Important upcoming events and publications for February 19 (GMT):
09:30 UK Unemployment claims have grown for 7 consecutive months and is expected to grow further, which is seen as a sign of tension before Brexit. Strong data are able to revive #GBP purchases.
10:00 German ZEW Economic Sentiment is considered as a reliable economic indicator, and since April last year it is in the negative zone, indicating the prevalence of pessimism. Another portion of the weak data is able to regain pressure on #EUR.
18:00 NAHB US housing market index dropped in 4Q18 but recovered a little in January. In February, further growth is expected, which may support #USD purchases.
See the detailed Economic calendar here
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
- GBPAUD reversed from support level 1.9135 - Likely to rise to resistance level 1.9360…
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