Forex Analysis

Forecast the movement of currency pairs on 09/17/2015

Important !!! The next review will be 09/23/2015.Analytics goes a little vacation.

following look at a couple of interesting points to trade the Forex market on 17.09.2015

Calendar anticipated events

11:30 UK.The volume of retail sales for August.Forecast: 0.2% \\ Prev .: 0.1%
15:30 US.The number of building permits issued in August.Forecast: \\ 1.160M 1.130M Prev .:
17:00 US.The index of manufacturing activity from the Federal Reserve Bank of Philadelphia in September.Forecast: 6.0 \\ Prev .: 8.3
21:00 US.The decision on the interest rate the US Fed.Forecast: 0.25% \\ Prev .: 0.25%


GVPUSDaili 17092015

on GBPUSD pair as expected after a small correction continued to rise and form a pattern of absorption.Probably worth the wait continued growth to the next resistance level of 1.57761.The transaction is recommended to go by the rules of the pattern.


GBPZhPIDaili 17092015

on a pair GBPJPY pattern is formed in the same absorption.The pattern is between the two levels, so it is recommended to refrain

from transactions.But I should not expect further upward price movement.

Fundamental analysis

United Kingdom In the UK, average earnings rising at the fastest rate since 2008, the data show the ONS.

In the period from May to July, the average salary, excluding bonuses, rose by 2.9% compared to the same period last year, according to Office for National Statistics.

Unemployment rose by about 10,000 compared to the previous quarter, up to 1.82 million.

unemployment rate was 5.5%, unchanged with respect to the quarter, but compared to 6.2% last year.

Including bonuses, average weekly wages rose by 2.9%, which, however, lower than the growth rate of 3.3% within the first three months to May.

US poverty rate in the US remained unchanged at 14.8% in 2014, according to the release by the Census Bureau.This is the fourth year in a row, when the poverty rate was not statistically different from the previous year.

No change shows that progress in the US market in 2014, in which it was added to 2.6 mln. Jobs, more than in any year in the past ten years is not enough to provide nearly 47 million. People living in poverty.

official definition of poverty varies depending on the size, age and family composition.For a couple with no children under the age of 65 income threshold below which they are considered to be poor is $ 15853.For a couple with two children $ 24,008 threshold.

These thresholds are still relatively low, and therefore some researchers prefer alternative measures calculus.For example, the Census Bureau also takes into account an additional indicator of poverty, which accounts for a number of new variables (such as the regional cost of living) and, as a rule, here the poverty threshold should be slightly higher.According to this index, 15.3% of families live in poverty.This is, compared with 15.8% in the previous year, shows some positive changes.

The report notes that 6.6% or nearly 20.8 million. People, earn less than half the official poverty threshold.

And most of the population is sitting just above the official poverty line, according to the census report.If the official poverty rate would be raised by 50% to 24.1% of people, or 76 million. Would be under that threshold.