Forex Technical Analysis and Forecast on 09.05.2017: EUR / USD, GBP / USD, USD / JPY, NZD / USD, GOLD, S & P500, DAX, Brent
Technical analysis and forex forecast (EUR / USD) as of today 09/05/2017
Positive news from Europe could not keep up the mood on the purchase market. The pair formed a gap in the upward direction at the open and set a daily high in 1.1020, when the mood in the market has changed. Cheerful couple began to lose ground and broke through the 1.1000 mark just after the gap. Sellers moved the price down in the morning and by noon reached the level of 1.0950. Moving averages give a buy signal, while the MACD and RSI indicates a weakening of buyers. Resistance is at 1.1000, and support - at 1.0950.
EUR / USD forecast recommendation 09.05.2017
The trend for the euro is still bullish. Expected to buy on the decline. Confident breakdown of the top area of 1.1000 - this is the minimum requirement to confirm the resumption of the bullish movement. With the development of trade in this scenario, customers may send the price to 1.1050 area.
Forex analytics and forecast pair Pound Dollar exchange rate GBP / USD on 05/09/2017
GBP / USD pair has remained in the hands of the bulls in trading Monday. In the Asian and European sessions, buyers kept a couple of near fresh highs at the 1.3000 mark. Technical indicators remained positive on the 4-hour chart. Resistance is at around 1.3000, and support - at 1.2900.
GBP / USD forecast recommendation 09/05/2017
Buyers seem to can not continue to raise the currency pair. You can expect short-term trading and short side reduction, before the bulls gather strength for new growth. Break of 1.3000 will target the traders to mark 1.3100.
Forecast forex quotes the dollar, the yen and Technical Analysis USD / JPY on 05/09/2017
at the night session the pair continued upward movement. Buyers have reached highs last week and have lost their force. The pair dropped all night and this morning hit 112.50. Sellers are stopped, waiting for new drivers. Performance indicators were mixed in a 4-hour chart. Resistance is at the level of 113.00, and support - to 112.00.
USD / JPY forecast recommendation 05.09.2017
If bullish sentiment continue, soon we can expect the breakdown level of 113.00.
Analytical forecast pair NZD / USD Forex 05.09.2017
After a short-term decline below 0.6900 at the opening of market sentiment became positive. Price back above $ 0.6900 on early Asian session, after which the rally evolved to 0.6950. Consumer pulse extinguished morning when majeure pair has reached the specified point. The price remained near this level before the opening of the US session. In accordance with the 4-hour chart indicators were mixed. Resistance is at around 0.6950, and support - at 0.6900.
NZD / USD forecast recommendation 05/09/2017
Any movement above the current resistance will increase the chances of testing the level of 0.7000.
Gold Forex analysis and forecast of XAU / USD on 05.09.2017
Bullish sentiment in the Asian session extinguished in the area 1234. The Bears took the lead after that and returned the gold price to the level of 1230. All indicators were in the "red" zone on the 4 hour chart . Resistance is at around 1240 and support - 1230 dollars per ounce.
GOLD (XAU / USD) forecast recommendation 09.05.2017
Against the background of conditions oversold movement above the level of 1235 is not excluded.
Technical analysis iprognoz Brent oil prices today 09.05.2017
During the Asian session, Brent oil prices of the brand lost its recent gains. The seller to send the price below $ 49.50 and the night continued to reduce the benchmark. Oil trades continued on the back of negative sentiment during the European session. By noon, the price reached a level of 49.00. Technical indicators remained negative for the 4-hour chart. Resistance is at around 49.50, and support - to 48.50 dollars per barrel.
Brent forecast recommendation
Oil prices may continue to lose ground to the level of 48.50 dollars per barrel.
Forecast and Overview DAX index investors on 05.09.2017
At the opening of trading in the DAX index was formed gap down, then continued bearish movement. The seller to send the index to around 12,700, which stopped their further progress. Moving averages are saved bullish bias, whereas RSI and MACD headed down. Indicators were mixed in a 4-hour chart. Resistance is at around 12,700, and support - to 12600.
the DAX forecast recommendation 05/09/2017
nearest Target remains on the resistance level of 12,800.
Prediction and Analysis of S & P500 today 09.05.2017
According to the index S & P500 beginning of trading was positive. Buyers short-term breakdown at the level in 2400 in the early days, after which the index changed directions of movement. Price returned to just below the broken through level and in the Asian session went down. Benchmark continued to lose ground during the European session. The index found strong support at around 2390, where he remained until the opening of trading in New York. Technical indicators gave mixed signals. Resistance is at around 2400, and support - on 2380.
the S & P500 Forecast 05.09.2017 recommendations
break of the level in 2400 in the upward direction will open the way to 2420.
Analytical review of the submitted lead analyst broker Fort Financial Services Aleksandrom Kofmanom.