The focus of market attention this week was focused FOMC meeting, where the meeting will be announced in the federal funds rate, the US economy projected for the next 2 years and a press conference the chairman of the Federal Reserve Janet Yellen. Generally chance the Fed's interest rate hikes are still fifty-fifty. Arguments supporting a rate hike is based on the improvement in the US domestic economy, especially employment data and GDP, so that the low interest rate is now considered inadequate.
While other data which will be the market's attention this week is, CPI and Retail Sales English, German ZEW index, Jobless Claims and the unemployment rate UK, US Retail Sales and US housing data and a speech Glenn Stevens.
1. GBP/USD Analysis
Prediction:
Observation of the GBP / USD at TF Daily,
Area movement of GBP / USD this week is in the area of 1.5241 - 1.5543
GBP / USD potentially towards 1.5543, as the closest reinforcement.
2. EUR/USD Analysis
Prediction:
Observation of the EUR / USD at TF Daily,
Area movement of EUR / USD this week is around 1.1189 - 1.1416
EUR / USD potentially towards 1.1416 as the nearest reinforcement
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