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20.08.202410:45 Trade Analysis & Reviews: Forex forecast 08/20/2024: EUR/USD, NZD/USD, SP500 and Bitcoin from Sebastian Seliga

We introduce you to the daily updated section of Forex analytics where you will find reviews from forex experts, up-to-date monitoring of financial information as well as online forecasts of exchange rates of the US dollar, euro, ruble, bitcoin, and other currencies for today, tomorrow and this trading week.

Video Agenda:

00:00 INTRO

00:12 Totay's key events: Trade Balance, RBA Meeting Minutes, Core CPI, CPI, GlobalDairyTrade Price Index, FOMC Member Bostic Speaks, API Weekly Crude Oil Stock

02:09 NZD/USD

04:10 EUR/USD

05:57 SP500

06:48 BTC/USD

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My other articles are available in this section

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Important:

The begginers in forex trading need to be very careful when making decisions about entering the market. Before the release of important reports, it is best to stay out of the market to avoid being caught in sharp market fluctuations due to increased volatility. If you decide to trade during the news release, then always place stop orders to minimize losses.

Without placing stop orders, you can very quickly lose your entire deposit, especially if you do not use money management and trade large volumes. For successful trading, you need to have a clear trading plan and stay focues and disciplined. Spontaneous trading decision based on the current market situation is an inherently losing strategy for a scalper or daytrader.

#instaforex #analysis #sebastianseliga

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Sebastian Seliga,
Analytical expert of InstaTrade
© 2007-2025
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See Also

Forex News
  • 2025-05-07 10:02:00
    *Germany Mar Factory Orders Up 3.8% On Year Vs. -0.2% In February
    2025-05-07 10:02:00
    *Finland Mar Trade Deficit EUR 890 Mln Vs. -EUR 990 Mln Last Year
    2025-05-07 10:01:00
    *Germany Mar Factory Orders Rise 3.6% On Month Vs. 0% In Feb, Consensus 1.4%
    2025-05-07 09:19:00
    European Economic News Preview: Germany Factory Orders Data Due
    2025-05-07 08:07:00
    *China Cuts Reserve Requirement Ratio By 50 Bps
    2025-05-07 08:06:00
    *China Central Bank Cuts 7-day Reverse Repo Rate By 10 Bps To 1.4%
    2025-05-07 07:58:00
    *New Zealand Q1 Labour Costs Index Up 2.5% On Year Vs. 2.9% In Q4, Consensus 2.7%
    2025-05-07 07:57:00
    *New Zealand Q1 Labour Costs Index Up 0.4% Q/Q Vs. 0.6% In Q4, Consensus 0.5%
    2025-05-07 07:53:00
    *Philippines Mar Industrial Production Up 0.4% On Year Vs. -0.6% In Feb, Consensus 4.8%
    2025-05-07 07:52:00
    *Philippines Mar Unemployment Rate 3.9% Vs. 3.8% In Feb, Consensus 3.30%
  • 2025-05-07 13:16:00
    *Eurozone Mar Retail Sales Rise 1.5% On Year Vs. 1.9% In Feb, Consensus 1.6%
    2025-05-07 13:15:00
    *Eurozone Mar Retail Sales Fall 0.1% M-o-M Vs. +0.2% In Feb, Consensus -0.1%
    2025-05-07 13:08:00
    *Eurozone Mar Retail Sales Up 1.5% Y/Y Vs. 1.9% In Feb, Consensus 1.6%
    2025-05-07 13:07:00
    *Eurozone Mar Retail Sales Down 0.1% M/M Vs. +0.2% In Feb, Cosnsensus 0%
    2025-05-07 12:50:00
    German Construction Sector Downturn Eases
    2025-05-07 12:48:00
    Italy Retail Sales Unexpectedly Fall 0.5%
    2025-05-07 12:44:00
    *UK Apr Construction PMI 46.6 Vs. 46.4 In Mar, Consensus 46.0
    2025-05-07 12:23:00
    *Taiwan Apr CPI Inflation 2.03% Vs. 2.32% In March
    2025-05-07 12:23:00
    *Amended: Italy Mar Retail Sales Down 2.8% Y/Y Vs. -1.4% In February
    2025-05-07 12:22:00
    Yen Slides Amid Risk-on Mood
  • 2025-05-07 12:15:00
    *Italy Mar Retail Sales Down 0.5% M/M Vs. +0.1% In Feb, Consensus +0.2%
    2025-05-07 12:15:00
    *Italy Mar Retail Sales Down 2.8% M/M Vs. -1.4% In February
    2025-05-07 12:11:00
    Finland Trade Gap Narrows In March
    2025-05-07 11:40:00
    *Slovakia Mar Retail Sales Down 2.5% Y/Y Vs. -2.6% In February
    2025-05-07 11:32:00
    *Germany Apr Construction PMI 45.1 Vs. 40.3 In March
    2025-05-07 11:31:00
    Yen Slides Against Majors
    2025-05-07 11:23:00
    *Yen Edges Down To 83.16 Against NZ Dollar
    2025-05-07 11:23:00
    *Yen Ticks Down To 104.01 Against Canadian Dollar
    2025-05-07 11:22:00
    Sweden Inflation Eases To 0.3%, Lowest Since November 2020
    2025-05-07 11:21:00
    *Yen Drops To 93.08 Against Australian Dollar
  • 2025-05-07 11:20:00
    *Yen Drops To 143.33 Against U.S. Dollar
    2025-05-07 11:20:00
    *Yen Slips To 173.65 Against Swiss Franc
    2025-05-07 11:19:00
    *Yen Falls To 162.63 Against Euro
    2025-05-07 11:19:00
    *Yen Slides To 191.23 Against Pound
    2025-05-07 11:16:00
    China Unveils Monetary Easing Measures
    2025-05-07 11:16:00
    *Austria Apr Wholesale Prices Down 0.4% M/M Vs. -0.8% In March
    2025-05-07 11:15:00
    *Austria Apr Wholesale Prices Down 1.0% Y/Y Vs. -0.2% In March
    2025-05-07 11:08:00
    *Czech Mar Exports Up 6.0% Y/Y, Imports +8.8%
    2025-05-07 11:06:00
    *Czech Mar Trade Surplus CZK 32.5 Bln Vs. CZK 40.5 Bln Last Year
    2025-05-07 11:04:00
    *Czech Mar Industrial Production Up 0.4% M/M
  • 2025-05-07 11:03:00
    *Czech Mar Industrial Production Up 1.4% Y/Y Vs. 1.5% In Feb, Consensus 0.2%
    2025-05-07 10:53:00
    *France Mar Exports Rise 5.6% On Month
    2025-05-07 10:53:00
    *France Mar Imports Up 2.3% M-o-M
    2025-05-07 10:52:00
    *France Mar Trade Deficit EUR 6.2 Bln Vs. -EUR 7.7 Bln In February
    2025-05-07 10:38:00
    *Hungary Mar Retail Sales Up 0.4% Y/Y Vs. 3.2% In February
    2025-05-07 10:33:00
    Philippine Industrial Output Rebounds 0.4%
    2025-05-07 10:16:00
    *Sweden Apr Flash CPI Rises 0.1% M/M, Consensus 0.3%
    2025-05-07 10:15:00
    *Sweden Apr Flash CPI Inflation 0.3% Vs. 0.5% In March, Consensus 0.5%
    2025-05-07 10:12:00
    German Factory Orders Rise More Than Forecast
    2025-05-07 10:05:00
    *Finland Mar Exports Up 17.7% Y/Y, Imports +16.6%
  • 2025-05-07 10:02:00
    *Germany Mar Factory Orders Up 3.8% On Year Vs. -0.2% In February
    2025-05-07 10:02:00
    *Finland Mar Trade Deficit EUR 890 Mln Vs. -EUR 990 Mln Last Year
    2025-05-07 10:01:00
    *Germany Mar Factory Orders Rise 3.6% On Month Vs. 0% In Feb, Consensus 1.4%
    2025-05-07 09:19:00
    European Economic News Preview: Germany Factory Orders Data Due
    2025-05-07 08:07:00
    *China Cuts Reserve Requirement Ratio By 50 Bps
    2025-05-07 08:06:00
    *China Central Bank Cuts 7-day Reverse Repo Rate By 10 Bps To 1.4%
    2025-05-07 07:58:00
    *New Zealand Q1 Labour Costs Index Up 2.5% On Year Vs. 2.9% In Q4, Consensus 2.7%
    2025-05-07 07:57:00
    *New Zealand Q1 Labour Costs Index Up 0.4% Q/Q Vs. 0.6% In Q4, Consensus 0.5%
    2025-05-07 07:53:00
    *Philippines Mar Industrial Production Up 0.4% On Year Vs. -0.6% In Feb, Consensus 4.8%
    2025-05-07 07:52:00
    *Philippines Mar Unemployment Rate 3.9% Vs. 3.8% In Feb, Consensus 3.30%
  • 2025-05-07 13:16:00
    *Eurozone Mar Retail Sales Rise 1.5% On Year Vs. 1.9% In Feb, Consensus 1.6%
    2025-05-07 13:15:00
    *Eurozone Mar Retail Sales Fall 0.1% M-o-M Vs. +0.2% In Feb, Consensus -0.1%
    2025-05-07 13:08:00
    *Eurozone Mar Retail Sales Up 1.5% Y/Y Vs. 1.9% In Feb, Consensus 1.6%
    2025-05-07 13:07:00
    *Eurozone Mar Retail Sales Down 0.1% M/M Vs. +0.2% In Feb, Cosnsensus 0%
    2025-05-07 12:50:00
    German Construction Sector Downturn Eases
    2025-05-07 12:48:00
    Italy Retail Sales Unexpectedly Fall 0.5%
    2025-05-07 12:44:00
    *UK Apr Construction PMI 46.6 Vs. 46.4 In Mar, Consensus 46.0
    2025-05-07 12:23:00
    *Taiwan Apr CPI Inflation 2.03% Vs. 2.32% In March
    2025-05-07 12:23:00
    *Amended: Italy Mar Retail Sales Down 2.8% Y/Y Vs. -1.4% In February
    2025-05-07 12:22:00
    Yen Slides Amid Risk-on Mood
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