Hello.Below is some advice on forex trading on 27.01.2016
Calendar anticipated events
18:00 US.Sales of new homes
18:30 US.Crude oil reserves
22:00 US.Statement FOMC
22:00 US.The decision on the interest rate the Fed
On AUDUSD pair formed a pattern of absorption at the level of 0.69300.It looks like we should start to look towards purchases with the objectives of 0.72000 or higher.Purchases against the trend, so do not forget to comply with Money Management.
On USDCAD fell short of expectations about the resumption of growth and the level of 1.41500 hit Absorption formed.You can try to sell with the aim of 1.3800, the more it contributes to the fact that the majority of purchases.But I refrain from sales and stay on the sidelines to watch the situation.
On USDJPY yesterday in maternal candle pattern formed Inner Bar Pin Bar.Perhaps the price below 118,000 and will not be allowed to continue and the trend will not see down.But I think the purchase
the January Fed meeting will be a test kommunikativistskih policies of the central bank, as global investors are looking at Yellen, waiting for clues on whether the Fed is ready to lower its interest rates in the near future.
most powerful central banker in the world made no public comment on this matter since the Fed raised rates for the first time than almost a decade in December.
Since then, markets have started to aggressively sell their stocks.And now, the Fed's strategy, certainly suggests that Dr. Yellen to negotiate a peace message for investors, in order to avoid dragging global stock tverdno the territory of a bear market.
markets remain in uncertainty about the future rise in interest rates and expect the Fed sympathy for this initiative.Note that the tightening of monetary policy in the US has pushed the US dollar higher, which led to capital outflows in emerging markets.
Nevertheless, the Fed led by Dr. Yellen Vysk demonstrate their awareness of the third informal mandate of the stabilizer of the global economy.In September 2015, the central bank has already managed to overwhelm the markets, holding prospects of tighter monetary policy in December.
This also means that the historical view that the US Federal Reserve operates strictly on tightening wrong.Therefore, investors interested in medium- and long-term dynamics of the US dollar is worth in the first place to listen to the statements of the US Federal Reserve and implement concomitant monitoring of global financial markets.On the eve of the March reading all eyes will be glued to Yellen, and in fact, the probability of tightening will depend on how far the Fed is ready to go playing against the global market.
not very beautiful set of numbers, but not too bad.The latest report of inflation gives the green light for the Reserve Bank of Australia, if he decides to cut the official interest rate in the near future, but there is a view that inflation is still not low enough to provide him with the opportunity.
On the other hand, all over the world today, there are fears that global inflation is so low in the near future, that the central banks have cut interest rates before the scheduled time in order to prevent the risks of deflation attacks.
But all is not so bad in Australia to date.Inflation is under control, but the final number of 2% increase in 2016 to make a surprise, after a few higher than expected.Not that this is cause for concern, rather the object of envy for other developed countries.Deflationary fears are so strong in the market today, most of the economies welcomes inflation.
Indeed, Australia, more and more is differentiated itself from what worried investors around the world.Market growth is respectable, while Europe and Japan continue to worry about deflation threats from sluggish growth.In China, however, low inflation combined with concerns about the high rate of slowdown in economic activity.Therefore, predicting the dynamics of the growth of the Australian in the short to medium term it is important to take into account the market situation in the first place the internal market than external factors, although the latter, by far, by far remain the most important levers of pressure on each market individually.