Forex Analysis

Analytical review of the Forex market on 01/19/2016

Hello.Below is some advice on forex trading on 19.01.2016

Calendar anticipated events

12:30 UK.The consumer price index
13:00 Eurozone.ZEW index of economic sentiment in Germany
13:00 Eurozone.The consumer price index
15:00 UK.Speech by the head of the Bank of England Carney


AUDOSDaili 19012016

On AUDUSD pair formed a pattern of inner bar on a pullback to the level of 0.69500.I think that will continue to fall further, and should consider the sale of 0.6500 with the targets.


USDSADDaili 19012016

On USDCAD passed the level 1.4500 and formed a small Doji.After a long period of growth may start correction.But I consider for this pair is only a continuation of the trend of buying in bulk and selling it on the indicator to push.

Fundamental analysis


China's gross domestic product grew at the slowest pace since 2009 in the fourth quarter, showing a development that is unlikely to convince investors that the second economy of the world really got on the road to recovery.

Investors also remain

ed on the edge of the last few weeks, as the crisis is back on the Chinese stock markets due to unexpected regulatory polity Beijing.

economy grew at the rate of 6.8% in the fourth quarter, according to official data released on Tuesday, slower than the average estimates of economists pointed to 6.9%, and slower than in March 2009. The annual rate of the economy has expanded by 6.9%, about 7% lowerthe target values ​​set by the government earlier.

Meanwhile, massive layoffs in the coal field are continuing.In addition, the Chinese economy has become very large, more complex, but the management policy has not changed, that causes suffering world markets, in particular the major trading partners of China, raw materials and developing countries, as well as large companies that cooperate with Chinese manufacturers.This leads to the fact that more and more risks and shocks will come from China the next few years that will certainly affect the rest of the world.

Japan Bank of Japan kept estimate Monday seven of the nine regional economies at the same level (in October), against the background of growth of automobile production and solid employment conditions.

central bank said that the economy of the region Tokaj expanded at a moderate pace.This is the first time since April 2008, when the phrase "expansion" has been used to describe the state of the regional economy on behalf of the Bank of Japan.

As the Bank of Japan cut views on the economy of the region Kinki centered on Osaka, due to the flattening of industrial activity on the background of a slowdown in Chinese economic growth.

In addition to the Kinki region, the production estimate has been revised in the Tohoku and Hokkaido regions, representatives of the central bank.

All nine regional economies, however, show strong potential for recovery, opening prospects for capital investment and personal expenditures, while continuing to move the country to the target level of 2% inlyatsii.

But the global outlook is far less obvious.Japanese and foreign stocks continued to slide, exactly as the yen strengthened against the dollar amid concerns about the prospects of the Chinese economy and plunging oil prices.There is also a risk of oversupply in the Japanese market.Consumer spending remains sluggish and real wage growth remains low.The Bank is likely to make further adjustments as the emergence of new risks of lower economic activity and price, while the operating monetary policy, according to many analysts, is already beginning to justify the best expectations.