Forex Analytics

The main event today:Forex. Weather forecast on October 14, 2016

15.30 MSK. United States: Producer price index for September (the previous value of 0.0% m / m forecast 0.2% m / m).

15.30 MSK. US: Retail Sales for September (the previous value of -0.3% m / m forecast 0.6% m / m).

17:00 MSK. US consumer sentiment index from the University of Michigan in October (the previous value of 91.2, forecast 92.1).

Forex. Currency pair EUR USD forecast for today EUR / USD 14.10.2016

On the eve of the dollar index USDX basket dipped by 0.4%, but the overall upward trend is still relevant, and I assume that this movement is a correction, not a reversal.

  Analysis for October 14th, 2016

EUR USD, “Euro vs US Dollar”

The EUR/USD pair is forming the third descending wave. The local target is at 1.0963. After that, the instrument may be corrected upwards to reach 1.1083 and then continue falling to reach the target of this wave at 1.0885.

Forecast for October 14th, 2016

EUR USD, “Euro vs US Dollar”

After finishing the triangle in the wave E of (B), the EUR/USD pair started forming the descending impulse in the wave [i]. After completing the local correction, the market is expected to resume falling in the wave (v) of [i].

EUR / USD Wave analysis and forecast of the euro dollar for the week 17.10 - 21.10: The downtrend in force. 

Estimated pivot point is at 1.1105. 

Our opinion: Sell the pair from correction below 1.1105 with the aim of 1.0914. 

Alternative scenario: A break and consolidation of the price above level of 1.1105 will allow the pair to continue to grow to around 1.1324 - 1.14.

 Forex. Weather forecast for the week 17-21 October 2016

Gold XAU / USD forecast for the week 17-21.10.2016

In the first half of the week the precious metal may show weakness against the strengthening of the American currency. On Tuesday, the release will be posted on inflation in the US in September, which may please investors strong data on the background of the increase in consumer spending, as well as the growth of the producer price index in September to its highest level in 20 months.

 Forex. Weather forecast on October 17, 2016

The main event today:

12.00 MSK. Eurozone: Consumer Price Index for September (the previous value of 0.4% y / y; the forecast of 0.4% y / y).

16.15 MSK. US: Industrial Production for September (the previous value of -0.4% m / m forecast 0.3% m / m).

 Technical forex forecast EUR / USD 18.10.2016

Trading in the forex Monday greenbacks spent seven months at the peaks against the euro. The US currency was beat out in leaders due to optimistic economic reports strengthened the expectations of monetary tightening this year.

 Forex Technical Forecast 19.10 .2016 EUR / USD

The US dollar took a pause after the growth and retreat from highs in relation to the counter currency. N Pressure and the US currency continues to provide weak performance, released earlier in the week.

Traders main events for today:Forex forecast on October 19, 2016, EUR / USD

11:30 MSK. United Kingdom: Unemployment rate in August (the previous value of 4.9%, forecast 4.9%). 
11.30 MSK. United Kingdom: Changes in the level of average earnings for August (the previous value of 2.3% 3m / y, forecast 2.3% 3m / y). 
17.30 MSK. US data on crude oil inventories from the Department of Energy in October (the previous value of 4,900M; 2,705M forecast).

Forex currency pair euro dollar forecast EUR / USD today 10/19/2016

Yesterday's trading forex pair euro exchange rate of the currency market the dollar declined after the release of the report on inflation for September in the United States.

 Forex Technical Analytics EUR / USD Forecast 10/20/2016

EU currency has strengthened against the dollar against the backdrop of pessimistic macroeconomic data from the United States. In addition, the strength of the US currency eroded mixed comments from the US Federal Reserve with respect to raising rates.

 The technical outlook for euro dollar (EUR / USD) 21.10.2016

The euro at auction on Thursday reacted to the increase in the application control policy Draghi leave not the same level, then the quotes returned to the same positions and started to decline, broke 1.0950 and continued to fall to 1.0900.

Forex. Weather forecast on October 21, 2016

Traders Highlights today:

11.00 MSK. Japan: The head of the Bank of Japan Haruhiko Kuroda will deliver a speech.

Forex. Currency pair EUR USD forecast EUR / USD today 21/10/2016

Euro knocked by the ECB - were filled yesterday informlenty such messages. Quotes currency of the European Union and indeed closed trades minus 0.4%, but is at fault in this European regulator?

GBPJPY - an interesting tool, it is quite volatile and technically beautiful "walks".If not for the recent events related to the British pound, which changed the picture on the chart of this pair - the schedule has shrunk. If the first drop is directly related to the referendum on withdrawal from the EU, the second is not because of some factors, and fear of EU output consequences, and this did not happen in the European session, in which a large proportion of the British pound trading, and Asian .

 Technical EUR / USD forecast for 25/10/2016

A temporary increase in the foreign exchange instrument EUR / USD on Monday was driven by strong data on PMI manufacturing and services sectors in the euro area. In addition, the pressure on the US currency has reduced demand for riskier assets.

Technical Forex Forecast EUR / USD today 10/27/2016

Quotes euros paired with Americans continue to support the positive data on the business activity of the eurozone, published earlier this week. Moreover, to some extent, limits the decline of the currency pair optimistic IFO report in Germany, which was released Tuesday.