High impact news for USD this week. Look at what happened during the last releases and plan for the week ahead
Wednesday 3rd January
USD ISM Manufacturing PMI @ 3.00pm
Forecast: 47.2
Friday 1st December
Forecast:47.9 Actual:46.7 (Worse than expected)
XAUUSD
Pushed bullish on the news and broke out of the range
Trend - Ranging and continued bullish
Scenarios
Actual/Better than expected - Gold Sells
Worse than expected - Gold Buys
USD JOLTS Job Openings @ 3.00pm
Forecast:8.85M
Tuesday 5th December
Forecast:9.31M
Actual:8.73M (Worse than expected)
XAUUSD
Price pushed bullish on the news then retraced and then closed weak bullish
Trend - Bearish and continued down
Scenarios
Actual/Better than expected - Gold Sells
Worse than expected - Gold Buys
Thursday 4th January
USD ADP @ 1.15pm
Forecast: -
Wednesday 6th December
Forecast: 131K
Actual: 103K
XAUUSD
Small bearish drop then bullish push
Trend - Ranging and continued to range
Scenarios
Actual/Better than expected - Gold Sells
Worse than expected - Gold Buys
Friday 5th January
USD NFP/Unemployment Rates @ 1.30pm
Forecast:168K/3.8%
Friday 8th December
Forecast:184K/3.9%
Actual:199K/3.7%
XAUUSD
100pip drop on the news and continued bearish
Trend - Bearish and continued down
Scenarios
Actual/Better than expected - Gold Sells
Worse than expected - Gold Buys
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