Spain's Retail Sales Rise At Faster Pace

By | May 29, 2017

Spain’s retail sales grew at a faster pace in April, the statistical office INE reported Monday.

Calender-adjusted retail sales growth accelerated to 1.8 percent in April from 1.3 percent in March.

On an unadjusted basis, sales declined 1 percent annually, reversing a 2.7 percent rise in the previous month.

Month-on-month, retail sales grew 0.6 percent, slightly weaker than March’s 0.8 percent increase. Food sales declined 0.8 percent, while non-food sales climbed 1.1 percent.

The material has been provided by InstaForex Company – www.instaforex.com

Jonathon Alexander

Technical analysis of EUR/USD for May 29, 2017 888011000 110888 When the European market opens, some Economic Data will be launched, such as Personal Loans y/y and M3 Cash Supply y/y. Today, the United States will not launchany Economic Data, so, in the middle of thereports, EUR/USD will move in a low to medium volatilityduring this day.TODAY’S TECHNICAL LEVEL:Breakout BUY Level: 1.1226.Strong Resistance:1.1220. Initial Resistance: 1.1209. Inner Sell Area: 1.1198.Target Inner Location: 1.1172.Inner Buy Location: 1.1147. Original Support: 1.1136. Strong Support: 1.1125. Breakout OFFER Level: 1.1119. Disclaimer: Trading Forex(foreign exchange)on margin brings a high level of threat, and might not be suitable for all investors. The high degree of leverage can work versus you in addition to for you. Before choosing to purchase foreign exchange you need to thoroughly consider your financial investment objectives, level of experience, and risk cravings. The possibility exists that you could sustain a loss of some or all of your preliminary financial investment and for that reason you should not invest cash that you can not pay for to lose. You must know all the threats connected with forex trading, and seek advice from an independent financial advisor if you have any doubts.The product has been offered by InstaForex Company-www.instaforex.com

By | May 29, 2017

EURUSD.jpg

When the European market opens, some Economic Data will be released, such as Private Loans y/y and M3 Money Supply y/y. Today, the US will not release any Economic Data, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.

TODAY’S TECHNICAL LEVEL:

Breakout BUY Level: 1.1226.

Strong Resistance:1.1220.

Original Resistance: 1.1209.

Inner Sell Area: 1.1198.

Target Inner Area: 1.1172.

Inner Buy Area: 1.1147.

Original Support: 1.1136.

Strong Support: 1.1125.

Breakout SELL Level: 1.1119.

Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

The material has been provided by InstaForex Company – www.instaforex.com

Jonathon Alexander

Technical analysis of USD/JPY for May 29, 2017 888011000 110888 In Asia, today Japan and the US will not release any Economic Data. So, there is a probability the USD/JPY will move with low to medium volatility during this day.TODAY’S TECHNICALLEVEL: Resistance. 3: 111.94.Resistance. 2: 111.72. Resistance. 1: 111.50. Assistance. 1: 111.23. Assistance. 2: 111.01. Assistance. 3: 110.79. Disclaimer: Trading Forex( forex) on margin carries a high level of risk, and might not appropriate for all investors. The high degree of leverage can work against you as well as for you. Prior to choosing to purchase foreign exchange you should carefully consider your investment objectives, level of experience, and risk cravings. The possibility exists that you might sustain a loss of some or all of your initial investment and therefore you must not invest cash that you can not afford to lose. You need to be aware of all the risks related to foreign exchange trading, and consult from an independent financial consultant if you have any doubts.The material has been offered by InstaForex Business-www.instaforex.com

By | May 29, 2017

USDJPY.jpg

In Asia, today Japan and the US will not release any Economic Data. So, there is a probability the USD/JPY will move with low to medium volatility during this day.

TODAY’S TECHNICAL LEVEL:

Resistance. 3: 111.94.

Resistance. 2: 111.72.

Resistance. 1: 111.50.

Support. 1: 111.23.

Support. 2: 111.01.

Support. 3: 110.79.

Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

The material has been provided by InstaForex Company – www.instaforex.com

Jonathon Alexander

Everyday analysis of major pairs for May 29, 2017 888011000 110888 EUR/USD: This set moved sideways recently, oscillating between the support line at 1.1150 and the resistance line at 1.1250. The resistance line at 1.1250 was evaluated a number of times without success however, it would be breached to the upside this week. The outlook on EUR pairs is bearish for June (though some EUR sets would make bullish attempts). It is expected that the resistance line at 1.1250 would be breached to the upside this week. USD/CHF: This currency trading instrument consolidated last week, testing the support level at 0.9700 several times without breaking it to the drawback, and also not exceeding the resistance level at 0.9800. The Greenback is supposed to become weak this week; while the Swissie would be strong: Thus a bearish movement on the USD/CHF. The assistance level at 0.9700 would be breached to the downside this week as cost goes even more south. Nevertheless, this pattern would be reversed when the EUR/USD plummets in June. GBP/USD: The GBP/USD moved sideways from Monday to Wednesday and after that began to come down on Thursday. Cost went down from the distribution area at 1.3000 to the accumulation area at 1.2800 (a drop of 200 pips).The outlook on GBP pairs is bearish for today and for the month of June 2017. Though the markets are expected to end up being peaceful in June, GBP pairs would trend seriously. USD/JPY: Recently, this currency trading instrument went between the supply level at 112.00 and the need levelat 111.00. The predisposition is bearish in the short-term and neutral in the long-lasting. The need level at 111.00 would be breached to the drawback as the instrument becomes weaker. The markets would generally end up being quiet in June. JPY sets would trend well. EUR/JPY: The EUR/JPY did not do anything substantial recently, save the shallow bearish run that was seen on May 26. It is possible that price would go upwards today, however that is limited, owing to the anticipated bearishness in the market. The outlook on JPY pair is bearish for June 2017, and the EUR.JPY might lose about 300 pips within the next two weeks, possibly leading to the end of the current bullish predisposition on the marketplace. The material has actually been provided by InstaForex Business- www.instaforex.com

By | May 29, 2017

EUR/USD: This pair moved
sideways last week, oscillating between the support line at 1.1150 and the
resistance line at 1.1250. The resistance line at 1.1250 was tested several
times without success but, it would be breached to the upside this week. The
outlook on EUR pairs is bearish for June (though some EUR pairs would make
bullish attempts). It is expected that the resistance line at 1.1250 would be
breached to the upside this week.

1.png

USD/CHF: This currency trading
instrument consolidated last week, testing the support level at 0.9700 several
times without breaking it to the downside, and also not going above the
resistance level at 0.9800. The Greenback is supposed to become weak this week;
while the Swissie would be strong: Hence a bearish movement on the USD/CHF. The
support level at 0.9700 would be breached to the downside this week as price
goes further south. However, this trend would be reversed when the EUR/USD
plummets in June.

2.png

GBP/USD: The GBP/USD moved
sideways from Monday to Wednesday and then began to come down on Thursday.
Price went downwards from the distribution territory at 1.3000 towards the
accumulation territory at 1.2800 (a drop of 200 pips). The outlook on GBP pairs
is bearish for this week and for the month of June 2017. Though the markets are
supposed to become quiet in June, GBP pairs would trend seriously.

3.png

USD/JPY: Last week, this currency trading instrument
went between the supply level at 112.00 and the demand level at 111.00. The
bias is bearish in the short-term and neutral in the long-term. The demand
level at 111.00 would be breached to the downside as the instrument becomes
weaker. The markets would generally become quiet in June. However, JPY pairs
would trend nicely.

4.png

EUR/JPY: The EUR/JPY did not
do anything significant last week, save the shallow bearish run that was seen
on May 26. It is possible that price would go upwards this week, but that is
limited, owing to the expected bearishness in the market. The outlook on JPY
pair is bearish for June 2017, and the EUR.JPY may lose about 300 pips within
the next two weeks, potentially leading to the end of the current bullish bias
on the market.

5.png

The material has been provided by InstaForex Company – www.instaforex.com

Jonathon Alexander

Fitch: Rates of interest Threat Main Risk for Japanese Life Insurers

By | May 29, 2017

Rates of interest risk is most likely to stay the primary risk for Japanese standard life

insurers, as a majority of the country ' s life insurance companies will be not able to lengthen asset duration due to persistently low bond yields, states Fitch Scores in a new report. Fitch anticipates that Japan ' s life insurance providers will aim to protect a buffer

against the rate of interest risk by continuing to enhance their capitalisation through maintained incomes and accumulated reserves. The agency also expects Japan ' s life insurance companies to maintain adequate capital adequacy for their credit ratings, partially backed by their constant issuance of hybrid financial obligation; which is used to make big overseas acquisitions to benefit from the exceptionally low worldwide bond yields and financier hunger for yield. The firm saw an improvement in the economic solvency ratios of insurance providers that disclosed the ratio for the fiscal year ending March 2017(FYE17), helped by a steeper yield curve compared to the previous fiscal year. Consolidated revenues of Japanese life insurance groups are likewise most likely to stay strong, boosted by strong profits growth from worldwide insurance coverage following some acquisitions of US-based life insurers.The material has been provided by InstaForex Company-www.instaforex.com

Jonathon Alexander

CanadaâEUR ™ s Financial Growth Likely to have actually accelerated in Q1 2017, says Td Economics

By | May 27, 2017

Canada & rsquo; s economy is most likely to have grown in the March quarter. Inning accordance with’a TD Economics research report, the Canadian economy is expected to have expanded 4 percent quarter-on-quarter annualized. The majority of the growth can be attributable to the 4.6 percent development in customer costs, with specific strength expected in durables spending, which increased 12.5 percent given solid vehicle sales in the quarter. Investment is also expected to have grown healthily. Greater frequency indications of organisation investment imply a healing of non-residential structures investment, with a sounder pace pf growth projection for domestic financial investment, kept in mind TD Economics. A substantial development in service investment after the earlier quarter & rsquo; s destocking is anticipated and likely to have actually contributed around 2 percentage indicate the economic growth.’On the other hand, imports are expected to have actually recuperated significantly after the decrease recorded in the earlier quarter. On the other hand, in March, industry-level GDP is anticipated to have been available in at 0.1 percent development. Growth is anticipated to have been greatly tilted to the service sector, with a solid contribution from retail and wholesale activity while another huge rise in existing house sales would underpin the property industry. A deceleration in resilient goods producing is anticipated to have actually been a drag on economic development in the goods-producing sector. The weak print for March GDP is most likely to supply a fairly weak handoff to the second quarter, where development is likely to moderate to a mid-2 percent rate, mentioned TD Economics. At 23:00 GMT the FxWirePro ' s Hourly Strength Index of Canadian Dollar was bullish at 73.9787, while the FxWirePro ' s Per hour Strength Index'of United States Dollar was neutral at 43.1375. For more information on FxWirePro ' s Currency Strength Index, see http://www.fxwirepro.com/currencyindex!.?.!The material has actually been offered by InstaForex Business -www.instaforex.com

Jonathon Alexander