Forex Analysis

Daily Forex Analysis for 08/28/2015

Hello.Below is some advice on forex trading on 27.08.2015

Calendar anticipated events

11:30 UK GDP (r \ r 2 sq. Km.) Forecast: 2.6% Previous .: 2.6%
11:30 UK GDP (q \ q 2 sq. km.) forecast: 0.7% Previous .: 0.7%


NZDOSDaili 27082015

on a pair NZDUSD price pattern formed in the inner level of 0.64970 bar area.Perhaps follow the trend and continued falling down.The transaction is recommended to go by the rules of the pattern.


SAGUSDaili 27082015

on silver price fell back to the level of 14.401 earlier punched and formed a pattern of inner bar.Probably worth waiting for the continuation of falling of the price trend.The transaction is recommended to go by the rules of the pattern.

Fundamental analysis


US economy is growing at a much faster pace than initially estimated in the second quarter, according to the report on GDP by the Ministry of Commerce released Thursday.Recent data have shown a positive review of indicators of business investment, inventory building and government spending.Corporate pr

ofits have expanded faster pace.


US economy expanded by 3.7% to a seasonally adjusted annual rate in the second quarter.This is much faster than the rate specified in the first estimate (2.3%) previously.Growth in the last quarter also shows a light splash of expansion of 0.6%.


Corporate profits show strong quarterly growth this spring.Profit after tax and excluding inventory and capital consumption adjustments increased by 5.1% in the second quarter after an increase of 2% in the first.It was the best quarterly gain since the second quarter of 2014, which extended corporate profits by 7.3%.


Company strengthened the investment potential in the second quarter.Non-residential fixed investment in the costs of construction, equipment and software, show an increase of 3.2% on an annual pace in the second quarter.This is an upward revision of the initial assessment to decline 0.6%.


Consumer prices in Japan were unchanged from a year earlier in July, underscoring Japan's struggle for dositizhenie its goal of 2% inflation.

core Consumer Price Index, which isklyuaet volatile fresh food prices but includes the prices of petroleum products remained unchanged in July compared to the previous year, according to government data.

Household spending fell by 0.2% compared with a year earlier, contrary to forecasts by 1.3% -s' rise and, after falling 2.0% last month.

But retail sales rose by 1.6% a year, beating forecasts for a rise in 1.1% after a 0.9% gain in the previous month.