Forex Analysis

Forex Analysis for September 18, 2015

Forex analyst at September 18, 2015

Well, fellow traders, the Fed left interest rates unchanged at 0.25%, as expected.

Dollar depreciates, the migrants erupt further and further into Europe, and Central Bank predicts slowdown in ruble jumps.However, hello.


ёrosd - d1 - par - 4 Limited

Eurodollar wins back the Fed's decision.Dollar depreciates almost all pairs.Specifically eurusd at 1.1450 on the way.After his breakdown can expect continued growth.Who sits in the purchases - get out of them is not worth it, in the next few days expect growth.Nevertheless, the pull of foot to forget I do not advise.



continues to work yesterday absorption, increased rate decision.Until 1.5700 to grow a pair does not interfere.



But the AUDUSD, following their long-term downward trend, demonstrates failure to follow the trend of other major pairs.0.7200 level has become an obstacle and it seems the trend will continue downward.Consider selling short stop just above 0.7200.



On New Zealander situation is similar to the AUDUSD, but n

ot so clear.Entrance to the sale is activated early.Nevertheless, at present Dodges.



Frank follows the euro and the pound, but note that the closing of the day boils down to 0.9600.Will Frank stay below this level?Question.Out of the early sales, open new positions too.Expect.



Yen continues to remain in the triangle.Candles last six candles suggest to us that is likely to be a break-down.But so far it is too early to enter.



USDRUB not really listening to the technical analysis, but our last candle hints that began rebound from the trend line.If you trade this pair, consider buying.



Canadian we drew Pin bar on the level of 1.3100.By itself, this level is weak, but if the price manages to hold above 1.32, we can expect continued growth.The most daring traders can set otlozhku somewhere at 1.3215 with a stop in the area of ​​1.3190.

Fundamental analysis

US Federal Reserve continues to wait for the right moment to raise

rates The US Federal Reserve decided not to raise its key interest rate in September.America's central bank did not raise interest rates for nearly a decade, and they are stuck near zero.

Concerns about a slowing global economy, the low level of inflation in the US, and the instability of the stock markets has reduced the chances of a rate hike in September.

«The situation abroad requires close monitoring," said the chairman of the Fed Yellen Jeanette at a press conference on Thursday."The increased tension in the Chinese market and other emerging market economies have led to a significant volatility in the financial markets»

However, most members of the Fed committee believe that the rise is still happen in the framework of 2015, according to their economic forecasts.The Committee will hold two more meetings - in October and December.

«Each of these meetings can be decisive," Yellen stressed.It is possible to increase "in October."

And in general, the Fed says quite optimistic about the US economy.This greatly increased the expectations for economic growth this year to 2.1% from 1.9%.and lowered the forecast for the unemployment rate in the annual rate of 5%.Now the unemployment rate is 5.1%.

Yellen stressed that although the Committee observes the consternation abroad and in the US markets, the situation is "not fundamentally changed our world."

However, this was not enough to raise rates in September.

UK retail sales in the UK rose 0.2% in August, helped by sales of clothing, in particular, school uniforms, according to the Office for National Statistics.

distinguished Two months later, a relatively weak growth, the data show sales growth of 3.7% compared to last year.

The ONS reported that the school uniform stimulated sales of small shops in this time, while large stores grew from online sales.

Increasing wages coupled with low inflation, helped to raise consumer spending.

Management also reported that the sale of textiles, clothing and footwear jumped 2.3% in August, showing the biggest increase since April.The same sector shows an increase of 1.9% compared to last year's data.

Sales in the food sector demonstrate the fall of 0.9% last month, 0.8% less than a year ago.


Government reports that August was the fifth month testifying to long-term trade deficit, partly due to the fall in exports to China, against the backdrop of a slowdown in the second largest economy in the world.

deficit in value terms decreased by 40.2% compared with a year earlier, to ¥ 569 mldr., As imports were driven back down by lower oil prices, the finance ministry reported in a preliminary report.

Exports rose by 3.1% to ¥ 5.88 trillion.demonstrating the twelfth consecutive monthly increase, largely due to the export of vehicles in the United States.

export Japanese products to China fell by 4.6% to ¥ 1.55 billion. Indicating the first decline in six months, weighed down by lower demand for auto parts and components for smartphones.

and be with you for strength!