Crude Oil Settles Greater Ahead Of Stock Data

By | September 18, 2018

Crude oil prices edged higher on Tuesday, with traders betting on possible supply lack after U.S. sanctions on Iran that come into force from early November.

Saudi Arabia’s remarks that it was comfy with Brent oil above $80 a barrel, at least in the short-term, supported oil’s upmove.

Rising geopolitical stress after Russia blamed Israel for the loss of one of its reconnaissance planes shot down over night by Syrian defense systems, too contributed to oil’s increase.

Crude oil futures for October shipment wound up $0.94, or 1.4%, at $69.85 a barrel. On Monday, petroleum futures ended down $0.08, or 0.1%, at $68.91 a barrel.

Traders are also awaiting the result of the conference of OPEC and non-OPEC oil producers, set up to occur later on in the month.

The American Petroleum Institute is set up to release its weekly crude supply information later on in the day. The official information from the United States Energy Details Administration is due for release on Wednesday morning.

Traders are also weighing the potential customers of a drop in unrefined need due to intensifying U.S.-China trade tensions.

The United States government today announced a 10% tariff on about $200 billion in imports from China, gazing next week. The tariffs will be set at 10% till the year-end, however would increase to 25% from January 1. U.S. President Donald

Trump also alerted that he would pursue tariffs on approximately USD 267 billion of extra imports if China takes retaliatory action.

The Chinese federal government, which mentioned that the United States has not been “genuine” and it has no option but to retaliate, has enforced tariffs on $60 billion in American items and this will come into force from September 24.

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Treasuries Move Notably Lower As Traders Shrug Off Trade War

By | September 18, 2018

After ending the previous session roughly flat, treasuries revealed a noteworthy move to the downside during trading on Tuesday.

Bond moved lower early in the session and slid more securely into negative area as the day advanced. Consequently, the yield on the benchmark ten-year note, which moves opposite of its rate, climbed 4.7 basis indicate 3.048 percent.

With the considerable reduction on the day, the ten-year yield ended the session at its highest closing level in nearly 4 months.

The weak point amongst treasuries came as the rates of tariffs the United States will trouble Chinese products and the retaliatory tariffs China will impose on U.S. goods were not as high as feared.

President Donald Trump revealed new tariffs on roughly $200 billion worth of Chinese imports on Monday, although the tariffs will initially be set at 10 percent compared with the 25 percent formerly drifted by the administration.

Nevertheless, the tariffs are set to rise to 25 percent on January First, and Trump stated the United States would enforce tariffs on another $267 billion worth of Chinese imports if China takes vindictive action.

Regardless of the danger from Trump, China revealed it will retaliate by imposing tariffs on $60 billion worth of U.S. products, effective September 24th.

The Chinese tariffs will reportedly range from 5 percent to 10 percent after China formerly earmarked some items for a 20 percent levy.

With the brand-new round of tariffs, Timme Spakman, financial expert at ING, noted the percentage of world trade impacted by U.S. tariffs on China will increase to 2.5 percent.

“If the United States performs its risk to enforce tariffs on the rest of its imports from China, this will equal approximately 4% of world trade,” Spakman stated.

He included, “Although this portion may seem little, the tariffs will disrupt Sino-American supply chains, and may, for that reason, triple the results on world trade.”

In U.S. financial news, the National Association of Home Builders launched a report revealing homebuilder self-confidence has actually held stable in the month of September.

The report stated the NAHB/Wells Fargo Housing Market Index came in at 67 in September, the same from August. Economic experts had expected the index to edge down to 66.

Trading on Wednesday may be impacted by response to the Commerce Department’s report on brand-new residential building in the month of August.

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

BITCOIN Analysis for September 18, 2018 888011000 110888 Bitcoin has actually been counter and rather volatile impulsive today after the strong bearish momentum which began after the price had been declined off the $6,500 location with an everyday close. The rate is presently residing near the 50% retracement location of the previous impulsive bearish momentum and from where the price began to push lower again with strong momentum. As per market context and structure, the cost is expected to push lower to $6,000 area in the coming days. A day-to-day close listed below $6,000 might lead to more bearish momentum, pushing the price lower to $5,000 area also. As the price stays listed below $6,500 location with a daily close, the bearish bias is anticipated to continue.SUPPORT: 6,000, 5,500, 5,000RESISTANCE: 6,500, 7,500, 8,000PREDISPOSITION: BEARISHMOMENTUM: VOLATILE The material has been offered by InstaForex Business-www.instaforex.com

By | September 18, 2018

Bitcoin has been quite volatile and counter impulsive today after the strong bearish momentum which started after the price had been rejected off the $6,500 area with a daily close. The price is currently residing near the 50% retracement area of the previous impulsive bearish momentum and from where the price started to push lower again with strong momentum. As per market context and structure, the price is expected to push lower towards $6,000 area in the coming days. A daily close below $6,000 may lead to further bearish momentum, pushing the price lower towards $5,000 area as well. As the price remains below $6,500 area with a daily close, the bearish bias is expected to continue.

SUPPORT: 6,000, 5,500, 5,000

RESISTANCE: 6,500, 7,500, 8,000

BIAS: BEARISH

MOMENTUM: VOLATILE

analytics5ba11a1b72685.png

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

Fractal analysis for significant currency sets on September 18 888011000 110888 Dear colleagues.For the EUR/ USD pair, the extension of the motion upward is expected after the breakdown of 1.1696. We consider the movement downwards as a correction. For the GBP/ USD pair, there is a high possibility of motion into the correction from the upward structure. For the USD/ CHF set, after the lifting of the upward structure. We follow the advancement of the down cycle from September 11. For the USD/ JPY pair, we expect the movement to 112.32. For the EUR/ JPY set, we follow the advancement of the upward cycle of September 10. For the GBP/ JPY set, the upward structure of September 7 was thought about as a big initial condition.Forecast for September 18: Analytical evaluation of currency pairs in the scale of H1: For the EUR/ USD set, the crucial levels onthe scale of H1 are: 1.1783, 1.1761, 1.1728, 1.1704, 1.1657, 1.1640, 1.1613 and 1.1576. Here, the cost has released a local structure for the top of September 17. Short-term upward motion is anticipated in the location of 1.1704-1.1728. The breakdown of the last value must be accompanied by a pronounced upward movement. Here, the target is 1.1761. The possible worth for the top is the level of 1.1783, upon reaching which we anticipate a pullback downwards.Short-term down movement is possible in the area of 1.1657 -1.1640.The breakdown of the last worth will cause the advancement of a downward movement. Here, the target is 1.1613. As a prospective worth for the bottom, we are considering level 1.1576. The primary trend is a regional structure for the top of September 17. Trading recommendations: Purchase 1.1704 Take revenue: 1.1725 Purchase 1.1730 Take earnings: 1.1760Sell: 1.1655 Take earnings:1.1642 Offer: 1.1638Take profit: 1.1615 For the GBP/ USD set, the crucial levels on the scale of H1 are 1.3346, 1.3263, 1.3229, 1.3167, 1.3111, 1.3078 and 1.3040. Here, we continue to follow the upward cycle of September 5. The extension of the upward movement is anticipated after the breakdown of 1.3167. In this case, the target is 1.3229. In the location of 1.3229-1.3263 debt consolidation of the cost. The prospective value for the top is the level of 1.3346, upon reaching which we anticipate a pullback downwards.Short-term downward motion is possible in the area of 1.3111- 1.3078. The breakdown of the last worth will lead to thorough correction. Here, the prospective target is 1.3040. The main pattern is the upward cycle of September 5. Trading suggestions: Buy: 1.3167 Take earnings: 1.3229 Buy: 1.3264 Take earnings: 1.3344 Sell: 1.3111 Take revenue: 1.3080 Sell: 1.3076 Take profit: 1.3040 For the USD/ CHF set, the essential levels on the scale of H1 are: 0.9701, 0.9677, 0.9652, 0.9639, 0.9606, 0.9586, 0.9560 and 0.9543. Here, we determined the subsequent objectives for the downward movement from the regional downstructure on September 14. Short-term down movement is possible in the area of 0.9606-0.9586. The breakdown of the last value will cause a noticable motion. Here, the target is 0.9560. Potential value for the bottom is the level of 0.9543, upon reaching which we expect a rollback upward.Short-term up motion is possible in the area of 0.9639- 0.9652. The breakdown of the last worth will result in thorough correction. Here, the target is 0.9677. This level is the key support for the down structure. Going by the cost will lead to form the preliminaryconditions for the upward movement. Here, the target is 0.9701. The main trend is a local structure for the bottom of September 14. Trading recommendations: Buy: 0.9654 Take revenue: 0.9674 Buy: 0.9678 Take profit: 0.9700 Offer: 0.9605 Take revenue: 0.9587 Sell: 0.9584 Take revenue: 0.9562For the USD/ JPY, the key levels on a scale are: 112.86, 112.51, 112.32, 112.02, 111.83, 111.68, 111.42 and 111.06. Here, we continue to follow the upward structure ofSeptember 7. The extension of the upward motion is expected after the breakdown of 112.02. In this case, the target is 112.32. In the area of 112.32 -112.51 the debt consolidation of the cost. The prospective value for the top is the level 112.86, upon reaching which we expect a pullback downwards.Consolidated traffic is possible in the area of 111.83 -111.68. The breakdown of the last worth will lead to thorough correction. Here, the target is 111.42. This level is the essential support for the top. Its breakdown will cause form the initial conditions for the upward cycle. In this case, the target is 111.06. The primary trend: the upward structure of September 7. Trading recommendations: Purchase: 112.04 Take revenue: 112.30 Buy: 112.53 Take revenue: 112.80 Offer: 111.66 Take revenue: 111.44 Sell: 111.38 Take revenue: 111.08 For the CAD/ USD set, the crucial levels on the H1 scale are: 1.3162, 1.3135, 1.3113. 1.3083, 1.3022, 1.3003, 1.2971 and 1.2931. Here, we follow the development of the preliminary conditions for the top of September 13. The extension of the upward movement is anticipated after the breakdown of 1.3083. In this case, the target is 1.3113. In the area of 1.3113- 1.3135 is the combination of the price. The possible value for the top is the level of 1.3162, upon reaching which we expect a pullback downwards.Short-term downward movement is possible in the area of 1.3022 -1.3003.The breakdown of the last worth will cause the advancement of the downward structure. In this case, the target is 1.2971. This level is the essential resistance for the subsequent development of the down trend on the scale of H1.The primary pattern is the development of the capacity for the top of September 13. Trading recommendations: Purchase: 1.3083 Take profit: 1.3113 Buy: 1.3135 Take revenue: 1.3160Offer: 1.3003 Take revenue:1.2974 Sell: 1.2969Take revenue: 1.2935 For the AUD/ USD pair, the essential levels on the scale of H1 are: 0.7362, 0.7320, 0.7287, 0.7241, 0.7171, 0.7139 and 0.7081. Here, we follow the initial conditions for the upward cycle of September 11. We expect the development of the upward structure after the breakdown of 0.7241. In this case, the target is 0.7287. In the location of 0.7287-0.7320 is the combination of the rate. The potential worth for the top is the level of 0.7362, upon reaching which we anticipate a pullback downwards.Short-term down movement is anticipated in the range 0.7171-0.7139, from this area of there is a high possibility of a turn up, a breakdown of the level of 0.7139 will cause the development of the downward movement. Here, the possible target is 0.7081. The primary trend is the preliminary conditions for the top of September 11. Trading suggestions: Purchase: 0.7241 Take revenue: 0.7285 Purchase: 0.7320 Take earnings: 0.7360 Sell: 0.7170 Take earnings: 0.7140 Offer: 0.7135 Take profit:0.7090 For the EUR/ JPY pair, the crucial levels on the scale of H1 are: 132.26, 131.86, 131.42, 131.08, 130.58, 130.21 and 129.71. Here, we follow the advancementof the upward cycle of September 10. Short-term upward motion is anticipated in the location of 131.08- 131.42. The breakdown of the last value will result in motion to the level of 131.86. The prospective value for the top is the level of 132.26, after which we expect consolidation, along with a pullback to the bottom.Short-term downward motion is possible in the area of 130.58- 130.21. The breakdown of the last worth will result in extensive correction.Here, the target is 129.71. The primary trend is the upward cycle of September 10. Trading recommendations: Buy: 131.10 Take profit: 131.40 Buy: 131.46 Take revenue: 131.85 Offer: 130.55 Take earnings: 130.25 Offer: 130.17 Take profit: 129.74 For the GBP/ JPY set, the essential levels on the scale of H1 are: 149.31, 148.43, 147.93, 147.18, 146.22, 145.67 and 145.04. Here, we think about the upward structure of September 7 as big initial conditions. The continuation of the upward movement is expected after the breakdown of 147.18. In this case, the target is 147.93. In the location of 147.93-148.43 the consolidation of the price. Prospective value for the top is the level of 149.31, upon reaching which we expect a pullback downwards.Short-term down motion is possible in the variety of 146.22- 145.67. The breakdown of the last worth will lead to in-depth correction. Here, the target is 145.04. This level is the essential support for the upward structure of September 7. The main pattern is the upward structure of September 7. Trading suggestions: Purchase: 147.20 Take revenue: 147.90 Purchase: 147.97 Take revenue: 148.40 Sell: 146.20 Take earnings: 145.70 Sell: 145.60 Take earnings: 145.10 The product has been offered by InstaForex Business -www.instaforex.com

By | September 18, 2018

Dear colleagues.

For the EUR / USD pair, the continuation of the movement upward is expected after the breakdown of 1.1696. We consider the movement downwards as a correction. For the GBP / USD pair, there is a high probability of movement into the correction from the upward structure. For the USD / CHF pair, after the lifting of the upward structure. We follow the development of the downward cycle from September 11. For the USD / JPY pair, we expect the movement towards 112.32. For the EUR / JPY pair, we follow the development of the upward cycle of September 10. For the GBP / JPY pair, the upward structure of September 7 was considered as a large initial condition.

Forecast for September 18:

Analytical review of currency pairs in the scale of H1:

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For the EUR / USD pair, the key levels on the scale of H1 are: 1.1783, 1.1761, 1.1728, 1.1704, 1.1657, 1.1640, 1.1613 and 1.1576. Here, the price has issued a local structure for the top of September 17. Short-term upward movement is expected in the area of 1.1704 – 1.1728. The breakdown of the last value should be accompanied by a pronounced upward movement. Here, the target is 1.1761. The potential value for the top is the level of 1.1783, upon reaching which we expect a pullback downwards.

Short-term downward movement is possible in the area of 1.1657 – 1.1640. The breakdown of the last value will lead to the development of a downward movement. Here, the target is 1.1613. As a potential value for the bottom, we are considering level 1.1576.

The main trend is a local structure for the top of September 17.

Trading recommendations:

Buy 1.1704 Take profit: 1.1725

Buy 1.1730 Take profit: 1.1760

Sell: 1.1655 Take profit: 1.1642

Sell: 1.1638 Take profit: 1.1615

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For the GBP / USD pair, the key levels on the scale of H1 are 1.3346, 1.3263, 1.3229, 1.3167, 1.3111, 1.3078 and 1.3040. Here, we continue to follow the upward cycle of September 5. The continuation of the upward movement is expected after the breakdown of 1.3167. In this case, the target is 1.3229. In the area of 1.3229 – 1.3263 consolidation of the price. The potential value for the top is the level of 1.3346, upon reaching which we expect a pullback downwards.

Short-term downward movement is possible in the area of 1.3111 – 1.3078. The breakdown of the last value will lead to in-depth correction. Here, the potential target is 1.3040.

The main trend is the upward cycle of September 5.

Trading recommendations:

Buy: 1.3167 Take profit: 1.3229

Buy: 1.3264 Take profit: 1.3344

Sell: 1.3111 Take profit: 1.3080

Sell: 1.3076 Take profit: 1.3040

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For the USD / CHF pair, the key levels on the scale of H1 are: 0.9701, 0.9677, 0.9652, 0.9639, 0.9606, 0.9586, 0.9560 and 0.9543. Here, we determined the subsequent goals for the downward movement from the local downward structure on September 14. Short-term downward movement is possible in the area of 0.9606 – 0.9586. The breakdown of the last value will lead to a pronounced movement. Here, the target is 0.9560. Potential value for the bottom is the level of 0.9543, upon reaching which we expect a rollback upward.

Short-term upward movement is possible in the area of 0.9639 – 0.9652. The breakdown of the last value will lead to in-depth correction. Here, the target is 0.9677. This level is the key support for the downward structure. Passing by the price will lead to form the initial conditions for the upward movement. Here, the target is 0.9701.

The main trend is a local structure for the bottom of September 14.

Trading recommendations:

Buy: 0.9654 Take profit: 0.9674

Buy: 0.9678 Take profit: 0.9700

Sell: 0.9605 Take profit: 0.9587

Sell: 0.9584 Take profit: 0.9562

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For the USD / JPY, the key levels on a scale are: 112.86, 112.51, 112.32, 112.02, 111.83, 111.68, 111.42 and 111.06. Here, we continue to follow the upward structure of September 7. The continuation of the upward movement is expected after the breakdown of 112.02. In this case, the target is 112.32. In the area of 112.32 – 112.51 the consolidation of the price. The potential value for the top is the level 112.86, upon reaching which we expect a pullback downwards.

Consolidated traffic is possible in the area of 111.83 – 111.68. The breakdown of the last value will lead to in-depth correction. Here, the target is 111.42. This level is the key support for the top. Its breakdown will lead to form the initial conditions for the upward cycle. In this case, the target is 111.06.

The main trend: the upward structure of September 7.

Trading recommendations:

Buy: 112.04 Take profit: 112.30

Buy: 112.53 Take profit: 112.80

Sell: 111.66 Take profit: 111.44

Sell: 111.38 Take profit: 111.08

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For the CAD / USD pair, the key levels on the H1 scale are: 1.3162, 1.3135, 1.3113. 1.3083, 1.3022, 1.3003, 1.2971 and 1.2931. Here, we follow the formation of the initial conditions for the top of September 13. The continuation of the upward movement is expected after the breakdown of 1.3083. In this case, the target is 1.3113. In the area of 1.3113 – 1.3135 is the consolidation of the price. The potential value for the top is the level of 1.3162, upon reaching which we expect a pullback downwards.

Short-term downward movement is possible in the area of 1.3022 – 1.3003. The breakdown of the last value will lead to the development of the downward structure. In this case, the target is 1.2971. This level is the key resistance for the subsequent development of the downward trend on the scale of H1.

The main trend is the formation of the potential for the top of September 13.

Trading recommendations:

Buy: 1.3083 Take profit: 1.3113

Buy: 1.3135 Take profit: 1.3160

Sell: 1.3003 Take profit: 1.2974

Sell: 1.2969 Take profit: 1.2935

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For the AUD / USD pair, the key levels on the scale of H1 are: 0.7362, 0.7320, 0.7287, 0.7241, 0.7171, 0.7139 and 0.7081. Here, we follow the initial conditions for the upward cycle of September 11. We expect the development of the upward structure after the breakdown of 0.7241. In this case, the target is 0.7287. In the area of 0.7287 – 0.7320 is the consolidation of the price. The potential value for the top is the level of 0.7362, upon reaching which we expect a pullback downwards.

Short-term downward movement is expected in the range 0.7171 – 0.7139, from this area of there is a high probability of a turn up, a breakdown of the level of 0.7139 will lead to the development of the downward movement. Here, the potential target is 0.7081.

The main trend is the initial conditions for the top of September 11.

Trading recommendations:

Buy: 0.7241 Take profit: 0.7285

Buy: 0.7320 Take profit: 0.7360

Sell: 0.7170 Take profit: 0.7140

Sell: 0.7135 Take profit: 0.7090

analytics5ba049e27d253.png

For the EUR / JPY pair, the key levels on the scale of H1 are: 132.26, 131.86, 131.42, 131.08, 130.58, 130.21 and 129.71. Here, we follow the development of the upward cycle of September 10. Short-term upward movement is expected in the area of 131.08 – 131.42. The breakdown of the last value will lead to movement towards the level of 131.86. The potential value for the top is the level of 132.26, after which we expect consolidation, as well as a pullback to the bottom.

Short-term downward movement is possible in the area of 130.58 – 130.21. The breakdown of the last value will lead to in-depth correction. Here, the target is 129.71.

The main trend is the upward cycle of September 10.

Trading recommendations:

Buy: 131.10 Take profit: 131.40

Buy: 131.46 Take profit: 131.85

Sell: 130.55 Take profit: 130.25

Sell: 130.17 Take profit: 129.74

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For the GBP / JPY pair, the key levels on the scale of H1 are: 149.31, 148.43, 147.93, 147.18, 146.22, 145.67 and 145.04. Here, we consider the upward structure of September 7 as large initial conditions. The continuation of the upward movement is expected after the breakdown of 147.18. In this case, the target is 147.93. In the area of 147.93 – 148.43 the consolidation of the price. Potential value for the top is the level of 149.31, upon reaching which we expect a pullback downwards.

Short-term downward movement is possible in the range of 146.22 – 145.67. The breakdown of the last value will lead to in-depth correction. Here, the target is 145.04. This level is the key support for the upward structure of September 7.

The main trend is the upward structure of September 7.

Trading recommendations:

Buy: 147.20 Take profit: 147.90

Buy: 147.97 Take profit: 148.40

Sell: 146.20 Take profit: 145.70

Sell: 145.60 Take profit: 145.10

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

Georgia Economic Development Enhances In Q2

By | September 18, 2018

Georgia’s economy development improved in the second quarter after a little easing in the previous 3 months, initial data from the National Statistical Workplace revealed Tuesday.

Gross domestic product grew 5.5 percent year-on-year following a 5.3 percent increase in the first quarter. In the final three months of 2017, the economy expanded 5.4 percent.

In the exact same quarter of 2017, GDP growth was 4.9 percent.

Production grew 8.5 percent, followed by mining and quarrying with 8.1 percent increase. Utility sector output rose 1.5 percent, while farm and forestry diminished 3.3 percent. Building output tumbled 7.1 percent.

The product has been supplied by InstaForex Business – www.instaforex.com

Hungary Central Bank Holds Secret Rate Steady As Expected

By | September 18, 2018

Hungary’s central bank kept its benchmark interest rates consistent on Tuesday, as anticipated.

The Monetary Council of the Magyar Nemzeti Bank decided to hold the base rate unchanged at 0.90 percent.

The previous modification in the rate was a 15 basis points decrease in May 2016.

The overnight reserve bank deposit rate was maintaineded at -0.15 percent, after it was trimmed by 10 basis points last September. The rate was slashed to negative in 2016.

The one-week collateralized loan rate was left unchanged at 0.90 percent.
Inflation at 3.4 percent in August was above the bank’s target of 3 percent. Wage development stays strong.

Capital Economics economic expert Liam Carson anticipates the bank to announce strategies to gradually withdraw its stimulus steps in the post-meeting press declaration due in the future Tuesday.

The economic expert also anticipates the very first rate hike to come in the first half of next year.

The product has actually been offered by InstaForex Business – www.instaforex.com

The White Home presents new trade responsibilities on products from China

By | September 18, 2018

The news about the introduction of new trade tasks by the United States versus China caused the fall of the US dollar versus other world currencies in trading on Monday.Despite the fact that the threats posed by the trade war can infect the European Union at any time, investors prefer the euro and the British pound, which can please at least some positive news.Let me advise you that yesterday, there were reports that the EU was discussing the possibility to enable representatives of the UK to manage the items provided to Northern Ireland from the UK after Brexit. It needs to be noted that previous to these rumors, the control of the items needed to be assigned to the inspectors of the block.Trump and brand-new tasks versus China Yesterday in the afternoon, US presidential advisor Larry Kudlow spoke, who specified that there is no need to think that present economic development will not be sustainable. Kudlow likewise kept in mind that he does not see any reasons that would indicate that Trump’s actions in the sphere of trade harm the economy, as there are no indications that responsibilities are a problem for the US economy.The presidential consultant also accentuated the fact that the growth of the US budget deficit is not a repercussion of tax cuts, advocating Trump policy and tax reform.Closer to the closure of the North American session, news appeared that the administration of the United States president announced a brand-new duty of 10% on imports from China worth$200 billion. New duties in the US will enter into force on September 24 and by the end of the year will be raised to 25 %. The Chinese authorities immediately revealed their objective to introduce

reciprocal tariffs on American goods.No matter how funny it looked, but following the White Home’s announcement of trade duties, the Ministry of Finance released an appeal specifying that the United States still wants to hold another round of trade talks with China.US President Donald Trump also interested the Chinese authorities, saying that he wants to reach an agreement.Of the fundamental data that came out the other day afternoon, you must focus on the report on production

activity in the area of duty of the Federal Reserve Bank of New York, which grew in September at a slower speed than in August.According to the information, the production index of the Fed of New York in September of this year was at the level of 19.0 points against 25.6 points in August. Economists had anticipated that in September the index would be 22 points. Turkey is insufficient for Turkey Yesterday, the depreciation of

the Turkish lira was kept in mind, even in spite of the fact that the Reserve bank of Turkey raised rates of interest greater than inflationary levels. This was performed in order to try to stabilize the national currency as soon as possibleanalytics5ba0add3e4088.png

, in addition to limit the development of inflation in the nation that has actually been observed since the beginning of the conflict with the United States.However, one rate boost is plainly insufficient. For a real influence on inflation development and preserving the rate of the Turkish lira, declarations from the Reserve bank are needed in which it will be clearly shown on the boost in rate of interest in the future. And these steps will go against the position of

Turkish President Recep Tayyip Erdogan, who has consistently specified that he is against high stakes.The material has actually been supplied by InstaForex Company -www.instaforex.com

GBP/USD analysis for September 18, 2018 888011000 110888 Recently, the GBP/USD pair has been trading upwards. The cost checked the level of 1.3170. Anyhow, inning accordance with the H1 timespan, I discovered rejection of the yesterday’s high at the price of 1.3164, which is a sign that buying looks dangerous. I also discovered the surprise bearish divergence on the 3/10 oscillator and bearish outside bar (BEOB) in the background, which is another sign of weakness. Expect selling opportunities. The downward targets are set at 1.3095, 1.3070 and 1.3034. The product has actually been provided by InstaForex Company-www.instaforex.com

By | September 18, 2018

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Recently, the GBP/USD pair has been trading upwards. The price tested the level of 1.3170. Anyway, according to the H1 time frame, I found rejection of the yesterday’s high at the price of 1.3164, which is a sign that buying looks risky. I also found the hidden bearish divergence on the 3/10 oscillator and bearish outside bar (BEOB) in the background, which is another sign of weakness. Watch for selling opportunities. The downward targets are set at 1.3095, 1.3070 and 1.3034.

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

EUR/USD analysis for September 18, 2018 888011000 110888 Just recently, the EUR/USD set has been trading upwards. The cost checked the level of 1.1717. Anyway, according to the M30 time– frame, I discovered rejection of resistance 1 at the rate of 1.1713, which is an indication that purchasing looks risky. Besides, the cost declined from the upper Keltner band (resistance)and there is a covert bearish divergence on the 3/10 oscillator, which is another sign of weak point. Expect offering chances. The down targets are set at the rate of 1.1665 and at the cost of 1.1633. The product has actually been offered by InstaForex Business-www.instaforex.com

By | September 18, 2018

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Recently, the EUR/USD pair has been trading upwards. The price tested the level of 1.1717. Anyway, according to the M30 time – frame, I found rejection of resistance 1 at the price of 1.1713, which is a sign that buying looks risky. Besides, the price rejected from the upper Keltner band (resistance) and there is a hidden bearish divergence on the 3/10 oscillator, which is another sign of weakness. Watch for selling opportunities. The downward targets are set at the price of 1.1665 and at the price of 1.1633.

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

EUR/USD short-term technical levels and trading suggestions for September 18, 2018 888011000 110888 The current bullish movementof the EUR/USD pair stopped to be dominant considering that August 28. Lack of sufficient bullish momentum is demonstrated on the chart so that current motion has actually developed into sideways consolidations.Earlier today, obvious bearish rejection was demonstrated around 1.1717. This permitted the existing double-top reversal pattern to be shown on the H1 chart.This would enhance the short-term bearish circumstance for the EUR/USD set. Intraday bearish targetlevels would be located around 1.1670, 1.1640 and eventually 1.1615(lower limit of the channel). Conservative traders need to wait for bearish closure listed below 1.1670(channel’s mid-range and neck line of the turnaround pattern)as a valid OFFER signal. T/P levels should lie around 1.1640 and 1.1615. The product has been supplied by InstaForex Company-www.instaforex.com

By | September 18, 2018

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The recent bullish movement of the EUR/USD pair ceased to be dominant since August 28.

Lack of enough bullish momentum is demonstrated on the chart so that recent movement has turned into sideways consolidations.

Earlier today, obvious bearish rejection was demonstrated around 1.1717. This allowed the current double-top reversal pattern to be demonstrated on the H1 chart.

This would enhance the short-term bearish scenario for the EUR/USD pair. Intraday bearish target levels would be located around 1.1670, 1.1640 and eventually 1.1615 ( lower limit of the channel ).

However, conservative traders should wait for bearish closure below 1.1670 (channel’s mid-range and neckline of the reversal pattern) as a valid SELL signal. T/P levels should be located around 1.1640 and 1.1615.

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