Forex Analysis

Analysis of the behavior of the currency pairs on 09/12/2015

Hello.Below is some advice on forex trading on 9.12.2015


ERUSDaili 9122015

on EURUSD pair seems to have rebounded from the level of 1.08500 and graduating correction will try to continue to grow.Good as an entry point patterns Price Action on the daily chart there.But you can look for entries on younger timeframe.


USDSADDaili 9122015

On USDCAD as expected continued growth and passed the level of 1.34500.I continue to consider buying this pair.Perhaps in the next few days will be followed by pullback back to the level and patterns Price Action appear to enter a trade.


ERZhPIDaili 9122015

On EURJPY seems still not allowed under the 133.500 level and formed the inner bar.According to the indicator, the bulk of the orders is in sales.So I think you can try to consider buying for this pair with the expectation of continued growth.

Fundamental analysis


Consumer inflation in China slightly rose in November, but is still far from the 2015 target of 3%, raising concerns that the world's second economy may fall into

a deflationary trap, as happenedwith Japan.

Such sputtering economy after years of strong growth may also reflect the fact that Chinese consumer prices are unlikely to change significantly in the near future due to collapsing commodity prices and energy, as well as weak demand.

But more worrying still is the fact that the GDP deflator in the economy, reflecting a broader measurement of prices, fell by 0.7% in the third quarter, indicating that China has entered a deflationary period.

China still continues to create headwinds for the emerging economies and low energy demand side from month to month, causing serious damage to the commodity economies of major trading partners - Russia, Canada, as well as Japan.And yesterday's inflation data is unlikely to strengthen investor confidence in the fact that the Chinese market is moving towards prosperity, hence the investment activity in the partner countries is also partly squeezed Chinese crisis.

World Bank and the fate of emerging markets

Emerging markets are at a crossroads, perhaps in anticipation of a new era of global economic slowdown.And this is the main thesis of the report yesterday, the World Bank economists.

However, one can not exclude the possibility that it may just be a temporary turbulence as the emerging economies are not as vulnerable as the previous decade.

But at this point, the starting point for concern is the significant slowdown in growth, which we have already seen in market economies, 2010.

And now the economy growing more slowly than it was five years ago, after the international financial crisis of 2008-2010.As well, the Bank's economists pointed out that last year the growth rate of the global economy slipped below the long term average rate.

China remains the most striking example zemedleniya, we need only reflect on the rapid collapse of the second economy in the world, and that after three decades of rapid economic growth.

Many commodity economy also suffered a lot more than in 2010. This is Brazil, Russia and South Africa in the first place.And their catastrophic slowdown contrasts with a weak but steady recovery in developed markets.

And now we must ask ourselves whether this is a temporary problem, or rather we are on the threshold of a new stage of slowing global growth.

final answer, of course, is now can not be, but many economists, ask yourself this question already has the distinct feeling of unease about the fact that it's probably the latter less attractive of the two probabilities.

Some of the factors slowing down is likely to be permanent.Many markets are affected by prices slip on commodities such as metals and oil.The same fate awaits the export markets, the economy which operates mainly through the sale of goods and services abroad.

Consequently, international trade remains weak.Large investments in the production of goods in recent years, is likely to provoke a strong and confident delivery with weak demand, which, among other things, will have a downward pressure on prices.

And everybody knows that many emerging economies have been affected by the oil price decline.In underdeveloped countries, foreign investment fell by about a quarter between 2010 and 2014.In the first part of 2015 a marked increase in investment potential was observed except in the US and the UK.

next step - an increase in borrowing costs, as the US Federal Reserve is expected to raise interest rates next week.All this is likely to lead to the strengthening of the dollar, which would make the money borrowed in dollars more expensive, including for repayment.Depreciation of currencies of developing countries will lead to inflationary problems, and imports will be more expensive.