21/10/2016 Technical analyst and forex forecast: EUR / USD, GBP / USD, USD / JPY, GOLD, Brent
The technical outlook for euro dollar (EUR / USD) 21.10.2016
The euro at auction on Thursday reacted to the increase in the application control policy Draghi leave not the same level, then the quotes returned to the same positions and started to decline, broke 1.0950 and continued to fall to 1.0900.
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Current situation
Pa pair remained bearish in trading Thursday. During the day, the EUR / USD remains near recent lows. The euro strengthened somewhat and went to around 1.1000 before the opening of US trading. Price was able to grow and establish a daily high at 1.1039, followed by the euro quotes plummeted once again launched an attack on 1.0950. 50-EMA stopped the recovery of the euro on the hourly chart. Moving averages (50, 100 and 200) have maintained their bearish bias. Resistance is at 1.1000, support - at 1.0950.
The MACD remained at the same level, which indicates the position gain sellers. RSI Oscillator is consolidated in the negative area.
The forecast euro dollar today 20/10/2016
The euro dollar has broken through the 1.0950 level and went to the support of 1.0900 - 10. In the breakdown of this level is likely to continue to decline further quotes 1.0875-50. If the level of 1.0900-10 deter bears, bulls will be able to press and sellers adjust the EUR / USD to 1.0950 and above.
Technical forex forecast the pound dollar (GBP / USD) on 21/10/2016
On Thursday, trading forex demand for Sterling fell after the weak performance of sales in the retail sector of Albion. According to the report, in September retail sales not increased, despite the predictions of their increase.At the same time, after the consumer sentiment Brekzita remained.
Current situation
GBP / USD pair remained near recent highs, consolidating their gains. The pound traded in flat, staying in a tight range between 1.2300 and 1.2260 levels. Prices moved down from the top of the range, to its bottom during the day. On the hourly chart the price is sandwiched between the 50 EMA and the 200 EMA. All the moving averages (50, 100 and 200) are neutral on the same chart. Resistance is located at 1.2300, support -. 1.2200 on
the MACD indicator is located on the ground level. If the histogram will go into negative territory, it will point to the strengthening position of sellers. If the MACD will return to positive territory, control of the market will go to buyers. RSI is moving towards oversold zone.
Pound Dollar forecast for today 21/10/2016
Briton paired with GBP / USD has difficulty greenbacks for growth. Sterling fell and stopped at the 1.2250 support, with a confident penetration pound will continue to decline to a level of 1.2200 and possibly further. If the buyers will be able to keep the bears probably will rebound and return to the level of quotes 1.2300-20.Confident breakdown of this mark may allow bulls skorrktirovat price to 1.2400. Although count on it not worth it.
Technical outlook pair Dollar Yen (USD / JPY) 10.21.2016 Today
Trading forex on Thursday, the dollar, the yen held in the upward range nevelirovav environmental losses.Greenbacks supported expectations of the players with respect to the Fed tightening monetary policy in December this year.
Current situation
USD / JPY pair is still in a broad sideways channel on 4-hour chart. The price has reached its lower bound on the trading environment, and after testing it bounced up. Bulls managed to recover most of its losses in trading Thursday. The pair managed to rise to 103.75 before the opening of the US session. Resistance is located at 104.00 and 103.00 in the area. Support
MACD is in the negative zone. However, the histogram has increased, indicating a weakening of the position of sellers. RSI rebounded from oversold area.
Forecast of the dollar, the yen on 21/10/2016
After the rollback price may again try to overcome the level of 103.00. If sellers can break this level the price could head to the area of 102.50, where the 200 EMA. It is possible that the pair USD / JPY will move above $ 104.00.
Trading Forex Forecast AUD / USD today 21/10/2016
Australia's currency fell against the US opponent after the publication of mixed indicators of the level of employment in Australia.
Current situation
The price has suffered significant losses in trading Thursday. After testing the 0.7730 price level turned and fell sharply. The pair broke the level 0.7690 and tested the 0.7650 mark on the way down. Bearish momentum waned near the daily lows. Tool AUD / USD broke the 50-EMA on the hourly chart. The price is close to the 100 EMA on the same time-frame. 50-EMA turned down the 100 EMA and the 200 EMA are still directed to the north.Resistance is located at 0.7690, support - at 0.7650.
The MACD fell, indicating a weakening of the position of the buyer. RSI rebounded from overbought area and heading to negative levels.
AUD / USD Forecast 21/10/2016
If the price overcomes the 0.7650 level, and will continue to decline, it will neutralize the positive medium-term outlook. After the breakdown of the current support price can head to the area of 0.7625.
Technical forex forecast gold rate today 21/10/2016
The price of gold fell slightly on Thursday, but the course is held in the vicinity of a maximum of two weeks.Pressure on the dollar have speculation about the future prospects of the Fed's monetary policy.
Current situation
Technically, the short-term picture is moderately bullish. Recovery from the level in 1260 stood at the level of 1270 dollars per ounce area, which stopped the bulls head. The pair XAU / USD traded in a narrow sideways, leaning on the 50 points during trading. 100 EMA limits the further strengthening of the precious metal on the 4-hour chart. EMA-50 neutral 100-EMA-EMA 200 and directed downward. Resistance is located at 1270 support - 1260 dollars per ounce.
The MACD remained at the same level, which indicates the strengthening of customer positions. RSI is consolidated in the positive zone.
Gold Rate Forecast 10/21/2016
positive attitude persists in the market. If the price of gold will overcome the level of 1270, the rally may continue in the short term to 1280 dollars per ounce. The movement below the level of 1270 will weaken the position of buyers, and prices could fall to
Technical analysis and forecast of Brent crude today 21/10/2016
Crude oil futures showed a decline on Thursday on profit taking by investors. Note that in the previous session, oil rose sharply after the publication of the report on the reduction of reserves of "black gold" in the United States.
Current situation
of Brent crude oil prices retreated from recent highs and fell sharply in the Asian session on Thursday. The current decline may be due to fixation of the bulls arrived after 3-day rally. Customers have lowered prices by 52.50 mark and obstacles encountered in the area of 52.00. Quotes of oil continued to decline during the US session. The price has broken the 50 EMA and headed down to the 100 EMA on the 4-hour chart. 50 EMA is neutral on the same chart. 100 EMA and the 200 EMA retained a bullish bias. Resistance is located at 52.50 and support - to 51.50 dollars per barrel.
The MACD indicator is located on the ground level. If the histogram will go into negative territory, it will point to the strengthening position of sellers. If the MACD will return to positive territory, control of the market will go to buyers. RSI is close to overbought areas, preparing for a new downward movement.
Oil Forecast 21/10/2016
Short term development of the trading instrument remains bearish. To reinforce the downward momentum in oil prices is necessary to break through the 52.00 level and go below 51.50.
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