Forex Analysis

What to expect on Monday, September 21, 2015 ?


Hello friends!Monday is getting closer, so we need to uncover Stochastics and be ready to fight with the sharks of world capitalism!

some significant events on the economic calendar on Monday is not expected, therefore, rely on technical analysis.And that tells us equipment?Let's see.



As I said, the growth of the border designated EURUSD 1.1450 level.At the moment, we see a pattern of rails, but it is against the trend.Plus trend line stands in the way bears.Personally, I'll be waiting for signals to buy.



Following the doji, the AUDUSD has drawn us to pin-bar.From the market growth kicked supporters who were trying to troll here in the comments ... and I continue to adhere to the sales.




triangle at USDJPY was knocked down.However, the price returned to the boundary of the triangle.At the same time we EURJPY transparent hints that it is worth to wait for the downward movement.You can try to enter the sales otlozhkoy USDJPY just below 119.



continues to rebound from the trend line, the economy of the country is not observed positive changes, so you can continue shopping.



Another part of the screamers-bears of the comments received their deserved stopiki, and I will reveal on Monday the purchase.The tremendous pin bar as it hints 😉

Fundamental analysis


decision of the US Federal Reserve to delay raising interest rates, mainly due to the uncertainty of the Chinese economy, worries some economists and investors.

As a rule, the US central bank is primarily focused on the domestic economy, but foreign economic shocks, this time played a key role in the framework of the monetary policy of the United States.

In a statement about the events of Thursday, the Federal Open Market Committee said that "the recent global economic and financial developments have contributed to limiting the economic activity of the USA»

However, in a statement the Fed Chairman Janet Yellen is not problematizes China directly, but mentioned it topress conference.

As she dryly pointed out that the Fed "should not react to the ups and downs" of international markets, and that "it is a question of the United States national policy"

Yellen also said that another, and the real causes of such a policy "weaknessin the labor market ", noting that on the way to the goal in the unemployment rate falling to 5.1%, labor force participation and wages shows stagnation.

Meanwhile, the International Monetary Fund called on Beijing to publish a detailed economic data for China.

So, it may be another reason why the Fed rate hike postponed.Perhaps a clearer macroeconomic data and positive dynamics of the labor market will allow the United States to raise the rate in October and December of this year.


annual inflation rate in Canada has remained at 1.3% in August as lower energy prices continue to put pressure on the overall quality of life, said Statistics Canada on Friday.

However, the speed corresponds to forecasts of most economists.

Consumers paid more in seven of the eight key sectors of consumption, shows Canadian statistics.The head of the list of food prices leap by which reached 3.6% in the current year.The meat increased in price by 6.3% compared to the previous year.

price index for transport is the only sector, demonstrating the drop in prices, in particular due to the low cost of gasoline.Gasoline prices fell by 12.6% compared to last year's price at the same time.

nine Canadian provinces observed rise in consumer prices on an annualized basis.The highest inflation rate in Saskatchewan, at 1.9%, exactly the same as a month earlier.

economists estimate that the last inflation report will probably not inspire prospects for reducing interest rates in Canada, at least in the short term.At the moment, the rate is still 0.50%.

In addition, from the positive news, it should be noted increase in exports in July, according to a recent report, in particular the increase in car sales is consistent with the general plan of the placement, as well as the second consecutive increase in real gross domestic product in the monthly rate, due in June 0.5% surge.

UK the Bank of England may be forced to cut interest rates to combat low inflation, said the bank's chief economist Andy Haldane.

inflation did not come out to the desired level in the second half of the year, at the same time, the global sense, there is a risk of negative fallout from the emerging economies, he said in his speech.If these risks materialize, the reduction of interest rates will be a viable option.

Interest rates in the UK still hold at a record low of 0.5% for more than six years.

weakening of employment, production, and construction may weaken as the UK and growth in the second half of the year.In addition, this will also contribute to the headwinds from emerging markets.

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