Australian Dollar
The Australian economic calendar is quiet this coming week, only featuring Construction Work Done (-1.90%) on Wednesday, and the Jackson Hole Symposium that will run from Thursday to Saturday. Resistance for AUD/USD is seen at 0.7826/34, 0.7718/64 and 0.7607/0.7675, with support noted at 0.7401/0.7565, 0.7241/0.7370 and 0.7284/99.
US Dollar
The U.S. economic calendar is less active than usual this coming week, featuring Preliminary GDP data on Friday. Monday is quiet, so Tuesday starts the week’s highlights off with New Home Sales (575K), and Wednesday’s key events include Existing Home Sales (5.55M) and Crude Oil Inventories (last -2.5M). Thursday then offers Core Durable Goods Orders (0.40%), Weekly Initial Jobless Claims (265K), Durable Goods Orders (3.50%) and the first day of the Jackson Hole Symposium, while Friday features Preliminary GDP (1.10%), a speech by Fed Chair Yellen, the Revised University of Michigan Consumer Sentiment survey (90.6) and the second day of the Jackson Hole Symposium. Saturday then concludes the week with the final day of the Jackson Hole Symposium.
British Pound
The UK economic calendar is very inactive this coming week, only featuring Second Estimate GDP (0.60%) and Preliminary Business Investment (-0.90%) data on Friday. In addition, the Jackson Hole Symposium will run from Thursday to Saturday. Resistance to the topside for GBP/USD shows at 1.3184/1.3227, 1.3104/19 and 1.3093, while support for the pair is expected at 1.3020/63, 1.2902 and 1.2794/1.2865.
Euro
The Eurozone economic calendar is moderately busy this coming week, featuring EZ M3 Money Supply data on Friday. Monday offers nothing of note, so Tuesday starts the week’s highlights off with French Flash Manufacturing PMI (49.1), French Flash Services PMI (50.6), German Flash Manufacturing PMI (53.7), German Flash Services PMI (54.3), EZ Flash Manufacturing PMI (52.1) and EZ Flash Services PMI (53). Wednesday then offers nothing special, while Thursday features the German Ifo Business Climate survey (108.5) and the first day of the Jackson Hole Symposium that will run until Saturday. Friday’s important data then includes the EZ M3 Money Supply (5.00%). Resistance for EUR/USD is seen at 1.1713, 1.1615, 1.1348/1.1494, with support showing at 1.1164/1.1282, 1.1028/70 and 1.0951.
Japanese Yen
The Japanese economic calendar is rather peaceful this coming week, only featuring a speech by BOJ Governor Kuroda on Tuesday, Tokyo Core CPI (-0.40%) on Friday and the Jackson Hole Symposium that will run from Thursday until Saturday. Resistance for USD/JPY currently shows up at 102.65/104.12, 101.96/102.26 and 100.82/96, with support indicated at 99.98/100.67, 99.53/64 and 98.99.
New Zealand Dollar
The New Zealand economic calendar is peaceful this coming week. Monday offers nothing notable, so Tuesday starts the week’s highlights off with the Trade Balance (-320M). After a quiet Wednesday, Thursday then features the Jackson Hole Symposium that will run from Thursday to Saturday. The chart for NZD/USD shows resistance at 0.7607/59, 0.7389/0.7420 and 0.7227/0.7322. On the downside, technical support is expected at 0.7051/0.7186, 0.6949/78 and 0.6890.
Canadian Dollar
The Canadian economic calendar is quiet this coming week, only featuring Wholesale Sales (0.50%) on Monday, followed by the Jackson Hole Symposium that will run from Thursday to Saturday. Resistance for USD/CAD is seen at 1.3147/1.3295, 1.2975/1.3054 and 1.2923, while support shows at 1.2762/1.2863, 1.2654/77 and 1.2592.