Hello.Below is some advice on forex trading on 7.09.2015
on EURUSD pair formed a price pattern inner bar area 1.11576 level.Probably try to continue to fall to the support level 1.08595.The transaction is recommended to go by the rules of the pattern.
on a pair USDCAD formed a price pattern rails.I think we can expect further growth to the resistance level 1.33969.The deal on the pattern recommended go carefully, becauseResistance level is pretty close.
On NZDUSD pair formed a price pattern absorption.On the way from the pattern support level 0.62473, it is not recommended to enter into transactions on the pattern.
the price of gold formed a Doji pattern, with reliance on a small level of 1122.42.Likely revise up slightly, and then try to continue to fall.The deal on the pattern recommended go gently.
Eurozone Inflation in the euro area may enter into negative territory in the coming months, however, the European Central B
«It is very likely that inflation in the euro zone will be within the next few months to show negative value once or twice," Nowotny told reporters at an economic conference, pointing out that the reason for that will serve as the low price of oil and energy.
«The Central Bank has a medium-term orientation, which means that we will not respond to every little change.»
ECB revised the forecasts of inflation on Thursday, warning the likelihood of further trouble for China, paving the way for the expansion of a massive €1 trillion.program of asset purchases.
US Department of Labor data released Thursday show more serious than expected unemployment figures.
number of claims for benefits rose by 12,000 to 282,000 in the last week of August, reaching its highest level in two months.The preliminary forecasts of analysts, on average, had predicted an increase to 275,000.
unemployment rate fell to 5.1% compared with the July figure at 5.3%.
Labor Department also said that in August added 173,000 jobs, contrary to the average forecast of 217,000, although the Department stated that the figures for August will still need to be reviewed in the future.
According to data released by the Ministry of Commerce, the trade deficit decreased by 7.4% in July to a seasonally adjusted.
Meanwhile, the index of business activity in the non-manufacturing sector fell from 60.3% to 59% in August, contrary to forecasts of 58%.
regular salary increased almost ten-July peak, accompanying the efforts of Prime Minister Shinzo Abe to restore the economy of the third world.
average cost of living rose by 0.6% compared with a year earlier, showing the biggest increase since November 2005, the Labor Department said on Friday.The average wage grew with inflation, at 0.3%, showing the first rise for more than two years, after a sharp decline last month.
economy shrank at an annualized pace of 1.6% in April-June in the first quarter of this year, as consumers and businesses have reduced spending, and exports fell.Unsure foreign supplies and industrial production triggered a rebound in the quarter.