Forecast for GBP/ USD since August 10, 2018 888011000 110888 GBP/ USDThe British pound satisfied our projection yesterday with a version of the triple merging with the oscillator Marlin. The price declined, and Marlin’s signal line showed growth. The assistance for the pattern line at 1.2785 has not yet been exercised, officially the cost tends to it, but much will depend upon today’s essential information on the UK. GDP for the Second quarter is anticipated to grow by 0.4%, at an annual rate of 1.3%versus 1.2%earlier. Organisation investment is expected to grow by 0.3 %versus -0.4%in the previous quarter. Industrial production for June might reveal an increase of 0.4%, but due to the previous fall in Might by -0.4 %, the yearly growth in Industrial Production might decrease to 0.7%from 0.8%earlier. The commodity trade balance for June is expected to enhance from -12.4 billion pounds to -12.0 billion. When it comes to really good data, development can have 2 goals: the closest at 1.2880 near the resistance of the sign line for H4, and 1.2930- the resistance of the Kruzenshtern line. The resistance of the pattern line at 1.2992(daytime TF), which both sign lines are likewise looking for, can be attained with extra unfavorable events for the dollar, however for the time being there are none, and if they appear, the motion to the target will take about 2 days.But British information might disappoint. In this case, the down pattern line in the region of 1.2785 will be exercised. The additional prospects for the decrease are far, the next substantial objective is 1.2275 – support of the trend line of the channel at weekly TF.The product has been offered by InstaForex Company-www.instaforex.com

By | August 10, 2018

GBP / USD

The British pound fulfilled our forecast yesterday with a version of the triple convergence with the oscillator Marlin. The price declined, and Marlin’s signal line showed growth.

analytics5b6d17daa17aa.png

The support for the trend line at 1.2785 has not yet been worked out, formally the price tends to it, but much will depend on today’s important data on the UK. GDP for the 2nd quarter is expected to grow by 0.4%, at an annual rate of 1.3% against 1.2% earlier. Business investment is expected to grow by 0.3% against -0.4% in the previous quarter. Industrial production for June could show an increase of 0.4%, but due to the previous fall in May by -0.4%, the annual growth in Industrial Production could slow down to 0.7% from 0.8% earlier. The commodity trade balance for June is expected to improve from -12.4 billion pounds to -12.0 billion.

analytics5b6d17fa5bdad.png

In the case of really good data, growth can have two goals: the nearest at 1.2880 near the resistance of the indicator line for H4, and 1.2930 – the resistance of the Kruzenshtern line. The resistance of the trend line at 1.2992 (daytime TF), which both indicator lines are also seeking, can be achieved with additional negative events for the dollar, but for the time being there are none, and if they appear, the movement to the target will take about two days.

But British data may disappoint. In this case, the downward trend line in the region of 1.2785 will be worked out. The further prospects for the decline are far, the next significant goal is 1.2275 – support of the trend line of the channel at weekly TF.

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

Jonathon Alexander

Why did the euro collapse?

By | August 10, 2018

So, the bears of the set EUR/ USD did not await the release of data on the development of American inflation and pushed the cost under an

crucial assistance level of 1.1510, hence renewing the annual minimum. And it took place during the Asian session against the background of an empty financial calendar. The traditional”stimulus “of the marketplaces, Trump, this time, likewise remained silent, along with the representatives of the Fed, which could provoke such a powerful rate pulse.At the minute, professionals called the most likely variation of the collapse of the euro. Strangely enough, but the driver for the southern impulse was Turkey, which is now in a state of economic crisis. In the opinion of market participants, this crisis can ricochet and harm Europe, causing severe adequate strikes on the European economy.Recently, Turkey has dealt with a whole series of problems. Initially, the lira is rapidly ending up being cheaper, the national currency has lost almost 30%of its worth in relation to the dollar this year. The growing deficit of the

current account of Turkey made the lira attractive for the “overall” sale in emerging markets. Versus the background of such characteristics, the yield of 10-year Turkish federal government bonds increased by almost 20%, reaching historic values.The lira, which is less expensive by bounds and leaps, pushes up inflation, but customer activity, on the contrary, decreases. Numerous regional residents are reevaluating even their day-to-day grocery set. For instance, just potatoes have risen in rate by 3 to 4 times

compared to in 2015. A comparable scenario is observed in other areas, from the cost of fuel to lease for housing. Nevertheless, inning accordance with most specialists, everything that takes place is just”flowers. “The fact is that Turkey is greatly dependent on imported capital. The country’s economy mostly depends upon the inflow of foreign investment, and the volume of imports is often times higher than the volume of exports. Therefore, any constraints in this sphere involve exceptionally unfavorable, disastrous repercussions. Washington understands this perfectly, therefore, and intended its sanctions on the most agonizing and susceptible place. I will not go into the essence of the political dispute in between the United States and Turkey, we will only consider its economic effects. At the minute, just personal sanctions are in force -the possessions of the 2 acting ministers are frozen in the US, and Americans are prohibited to carry out any company offers with them. Of course, such procedures are not capable of weakening the nation’s economy, so the essence of what is occurring lies just in the future intents of the White House.So, according to the press, senators are likely to support the law, inning accordance with which Americans will be prohibited from approving loans for Turkey at the European Bank for Reconstruction and Advancement and at the World Bank. Given the reliance of Ankara on these banks (Turkey is their biggest borrower ), it will be a severe blow for the country, which can even cause insolvency. In 2017, the Turks took the biggest loan to the EBRD in practically two billion dollars. Turkey was also credited to many European banks. Among them are such big “fish” as Unicredit, BNP Paribas, and BBVA.Now, if the lira is more affordable by another 8-10 percent (and such a circumstance is likely ), many sectors of the economy will go bankrupt, primarily construction and energy. According to financial experts, this circumstance will seriously impact the financial stability of large European banks.Actually, this fact, which was voiced in the American press, and ended up being the trigger that crashed the pair EUR/ USD. The problem also depends on that Recep Erdogan broadened his powers after the last election-in particular, now he can independently designate the head and deputy heads of the Turkish Reserve Bank. This truth plays a big function in the context of that Erdogan is against the tightening of monetary policy. And although the Reserve bank raised its base rate to 17.75%, but stopped at this, in late July the regulator took a wait-and-see mindset, although many economic experts and political leaders called for decisive action.According to many experts, the Turkish regulator must raise the rates of interest immediately to 23-25%, in order to suspend the economic crisis. In their opinion, half procedures, in this case, will be at least inadequate. Nevertheless, the head of the Turkish state is not only challengers of half procedures, however also, in general, any actions in this direction. And provided that the crucial decisions in the country are taken by the de facto Erdogan, it is not so difficult

to anticipate the decision of the Reserve bank. Therefore, the European currency has another irritating factor, the crisis in Turkey. If the Turkish economy is on the brink of collapse, panic will affect the willpower of the members of the ECB and, accordingly, the euro. The material has actually been supplied by InstaForex Company- www.instaforex.com

Jonathon Alexander

GBP/ USD h4. Versions of traffic development from August 10, 2018 Analysis of APLs & & ZUP

By | August 10, 2018

Minute (h4)Terrific Britain Pound vs US

Dollar Previous evaluation of 08/06/2018 19:31 UTC + 3. ____________________ The trend of the GBP/ USD motion on August 10-24, 2018 will be identified by the instructions of the breakdown of the range:

-> > resistance level 1.2910 (caution line LWL61.8 forks running scale Minute);

-> > Assistance level 1.2838 (Minuette functional minimum SSL start-level minimum line)

____________________

The outlook for the development of the upward motion (buy)

Breakout of the resistance level of 1.2910 warning line LWL61.8 operating-scale forks Minute -> > advancement of the GBP/ USD up movement can be continued to the borders of the channel 1/2 Average Line (1.2945 < 1.2980 1.3015) and the stability zone (1.3015 << - >-> > 1.3075 1.3125) running Minuette forks with the prospect of accomplishing a regional optimum of 1.3215.

The details are displayed in the chart.

____________________

The outlook for the advancement of the down movement (sell)

Breakdown of support level 1.2838 (preliminary line of SSL forks of operational scale Minuette – local minimum) -> > choice of continuing the advancement of the downward motion of GBP/ USD to targets -> > LTL control line (1.2780) operating-scale forks Minute < warning lines of operating-scale forks Minuette < LWL38.2 (1.2760) < LWL61.8 (1.2705) < LWL100.0 (1.2625) < LWL161.8 (1.2495 ).

See the schedule for information.

____________________

The review is made without taking into account the news background and is not a guide to action (placing orders “sell” or “buy”).

analytics5b6c3795718bb.jpg

ZUP and Andrews Pitchfork (terms, principles, specifications). Products for the research study of the analysis of ZUP & & APL’s.The material has actually been provided by InstaForex Company – www.instaforex.com

Jonathon Alexander

The dollar needs to increase pressure on forex markets

By | August 10, 2018

The US dollar strengthens pressure on Friday morning on a wave of increasing threats for the worldwide economy.The euro falls because of the pressure of the Turkish lira that has actually collapsed. In addition, the approaching date on August 23, when the brand-new US sanctions versus China participates in force, terrify market players, requiring them to avoid buying risk. The dynamics of the equity markets in Asia on the wave of very positive information of Japan’s GDP clearly shows this.According to the

data presented, Japan’s GDP increased dramatically year-on-year, by 1.9%, while an increase of 1.4% was expected against the fall of 0.9% a year previously in the duration under evaluation. The quarterly indication grew 0.5%, while a boost of 0.3% was expected against the previous quarter’s decrease of 0.2%.

The launched data did not offer any support to the Japanese stock exchange. The yen continues to grow against the dollar. The primary factor for this is the expansion of the trade confrontation in between the United States and China, which will certainly have a deterrent effect on the development of the world economy through a drop in demand.Today, the GDP

of the UK will likewise come out, which, inning accordance with projections, is anticipated to grow by 1.3% in yearly terms against the previous value of 1.2% a year previously. The month-to-month worth of the indicator is expected to include 0.4% versus 0.2% a month earlier. In spite of the growth in the economy, we do not expect that the British currency will get considerable support, given that Brexit, the main restraint, will dominate its sterling because of uncertainty about its political and financial prospects, since the Bank of England is not likely to be in this situation further in the near future raise interest rates.One more data today will attract attention -the importance of customer inflation in the United States, which is expected to show a boost. If this happens, then the dollar is most likely to increase its pressure on forex markets.Forecast of the day: The AUD/ USD currency pair is testing the

level of 0.7320 amidst rising risks for world trade and the economy as a whole due to the aggravation of the trade relations in between Washington and Beijing. If the pair, having stayed this mark, will be fixed listed below it, there is a likelihood of continuation of its fall to 0.7240. The GBP/ USD currency pair is trading below the level of 1.2915 and below the level of 1.2800. We do not anticipate that the data of the British GDP will support the set. More than likely, it will continue falling to 1.2700.< img width ="450"src ="http://qkfx.com/wp-content/uploads/2018/08/the-dollar-should-increase-pressure-on-foreign-exchange-markets.png"alt="analytics5b6d355c99a66.png"/ > The material has been supplied by InstaForex Company-www.instaforex.com

Jonathon Alexander

GBP/ USD. 10th of August. The trading system “Regression channels”. UK GDP: A possibility for the pound sterling

By | August 10, 2018

4-hour timeframe Technical information

: The senior channel of linear regression: instructions-down.The younger channel of linear regression: instructions-down.Moving average(20, smoothed)-down.CCI: -168.4234 The GBP/ USD currency set continued its unhurried downward motion on August 9, overlooking the total lack of crucial macroeconomic data. The benefit of the US dollar now is beyond doubt, traders do not even want to record revenues on brief positions. Today, on Friday, August 10, there will still be a couple of possibilities for a correction in the British currency. Initially, on Friday, many traders often record earnings and close positions prior to the weekend, which can set off a correction in a set. Today, after 4 days of complete calm in terms of macroeconomic news will be released GDP of the UK for the second quarter(though just a preliminary worth)and industrial production. Professionals forecast that GDP can increase from 1.2%to 1.3 %, and commercial production, to include 0.4%, after a decline in the previous month by 0.4%. Therefore, if traders do not disregard this data and both reports do not fail, the pound will have the opportunity to a minimum of grow a little. In general, the downward pattern is likely to continue, as all of Britain’s economic and political problems have not disappeared, and no new motivating info on the development of Brexit talks has appeared.Nearest support levels: S1=1.2817 S2 -1.2695 S3-1,2573 Nearby resistance levels: R1 =1.2939 R2=1.3062 R3 =1.3184 Trading recommendations: The pair GBP/ USD has actually satisfied the level of 1.2817. Because no indications of the beginning of correction at the minute, there is, it is recommended to continue to support the warrants till they appear. Throughout the publication of news in Britain and the United States, you ought to move Stop Loss to a minimum, considering that a turnaround is possible.Buy-positions are recommended

to be considered

no earlier than repairing the cost

above the moving average line with a

target of 1.3062

.

all previous attempts to begin the uptrend stopped working, and today throughout the day we are not likely to wait for the pound to be repaired above the moving-house. In addition to the technical photo, one ought to also take into consideration the essential information and the time of their release.Explanations for illustrations: The upper channel of direct regression is the blue lines of unidirectional motion.The junior channel is linear-violet lines of unidirectional motion.CCI- the blue line in the regression window of the indicator.Moving average(20; smoothed)-the blue line on the rate chart.Levels of Murray- multi-colored horizontal stripes.Heikin Ashi is an indication that color bars in blue or purple.The product has been supplied by InstaForex Company- www.instaforex.com

Jonathon Alexander

Analysis of GBP/ USD Divergences on August 10. The pound continues to depreciate against the dollar

By | August 10, 2018

4h Quotes of the currency set GBP/ USD on the 4-hour chart continue the decline in the instructions of the corrective level of 261.8% -1.2638. August 10 is developing bullish divergence in the CCI indicator. Its development will enable traders to anticipate a turn in favor of the British currency and some growth in the instructions of the correction level of 200.0%-1.3047. Quit of quotes from the level of Fibo 261.8%likewise will work in favor of the start of the growth of the set. The debt consolidation of the exchange rate under the correction level of 261.8%will increase the possibilities of further falling in the instructions of the next level of Fibo 323.6%-1.2230. The Fibo grid is built on extremes from March 1, 2018 and April 17, 2018.1 h On the per hour chart, the pair completed another retreat from the correction level of 127.2 %to 1.2888 and resumed the fall to the Fibo level of 161.8% to 1.2800. The bovine divergence is brewing at the CCI indicator. If it is formed, then the set can carry out a turn in favor of the British currency and begin the growth procedure in the instructions of the restorative level of 127.2% -1.2888. Quit of quotations from the level of Fibo 161.8%similarly will allow to rely on some development of the set. The consolidation of the exchange rate under the correction level of 161.8%will increase the possibility of continuing the fall towards the next Fibo level of 200.0 %-1.2702. The Fibo grid is developed on extremes from July 19, 2018, and July 26, 2018. Recommendations for

traders: Purchases of the GBP/ USD pair will be possible with the target of 1.2888 and a stop loss order under the correction level of 161.8 %if the Fibo level breaks off at 1.2800(hourly chart). New sales of the GBP/ USD pair will be possible with a target of 1.2702 and a Stop Loss order above the correction level of 161.8 %if there is a close under the Fibo level of 1.2800. The product has actually been offered by InstaForex Business-www.instaforex.com

Jonathon Alexander

Analysis of EUR/ USD Divergences on August 10. Euro with new forces hurried down

By | August 10, 2018

H4 On the 4-hour chart, the EUR/ USD pair is the remedied retreat from the correction level of 61.8% to 1.1617 and a turnaround in favor of the United States currency. As an outcome, the set made a drop to the correction level of 100.0%at 1,1508. At the time of composing, the fall in quotes continued below the Fibo level of 100.0% in the direction of the correction level of 127.2% at 1.1431. The retracement level of the set from the Fibo level of 127.2 %permits traders to expect a turn in the favor of the EU currency and a return to the correction level of 100.0%. The bullish divergence of the MACD indication is maturing, which allows us to depend on some growth of the set. Repairing the quotes listed below the

Fibo level of 127.2%will increase the opportunities of an additional decline.The Fibo grid was established on the limits of June 21, 2018 and July 9, 2018. Daily On the 24-hour chart, the quotes returned to the correction level of 100.0%at 1.1553, and a bit later on, consolidated listed below it. As an outcome, the process of falling quotations can be continued in the direction of the next. Fibo level of 127.2%at 1.1285. Brewing divergences in the pair are not observed in any indicator. The debt consolidation of the price above the correction level of 100.0 %can be interpreted as a turn in favor of the euro and expect some development in the direction of the correctional level of 76.4 %- 1.1789. The Fibo grid was developed on the borders of November 7, 2017 and February 16, 2018. Suggestions for traders: New purchases of the EUR/ USD set will be possible with the target of 1,1508 with a stop loss order under the

Fibo level of 127.2 %if the set retires from the correction level of 1.1431, particularly in conjunction with the bullish divergence. Sales of the EUR/ USD set, can be held with the targets of 1.1431 and 1.1333, as the set is completed the closing under the Fibo

level of 100.0%, with the Stop Loss order above the level of 1.1508. The product has been supplied by InstaForex Company -www.instaforex.com

Jonathon Alexander

Review of GBP/ USD pair for the week of August 9 by means of streamlined wave analysis

By | August 10, 2018

The wave pattern of the H4 graph: The descending wave of January 25 is not total. Its wave level has actually currently exceeded the scale of the chart under consideration of the pair.

The wave pattern of the H1 chart:

In a greater wave design, the coming down wave of April 17 types the final part (C).

analytics5b6c178c5ac8d.jpg

The wave pattern of the M15 chart: The direction of motion in the last couple of weeks is set by the down wave of July 26. In the structure, there is a requirement for an upward rollback for correction.

analytics5b6c1798a67e4.jpg

Recommended trading strategy:

Purchases are dangerous and only possible at the most affordable timeframe. For sales on higher timeframes, it is advised to sell the set. You must wait until the rollback is finished.

Resistance zones:

– 1.3030/ 1.3080

Support zones:

– 1.2880/ 1.2830

Explanations to the figures:

A streamlined wave analysis utilizes a simple waveform, through a 3-part zigzag (ABC). The last incomplete wave for every single timeframe is evaluated. Zones reveal the calculated areas with the greatest likelihood of a turn.

Arrows indicate the counting of wave according to the technique used by the author. The solid background shows the produced structure and the dotted exhibits the anticipated wave motion.

Attention: The wave algorithm does not consider the duration of the tool movements in time. To conduct a trade deal, you need to validate the signals utilized by your trading systems.

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

Jonathon Alexander

EUR/ USD pair – H4 chart. Variants of traffic development from August 10, 2018 Analysis of APLs & & ZUP

By | August 10, 2018

Minute( h4)Euro vs United States Dollar ____________________ Additional development of traffic in the EUR/ USD pair on 10th to 24th of August 2018 will be figured out by the direction of the breakdown of the boundaries of the channel at the a Median Line(1.1585 1.1605 1.1630). Fork functional scale Minuette, recalling that when trading with this currency tool, it is essential to consider how the motion of the dollar index flows (evaluation from 15:19 10/08/2018 UTC + 3 ). The layout of those levels of the 1/2 ML Minuette channel is shown o

n the chart. ____________________ Prospect of the upward motion development (buy)

The breakdown level of resistance at 1.1630 (the ceiling of the channel the Mean Line Minuette 1/2) -> > variation of the upward movement of EUR/USD set to the balance area (1.1690 < 1.1730 1.1770)Fork operational scale Minuette, and in the breakdown of ISL 61.8 Minuette (1.1770 ), it will be possible to accomplish regional optimum's (1.1791 < 1.1852). The details are revealed io the chart. ____________________ The breakdown of the assistance level at 1.1585> (the lower limitation of the channel 1/2 of the Median Line Minuette )-> > the advancement of the Euro/ Typical Line (1.1585 1.1545< -> 1.1500 )forks of the operating scale UWL 38.2 Minute (1.1425) and the final Shiff Line Minute (1.1375 ). (1.See the schedule for details.

____________________

The review is made without regard to the news background and it is not a guide to action (releasing orders “offer” or “buy”).

analytics5b6c4059b4d59.jpg

< a href="https://www.forexdengi.com/threads/10201-zup-i-vili-endryusa-termini-ponyatiya-parametri?p=12419002#post12419002"> ZUP and Andrews Pitchfork (terms, principles, specifications).

Materials for the research study of the analysis of ZUP & & APL’s.The product has been provided by InstaForex Company-www.instaforex.com

Jonathon Alexander

Singapore's Retail Sales Growth Improves In June

By | August 10, 2018

Singapore’s retail sales growth improved more-than-expected in June largely due to a rebound in motor vehicle sales, figures from the Department of Statistics revealed Friday.

Retail sales rose 2 percent year-on-year in June, following May’s 0.2 percent rise. Economists had forecast an annual growth of 1.2 percent.

Meanwhile, excluding motor vehicles, sales grew only 0.2 percent compared to the 2.3 percent increase in May. Motor vehicles rebounded 9.7 percent.

On a monthly basis, retail sales advanced 1.2 percent after gaining 0.1 percent in May.

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

Jonathon Alexander