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USD + GBP News This Week December 4th - December 8th

Tuesday 5th December

USD ISM Services PMI @ 3.00pm

Forecast: 52.5


Friday 3rd November

Forecast: 53.0

Actual: 51.8 ( Worse than expected)


XAUUSD

Gold spiked up then dropped bearish on the news


Trend - Bullish then ranged after news


Scenarios

Actual/Better than expected (higher) - Gold Sells

Worse than expected - Gold Buys


 

USD JOLTS Job Openings @ 3.00pm

Forecast: 9.31M


Wednesday 1st November

Forecast: 9.34M

Actual: 9.55M Better than expected


XAUUSD

Gold dropped bearish on the news



Trend - Bearish and continued down to daily key level


Scenarios

Actual/Better than expected - Gold Sells

Worse than expected - Gold Buys

 

Wednesday 6th December

USD ADP @ 1.15pm

Forecast: 126K


Wednesday 1st November

Forecast: 149K

Actual: 113K Worse than expected


XAUUSD

25-30pip bullish push on the news



Trend -Bullish then pulled back at the end of the day


Scenarios

Actual/Better than expected(higher) - Gold Sells

Worse than expected(lower) - Gold Buys


 

Friday 8th December

USD NFP/Unemployment Rates @ 1.30pm

Forecast: 179K/3.9%


Friday 3rd November

Forecast: 178K/3.8%

Actual: 150K/3.9% Worse than expected


XAUUSD

Gold pushed bullish and reversed closing weak bullish



Trend - Overall bearish and continued bearish


Scenarios

Actual/Better than expected - Gold Sells

Worse than expected - Gold Buys

 

USD Prelim U0M Consumer Sentiment @ 3.00pm

Forecast: 62.0


Friday 10th November

Forecast:63.7

Actual: 60.4 (Worse than expected)


XAUUSD

Gold dropped 90pips bearish before retracing back to the daily open


Trend - Bearish and continued


Scenarios

Actual/Better than expected - Gold Sells

Worse than expected - Gold Buys

 


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