Forex Analysis

Daily Forex Analysis 01.22.2016

Hello.Below is some advice on forex trading on 22.06.2016

Calendar anticipated events

11:30 Eurozone.index of business activity in the manufacturing sector in Germany
12:30 UK.Retail sales
16:30 Canada.Basic index
16:30 Canada consumer prices.The base index of retail sales
18:00 US.Sales in the secondary housing market


ERUSDaili 22012016

on EURUSD pair continues to move sideways in the district of 1.09000 and formed another pin-bar.It seems all that is worth waiting for the growth and final fracture on an upward trend.But not all unique.I'm in such situations, I prefer to refrain from transactions and wait for exit from the outset.


YuSDHFDaili 22012016

USDCHF On a similar situation and also pin-bar on the level of 1.01000.Above the level of the price does not seem to start up and will try to fall.I'll wait for the breakdown of 0.99000 and then start looking for sale.


USDZhPIDaili 22062016

On USDJPY rebounded from the level of 116.00 and formed inner bar.I go down to the correction in the area of ​​118.50

0, then try to continue to fall.From shopping refrain, becausethey are against the trend.


ERZhPIDaili 22062016

On EURJPY pair again not released a price for the level of 127.00 and formed a Pin Bar.Probably grow to 129,000.In purchase to enter think it is not necessary, because thethe current trend is down.

Fundamental analysis


China shares rose only slightly on Friday, responding to muffled additional policy stimulus in Europe and Japan.

Shanghai Composite Index rose 0.6% in early trading, recovering from sharp losses on Thursday.CSI 300 Index (the largest industrial companies) in Shanghai and Shenzhen also grew by 0.6%.

The index and then a balance between positive and negative territory in early trading, accompanied by generally small volumes of trades.

Investors are increasingly reluctant to take the risk of their own means of the Chinese peremenichivom market, as well as in working with China's major trading partners, in particular commodity markets like Canada or Russia, which are now fully feel the stagnation pressure from Asia.And while Beijing did not announce at least some systematic approach to the future recovery, investor confidence returns to the market and will subside with each new deflationary impulse.However, what today would be able to serve as a growth driver for China.

International Economic Forum

European Union "falling apart," Soros said.

American financier George Soros at the World Economic Forum in Davos, suggested that the EU could fall apart in the near future, which of course will result in economic events in the world at a completely different level.

magnate and philanthropist also said that China's economy is experiencing a hard landing, the US Federal Reserve raised rates too late and Republican presidential leader Donald Trump.

Russia as well, according to Soros, was in a "very, very weak position" and "is facing collapse," but if China is experiencing a hard landing is more freedom to maneuver, the raw Russian economy is experiencing is a structural stagnation and needs broadand comprehensive reforms, close to the revolutionary in economic terms, to set the momentum for the market recovery.

Just Soros criticized the Fed for what they have raised rates too late, "at the time when the US economy has slowed down."

So, according to Soros, investors should tighten their belts and start looking for a profit or to hedge financial risks more balanced markets, demonstrating the most systematic approach to recovery.Today, it is not Europe and not (yet) the United States, although the latter seems to have chosen a scenario of further growth, suggesting impulsive peremenchevy growth due to tight credit policy, which also makes this market attractive part.And some balance and stability of Japan, and shows Velekobritaniya.The first covers the damage caused by low oil due to higher wages, tax cuts and stimulating capital spending, the stimulation of trade initiatives like the TTP and the development of business and the agricultural sector, while the industry is experiencing a decline.In turn, the United Kingdom also shows a moderate pace of recovery, and they are undermined by the loose monetary policy of the Bank of England, the high housing prices and a weak labor market.