Basic Analysis of AUD/USD for August 16, 2017 888011000 110888 AUD/USD has been in a bearish unstable trend just recently after recovering from 0.8050 resistance location. Today AUD MI Leading Index report was published with a positive worth at 0.1% from the previous unfavorable worth of -0.2% and Wage Price Index was published as anticipated at 0.5% which formerly was at 0.6%. On the USD side, today Structure Allows report is going to be released which is anticipated to reduce to 1.25 M from the previous figure of 1.28 M, Housing Begins report is expected to be the same at 1.22 M and Crude Oil Stocks report is anticipated to show less deficit at -3.0 M from the previous figure of -6.5 M. USD has been quite strong just recently due to favorable economic reports which likewise showed in this currency pair whereas the dominant currency AUD might not hold the gains for long. Since today, AUD has been rather positive with its economic reports and some high effect USD financial reports are yet to be released but AUD is expected to have an advantage over USD in the coming days.Now let uslook at the technical view, the cost is presently bouncing off the support area of 0.7750 to 0.7840. After a constant impulsive bullish trend, the set has actually just recently retraced towards the support location and presently the bullish bias is expected to continue higher towards 0.8050 and 0.8150 resistance location in the coming days. As the cost stays above the support level of 0.7750 with a day-to-day close the bullish pressure is anticipated to continue even more. The material has been provided by InstaForex Business- www.instaforex.com

By | August 16, 2017

AUD/USD has been in a bearish volatile trend recently after bouncing back from 0.8050 resistance area. Today AUD MI Leading Index report was published with a positive value at 0.1% from the previous negative value of -0.2% and Wage Price Index was published as expected at 0.5% which previously was at 0.6%. On the USD side, today Building Permits report is going to be published which is expected to decrease to 1.25M from the previous figure of 1.28M, Housing Starts report is expected to be unchanged at 1.22M and Crude Oil Inventories report is expected to show less deficit at -3.0M from the previous figure of -6.5M. USD has been quite strong recently due to positive economic reports which also showed in this currency pair whereas the dominant currency AUD could not hold the gains for long. As of today, AUD has been quite positive with its economic reports and some high impact USD economic reports are yet to be published but AUD is expected to have an upper hand over USD in the coming days.

Now let us look at the technical view, the price is currently bouncing off the support area of 0.7750 to 0.7840. After a constant impulsive bullish trend, the pair has recently retraced towards the support area and currently the bullish bias is expected to continue higher towards 0.8050 and 0.8150 resistance area in the coming days. As the price remains above the support level of 0.7750 with a daily close the bullish pressure is expected to continue further.

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

Jonathon Alexander

Need for the dollar is growing

By | August 16, 2017

Strong growth in retail sales in July added to the return of need for the dollar. According to a U.S. Census Bureau report launched on Tuesday, sales rose 0.6 %in July, well above the 0.4%projection. Moreover, the June report was also modified upwards, and instead of a 0.2 %decline, we now have to begin with an increase of 0.3%. The evidence suggests that the weakness of the consumer sector is not as deep as previously thought, and earnings development is sufficient to guarantee sustainable need. At the exact same time, maintaining a high level of consumer demand is also guaranteed by the quick development of household financial obligation. Inning accordance with the Federal Reserve Bank of New York, the overall debt of households in the 2nd quarter was 12.84 trillion dollars, which is 552 billion more than a year earlier. These information show that people are waiting for favorable modifications that will enhance their economic condition in the future, and are all set to invest more, depending on the growth of incomes. At the same time, it is not possible to hold off the reforms since the increase in household financial obligation, inning accordance with World Bank research study, has a favorable effect just in the outlook for the year, after which the reverse dependence is included. An increase in household financial obligation by 1 %relative to the GDP causes a decline of 0.1 %in the long-lasting outlook.The retail information was not the only favorable signal. Import rates increased by 1.5%, which was much better than projections, while the development of export costs was 0.1%. The Federal Reserve Bank of New York reported a boost in organisation activity in the production sector to 24.2 p, which is a three-year high and well above the projected 10.0%.< img width ="450 "src=" http://qkfx.com/wp-content/uploads/2017/08/demand-for-the-dollar-is-growing.png"alt= "Analytics5993e84883da3.png "/ > Financiers continue to wait for the start of the reform program announced by Trump throughout the pre-election race. The report of the Treasury on the inflow of foreign capital released yesterday revealed

that financiers are leaving Treasuries. The lowest level was reached in November 2016, after which the demand for bonds is growing on a monthly basis and must once again become positive in the future. The dynamics of the return of foreign financiers in the debt securities of the United States federal government and the stock exchange suggest a significant capacity for self-confidence in the expected reforms.Investors are not anxious relating to the bad collection of taxes, or the destruction of the Treasury’s money desk, nor of Trump’s first obstacles in challenging the Congress on medical reform. The expectation of

economic development, possession returns amidst rising Fed rates and tax cuts exceed any concerns.< img width="450 "src ="http://qkfx.com/wp-content/uploads/2017/08/demand-for-the-dollar-is-growing-1.png "alt ="Analytics5993e85ea39b0.png"/ > Strong information releases on Tuesday resulted in a modification of the forecasts for the rate of interest hikes. A couple of days back, financiers, inning accordance with CME, saw a 35.9%likelihood of another rate increase this year. The other day it rose to 49.5%-a very strong development in a short period. The volatility is triggered, from one side, by the broad spread of estimates in the current scenario and of the genuine state of the United States economy. And also, on the other hand, reflects the desire of investors to see a favorable program. The Federal Reserve Bank of Atlanta raised its projection for US GDP by 3Q to 3.7% on Tuesday, supporting the trend on its expectations for positive changes.Thus, a number of indirect information shows a strong deferred need for the dollar, and the publication of the Federal

Reserve’s minutes for the July meeting again causes the increased interest. In spite of the fact that the meeting was”passing”and was not accompanied by a modification in macroeconomic forecasts or an in-depth interview, it is the last before the essential FOMC conference on September 14 and should consist of standards for rates and a decrease in the balance sheet.On Monday, the US president purchased an investigation into China against copyright violation cases. This move was not unexpected, as preparation for it was conducted for a long time.However, this is the first time in many years a genuine possibility was expressed to use not only Short article 301 of the 1974 Merchant Act to unilaterally set barriers for export products, however likewise the Law”On International Emergency situation Economic Powers”from 1977, which provides the US president the right to keep track of any economic operations in the event of a threat to nationwide security.The beginning of active actions will add to increased stress and will cause the long-awaited demand for the dollar. Months of correction, which began in January, is nearing its completion.The material has actually been supplied by InstaForex Company-www.instaforex.com

Jonathon Alexander

Technical analysis of NZD/USD for August 16, 2017 888011000 110888 All our targets which we anticipated in the previous analysis have been struck. NZD/USD is still under pressure. The set is under pressure listed below the essential resistance at 0.7270, which need to restrict the upside potential. The downward momentum is more strengthenedby both descending 50-period and 20-period moving averages. The relative strength index is bearish and calls for another drop. To summarize, as long as 0.7270 is not exceeded, search for a brand-new test to 0.7210 as well as to 0.7185 in extension. The black line shows the pivot point. Currently, the cost is above the pivot point which shows the bullish position. It will indicate the short position if it remains below the pivot point. The red lines reveal the assistance levels and the green line suggests the resistance levels. These levels can be used to get in and exit trades.Resistance levels: 0.7310, 0.7330, and 0.7375 Assistance levels: 0.7210, 0.7185, and 0.7150 The product has actually been supplied by InstaForex Company -www.instaforex.com

By | August 16, 2017

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All our targets which we predicted in the previous analysis have been hit. NZD/USD is still under pressure. The pair is under pressure below the key resistance at 0.7270, which should limit the upside potential. The downward momentum is further reinforced by both descending 20-period and 50-period moving averages. The relative strength index is bearish and calls for another drop.

To sum up, as long as 0.7270 is not surpassed, look for a new test to 0.7210 and even to 0.7185 in extension.

The black line shows the pivot point. Currently, the price is above the pivot point which indicates the bullish position. If it remains below the pivot point, it will indicate the short position. The red lines show the support levels and the green line indicates the resistance levels. These levels can be used to enter and exit trades.

Resistance levels: 0.7310, 0.7330, and 0.7375

Support levels: 0.7210, 0.7185, and 0.7150

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

Jonathon Alexander

Brent Extends the Rope

By | August 16, 2017

The United States dollar enhancing due to the de-escalation of the dispute on the Korean Peninsula, the growing probability of the Fed’s financial tightening in December from 36% to 49%, an unpleasant surprise from Chinese demand and growing volumes of shale oil production reduced the costs of futures for Brent and WTI to the three-week lows. The marketplace once again engaged in its favorite activity-a pull of war. Clearly, the decrease in OPEC production increases the possibility of the North Sea oil grade rising to $60 per barrel, but the American hedgers have actually instantly priced it in. And, contrarily, a drop to $40 per barrel will trigger the cartel to toughen its aggressive commentary, while this will cause shale producers to be worried.There are a lot of opposing information on the market today that even traders with 30-year experience leave from there, claiming that they broke away from the fundamentals and that trading robots have control of the ball. If OPEC begins to mean extending the arrangement beyond March 2018, then this is not perceived as a”bullish

“signal. This is, rather, a sign of weak point, a forced measure to balance the marketplace. According to the latest IEA study, global reserves at the end of the second quarter decreased by 500 000 b/d and totaled up to 3 billion b/d. However, the figure is higher than the upper ceiling of its five-year average for this period of time, and on the sidelines of the market there are speculations that the cartel requires the extension of the arrangement to reduce production for an extended period to bring it back to the historic range.The growing unpredictability makes hedge funds extremely cautious about altering their trading positions. By the end of the week by August 8, net-long positions for WTI increased by a modest 0.8%. This is just the 3rd time this year when the indicator has changed by less than 1%. Speculators are unsure of exactly what to do, and are choosing to wait for brand-new drivers.The dynamics of oil prices and speculative positions on WTI Source: Bloomberg.As quickly as info was gotten that the volume of Chinese oil refining in July fell to the most affordable levels because September 2016, while shale oil production forecasts in the US showed the ninth month of

gains in September 2017 (6.15 million b/s), these became the basis for closing long positions for Brent and WTI.Another thing that played a role was the United States dollar which enhanced against the background of the moderate” hawkish”remarks of New york city Fed chief William Dudley. If the United States economy continues to gain momentum, he stated he would support the concept of a third hike in the federal funds rate in 2017. As an outcome, the USD index increased, putting pressure on black gold.Over the medium term, it is hardly worthwhile to wait for exploits from “bulls”or “bears”. The market has found its trading range($

40-60 per barrel )and it is prepared to remain in this variety for a long time. Technically, it is mirrored in the retreat of Brent prices estimate to the lower border of the upstream trading channel after the realization of a target of 88.6 percent over the inverted”bat” pattern. The development of diagonal support will increase the threats of correction in the instructions of $48.85 and$47.7.

On the contrary, the retreat will bring back the “bulls”to life.Brent, day-to-day chart The material has been offered by InstaForex Company -www.instaforex.com

Jonathon Alexander

Technical analysis of EUR/USD for Aug 16, 2017 888011000 110888 When the European market opens, some Economic Data will be launched, such as Flash GDP q/q and Italian Prelim GDP q/q. The US will launch the Economic Data, too, such as FOMC Meeting Minutes, Crude Oil Inventories, Real estate Starts, and Structure Permits, so, in the middle of the reports, EUR/USD will move in a lowto medium volatility during this day.TODAY’S TECHNICAL LEVEL: Breakout BUYLevel: 1.1796.Strong Resistance:1.1789.Original Resistance: 1.1778. Inner Sell Area: 1.1767.Target Inner Area: 1.1739. Inner Buy Location: 1.1711.Initial Assistance: 1.1700. Strong Assistance: 1.1689. Breakout SELL Level: 1.1682. Disclaimer: Trading Forex( forex )on margin brings a high level of risk, and might not be suitable for all investors. The high degree of take advantage of can work against you in addition to for you. Before deciding to buy foreign exchange you must carefully consider your investment objectives, level of experience, and risk hunger. The possibility exists that you could sustain a loss of some or all of your preliminary investment and for that reason you need to not invest loan that you can not afford to lose. You must be aware of all the dangers related to foreign exchange trading, and seek advice from an independent financial consultant if you have any doubts.The material has been supplied by InstaForex Company-www.instaforex.com

By | August 16, 2017

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When the European market opens, some Economic Data will be released, such as Flash GDP q/q and Italian Prelim GDP q/q. The US will release the Economic Data, too, such as FOMC Meeting Minutes, Crude Oil Inventories, Housing Starts, and Building Permits, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.

TODAY’S TECHNICAL LEVEL:

Breakout BUY Level: 1.1796.

Strong Resistance:1.1789.

Original Resistance: 1.1778.

Inner Sell Area: 1.1767.

Target Inner Area: 1.1739.

Inner Buy Area: 1.1711.

Original Support: 1.1700.

Strong Support: 1.1689.

Breakout SELL Level: 1.1682.

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

MARFRIG: Business Intends To Conclude Keystone IPO By Year-end

By | August 16, 2017

After submitting the initial public offering (IPO) of Keystone Foods with the United States Securities and Exchange Commission (SEC), Brazilian food company Marfrig said it expects the listing treatments to be completed this year.

“We began the teams and treatments are dealing with the essential documents to complete it this year, depending upon market conditions,” Marfrig CEO Martin Secco Arias saidin a conference call with experts.

Keystone has pulled the Marfrig’s financial results and is accountable for 52% of its overall profits. The business wants to offer part of its stake and utilize the proceeds to fund its development.

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

Jonathon Alexander

COLOMBIA: UN Concludes Farc Disarming Process

By | August 16, 2017

The United Nations Mission in Colombia revealed the conclusion of the disarmament of the biggest guerrilla group in the South American country.

The UN Mission has collected all ammo from 26 camps of the Revolutionary Army of Colombia (FARC) within the framework of a peace arrangement with the Colombian government.

In a declaration, the UN Objective stressed that it likewise destroyed all the unsteady material discovered in the 26 camps, consisting of anti-personnel mines, grenades, homemade dynamites, and gunpowder, among others.

Inning accordance with the Colombian President Juan Manuel Santos, today was the “last breath” of the armed conflict that for more than 5 years afflicted the country.

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

Jonathon Alexander

IMF Raises China 2018-2020 Growth Outlook

By | August 15, 2017

The International Monetary Fund raised the development outlook for China for the period between 2017 to 2021, but cautioned that the projected sharp increase in non-financial sector debt could harm growth.

In its most current Article IV consultation report launched on Tuesday, the Washington-based loan provider increased the growth projection for the world’s second biggest economy for the 2017-2021 duration to a typical 6.4 percent from 6.0 percent anticipated last year.

The upgrade comes at a cost of higher debt that results in rising risks, the IMF warned. The nation’s total non-financial sector financial obligation, that includes home, business and federal government financial obligation, is expected to continue to rise strongly, reaching practically 300 percent of GDP by 2022, up from 242 percent in 2016.

“This raises issues for a possible sharp decline in development in the medium term,” the lending institution said in its annual evaluation of the Chinese economy.

The IMF urged Chinese authorities to heighten their deleveraging efforts and to focus on concentrating on the quality and sustainability of growth than on quantitative targets.

The nation likewise needs to boost intake to obtain sustainable strong growth and while the government has actually boosted social spending, more can be done, the IMF stated.

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

Jonathon Alexander