Forex Analysis

Technical Forex Analysis for 09/16/2015

Hello.Below is some advice on forex trading on 6.09.2015

Calendar anticipated events

11:30 UK.The average wage, taking into account premiums (in July).Forecast: 2.5% \\ Prev .: 2.4%
11:30 UK.Changing the number of applications for unemployment benefits in August.Forecast: \\ -5.0K Prev .: 4.9K
12:00 Eurozone.The Consumer Price Index (August \\ r \ r).Forecast: 0.2% \\ Prev .: 0.2%
15:30 US.The base consumer price index (m \ m \\ August).Forecast: 0.1% \\ Prev .: 0.1%


AUDOSDaili 16092015

On AUDUSD pair price formed a Doji pattern approaching the resistance level of 0.71666.Perhaps this is a signal for the end of the correction and try to resume the fall of the trend continuing.The transaction is recommended to go by the rules of the pattern.


USDZhPIDaili 16092015

on a pair USDJPY formed a price pattern Pin Bar.What support or have no pattern, so I think wait for the growth of prices is not worth it.The transaction is not recommended to go on the pattern.

Fundamental analysis


rate of inflation in the UK fell to 0% in August compared with the July rate of 0.1%, according to the Office for National Statistics.

Inflation measured by the consumer price index decreased due to a lower increase in clothing prices than a year ago, and cheaper fuel, said the ONS.

Consumer price inflation was close to zero within the last seven months.Oil prices reached a six-and-a-half-year low of $ 42.5 per barrel in late August.

Department figures also showed that the retail price index rose to 1.1% from 1.0% in July.

rate of core inflation fell to 1.0% in August, regarding the 1.2% fall in July.

key interest rate in England is still at a record low of 0.5% since March 2009, and despite a lot of discussion about when inflation and rates start to rise, inflation remains well below the Bank's 2% target level.

Many analysts expect the Bank of England will raise interest rates in the first quarter of 2016.


German Index ZEW demonstrates reduction in this month , decreased on 12 . 9 points relatively August .

Index Now is on level 12 . 1 points ( term average indicator : 25 points )

« slowdown economy on developing markets extinguishes positive economic prospects for German export economy.Then how significant economic rise in the second quarter was , on large account . caused commercial success in sector external demand , seems unlikely , that is welfare will stimulated and in further » said President ZEW Clemens Fёst .

Forecasts market experts « relatively speed economic growth in zone euro weakened «.There indicator ZEW shows of reducing on 14 . 3 points to 33 . 3 in within last read .