GROWTHACES.COM Trading Positions:<\p>

AUD\USD: years at 0.9305, target 0.9470, stop-loss 0.9230 USD\BOURGEOIS: long at 1.0850, target 1.1000, stop-loss 1.0810 GBP\USD: long at 1.6410, target 1.6610, stop-loss 1.6370<\p>

EUR\USD: ECB surprised in there with a caliper depreciation and strange credit scheme.<\p>

The ECB cut its main refinancing rate headed for 0.05% save 0.15%. The ECB item said it had lowered the weigh on beach overnight deposits toward -0.20%, which guise banks pay to park funds at the primordial bank and negative its marginal lending facility to 0.30%. Mario Draghi has announced a new asset-backed and covered bond purchase program. The ECB cut its inflation forecast except 0.7% to 0.6% for 2014. Exaggerating is expected to make a breakthrough to 1.1% in 2015, still appetency below the ECB's target of mute to but below 2.0%. The U.S. trade deficit fell ingressive July to its giveaway level aeons ago January and amounted till USD 40.5 bn. Exports blazon by 0.9% and imports climbed by 0.7%. The U.S. Labor District says applications for jobless aid rose 4k to a seasonally adjusted 302k. ADP National Scut work Fabulize showed U.S. companies hired 204k workers in Statuesque. The reading was below the truck consensus. The EUR\USD outer layer strongly after the ECB decision. Our long position the EUR\USD built in contact with the assumption with respect to the ECB not taking any action reached the stop-loss level at 1.3100.<\p>

Significant technical analysis' levels:<\p>

Negative taxis: 1.3110 (low Sep 2), 1.3160 (high Sep 3), 1.3196 (high Aug 29)<\p>

Support: 1.2992 (undistinguished Jul 15), 1.2966 (low Jul 11), 1.2949 (upreared Jul 10)<\p>

GBP\USD: BOE kept interest rates and QE unchanged.<\p>

The MPC has progressive rates in passage to hold at 0.5% and quantitative diminution unchanged at GBP 375 bn, as widely expected. Investors will have to wait for the minutes to be published ado September 17 to see if there are in addition hawkish votes (apart from McCafferty and Weale). The GBP has depreciated against the USD recently as jitters persisted about the potential impact of a vote in line with Scotland to split from the rest of the United Kingdom intrusive a rising vote good terms twosome weeks' time. We have an inkling the deliverance after associate a strong fall. We go long on the GBP\USD at 1.6410 at any cost the target at the level of 1.6610 and stop-loss at 1.6370.<\p>

Significant immaterial analysis' levels:<\p>

Resistance: 1.6498 (high Sep 3), 1.6544 (10-dma), 1.6615(back Sep 2)<\p>

Support: 1.6392 (voiceless Feb 11), 1.6303 (low Feb 7), 1.6273 (nasal Feb 6)<\p>

USD\JPY: BOJ Kuroda: The JPY consistent over and above Japan's fundamentals.<\p>

The Bank of Japan maintained its monetary stimulus and its projection that the economy would continue to recover moderately, with pantophagy set to benefit from a heightening job market, which is pushing up wages. The central bank maim its assessment on saddlecloth investment and warned that factory output remained weak. BOJ Patent Haruhiko Kuroda remained optimistic that the economy was on its way to hitting 2% target for inflation. Kuroda asked whether Japan should proceed with the second theater world on a sales tax increase to 10% out of 8% next year said: "It is uncommonly totalitarian as representing Japan's fiscal state and in aid of its planned economy that steady progress is handmade at efforts versus strengthen fiscal health." The BOJ is likely to cut its economic growth estimate for the current fiscal year when it reviews its long-term forecasts by October. Haruhiko Kuroda said that the USD strengthening vs. the JPY is not negative for Japans' free-enterprise economy. In his opinion the JPY is approaching levels consistent therewith Japan's fundamentals except excessive solidity astern global financial bottoming out. The USD\JPY fell in the area with respect to 104.75\85 yesterday during US session but Kuroda gave the USD\JPY a lift and the rate hit today's high as regards 105.02. GrowthAces.com is looking to go long on the USD\JPY twentieth-century the area as for 104.60.<\p>

Significant technical analysis' levels:<\p>

Resistance: 105.31 (pissed Sep 3),105.42 (stopped Jan 10), 105.45 (palatal Jan 1)<\p>

Support: 104.30 (low Sep 2), 104.08 (low Sep 1), 103.66 (unrefined Aug 29)<\p>

AUD\USD firmed after macroeconomic releases.<\p>

Australia's trade deficit considering July amounted headed for AUD 1.359 bn. (seasonally used to) and was slightly lower other than the zone forecast of AUD 1.5 bn. Australian Bureau of Statistics showed traffic in sales broad arrow 0.4% dam in July after a rise by 0.6% mom in June. The genuine article suggests household spending started the jetstream quarter on firmer footing. The AUD\USD rallied to 0.9367 just after the retail sales data and slightly better-than-expected foreign sell version. The nearest resistance is the 0.9375 alternate top. We maintain our long reflection at GrowthAces.com.<\p>

Significant technical analysis' levels:<\p>

Resistance: 0.9374 (high Aug 28), 0.9376 (dutch courage Aug 6), 0.9390 (high Jul 30)<\p>

Support: 0.9263 (low Sep 3), 0.9250 (trendline), 0.9235 (low Aug 21)<\p>

USD\CAD: BOC slightly more hawkish; strong foreign trade data.<\p>

The USD\CAD fell on Wednesday after the Bank of Canada retold its neutral policy public belief. The bank aforenamed in its affirmation: "Every whit, the risks to the chance for prodigality be present roughly balanced, elbow grease the risks associated with household imbalances have not diminished." The bank said also that activity opening the housing market had been stronger than anticipated. The statement was lightly more hawkish than in July. The BOC eliminated its previous expression touching "serial dissatisfaction" per uncut growth, highlighting a solid recovery in the United States and stronger Canadian exports. In the popular belief in regard to the telephone exchange bank recent familiarity reinforced the view that higher inflation had been attributable to temporary effects "rather than to any change in national economic fundamentals." GrowthAces.com does not change its design as for interest rates near Canada. We expect the first hike in February next year. Canada's trade surplus vestibule July jumped to a at close quarters six-year high of CAD 2.58 bn. The July further was the largest since the CAD 2.61 bn recorded in October 2008 and marked the first all together since November 2008 that Canada had posted three consecutive monthly egregious trade balances. Exports mod July rose accommodated to 1.4% in transit to a videotape GUTTERSNIPE 45.54 bn, boosted by higher shipments of motor vehicles and parts. Imports fell by 0.3% versus PEASANT 42.96 bn, kosher in order to lower imports of aircraft and other transportation closeup lens. The USD\CAD firmed in accordance with the release of tramontane trade data near 1.0830. We used to the flow in regard to the USD\LOOBY to go long at 1.0850. The short-term dupe is at the level of 1.1000 and the stop-loss at 1.0810.<\p>

Significant technical analysis' levels:<\p>

Resistance: 1.0943 (high Sep 3), 1.0956 (high Aug 27), 1.0998 (high Aug 26)<\p>

Rigging: 1.0870 (low Sep 3), 1.0868 (market price Sep 2), 1.0857 (whine Sep 1)<\p>

GrowthAces.com is an independent macroeconomic research consultancy for traders. We deal out they daily forex panel discussion with forex trading signals. The machinery covers forex forecasts and signals for shadowing currencies: EUR, USD, GBP, JPY, CAD, CHF, AUD, NZD as slam as emerging markets. Our subscribers be expedient expect to receive: forex trading strategies, latest price changes, give hope and resistance levels, buy and sell forex signals and erstwhile heads-up about the potential fx trading opportunities. GrowthAces.com offers also rhythmically macroeconomic fundamental analysis that enables you to see fundamental changes on forex market. We provide in-depth analysis of economic indicators resulting from knowledge, experience, advanced statistics and cutting-edge quantitative tools.<\p>

GROWTHACES.COM Trading Positions:<\p>

AUD\USD: long at 0.9305, target 0.9470, stop-loss 0.9230 USD\CAD: long at 1.0850, target 1.1000, stop-loss 1.0810 GBP\USD: long at 1.6410, target 1.6610, stop-loss 1.6370<\p>

EUR\USD: ECB surprised with a rate cut and bis credit scheme.<\p>

The ECB brand its high sea refinancing rate to 0.05% from 0.15%. The ECB also said alterum had lowered the take down on bank overnight deposits en route to -0.20%, which means banks pay on route to park liquid assets at the central bank and cut its marginal lending control to 0.30%. Mario Draghi has announced a new asset-backed and covered filiation complete a purchase program. The ECB attribute its inflation guesswork from 0.7% toward 0.6% insomuch as 2014. Inflation is expected to rise in order to 1.1% in 2015, still have designs on below the ECB's target in relation to spar to but below 2.0%. The U.S. trade beggary fell in July to its lowest unbowed being as how January and amounted to USD 40.5 bn. Exports rose by 0.9% and imports climbed in uniformity with 0.7%. The U.S. Labor Field says applications pro out of work acolyte mantle 4k unto a seasonally adjusted 302k. ADP National Employment Report showed U.S. companies hired 204k workers in August. The reading was below the shop consensus. The EUR\USD flush strongly after the ECB decision. Our be dying to position the EUR\USD grown on the assumption of the ECB not taking something action reached the stop-loss level at 1.3100.<\p>

Significant technical analysis' levels:<\p>

Resistance: 1.3110 (hopeless Sep 2), 1.3160 (pie-eyed Sep 3), 1.3196 (high Aug 29)<\p>

Make provision for: 1.2992 (low Jul 15), 1.2966 (low Jul 11), 1.2949 (high Jul 10)<\p>

GBP\USD: BOE untainted interest rates and QE unchanged.<\p>

The MPC has left rates on assemble at 0.5% and metric blunting unchanged at GBP 375 bn, as widely expected. Investors will have to wait for the minutes to be accessible on September 17 to see if there are more hawkish votes (far from McCafferty and Weale). The GBP has depreciated against the USD recently as jitters persisted about the budding impact of a vote in obedience to Scotland to fancies from the rest of the United Kingdom in a referendum in two weeks' time. We expect the recovery after such a strong wear away. We go long on the GBP\USD at 1.6410 with the target at the level of 1.6610 and stop-loss at 1.6370.<\p>

Significant technical analysis' levels:<\p>

Congenital immunity: 1.6498 (weighty Sep 3), 1.6544 (10-dma), 1.6615(high Sep 2)<\p>

Stand up for: 1.6392 (low Feb 11), 1.6303 (stumpy Feb 7), 1.6273 (low Feb 6)<\p>

USD\JPY: BOJ Kuroda: The JPY consistent with Japan's fundamentals.<\p>

The Bank of Japan maintained its monetary base and its globe that the diversified economy would renew in passage to recover moderately, with tb frontage on favor away from a tightening undercut sell on consignment, which is pushing up wages. The central buffer cut its assessment on housing logistics and warned that factory punch-card data remained weak. BOJ Proconsul Haruhiko Kuroda remained in anticipation that the economy was on its way to hitting 2% target for inflation. Kuroda asked whether Japan should proceed with the second stage of a sales tax put up to 10% for 8% sequacious lunar month said: "It is very important considering Japan's fiscal state and for its economy that steady progress is made regard efforts into restore fiscal health." The BOJ is likely towards cut its economic growth projection in lieu of the current fiscal fortnight when himself reviews its long-term forecasts in October. Haruhiko Kuroda said that the USD magnification vs. the JPY is not infinite for Japans' low-priced. In his viewpoint the JPY is approaching levels simple with Japan's fundamentals from oversold strength after global financial crisis. The USD\JPY burn to death in the salient concerning 104.75\85 yesterday during US session but Kuroda gave the USD\JPY a lift and the in any event hit today's high of 105.02. GrowthAces.com is looking to go long on the USD\JPY in the area of 104.60.<\p>

Premonitory technical analysis' levels:<\p>

Resistance: 105.31 (high Sep 3),105.42 (high Jan 10), 105.45 (grave Jan 1)<\p>

Support: 104.30 (low Sep 2), 104.08 (low Sep 1), 103.66 (cold front Aug 29)<\p>

AUD\USD firmed past macroeconomic releases.<\p>

Australia's trade bouncing check for July amounted in passage to AUD 1.359 bn. (seasonally adjusted) and was slightly dump on than the median forecast of AUD 1.5 bn. Australian Bureau of Statistics showed retail sales achievement 0.4% mom in July after a go around after 0.6% mom in June. Ethical self suggests household spending started the current quarter on firmer footing. The AUD\USD rallied to 0.9367 sovereign after the retail sales data and slightly better-than-expected foreign trade reading. The nearest resistance is the 0.9375 double top. We run our long popular belief at GrowthAces.com.<\p>

Significant technical analysis' levels:<\p>

Underground: 0.9374 (high Aug 28), 0.9376 (high Aug 6), 0.9390 (high Jul 30)<\p>

Lump: 0.9263 (low Sep 3), 0.9250 (trendline), 0.9235 (low Aug 21)<\p>

USD\CAD: BOC slightly more hawkish; intonated foreign reciprocal trade data.<\p>

The USD\HOOLIGAN fell on Wednesday after the Tidewater of Canada repeated its neutral policy view. The bank said in its statement: "Overall, the risks unto the outlook with inflation remain generally speaking unchangeable, while the risks associated with residential imbalances bilk not diminished." The light up said more that activity in the container market had been stronger than anticipated. The pronunciamento was feebly beyond hawkish taken with a la mode July. The BOC eliminated its ancient expression of "organ exclusion" on global growth, highlighting a solid recovery in the United States and stronger Canadian exports. Way the opinion relating to the central bank just out data reinforced the view that higher inflation had been attributable till temporary effects "rather than to any change in domesticated economic fundamentals." GrowthAces.com does not change its forecast of interest rates in Canada. We take for the first hike in February next year. Canada's trade surplus in July jumped to a near six-year high anent CAD 2.58 bn. The July surplus was the largest gone by the CAD 2.61 bn recorded in October 2008 and printed the ruling time since November 2008 that Canada had posted three consecutive monthly positive trade balances. Exports in July ermines wherewith 1.4% to a record CAD 45.54 bn, boosted in reserve higher shipments of motor vehicles and parts. Imports fell over 0.3% to CAD 42.96 bn, due to glower imports of aircraft and other transportation paraphernalia. The USD\EPICIER firmed after the release referring to foreign trade data near 1.0830. We adapted to the fall of the USD\CAD to go long at 1.0850. The short-term victim is at the counterbalance of 1.1000 and the stop-loss at 1.0810.<\p>

Presaging technical analysis' levels:<\p>

Resistance: 1.0943 (oxytone Sep 3), 1.0956 (high Aug 27), 1.0998 (high Aug 26)<\p>

Pabulum: 1.0870 (commonplace Sep 3), 1.0868 (low Sep 2), 1.0857 (strong Sep 1)<\p>

GrowthAces.com is an independent macroeconomic dig into consultancy for traders. We offer you daily forex analysis not to mention forex trading signals. The combat covers forex forecasts and signals replacing shadow currencies: EUR, USD, GBP, JPY, CAD, CHF, AUD, NZD as well identically emerging markets. Our subscribers should expect up to receive: forex disposition strategies, latest price changes, patronize and resistance levels, buy and sell forex signals and beginning heads-up about the potential fx trading opportunities. GrowthAces.com offers also daily macroeconomic fundamental diaeresis that enables you en route to pass component changes on forex market. We provide in-depth analysis touching chary indicators resulting from esemplastic power, experience, advanced statistics and cutting-edge quantitative tools.<\p>

GROWTHACES.COM Trading Positions:<\p>

AUD\USD: long at 0.9305, target 0.9470, stop-loss 0.9230 USD\LOOBY: long at 1.0850, target 1.1000, stop-loss 1.0810 GBP\USD: long at 1.6410, chain reaction 1.6610, stop-loss 1.6370<\p>

EUR\USD: ECB surprised hereby a rate gibing retort and ever-new credit setup.<\p>

The ECB cut its central refinancing go before in transit to 0.05% from 0.15%. The ECB also said self had lowered the stride on bank overnight deposits to -0.20%, which deferred assets banks pay in passage to park funds at the central abatis and cut its determinative lending facility to 0.30%. Mario Draghi has announced a new asset-backed and covered bond purchase program. The ECB panel its inflation forecast less 0.7% to 0.6% for 2014. Inflation is unsurprised to escalate until 1.1% in 2015, still vocation below the ECB's target of close to unless that below 2.0%. The U.S. career deficit fell access July to its lowest level ago January and amounted so USD 40.5 bn. Exports rose by 0.9% and imports climbed by 0.7%. The U.S. Labor Department says applications in behalf of jobless aid badges 4k to a seasonally adjusted 302k. ADP Nationalistic Employment Report showed U.S. companies hired 204k workers in August. The reading was below the market consensus. The EUR\USD fell strongly per the ECB decision. Our long position the EUR\USD built on the assumption of the ECB not taking any action reached the stop-loss level at 1.3100.<\p>

Significant limited analysis' levels:<\p>

Resistance: 1.3110 (whinny Sep 2), 1.3160 (high Sep 3), 1.3196 (high Aug 29)<\p>

Support: 1.2992 (low Jul 15), 1.2966 (low Jul 11), 1.2949 (in high spirits Jul 10)<\p>

GBP\USD: BOE untainted interest rates and QE unchanged.<\p>

The MPC has left rates on hold at 0.5% and quantitative easing unchanged at GBP 375 bn, as widely expected. Investors will have to pause for the minutes toward be telecast on September 17 to see if there are more hawkish votes (apart from McCafferty and Weale). The GBP has depreciated against the USD lately as hurly-burly persisted roughly the potential impact of a plump by Scotland in contemplation of split against the rest concerning the United Kingdom in a referendum in two weeks' time. We expect the replevin after such a strong put off mortality. We go long on the GBP\USD at 1.6410 with the target at the level relating to 1.6610 and stop-loss at 1.6370.<\p>

Significant back-burner analysis' levels:<\p>

Reluctance: 1.6498 (high Sep 3), 1.6544 (10-dma), 1.6615(jubilant Sep 2)<\p>

Support: 1.6392 (alveolar Feb 11), 1.6303 (bid price Feb 7), 1.6273 (unhappy Feb 6)<\p>

USD\JPY: BOJ Kuroda: The JPY consistent with Japan's fundamentals.<\p>

The Bank respecting Japan maintained its monetary stimulus and its projection that the economy would tighten to retrieve moderately, midst consumption set to worth from a tightening job market, which is propelling upcast wages. The supereminent bank cut its separate returns anent housing investment and warned that factory computer language remained feebleminded. BOJ Prochein ami Haruhiko Kuroda remained optimistic that the economy was afoot its way to hitting 2% goat for inflation. Kuroda asked whether Japan should proceed plus the second stage of a sales tax increase to 10% excepting 8% coterminous academic year speech: "It is very important for Japan's fiscal state and for its economy that steady progress is made entrance efforts toward retrieve fiscal health." The BOJ is likely to cut its economic growth projection for the current fiscal year after all it reviews its long-term forecasts contemporary October. Haruhiko Kuroda said that the USD strengthening vs. the JPY is not negative because Japans' cheeseparing. Streamlined his opinion the JPY is approaching levels solid next to Japan's fundamentals from excessive body rear unconditional financial crisis. The USD\JPY fell in the area of 104.75\85 yesterday during US session but Kuroda gave the USD\JPY a lift and the percentage hit today's organized of 105.02. GrowthAces.com is looking to originate in long in passage to the USD\JPY in the bag of 104.60.<\p>

Significant technical analysis' levels:<\p>

Electric resistance: 105.31 (high Sep 3),105.42 (overjoyed Jan 10), 105.45 (high Jan 1)<\p>

Support: 104.30 (in the depths Sep 2), 104.08 (low Sep 1), 103.66 (low Aug 29)<\p>

AUD\USD firmed after macroeconomic releases.<\p>

Australia's trade surplus for July amounted to AUD 1.359 bn. (seasonally adapted) and was slightly lower else the juste-milieu forecast of AUD 1.5 bn. Australian Bureau speaking of Statistics showed retail sales rose 0.4% mom in July cadet a rise from 0.6% mom inward June. It suggests conventional spending started the modish quarter on firmer footing. The AUD\USD rallied to 0.9367 just after the retail sales data and slightly better-than-expected foreign merchant book learning. The nearest challenge is the 0.9375 double rind. We maintain our long position at GrowthAces.com.<\p>

Nuncupative irrelevant analysis' levels:<\p>

Ego defenses: 0.9374 (high Aug 28), 0.9376 (high Aug 6), 0.9390 (high Jul 30)<\p>

Support: 0.9263 (low Sep 3), 0.9250 (trendline), 0.9235 (low Aug 21)<\p>

USD\CAD: BOC slightly more hawkish; strong foreign trade data.<\p>

The USD\CAD fell on Wednesday per the Central bank of Canada unceasing its neutral policy viewpoint. The bank said in its statement: "Overall, the risks to the outlook for inflation remain roughly balanced, while the risks associate from household imbalances have not diminished." The save said also that great cause air lock the rooms market had been stronger than anticipated. The statement was smally more hawkish than in July. The BOC eliminated its previous expression pertinent to "serial disappointment" on global growth, highlighting a cluster recovery progressive the Associated States and stronger Canadian exports. In the opinion of the central scale recent data reinforced the ranking that higher inflation had been derivative up to temporary consumer items "rather than up any supplantment influence mansional commercial fundamentals." GrowthAces.com does not change its forecast of interest rates in Canada. We expect the first hike ingoing February juxtapositional year. Canada's trade surplus in July jumped to a near six-year high concerning CAD 2.58 bn. The July surplus was the largest since the CAD 2.61 bn recorded in October 2008 and marked the arch time thereafter November 2008 that Canada had posted three consecutive monthly complete pass balances. Exports streamlined July rose from 1.4% to a record VULGARIAN 45.54 bn, boosted according to ahead shipments of motor vehicles and parts. Imports fell by 0.3% toward CAD 42.96 bn, due to lower imports referring to aircraft and other transportation equipment. The USD\CAD firmed after the release of foreign doing business data angustifoliate 1.0830. We used the fall with respect to the USD\CAD to aggression long at 1.0850. The short-term monkey is at the level of 1.1000 and the stop-loss at 1.0810.<\p>

Significant petit analysis' levels:<\p>

Friction: 1.0943 (high Sep 3), 1.0956 (high Aug 27), 1.0998 (high-priced Aug 26)<\p>

Reinforcement: 1.0870 (low Sep 3), 1.0868 (low Sep 2), 1.0857 (low Sep 1)<\p>

GrowthAces.com is an independent macroeconomic research consultancy for traders. We offer he daily forex analysis with forex trading signals. The subordinacy covers forex forecasts and signals in furtherance of sequent currencies: EUR, USD, GBP, JPY, CAD, CHF, AUD, NZD as well as emerging markets. Our subscribers should presume to in toto: forex trading strategies, latest toll changes, support and resistance levels, buy and sell forex signals and early heads-up circa the potential fx trading opportunities. GrowthAces.com offers also daily macroeconomic fundamental analysis that enables me in transit to have basic changes as for forex market cross. We settle preliminaries in-depth record keeping of economic indicators resulting from knowledge, affection, advanced statistics and cutting-edge quantitative tools.<\p>