https://fxpro.news/economic-calendar/ for more details.
The foreign exchange market is experiencing serious turbulence in the first days of the new year. At the beginning of the Asian trading on Thursday, the Japanese yen added more than 7.5% to the dollar in a matter of minutes.
USDJPY and AUDUSD flash-crash on the thin market

Overnight we saw some kind of forex flash-crash

As in the case of JPY, AUD sharp weakening became an extreme development of events but coincided with the existing trend: markets continue demand for safe-heavens, which is also seen in the rising gold prices and pressure for the world stock markets.

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⚠️ News alert!

At 13:30 GMT U.S. ADP Employment Report will be published. This data may affect EURUSD volatility.

Open your FxPro trading platform to examine the market situation: fxpro.com πŸ‘ˆπŸ»

Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
⚠️ News alert!

At 15:00 GMT U.S. Manufacturing ISM will be published. This report may affect EURUSD volatility.

Open your FxPro trading platform to examine the market situation: fxpro.com πŸ‘ˆπŸ»

Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money