August
12
23:20
Forex Analysis

The technical picture of the currency pairs on 09/28/2015

Hello.Begins a new trading week, and let's see which pair can trade in the Forex market tomorrow 28.09.2015

EURUSD

ERUSDaili 28092015

Judging by the comments to the reviews, many see on EURUSD trend is down and the open sale.But let us go against the crowd.Especially on Friday formed a pin-bar, and I think to continue to buy, hoping for a continuation of up trend.

EURAUD

EURAUDDaili 28092015

On EURAUD continue to expect out of the triangle.And after another Doji continue to wait for the fall to 1.57302, and the further development of the situation.From transactions should be abandoned.Sales against the trend, but there is no buy signals.

EURJPY

ERZhPIDaili 28092015

As expected on the EURJPY resumed growth towards the upper boundary outset.On Friday, formed a Doji pattern.You can try to get on it in the purchase or wait for breaking 135.00 and then buy.Objectives for purchases 137,000.

XAUUSD

HAUUSDaili 28092015

Gold now have a strong level of 1149.93 and formed a pattern of inner bar.The situation is ambiguous.Purchases will be considered after securing h

igher levels of education, and a new high.Until then, I consider only sales in anticipation of the continuation of a large downward trend that can be seen in W1.

Fundamental Analysis US

US economy grew faster than previously estimated in the second quarter of this year, according to revised official figures.

The US Commerce Department said the economy expanded at an annualized rate of 3.9%, not 3.7% as stated earlier.

Economic growth is due, in general, the growth of consumer spending, as well as investments in business and housing.

expected that the US economy will slow in the current quarter, but on Thursday the head of the Federal Reserve Janet Yellen said that economic growth remains "solid" and the United States remains on track to raise interest rates this year.

head of the central bank stressed that inflation was stable and the US economy as strong enough to increase the number of jobs.

Overall, US economic outlook for the remainder of the year remains relatively optimistic, the trend in the creation of new jobs, increased consumer spending, improvements in housing and achieve solid performance.

Japan

In Friday's report, the Government of Japan has lowered its basic assessment of the Japanese economy amid sluggish private consumption, however, evaded detection of a slowdown in the recovery.

Cabinet said that the economy "is to moderate the pace of recovery" in the latest monthly economic report, but said that "there is only slow in some areas, such as private consumption and exports."

Minister of Economy and Finance Akira Amari said that the government is of the opinion that the economy continues to recover moderately, and that the aggravation of the negative ratings may prevent the recovery.

Just Amari said that the increase in corporate investment spending has been slow, despite the recovery in employment and income.The government revised up its views on corporate profits.

Thus, assessment of private consumption remained unchanged, as exports posed a weak tone recently.Restore personal spending remained sluggish due to rising prices for items of essential and exports significantly affected by decelerating Chinese economy.