2. Date: 11th
Jan, 2019
Chart - EURUSD Outlook
EURUSD as discussed yesterday it has given
a breakout after consolidation now it has
again given low risk opportunity to bulls.
EURUSD has retested trend line breakout,
all momentum indicators waving on the
positive side hence we advise to adopt buy
on dips strategy
Major Support is at 1.14950 and Resistance
is at 1.15680
Chart - GBPUSDOutlook
GBPUSD is consolidating just below the
breakout level keep an eye on this pair
because if it breaks trend line then we
might see swift move on the upside because
it has made a double bottom pattern on the
daily charts few days back. All momentum
indicators turned positive for this forex pairs
it is advised to adopt buy on dips strategy,
Major resistance is at 1.28000 and support
at 1.27108
FOREX
3. Date: 11th
Jan, 2019
USD Advance Goods Trade
Balance (NOV)
High -$76.0b -$77.2b
USD Cap Goods Orders Nondef Ex
Air (NOV F)
Low -0.6%
USD Cap Goods Ship Nondef Ex Air
(NOV F)
Low -0.1%
USD Construction Spending (MoM)
(NOV)
Medium 0.2% -0.1%
USD Durable Goods Orders (NOV F) Medium 0.8%
USD Durables Ex Transportation
(NOV F)
Low -0.3%
USD Factory Orders (NOV) Medium 0.3% -2.1%
USD Factory Orders Ex Trans (NOV
F)
Low 0.3%
USD New Home Sales (NOV) Low 568k 544k
USD New Home Sales (MoM)
(NOV)
Medium 4.5% -8.9%
USD Retail Inventories (MoM)
(NOV)
Low 0.9%
USD Wholesale Inventories (MoM)
(NOV P)
Medium 0.5% 0.8%
NZD REINZ House Sales (YoY)
(DEC)
Medium 2.6%
CHF Real Estate Index Family Homes
(4Q)
Medium 472.3
CNY Aggregate Financing CNY
(DEC)
Medium 1245.5b 1519.1b
CNY Money Supply M0 (YoY)
(DEC)
Low 3.0% 2.8%
CNY Money Supply M1 (YoY)
(DEC)
Low 1.7% 1.5%
CNY Money Supply M2 (YoY)
(DEC)
Low 8.1% 8.0%
CNY New Yuan Loans CNY (DEC) High 825.0b 1250.0b
CNY Foreign Direct Investment
(YoY) (DEC)
Medium -26.3%
00:30 AUD Retail Sales (MoM) (NOV) Low 0.4% 0.3% 0.3%
05:00 JPY Eco Watchers Survey Current
(DEC)
Medium 50.7 51
05:00 JPY Eco Watchers Survey Outlook
SA (DEC)
Medium 51.4 52.2
08:20 EUR ECB's Mersch Speaks in
Bratislava
Low
09:30 GBP Trade Balance (NOV) Medium -£2800m -£3300m
09:30 GBP Visible Trade Balance (Pounds)
(NOV)
Medium -
£11400m
-
£11873m
09:30 GBP Trade Balance Non EU GBP/Mn Medium -£3775m -£4251m
ECONOMIC DATA
4. Date: 11th
Jan, 2019
(NOV)
09:30 GBP Industrial Production (MoM)
(NOV)
Low 0.2% -0.6%
09:30 GBP Industrial Production (YoY)
(NOV)
Medium -0.7% -0.8%
09:30 GBP Manufacturing Production
(MoM) (NOV)
Low 0.4% -0.9%
09:30 GBP Manufacturing Production
(YoY) (NOV)
Medium -0.7% -1.0%
09:30 GBP Construction Output SA (MoM)
(NOV)
Low 0.2% -0.20%
09:30 GBP Construction Output SA (YoY)
(NOV)
Medium 2.6% 3.8%
09:30 GBP Index of Serices (MoM) (NOV) Low 0.1% 0.2%
09:30 GBP Index of Services (3Mo3M)
(NOV)
Low 0.2% 0.3%
09:30 GBP Monthly GDP 3M/3M Change
(NOV)
Medium 0.3% 0.4%
09:30 GBP Gross Domestic Product (MoM)
(NOV)
Medium 0.1% 0.1%
13:30 USD Consumer Price Index (MoM)
(DEC)
Medium -0.1% 0.0%
13:30 USD Trade Balance (NOV) Medium -$54.0b -$55.5b
13:30 USD Consumer Price Index (YoY)
(DEC)
High 1.9% 2.2%
13:30 USD Consumer Price Index Ex Food
and Energy (MoM) (DEC)
Medium 0.2% 0.2%
13:30 USD Consumer Price Index Ex Food
and Energy (YoY) (DEC)
High 2.2% 2.2%
13:30 USD Consumer Price Index Core
Index s.a. (DEC)
Low 259.481
13:30 USD Consumer Price Index n.s.a.
(DEC)
Low 251.08 252.038
13:30 USD Real Avg Weekly Earnings
(YoY) (DEC)
Medium 0.5%
13:30 USD Real Avg Hourly Earning (YoY)
(DEC)
Medium 0.8%
14:00 MXN Industrial Production NSA
(YoY) (NOV)
Medium 0.5% 1.0%
15:00 USD Wholesale Inventories (MoM)
(NOV F)
Low 0.5%
15:00 USD Wholesale Trade Sales (MoM)
(NOV)
Low -0.2%
18:00 USD Baker Hughes U.S. Rig Count
(JAN 11)
Medium 1075
19:00 USD Monthly Budget Statement
(DEC)
Medium $0.0b -$204.9b
5. Date: 11th
Jan, 2019
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6. Date: 11th
Jan, 2019
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