Forex Analysis

Forex Market Analysis on 05/11/2015

Hello.Today, new signals in the transaction at no pairs.Let's look at what it is.

Calendar anticipated events

14:45 Eurozone.ECB President Draghi
15:00 UK.Report of the Bank of England inflation
15:00 UK.Interest Rate Decision
15:00 UK.Minutes of the meeting of the Committee on monetary policy
15:45 UK.Speech of the Bank of England Carney
18:00 Canada.Business Activity Index in October
23:15 UK.Speech by the head of the Bank of England Carney


AUDOSDaili 5112015

On AUDUSD pair formed the inner bar bounced off the 0.7200 level.Opportunity to continue falling, but I sell on this pair do not see.Not be considered asbelow the trend line, and may not have the strength drops below 0.71000.


NZDOSDaili 5112015

On NZDUSD last updated lows and closed the day in the area of ​​0.66000.If there is a pullback back to 0.67000, then try to look for sales in order to 0.65000.


GBPZhPIDaili 5112015

climbed closer to the level of 187.00, but the above have not been able to pass on GBPJPY.I also sell on the rebound fr

om the level is not considered.Below we formed something similar to the double bottom and may continue to rise after a small correction.Buy will be after the break 187,000 on a pullback to the level.

Fundamental analysis


growth in the UK service sector accelerated last month

last reading of the index of purchasing managers in the services sector showed a growth of up to 54.9 from 53.3 last month.Remind yourself every figure above 50 indicates growth.

the first time in four months, growth rates have improved, but Markit already pointed to the prospect of a similar acceleration in the previous reading.

Sterling rose to its highest point against the euro since mid-August, to 70.78 pence and rose to $ 1.5446 against the US dollar.

The study also showed that job growth in the service sector, which accounts for almost three quarters of activity in the private sector of the UK hit five-month highs.

Many economists tend to believe that such improvements together with the positive trends in the labor market can signal the prospect of higher interest rates before the end of the year.


Export Services United States updated the records in August and September, indicating that the sector is burdened with so much stronger dollar and lower demand for US goods.

At the same time, the September data on exports of goods, showing a decrease of 8% from the peak in July 2014.

Recent data show that the services sector has remained resilient, echoing other data published on the non-manufacturing sector Purchasing Managers Index rose to 59.1 in October from 56.9 in September.

services sector is a key segment of the US economy.Consumer spending on housing services, health services, transport, leisure and entertainment twice the cost of goods.

At the same time, low commodity prices, a strong dollar and slower growth abroad continues to put pressure on the US economy.For the first nine months of 2015 exports of services grew by 1.8%, while exports slipped down by 6.2%.

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