EURUSD produced a weekly bullish Pin Bar candle on the chart. The price has been within a horizontal channel and traders would love to see a breakout towards either side. In the coming week, there are number of high impact news events that might create volatility on the pair and make the pair make the desired breakout. Let us see what those news events are...

Monday-26^th June-12.30 GMT

Core Durable Goods order m/m Usually produces long spikes on the Intra-day charts and sweeps off the stop losses.

Monday-26^th June-17.30 GMT

ECB president Draghi speaks This is one important news event. It has to be dealt carefully by EURUSD traders.

Tuesday-27^th June-08.00 GMT

ECB president Draghi speaks Draghi is going to give another speech on this day. Do not think it would create as much volatility as it would on Monday though. However, intra-day charts will definitely have impact of it.

Tuesday-27^th June-14.00 GMT

CB consumer confidence Another news event, which has to be carefully dealt by the intraday traders.

Tuesday-27^th June-17.00 GMT

Fed chair Yellen speaks This news event does not usually create extreme volatility. However, if it does, it could make the pair be very volatile. Wednesday-28^th June-14.30 GMT Crude Oil Inventories Another news event, which creates volatility on the Intra-day charts.

Thursday- 29^th June-12.30 GMT

Final GDP q/q Unemployment claims Technically, these two news events are going to be the week’s last two high impact news events for EURUSD. As usual, traders must be extra careful with “Unemployment claims” here and use it to find opportunities to take entries accordingly.