Hello.As expected for all couples started correcting and let's look at the major currency pairs.
On USDCHF formed the inner bar rollback to the level of 1.0000.Probably go down a little lower, then expect continued growth.pair Sales do not consider.
GBPUSD On the same inner bar.I think not more 1.52000 revise.I consider selling the pair only and expect to continue fall.
You will not believe, but also on the AUDUSD formed inner bar.Trendline broke through and it seems worth the wait trend downwards and continue falling.Correction is possible to 0.7100 and consider selling the pair only.
I must repeat today, but NZDUSD price rebounded from the level 0.6500 and formed the inner bar.I look forward to the continuation of falling of the price on this pair and do not consider buying.
again Pin Bar on EURJPY.It looks like the price above 133,000 still will not be allowed to continue and not wait for the fall.I consider selling the pair on.
On USDJPY formed a Doji at level 123.00 area.Perhaps the beginning of the downward correction, but consider this pair just buy and wait for a price in the region of 125,000.
And back again to the inner bar pattern.Educated in the golden area of the support level of 1084.70.The level is quite strong and will probably be a long correction.From transactions will not comment and watch the price.Sales will be considered after the breakdown level.
Consumer prices in China fell to a five-month low in October, the government said on Tuesday, suggesting weak demand in the second largest economy in the world.
China is a key factor in global growth, but slowing down the expansion of the Chinese economy to the lowest rates of almost a quarter of a century than in 2014, and continues in it.
authorities promised to speed up reforms earlier this month, but analysts warn that more needs to be done to avoid a hard landing for the economy.
producer price index (PPI) fell by 5.9% year on year in October, indicating that reaching six-year low.
Consumer inflation has remained at or below 2.0% during the current 2015, while the drop in PPI is a leading indicator for CPI, showing the 44th consecutive monthly fall.
growth of the Chinese economy has updated a 24-year low of 7.3% in 2014 and continued to slow down in this.GDP showed growth of 7.0% in each of the first two quarters.
Regular wages in Japan increases the seventh consecutive month, as the government of Prime Minister Shinzo Abe is putting pressure on the business, are forced to raise wages.
Base salary rose by 0.4% in September compared with a year earlier, the Ministry of Labor reported Monday.Wages including overtime pay and special payments rose by 0.6%.
central bank should see higher incomes, and Japanese consumers can buy more goods to help support the growth of prices in the country, weakened by two decades of stagnation.
Chief Cabinet Secretary Yoshihide Suga said last week that reducing the tax burden on high-income companies contributes to greater investment and wages.Some members of the financial and credit and economic policy of the Council offered to reward companies that raise wages and capital costs by providing tax incentives.
Member of the Board of the Bank of Japan Yutaka Harada stressed that wage growth of 3% is necessary for the Bank to achieve its goal of 2% inflation.