Forex Analysis

Candlestick analysis of the Forex currency market on 09/29/2015

Hello.The overall picture on the daily charts does not change so quickly as we would like, but a couple of situations can be considered for tomorrow.

Calendar anticipated events

17:00 US.The consumer confidence index for September.Forecast: 96.1 \\ Prev .: 101.5
22:40 UK.Speech by the head of the Bank of England


USDSADDaili 29092015

On USDCAD price seems out of the lateral movement, and even closed above the border.I think you need to wait for the breakdown 1.34000 and you can look for signals to buy.


ERZhPIDaili 29092015

On EURJPY bears tried to take over and resume the fall.But it seems that not enough forces, and after yesterday's doji formed yet and Ping bar.Above it a small level, so go to buy better after the breakdown of the level of 135.00.

Fundamental analysis

UK Land Registry of England: the updated certificate of rates on housing price movements in England and Wales.

in three areas - the north-east of England, North Wales and West housing prices grow slightly less than 1% on an annual pace

of August.In contrast, property prices rose by 8.4% in the East of England and 7.6% in the southeast.

At the regional level, the average prices range between £ 100 thousand. And £ 500 thousand. In the period from July to August, prices fell in the North West, Yorkshire and the Humber.England real estate market in the south-east is still growing, while in the northwest there is a sharp drop from month to month.As for Scotland, house prices in July were 3.5% higher than in the same month a year earlier.

In general, prices in England and Wales in August rose by 0.5% compared with July.In annual pace, prices rose by 4.2% According to the land registry.The cost of the average home was £ 184 thousand. The largest price increase in August compared to July is observed in London, by 1.7%.

Among other things, the Committee on the Bank of England financial stability said that in the mortgage lending sector has grown by 40% since 2008.


Japanese exports has not increased, despite the weak yen, which usually has a positive effect on the country's exports, partly due to the reorientation of the production abroad, the International Monetary Fund said on Monday.

Real exports from Japan remained broadly unchanged over the past few years, despite the sharp depreciation of the yen since the end of 2012.

The yen fell about 35% in real terms since the end of 2012, said the IMF.In late 2012, Prime Minister Shinzo Abe, having come to power began to aggressively ease monetary policy the Bank of Japan.

Export Japan, however, "is now almost 20% below the level predicted by the standard equation of export demand is estimated for the period abenomics", in particular because of Abe's policy aimed at strengthening the country's economic growth.

On average, 10% real effective depreciation in the currency, due to an increase in real net exports amounting to 1.5% of gross domestic product, according to the IMF.

the International Monetary Fund said that exports answer to the depreciation of the yen was much weaker than in normal cases as a result of a number of "specific to Japan factors»

IMF correlated with sluggish export of accelerating production off-shoring and the global financial crisis of 2008, as well asuncertainty in the internal power supply after a massive earthquake in 2011 and the subsequent tsunami that struck Japan's northeast