Kuznetsov_Sergey

Kuznetsov_Sergey

The attention of market participants is focused on the US inflation indicators and FOMC meeting, although Fed is unlikely to raise the rate (no more than a 30% chance). US statistics on Thursday may increase the reaction of the markets to the Fed's decision and lead to a significant downward correction in the stock market.

Kuznetsov_Sergey

There are few statistics, the main release of the week - US ISM services - will be published today. It is this report that will complement the current NFP, correct expectations for the Fed's policy and determine the main direction of the market. If the components of retail prices show an increase in inflation in the services sector, then the US stock market will...

Kuznetsov_Sergey

We open the week with the decision of OPEC + to reduce oil production, but speculation on this topic will be short-term.

Kuznetsov_Sergey

USD/JPY The absolute priority of sales, a strong correction is possible at the Fed.

Kuznetsov_Sergey

GBP/USD The reaction to the Fed will be weak, speculators are waiting for the BOE meeting

Kuznetsov_Sergey

EUR/USD Weak buying priority does not have a strong foundation. New positions should be opened after the Fed meeting.

Kuznetsov_Sergey

EUR/USD New buying interest is still weak. A strong downward movement requires a confident breakdown of the support zone at 1.0650.

Kuznetsov_Sergey

GBP/USD Weak sales priority remains. For a confident upward reversal, a breakdown of the 1.2250-1.23 zone is required.

Kuznetsov_Sergey

USD/JPY We are waiting for the comments of the new head of the BOJ on the prospects for monetary policy. New purchases should not be opened yet.

Kuznetsov_Sergey

GBP/USD Speculative purchases are no longer relevant. A breakdown of the fundamental level 1.2350 has not taken place yet. A technical correction is needed up to the 1.20 zone, then only fundamental factors will determine the direction.

Kuznetsov_Sergey

USD/JPY It is technically possible to work out the «Double Bottom» pattern to the zone of 133.50/135.00, but there are no own factors for a reversal upwards. Before the Fed meeting next week, only short-term sales are relevant.

Kuznetsov_Sergey

EUR/USD Balance of volumes is shifted to the buying zone, but a strong upward movement is unlikely. A technical correction is needed, at least to the 1.0500/50 zone.

Kuznetsov_Sergey

EUR/USD Balance of volumes is shifted to the zone of purchases, but there are no fundamental factors for a confident upward movement. We are waiting for a rollback down from the protection zone of 1.0700/50.

Kuznetsov_Sergey

GBP/USD Before the publication of data on GDP, speculators can remove large StopLoss above the 1.23 zone, but there are no volumes for a confident upward movement yet.

Kuznetsov_Sergey

GBP/USD News about the refusal to hold another referendum on Scottish independence has already been worked out. Technical factors give signals for continued growth, but macroeconomic factors do not support this trend. Active growth requires going beyond the resistance level of 1.2250-1.2300. Selling requires a confident breakout of the 1.1850 zone.

Kuznetsov_Sergey

EUR/USD Despite the indications of technical indicators, the chances of active growth are minimal. Above the 1.05 zone, the selling pressure intensifies. On a confident breakdown of the key zone of 1.0350 down, you can risk opening short-term sales with targets below the parity zone.

Kuznetsov_Sergey

EUR/USD There is no important news this week, but there will be many speeches and comments, but this is not enough for a downward turn. Trading interest is steadily shifting upwards, but a technical correction is needed to remove large StopLoss below the level of 0.9750. New purchases will be relevant only after a confident breakdown of the parity zone.

Kuznetsov_Sergey

GBP/USD The pair never left the main range. Speculative volumes related to the fundamental events of the last week are closed. There is no positive news yet. The balance of volumes is shifting to the sales area. New purchases will be relevant only on a confident breakdown of the protection zone above 1.17.