Forex Analysis

Analytical forecast for 01/13/2016

Hello.Below is some advice for trading in the Forex market on 13.01.2016


ERUSDaili 13012016

On EURUSD formed a Doji pattern.The situation is ambiguous.For shopping there are no signs of the trend upwards, and sales prevents the level 1.08500.Perhaps I observe the situation from without transactions.


AUDOSDaili 13012016

On AUDUSD again Doji pattern at the level of 0.69500.The level of strong and I think we move him up, but for a long time or not will be clear in the area 0,7100-0,71500.There we will finish either correction or continue to rise to 0.74000.I will refrain from transactions and see the situation.


USDZhPIDaili 13012016

On USDJPY too small Dodges.good strong foothold in the pattern is not present, but I will continue to fall to below 116,000.I continue to consider selling this pair.

Fundamental analysis


Canadian dollar may fall to 59 US cents

Analysts at Macquarie Group Ltd.predict the fall of Canadian record up to 59 cents against the US dollar by the end of this year, mainly due to further decel

eration in the energy sector has a stretched economy at large debt of consumers, and has a third lower interest rates by the Bank of Canada.

Tuesday currency fell below 70 US cents, touching 13-year lows.Last time such a shake-up for the currency was observed in the late 1990s, also due to low oil prices.

January 12 Canadian fell 0.6% to 60.90 cents US.The last time he touched this level in May 2003, and the first time the Canadian dollar fell below 70 US cents in 1997.While crude oil has fallen to 12-year lows of $ 29.93 per barrel.

Meanwhile, the newly elected Liberal government of Canada does not promise the deficit to help stimulate the economy, the recovery of which is constrained by the collapse of energy prices, the largest export commodity of the country, while consumer spending is at record low levels.

Analysts believe that if the Bank of Canada cut interest rates to a record low of 0.25% on 20 January it weakened manufacturing sector, as well as kontsurentsiya from Mexico and the United States, Canada's largest trading partner, significantly delay the prospects for recovery of the market in Canada.But before Canadians reach new record highs fall, there is a risk that it will long remain depressed until 2018.


The US dollar rose on Tuesday amid the intentions of the Federal Reserve to raise interest rates further in 2016.

Given the significant uluchshnie in the labor market, traders believe that the US central bank will continue raising rates, while central banks in Europe and Japan, is expected to deploy a program of additional incentives.

On the economic front, meanwhile, the number of jobs has changed little reaching 5.4 million. On the last working day of November, the US Labor Department reported Tuesday.

US dollar index against six other major currencies rose by 0.24% to 98,981 at the end of trading.

In late trading in New York, the euro fell to $ 1.0856 from $ 1.0875 in the previous session, and the British pound also fell to $ 1.4430 from $ 1.4548.The Aussie weakened to $ 0.6981 from $ 0.6982, while the yen was trading at 117.59 Bose, higher than the previous session to 117.5 yen.The dollar traded at 1.0019 as the Swiss franc on Tuesday, with respect to 0.9997 on Monday, and about 1.4280 per Canadian, from 1.4222 in the previous session.

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