Daily review Forex 10.09.2019

Hello. Below are a few recommendations for trading in the Forex market on 10.09.2019

XAGUSD

On the Silver price held the support level of 18.28 and formed beneath a pattern Doji. It seems that the downward correction will be delayed or completely change the trend. Look here for sales purposes 17,31 and below.

the Fundamental news of the ATP Shanghai Composite + 0.84 percent, the Shenzhen Composite + 1,91%, the Hang Seng Index is 0.03%, Nikkei + 0,56% KOSPI + 0,52% S&P/ASX 200 + 0,01%

Asian investors were encouraged by the Sunday data of import of goods to China, which exceeded analysts ' expectations, paying attention to the deterioration of the export performance of China.

an Additional stimulus to purchases all the stock markets, made statistics of Japan, which showed GDP growth coinciding with the forecasts of experts.

this morning published its latest set of economic indicators of China:

Inflation the producer price Index

Also night reported:

New Zealand – retail sales (via credit cards) Australia – index of business confidence from NAB, the US Dow Jones + 0.14 percent, the S&P500; — 0,09% NASDAQ — 0,19%

American investors showed low activity on Monday due to the lack of news in the economic calendar.

the fall of the number of indices provided the skeptical remarks of Finance Minister Stephen Mnuchin, who said about "losing progress" in a long series of trade negotiations with China. Recall, the 13th round of meetings of China-the United States scheduled for October.

Indicators evening session:

15-15 – the Volume of construction of housing in Canada, 15-30 – Canada Issued a building permit 23-30 – Weekly oil inventories Eurozone FTSE to 0.69%, DAX + 0.27% of the CAC40 and 0.27%, respectively

European investors sell shares before the vote of the British Parliament, completing the next stage of Breaksit the events around which turned the British exit from the EU in a tangle of contradictions. In the case of a decision on new elections of deputies, will leave his post by the speaker of the house of Commons John bercow – a supporter of "soft option".

the Speaker of the house of Commons John bercow reminds resignation, after the vote for re-election

It was of such a scenario is now obliged to adhere to the Prime Minister, after yesterday the Queen signed the new law. Cancel it can the newly elected MPs, Boris Johnson has proposed the re-election, trying to restore the Parliament, "conservative majority".

the German DAX went to the leaders of trading on Monday after the publication of the trade balance, which exceeded analysts ' forecasts.

every Morning and evening economic statistics will release the country:

8-30 – France: NFP 11-30 – great Britain: average wage, employment and unemployment rate

regards, Artem aka TeaDrinker

last autumn