Forex Analysis

Analytical review of trending tools on 02/09/2016

Hello.Today, after a new "portion of the glue," look at a couple of interesting points to trade in the Forex market 9.02.2016


ERUSDaili 9022016

on EURUSD pair formed another candle in the pattern of inner bar.The preponderance of buyers has increased, and I think will continue to rise further.I continue to consider buying this pair, with the immediate objectives in the area of ​​1.14500.


USDSADDaili 9022016

On USDCAD pair formed a Doji pattern in the area of ​​1.39500.This level is the first point of a possible termination of correction.And you want to see the continuation of the falling trend.I consider this pair to sale.But do not forget about the level of 1.38000, which will be difficult to pass.

Fundamental analysis


US stocks fell.S & amp;P extended its two day decline to 3.3% and the Nasdaq Composite approached the lows of 2013, opening the bearish trend.

Reduced later session was conditioned otskom prices of energy stocks, which Nasdaq Comp.He suffered decline almost in half.Amazon, Facebook and

the Google, the company that held the entire market in 2015, slipped to 3.5% from Thursday.Morgan Stanley and Goldman Sachs Group fell more than 4.6% and the Nasdaq Biotechnology index fell by 3.2%.In other words, bad news from the scientific, technological, energy and gold mining sector pushed down the US market.

In addition, expectations of US consumers with respect to the rate of inflation in the next three years fell to the lowest level since June 2013, according to the data of the monthly survey of the Federal Reserve Bank of New York.The average respondent in the January oprosle New York Fed predicted that the annual rate of consumer price inflation was 2.5% in three years, compared with 2.8% in the December poll.The median expected inflation rate fell to a record low 2.4% from 2.5% a month earlier.

Nevertheless, the news from the labor market are opening the prospects for further tightening of monetary policy, which of course will strengthen the dollar, but hurting the real economy by making goods and services of large companies-exporters irrelevant the current realities of consumer sentiment in the maincountries importing US goods and services.It's hard to judge clearly what will be the dominant factor in the short term, since the reaction of investors will be ambiguous.But if you write off behavioral market conditions, in the short term, the dollar should weaken slightly by a decline in production and trade, but also to buy in the medium and long term by raising key interest rates by the US.

Europe Stoxx Europe 600 Index slid 3.5% to 314.49, while the index of the Greek ASE fell to its lowest level since 1990.And no one industry or market in Western Europe did not escape the fate of falling today.Banks in the region are sent to the lowest level since 2012.

With 7.9% fall, the ASE was the worst figure on a global scale since 1993, while the national benchmark indices in Italy and Spain lost at least 4.4%, indicating that the slides were not confined to the so-called peripheral regions.

Germany's DAX index sank 3.3%, heading to the lowest level since 2014.Commerzbank has fallen by 9.5%, to the lowest level since August 2013, after Keef, Bruyette & amp;Woods downgraded the index ranking in sales terms.

European Markit iTraxx, the largest financial index of credit-default swaps rose 16 basis points to 137.56 points.Index swaps linked to unwanted companies have withdrawn the ratings on the sixth day, indicating the long run from October 2014 and swap investment grade index rose by 11 basis points to 122.07 points.All three indexes are at the highest rate since 2013.

euro rose 0.2% to $ 1.1182 after earlier weakening of the United States.At the same time, Dollar Spot Index from Bloomberg sank 0.2% weakening growth.The euro can still dial the growth of this week, on the background of a short break in the Chinese market and low interest rates set by the ECB.However, emerging markets are affected in the sectors of consumer demand and investment activity, stagniruya dynamics of trade turnover in the region that still responds to the beginning of next week, when China comes back to the game and will bring a new batch of deflationary shocks to its key partners.


Chinese markets are closed for the holidays.

Japanese shares jumped after the payroll report in the US stimulus US Federal Reserve to raise interest rates and the strengthening US dollar against the yen, making however, expect to increase profits for Japanese exporters.

Topix index gained 0.8% to 1380.41 at the close on Monday.The index fell by 4.4% last week, abolishing the growth of the initiative seized by improving incentives from the head of the Bank of Japan Haruhiko Kuroda.Nikkei 225 Stock Average added 1.1% from Monday to 17.004.30.

yen will fight for promotion, since Japan has already adopted a negative interest rates and Kuroda is threatening to drop them in the future, in pursuit of a target, two percent inflation rate.The Japanese currency gained at least 0.8% against all 16 major currencies, advancing to 115.52 per dollar.It is expected that the yen will trade in a range between 116 and 120 per American.