Forex Analysis

The mid-term analysis of currency pairs on 21.10.2015

Good evening.Let's assess the situation on the Forex market and see what can be traded tomorrow 21.10.2015

Calendar anticipated events

17:00 Canada.Report on the Bank of Canada's monetary policy
17:00 Canada.Interest Rate Decision
18:15 Canada.Speech of the Bank of Canada's runners
20:00 UK.Speech by the head of the Bank of England Carney


YuSDHFDaili 21102015

On USDCHF attempted pass below 0.9500, but failed and formed a Pin Bar.I think raising up a little, but I refuse from purchases, asabove 0.9600 we can not escape.I'll wait for the signal to sell in the region of 0.9600.


USDSADDaili 21102015

Price USDCAD still continued to rise by 1.28500.Today, we formed inner bar near 1.3000.We can continue to grow in the area 1,31500-1,3200, and already from there we will look at the situation of sale.


HAUUSDaili 21102015

on gold formed on a small level of absorption of the last local maximum.I think it is worth trying to enter the buy with the expectation of continued upward trend.A good goal for shopping 1212,800

Fundamental analysis

UK Confederation of British Industry is of the opinion that the gap with the EU will have serious consequences for the UK.

leaving the European Union, Britain risk facing serious difficulties in the medium term, according to the chairman of the business lobby group CBI.

In his last report on the subject CBI reported that understand the difficulties that exist in the UK membership of the EU, however, of the opinion that such a situation is still a higher priority than the planned break.

This suggests that membership in the European Union gives the British companies access to more than 500 mln. Customers within the Single Market, and EU size allows its members to keep up with global giants such as the US or China, opening itsmarkets.


Fall of Japanese exports to China in September fanned expectations that Tokyo will introduce fresh stimulus, putting pressure on the yen and stabilizing the economy.

Recent weak trade figures increased the pressure on the Bank of Japan, which did not manage to achieve the plan on inflation.

It also underscores the continued weakness in China, the world's second economy, where growth is reduced from month to month updating a minimum of 25 years.

Analysts said the Bank of Japan is going to ramp up its bond-buying program aimed at fanning the Japanese economy.