August
12
23:20
Forex Analysis

The technical picture currency pairs in the Forex market on 10/15/2015

Hello.Below is some advice on forex trading on 15.10.2015

Calendar anticipated events

15:30 US.The base consumer price index (CPI) for September

17:00 US.The index of manufacturing activity from the Federal Reserve Bank of Philadelphia

AUDUSD

AUDOSDaili 15102015

On AUDUSD pair price adjust to 0.72000 and bounced resumed growth pattern forming inner bar.The correction ended a little earlier than expected, and the input pattern is obtained by a direct resistance level 0.7400.This is bad.Therefore, signals for transactions of purchase should look, or within the day or go to the breakdown of 0.74000.Sales for this pair do not see.

EURAUD

EURAUDDaili 15102015

On EURAUD pattern Pin Bar.at the level of 1.57302.I think this is a good signal for the end of correction, and it is worth trying to sell the immediate goal of 1.52500.

NZDUSD

NZDOSDaili 15102015

On NZDUSD all deceived and adjusted below and did not resume growth formed absorption.Candle is quite large, and I think you can try to enter into the purchase of a limit order to roll b

ack half a candle near 0,67500-0,6700.This will put a smaller stop loss.Sales on this pair do not see.

GBPJPY

GBPZhPIDaili 15102015

on GBPJPY formed the inner bar.Explanatory support at the bottom of the pattern is not present, the top level of 184.500.Transactions on the pattern if one considers only the direction of the main trend down.Shopping at the moment at great risk.

Fundamental Analysis US

Hardening dollar slowed growth in production, according to the Federal Reserve.

Economic overview of the economic sector of the US Federal Reserve, suggests moderate growth in the economy over the past three months.

The Fed also noted that wage growth across the country was a little "muted".This is one of the key readings that will guide the Federal Reserve decision on interest rates in October.The central bank is expected to raise its key rate for the first time since the financial crisis before the end of this year, with most economists predict a rise in December.

manufacturers continue to lament on weak oil prices and a strong dollar as the key reasons for sluggish activity.Wages in this case, remained at the same level across the country, responding to problems that have plagued the US labor market in the last few years.However, according to the report, the company "generally optimistic about the prospects for an opening."

Retail sales thus grew by only 0.1%, according to the US Department of Commerce.Economists had forecast an increase of 0.2%.Housing prices were mainly related to the reduction in fuel prices and the slow pace of labor market growth.

Car sales saw the rise, but the main target of sale, in addition to building materials and energy decreased by 0.1%.

The disappointing data reduced the likelihood of key rate hikes in October.The economic data for the third quarter redefines the expansion of the US market to fall to 1.7%.Fed, while looking for a 2% growth in order to justify the increase in interest rates.

UK

unemployment rate in the UK fell to a seven-year low of 5.4% during the three months to August, according to the ONS.

According to the Office in 2008 with the second quarter, national statistics UK is the lowest unemployment rate of the year.The number of unemployed fell by 79 thousand. To 1.77 mln. For the three summer months.The employment rate is 73.6% now, demonstrating the highest rate since 1971.

Approximately 22.7 million. People worked full-time from May to August, approximately 291 thousand. More than in the same period of last year.Number of part-time workers increased by 68 thousand. Up to 8.35 million.

From May to August, the total income of workers, including premium, expanded by 3% compared to last year, which, however, slightly less than expected.Excluding bonuses increase in average weekly earnings slowed slightly to 2.8%.

Wage growth is one of the markers for which the Bank of England is guided in its decisions on interest rates.The growth of wages is weaker than before the financial crisis, but it is gaining more rapid pace than was predicted by the Bank at the beginning of the year.

China

Consumer price inflation in China has declined by more than expected in September, according to official data.

Consumer Price Index (CPI) in China in September rose by 1.6% compared with a year earlier, according to the National Bureau of Statistics of China.

This is far below analysts' forecasts of 1.8% and below the 2% recorded in August.Producer prices fell 43rd consecutive month, as manufacturers cut prices for competitive reasons.

Recent inflation data added to concerns of slowing down the rapid growth of the second largest economy in the world.

producer price index (PPI) fell by 5.9% in September compared with the previous year, consistent with the pace of August, which marked the biggest drop since the financial crisis.