Day-to-day analysis of significant sets for September 15, 2017 888011000 110888 EUR/USD: Unlike exactly what its GBP/USD equivalent is doing, the EUR/USD pair is not an appealing market at the present. It would be OK to wait till cost either exceeds the resistance line at 1.2050; or when it goes below the assistance line at 1.1850 (which would need a strong purchasing or selling pressure). USD/CHF: This set has actually been experiencing some correction because yesterday– after a bullish signal has actually been produced. As long as cost does not go listed below the assistance level at 0.9500, the bullish signal can not be invalidated. It is possible for rate to journey upwards from here. GBP/USD: The GBP/USD pair has gotten more than 460 pips this week, resulting in a bigBullish Verification Pattern in the market. Price is currently above the accumulation area at 1.3550, going to the circulation territory at 1.3600. The circulation territory would be easily exceeded as price goes more upwards. USD/JPY: Considering that this currency trading instrument leapt upward at the start of this week, this set has actually been caught in a. continuous bullish motion. Cost has gained over 320 pips, and it is presently. above the demand level at 111.00, going towards the supply level at 111.50 (which. may even be gone beyond ). < img width=" 450" src=" http://qkfx.com/wp-content/uploads/2017/09/daily-analysis-of-major-pairs-for-september-15-2017-4.png" alt= "1505478045_4. png"/ > EUR/JPY: The EUR/JPY set has gone up-wards today, making it possible for. a bullish predisposition on the marketplace. The EMA 11 is above the EMA 56 and the RSI duration. 14 is above the level 50. There is a big Bullish Confirmation Pattern in the. market and a further upwards movement is expected, which would make price. break more and more supply levels. The material has been supplied by InstaForex Company- www.instaforex.com

By | September 15, 2017

EUR/USD: Unlike what its
GBP/USD counterpart is doing, the EUR/USD pair is not an attractive market at the
present. It would be OK to wait until price either goes above the resistance
line at 1.2050; or when it goes below the support line at 1.1850 (which would
require a strong buying or selling pressure).

1.png

USD/CHF: This pair has been experiencing some
correction since yesterday – after a bullish signal has been generated. As long
as price does not go below the support level at 0.9500, the bullish signal
cannot be invalidated. It is possible for price to journey upwards from here.

2.png

GBP/USD: The GBP/USD pair has gained more than 460
pips this week, resulting in a huge Bullish Confirmation Pattern in the market.
Price is currently above the accumulation territory at 1.3550, going towards
the distribution territory at 1.3600. The distribution territory would be
easily exceeded as price goes further upwards.

3.png

USD/JPY: Since this currency trading instrument
jumped upward at the beginning of this week, this pair has been caught in a
perpetual bullish movement. Price has gained over 320 pips, and it is currently
above the demand level at 111.00, going towards the supply level at 111.50 (which
might even be exceeded).

4.png

1505478045_4.png

EUR/JPY: The EUR/JPY pair has gone upwards this week, enabling
a bullish bias on the market. The EMA 11 is above the EMA 56 and the RSI period
14 is above the level 50. There is a huge Bullish Confirmation Pattern in the
market and a further upwards movement is anticipated, which would make price
break more and more supply levels.

5.png

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

Jonathon Alexander

Intraday technical levels and trading suggestions for EUR/USD for September 15, 2017 888011000 110888 Monthly Outlook In January 2015, the EUR/USD pair moved below the major demand levels near 1.2050-1.2100(several previous bottoms set in July 2012 and June 2010). For this reason, a long-lasting bearish target was projected towards 0.9450. In March 2015, EUR/USD bears challenged the monthly demand level around 1.0500, which had been formerly reached in August 1997. In thelonger term, the level of 0.9450 remains a forecasted target if any month-to-month candlestick accomplishes bearish closure below the portrayed month-to-month need level of 1.0500. Nevertheless, the EUR/USD set has actually been trapped within the illustrated consolidation variety(1.0500-1.1450)till the existing bullish breakout was performed above 1.1450. The current bullish breakout above 1.1450 enables a quick bullish advance to 1.2100 where rate action need to be looked for evident bearish rejection and a valid SELL Entry. Daily Outlook In January 2017, the previous sag reversed when the Head and Shoulders pattern was established around 1.0500. Ever since, apparent bullish momentum has actually been revealed on the chart.As prepared for, the continuous bullish momentum enabled the EUR/USD set to pursue more bullish advanceto 1.1415-1.1520( Previous Daily Supply-Zone). The daily supply zone failed to pause the continuous bullish momentum. Instead, evident bullish breakout is being seen on the chart. The next Supply level to satisfy the set lies around 1.2100(Level of previous numerous bottoms )where bearish rejection and a legitimate SELL entry can be anticipated.On the other hand, If bearish pullback continues listed below 1.1800 and 1.1700, the rate zone of 1.1415-1.1520 can be expected a valid BUY entry The material has actually been offered by InstaForex Business – www.instaforex.com

By | September 15, 2017

analytics59bbc1894e1af.png

Monthly Outlook

In January 2015, the EUR/USD pair moved below the major demand levels near 1.2050-1.2100 (multiple previous bottoms set in July 2012 and June 2010). Hence, a long-term bearish target was projected toward 0.9450.

In March 2015, EUR/USD bears challenged the monthly demand level around 1.0500, which had been previously reached in August 1997.

In the longer term, the level of 0.9450 remains a projected target if any monthly candlestick achieves bearish closure below the depicted monthly demand level of 1.0500.

However, the EUR/USD pair has been trapped within the depicted consolidation range (1.0500-1.1450) until the current bullish breakout was executed above 1.1450.

The current bullish breakout above 1.1450 allows a quick bullish advance towards 1.2100 where price action should be watched for evident bearish rejection and a valid SELL Entry.

analytics59bbc19360d7e.png

Daily Outlook

In January 2017, the previous downtrend reversed when the Head and Shoulders pattern was established around 1.0500. Since then, evident bullish momentum has been expressed on the chart.

As anticipated, the ongoing bullish momentum allowed the EUR/USD pair to pursue further bullish advance towards 1.1415-1.1520 (Previous Daily Supply-Zone).

The daily supply zone failed to pause the ongoing bullish momentum. Instead, evident bullish breakout is being witnessed on the chart. The next Supply level to meet the pair is located around 1.2100 (Level of previous multiple bottoms) where bearish rejection and a valid SELL entry can be anticipated.

On the other hand, If bearish pullback persists below 1.1800 and 1.1700, the price zone of 1.1415-1.1520 can be watched for a valid BUY entry

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

Jonathon Alexander

GBP/USD analysis for September 15, 2017 888011000 110888 Recently, the GBP/USD set has been trading upwards. The cost evaluated the level of 1.3616. Anyway, inning accordance with the 5M amount of time, I found that there is a hidden bearish divergence on the MACD oscilator, which is a sign that purchasers ended up being tired. My avice is to look for prospective selling opportunties today. The downward targets are set at the cost of 1.3530, 1.3500 and 1.3475. Another alerting for buyers at this stage is that ATR went to extreme.Resistance levels:R1: 1.3580R2: 1.3630R3: 1.3720 Assistance levels: S1: 1.3440 S2: 1.3350 S3: 1.3300 Trading recommendations for today: expect possible selling opportunities.The material has actually been provided by InstaForex Business-www.instaforex.com

By | September 15, 2017

analytics59bbc00fc6cfb.png

Recently, the GBP/USD pair has been trading upwards. The price tested the level of 1.3616. Anyway, according to the 5M time frame, I found that there is a hidden bearish divergence on the MACD oscilator, which is a sign that buyers became exhausted. My avice is to watch for potential selling opportunties today. The downward targets are set at the price of 1.3530, 1.3500 and 1.3475. Another warning for buyers at this stage is that ATR went to extreme.

Resistance levels:

R1: 1.3580

R2: 1.3630

R3: 1.3720

Support levels:

S1: 1.3440

S2: 1.3350

S3: 1.3300

Trading recommendations for today: watch for potential selling opportunities.

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

Jonathon Alexander

Gold analysis for September 15, 2017 888011000 110888 Recently, Gold has been trading sideways at the rate of$ 1,310.00. Anyhow, inning accordance with the 30M time frame, I found that sellers remain in contorl and that cost is trading inside of the downward channel. I placed Fibonacci expansion to discover prospective downward targets. I got Fibonacci growth 61.8%at therate of$1,310.00 and Fibonacci expansion 100%at the price of $1,294.00. Watch for prospective selling opportunities.Resistance levels: R1:$1,335.00 R2: $1,338.50 R3:$1,340.80 Assistance levels: S1:$1,329.25 S2:$1,326.50 S3: $1,324.00 Trading suggestions for today: watch for potential selling opportunities.The material has been provided by InstaForex Company-www.instaforex.com

By | September 15, 2017

analytics59bbbb63c1746.png

Recently, Gold has been trading sideways at the price of $1,310.00. Anyway, according to the 30M time frame, I found that sellers are in contorl and that price is trading inside of the downward channel. I placed Fibonacci expansion to find potential downward targets. I got Fibonacci expansion 61.8% at the price of $1,310.00 and Fibonacci expansion 100% at the price of $1,294.00. Watch for potential selling opportunities.

Resistance levels:

R1: $1,335.00

R2: $1,338.50

R3: $1,340.80

Support levels:

S1: $1,329.25

S2: $1,326.50

S3: $1,324.00

Trading recommendations for today: watch for potential selling opportunities.

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

Jonathon Alexander

Bitcoin analysis for September 15, 2017 888011000 110888 The Bitcoin(BTC)has been trading downwards. As I expected, the cost evaluated the level of $3,205 owned on the news Chinese bitcoin exchange ViaBTC has revealed it will cease trading at the end of September– the second exchange in as many days to do so. Inning accordance with a statement, following the recent declaration from the People’s Bank of China and other authorities onexchange policy and ICO risks, ViaBTC has actually decided to shutter its China-facing website. Techincal photo is still extremely bearish.Trading recommendations: According to the 1H timespan, I discovered broken assistance at$3,185, which is a sign that buying looks dangerous. There is a concealed bearish divergence on the movig average oscilator, which is another indication of weakness. Myguidance is to watch forpossible selling opportuntiies. The very first down target is set at the rate of $2,500. Support/Resistance $3.185– Intraday resistance (cost action)$3.435– Intraday resistance (cost action)$2.500– Support(round number)With InstaForex you can earn on cryptocurrency’s motions today. Just open a handle your MetaTrader4.The material has actually been provided by InstaForex Business-www.instaforex.com

By | September 15, 2017

analytics59bbb07dadc8d.png

The Bitcoin (BTC) has been trading downwards. As I expected, the price tested the level of $3,205 driven on the news Chinese bitcoin exchange ViaBTC has announced it will cease trading at the end of September – the second exchange in as many days to do so. According to an announcement, following the recent statement from the People’s Bank of China and other authorities on exchange regulation and ICO risks, ViaBTC has decided to shutter its China-facing website. Techincal picture is still very bearish.

Trading recommendations:

According to the 1H time frame, I found broken support at $3,185, which is a sign that buying looks risky. There is a hidden bearish divergence on the movig average oscilator, which is another sign of weakness. My advice is to watch for potential selling opportuntiies. The first downward target is set at the price of $2,500.

Support/Resistance

$3.185 – Intraday resistance (price action)

$3.435 – Intraday resistance (price action)

$2.500 – Support (round number)

With InstaForex you can earn on cryptocurrency’s movements right now. Just open a deal in your MetaTrader4.

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

Jonathon Alexander

International macro summary for 15/09/2017

By | September 15, 2017

Worldwide macro overview for 15/09/2017: In the after-effects of the other day’s Bank of England interest rate decision, some MPC members remarks are striking the newswires

. In the reaction to comments by a member of

the Bank of England Gertjan Vlieghe, which suggests that interest rate walkings may be needed” within months “, British Pound appreciates once again across the board. In his view, a chance of upward pressure on UK inflation, continued fall in slack, rising salaries pressure and home costs, together with robust international development required for a rate walking. His remarks are essential due to the fact that Vlieghe is thought about the greatest dove among the monetary policy members in BoE. At the exact same time, he pointed out that there is still a danger that Brexit will have a greater effect on the economy than anticipated.After the Bank of England September meeting, the story might be quickly moving back to Brexit over the coming weeks. The ongoing GBP rally may just be a one-time increase for the currency as a primary objective

of the Bank’s hawkish signal as an attempt to realign market expectations with the idea of a gradual BoE tightening course, rather than preparing markets for an imminent rate rise.The increased UK political uncertainty, which is a result of essential Brexit-related occasions in the next few months, indicates that a November rate hike should not be considered as a sure thing. Let’s now take a look at the EUR/GBP technical picture at the everyday time frame. The price has backtracked 50% of the recent leg up and now is trading at the essential technical support zone between the levels

of 0.8791- 0.8851. The golden pattern line supplies extra dynamic assistance, but in a case of an additional decline, the next support is seen at the 61% Fibo at the level of 0.8692. The product has actually been offered by InstaForex Company -www.instaforex.com

Jonathon Alexander

Bulgaria Inflation Increases Somewhat In August

By | September 15, 2017

Bulgaria’s customer cost inflation accelerated partially in August, after reducing in the previous three months, figures from the National Statistical Institute revealed Friday.

The consumer cost index rose 1.4 percent year-over-year in August, simply above the 1.3 percent climb in June. The measure been rising given that December 2016.

Costs of food and non-alcoholic beverages grew 2.7 percent every year in August and energy costs increased by 3.6 percent. Clothing and shoes costs dropped 2.5 percent.

Month-on-month, customer costs edged up 0.1 percent from July, when it rose by 0.3 percent.

The EU step of inflation, or HICP climbed 0.7 percent annual and by 0.2 percent monthly in August.

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

Jonathon Alexander

Fundamental Analysis of USD/CHF for September 15, 2017 888011000 110888 After a long relentless bearish trend in place, USD/CHF is currently living in a restorative variety between 0.9440 to 0.9760 area. Recent favorable financial reports from the United States assisted the bulls to push the rate a bit greater however it could not hold the gain versus CHF. Just recently, The SNB Libor Rate annoncement was released the same as expected at -0.75% which helped the currency to get some momentum yesterday. As the short-term rate of interest are the vital element for the currency assessment, the very same position did add to the gains of CHF versus USD in the present circumstance of the marketplace. Today, United States Core Retail Sales report is going to be published which is anticipated to be unchanged at 0.5%, Retail Sales report is anticipated to show a decline to 0.1% from the previous worth of 0.6%, Empire State Manufacturing Index is anticipated to reduce to 18.2 from the previous figure of 25.2, Capability Utilization Rate is expected to have a small boost to 76.8% from the previous worth of 76.7%, Industrial Production report is anticipated to reduce to 0.1% from the previous value of 0.2%, and Prelim UoM Consumer Belief is expected to reduce to 95.1 from the previous figure of 96.8. As most of the forecasts are not positive for USD, any favorable report can help USD to press the cost higher. On the other hand, if the real report verifies a forecast or worse than a projection, then CHF is expected to control further in the coming days.Now let ustake a look at the technical chart. The cost has shown an excellent amount of rejection of the bulls the other day after the Swiss reserve bank announced the Libor Rate choice. Presently after the rejection, the cost has come under bearish pressure in the market which is expected to reach 0.9440 assistance level in the coming days. As the rate remains below the resistance level of 0.9770, the bearish predisposition is expected to continue even more. The material has actually been offered by InstaForex Business-www.instaforex.com

By | September 15, 2017

After a long persistent bearish trend in place, USD/CHF is currently residing in a corrective range between 0.9440 to 0.9760 area. Recent positive economic reports from the US helped the bulls to push the price a bit higher but it could not hold the gain against CHF. Recently, The SNB Libor Rate annoncement was published unchanged as expected at -0.75% which helped the currency to gain some momentum yesterday. As the short-term interest rates are the paramount factor for the currency valuation, the same stance did contribute to the gains of CHF against USD in the current situation of the market. Today, US Core Retail Sales report is going to be published which is expected to be unchanged at 0.5%, Retail Sales report is expected to show a decrease to 0.1% from the previous value of 0.6%, Empire State Manufacturing Index is expected to decrease to 18.2 from the previous figure of 25.2, Capacity Utilization Rate is expected to have a slight increase to 76.8% from the previous value of 76.7%, Industrial Production report is expected to decrease to 0.1% from the previous value of 0.2%, and Prelim UoM Consumer Sentiment is expected to decrease to 95.1 from the previous figure of 96.8. As most of the forecasts are not quite positive for USD, any positive report can help USD to push the price higher. On the other hand, if the actual report confirms a forecast or worse than a forecast, then CHF is expected to dominate further in the coming days.

Now let us look at the technical chart. The price has shown a good amount of rejection of the bulls yesterday after the Swiss central bank announced the Libor Rate decision. Currently after the rejection, the price has come under bearish pressure in the market which is expected to reach 0.9440 support level in the coming days. As the price remains below the resistance level of 0.9770, the bearish bias is expected to continue further.

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

Jonathon Alexander

Trading strategy 15/09/2017

By | September 15, 2017

The basic image: North Korea. FRS is ahead.In the early morning, the news reported a launch

of a missile test from North Korea to the instructions of Japan. The medium-range rocket reached over 700 kilometers and flew 3,700 kilometers, which is even more than required to reach the United States base upon Guam(3,400 kilometers). President Trump when again stated that alternatives are considered, consisting of the military one. The market response is rather calm (on Friday early morning). On Thursday, 2 essential news reports on the economy came out: the Bank of England

stated that it would consider the option of pulling liquidity from markets in the coming months- this is a response to the growth of inflation. The pound greatly turned up and reached the morning peak of Friday at 1.3450. Inflation data in the US came out: The inflation index rose to +1.9%per annum -a signal to reinforce the dollar ahead of the Fed meeting next week on September 20. We keep in mind a sharp decline in bitcoin to 3080 on Friday morning-bitcoin is waiting on a long correction period.EURUSD Selling from 1.1930 with a target of 1.1820 and further down.Alternative: Purchase at advancement 1.2000 up. There are no essential news on Friday.

The product has been offered by InstaForex Company- www.instaforex.com

Jonathon Alexander