Technical analysis and forecast for EURUSD today 05/23/2017
EURUSD soared to new heights, having noted at the level of 1.1263, although later partially corrected. On the hourly chart the price placed on the 20-hour moving average and technical indicators show a neutral attitude. On the daily time frame is not marked clear bullish signals. RSI settled overbought lost upward momentum. This may herald a downward correction, but if in the short term quotations will not lose the psychological mark of 1.12, the euro can go back to the above over a six-month highs, blocks the way to the level of 1.13.
The resistance of the EURUSD : 1.1250, 1.1265, 1.1300, 1.1320, 1.1355, 1.1400.
Support for the EURUSD : 1.1200, 1.1180, 1.1160, 1.1140, 1.1120, 1.1100, 1.1075, 1.1045, 1.1025, 1.1000, 1.0960, 1.0915, 1.0900, 1.0870, 1.0840, 1.0825, 1.0800, 1.0770, 1.0740, 1.0700, 1.0670, 1.0630, 1.0600, 1.0580 .
Technical analysis and forecast GBPUSD today 23/05/2017
GBPUSD fell initially to 1.2965 where rebounded to highs near 1.3042, but eventually settled near 1.30, ending the day almost unchanged. On the daily chart the RSI and the momentum indicator turned sharply to the south, although the price is kept steadily over the 20-day moving average near 1.2920. On short-term time frames are also dominated by bearish indicators, as well as local support stands 100-hour moving average, which is being held at 1.2975 and during afternoon trading kept falling pound. In order to improve short-term mood the quotes you need to gain a firm foothold above the level of 1.30, which is currently unlikely.
Resistance GBPUSD : 1.3000, 1.3040, 1.3050, 1.3060, 1.3100, 1.3120, 1.3150, 1.3200.
Support GBPUSD : 1.2975, 1.2965, 1.2915, 1.2900, 1.2875, 1.2860, 1.2840, 1.2800, 1.2770, 1.2730, 1.2700, 1.2680, 1.2630, 1.2615, 1.2600, 1.2520, 1.2500, 1.2480, 1.2440, 1.2425, 1.2400, 1.2365, 1.2330.
Technical analysis USDJPY forecast for today 23/05/2017
USDJPY at the point of care under the mark of 111.00, but was able to go out in a small plus at the end of the day, said at the intraday highs around 111.60. Despite intraday rise, the technical picture on the daily chart has not improved - RSI and Momentum are still looking to the south. In this case, short-term time frames indicators show a modest bullish bias, which, coupled with closing above the level of 111.00 signals the presence of a certain potential for further recovery, albeit limited.
Support for USDJPY : 111.00, 110.60, 110.00, 109.60, 109.50, 109.00, 108.70, 108.55, 108.30, 108.10, 108.00, 107.65, 107.30, 107.00.
Resistance USDJPY : 111.60, 111.70, 112.00, 112.30, 112.80, 113.00, 113.40, 113.60, 114.00, 114.40, 114.70, 115.00, 115.40, 116.00, 116.35, 116.75.
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