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%
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.
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.
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 .