Daily Technical & Fundamental Analysis

Fundamental Analysis | EURUSD / GBPUSD | 28 of September
28 September, 2015 09:15

Fundamental Analysis | EURUSD / GBPUSD | 28 of September

The past trading week ended on a positive note for the final estimate of US GDP for the 2nd quarter: 3.9% vs. 3.7%. That is 2.25% per annum growth rates. Comparing the current macroeconomic indicators and GDP forecast, which was published by the Committee on the Fed's monetary policy (2.1%), it can be seen that the Fed is preparing for downturn in the 4th quarter, figures for the third quarter could reach 2.5-2.8%.

Fundamental Analysis | EURUSD / GBPUSD | 25 of September
25 September, 2015 09:15

Fundamental Analysis | EURUSD / GBPUSD | 25 of September

Thanks to the good news from the euro zone, single currency was able to grow up a bit. German business environment indicator of the IFO for this month increased from 108.4 to 108.5, against the backdrop of expected decline to level of 107.8. Italian retail sales also rose by 0.4% in July.

Fundamental Analysis | EURUSD / GBPUSD | 24 of September
24 September, 2015 09:15

Fundamental Analysis | EURUSD / GBPUSD | 24 of September

At the end of yesterday's trading session, the British pound fell by118 points again, but there was not any special occasion for that. Investors no longer so sure of the rate increase in October (18%), for December their confidence is 41%.

Fundamental Analysis | EURUSD / GBPUSD | 23 of September
23 September, 2015 09:15

Fundamental Analysis | EURUSD / GBPUSD | 23 of September

The market is gradually returning to the sample of rate increases expectations. Yesterday's statements by representatives of CB Lockhart and Bullard have made it clear that rate increase in October is possible.

Fundamental Analysis | EURUSD / GBPUSD | 22 of September
22 September, 2015 09:15

Fundamental Analysis | EURUSD / GBPUSD | 22 of September

At the end of trading session on Monday, the euro fell against the "American" by 111 points. The British pound lost 22 points, "Aussie" - 56 points, the Canadian dollar - 29 points, oil strengthened by 3,43%, Dow Jones gained 0.77%.

Fundamental Analysis | EURUSD / GBPUSD | 21 of September
21 September, 2015 09:15

Fundamental Analysis | EURUSD / GBPUSD | 21 of September

Last Friday, there was strong turbulence in the currency market, associated with the effects of conservation rates. In other words, the market anyway would be remained in overactive condition as in case of increasing rate and with its conservation at near-zero levels.

Fundamental Analysis | EURUSD | 18 of September
18 September, 2015 09:02

Fundamental Analysis | EURUSD | 18 of September

Today we can see the consequences of yesterday's Fed decision on markets. Eventually, after a two-day meeting the Fed decided not to increasing rates. As a result, the US dollar began to lose its position rapidly, there is more calm situation in the commodity and stock markets: trade continues within the trend.

Fundamental Analysis | EURUSD \ GBPUSD | 17 of September
17 September, 2015 09:39

Fundamental Analysis | EURUSD \ GBPUSD | 17 of September

Yesterday's release of macroeconomic data from the United Kingdom and the United States surprised the market participants and breached their plans.

Fundamental Analysis | EURUSD \ GBPUSD | 16 of September
16 September, 2015 09:16

Fundamental Analysis | EURUSD \ GBPUSD | 16 of September

At yesterday's trading the economic data indexes tried to exert calming effect on the overbought currency under the influence of speculative factors before upcoming Fed's meeting. Some indicators of consumer prices in the UK remained unchanged, while others declined.

Fundamental Analysis | EURUSD | 15 of September
15 September, 2015 09:15

Fundamental Analysis | EURUSD | 15 of September

Yesterday's data on consumer price index in Italy showed no changes and continues to be on a stable low of 0.2% m/m and 0.2% y/y. But the European Industrial Production showed an increase to the level of 0.6% m/m and 1.9% y/y.

Fundamental Analysis | EURUSD / GBPUSD | 14 of September
14 September, 2015 09:41

Fundamental Analysis | EURUSD / GBPUSD | 14 of September

Last Friday, the euro rose by 60+ points, and British pound the contrary has lost 17 points because of negative data on the July production in construction sector by 1.0% against expectations of growth on 0.5%.

Fundamental Analysis | EURUSD | 11 of September
11 September, 2015 08:38

Fundamental Analysis | EURUSD | 11 of September

Despite the failing news on industrial production in France (down of 0.8%), the euro is rising. Such currency movement can be explained by the fact that only thanks to growth of the German indices euro currency have enough strength to restrain US dollar.