Forex Analytics

On Thursday, the Japanese currency has grown in tandem with the US dollar as market players turned to safe-haven in connection with the development of the bearish sentiment on the equity markets. It should be noted that the majors trading remained stable in the run-up to the US and Japanese central banks meetings.

Quotes of gold remain under Dr. ION, the metal traded at around a minimum of 2 weeks. On Thursday, traders sent a note to the American statistics, whichshows a mixed trend, in an attempt to assess the chances of increasing US control rates next week.

Canada's currency continues to yield position of the US dollar, which was triggered by declining oil prices, while investors prefer not to risk it.

In connection with the sale of the dollar after the release of a weak report on retail sales in the United States, the European currency has gained new positions. Nevertheless, the growth of the EU currency is limited by weak performance of the euro area, as well as positive reports on applications for benefits in the US unemployment.

The British currency weakened against the US dollar after the BoE decided not to make any changes in monetary policy, keeping the rate at the same minimum level of 0.25%. Note that the Bank of England pointed to possible rate changes in the negative direction if the pace of economic development will remain weak. 

Forex. Weather forecast on September 16, 2016

Events to which you should pay attention today:

15.30 MSK. US: Consumer Price Index for August (the previous value of 0.0% m / m forecast 0.1% m / m).

Forex forecast pair EUR USD EUR / USD today 16/09/2016

At present, formed a mixed background. On the one hand, it is possible to open Buy position on the background of negative macroeconomic statistics from the US.

EURUSD: Euro is in a phase of moderate trading and gradually decreases. Supporters bearish scenario has become more and at the moment they account for 64.41%. the trend rate of average, according to the indicator Momentum. Ichimoku also gives signals. The lines extend parallel to each other, while in partially senkoku-span. Since LEDs do not give clear signals should not be guided only by technical data on Friday.

EUR / USD Wave analysis and forecast for 19.09 - 23.09 :. The probability of the euro decline against the dollar persists turning point is at 1.1286.Opinion : Sell the pair from correction below 1.1286 with the aim of 1.1120 - 1.0930. Alternative : Breakdown and fixing prices above the level of 1.1286 will allow the pair to continue to grow to the level of 1.1427.

 Forex. Weather does not divide 19 -23 September

Rate of gold the XA the U / USD forecast for the week 19-23.09.2016

Investors in gold on the new trading week, is to sell the metal as formed negative news background.

Forex. Weather forecast on September 19, 2016

The main events for today:

An important macroeconomic statistics is expected.

Currency pair EUR USD EUR / USD forecast for today 19/09/2016

Two reasons for investors to sell the euro / dollar:

Trading opportunities for the currency pair : an attempt to escape up the bull takeover failed. The week before last week formed pinbar and last activated. This is not a 100% guarantee that the rate will go up, but the cycles came the growth phase. To date, the relevant long positions on the euro with the objectives of 1.5833, 1.6321 and 1.7095. Stop, it is desirable to put on pinbar - 1.5027. Closing candles below 1.50 will cancel the scenario for growth.

Trading opportunities for the currency pair : the technical picture and cycles show a decline in the currency pair AUD / USD. Large speculators out of long positions. According to the forecast on a weekly TF forward the formation of M - shaped pattern with the targets 0.7415 and 0.7058. On the depreciation scenario will be canceled after the breakdown level of 0.7760.

Results of the last trading day:

On Friday, the euro closed lowered tion. After the publication of the consumer inflation data in the US evromedvedi struck the lower boundary of the channel week.

 US stocks at the opening demonstrated positive dynamics, because the rise in oil prices has given confidence to investors. It should be noted that the market's focus is on meeting the Central Banks of America and Japan this week.

European stock markets opened positive on Monday, showing growth after continuous negative dynamics for the past 2 weeks. European stocks were supported by growth in shares of banks and energy sector companies.