Target levels and forecast for the week 21.08. 25.08.

Target levels and forecast for the week 21.08.  25.08. The highlight of the week will be the economic symposium at Jackson Hole. Powell's speech at this summit gives the markets a forecast of the Fed's policy for the next six months.Steady economic growth, strong retail sales in July, no decline in inflation in July, and continued growth in the labour market - all these factors increase investors' fears. If the Fed has to keep raising rates, then the US debt market will also continue to fall.Before Powell's speech, a mass fixation of positions is required. In the absence of a strong negative in the text of the statement, it is logical to expect a correction for risk appetite.We are waiting for Biden's decision to ban the export of chips to China and restrict the use of cloud resources. China's retaliatory move to ban US investment is also possible.From economic reports, the PMI of the Eurozone, Britain and the USA are important.Recall the fundamental events that you need to pay attention to (GMT 0 time):Tue, 22USD: Existing Home Sales (14:00); API Weekly Crude Oil Stock (20:30)NZD: Retail Sales (22:45)Wed, 23Earnings Dates & Reports: NVIDIA JPY: Services PMI (00:30)GBP: Manufacturing, Composite, Services PMI (08:30)EUR: Manufacturing, Composite, Services PMI (08:00); European Union Economic Forecasts (10:00)USD: Manufacturing, Composite, Services PMI (13:45); Crude Oil Inventories (+Cushing) (14:30)Thu, 24USD: Jackson Hole Symposium (12:00); Initial Jobless Claims (12:30); Fed's Balance Sheet (20:30)Fri, 25EUR: ECB President Lagarde Speaks (11:00)USD: Jackson Hole Symposium (12:00); Fed Chair Powell Speaks (14:05)For more news  see Economic Calendar.Profits to yall!#EURUSD #GBPUSD #USDJPY #XTIUSD #Profits #ForexChief #forexsignals #MarketFocus #forexnews #Stock #StopLoss #EconomicCalendar #worldnews #forexmarket