Technical analysis of the euro dollar and forex forecast (EUR / USD) as of today 12/05/2017
The single currency has maintained a positive attitude during European morning trade. The euro found strong support at 1.0850 and tried to recover some of its losses. The pair almost reached the level of 1.0900, when the upward momentum faded. At the 4-hour chart technical indicators were mixed. Resistance is at 1.0900, and support - at 1.0850.
Forecast EUR / USD recommendation 12.05.2017
The most likely scenario is considered to be trading a further decline to the level of 1.0850. However, if the 100 EMA and the level of 1.0850 resist, it is likely pullback to 1.0950.
Forex Analytics pound and the dollar exchange rate forecast of the pair gbp usd GBP / USD on 12/05/2017
The pressure from sales increased after the flat, marked in the Asian session. The seller to send the pound down and tested the 1.2900 mark in the middle of the European session. Level could not contain the attack and sellers was broken in the second half of the European session. Moving averages are still directed to the north, while the MACD and RSI started to give a sell signal on the 4-hour chart. Resistance is at around 1.3000, and support - at 1.2900.
GBP / USD forecast recommendation 12/05/2017
expected resumption of the bearish pressure. Below the level of 1.2900, the pair GBP / USD, likely target the 1.2800 support.
Forecast forex quotes the dollar, the yen and Technical Analysis USD / JPY on 05/12/2017
USD / JPY pair has consolidated its recent gains near two-month highs at auction Thursday. Pair traded in the flat in a narrow range of 114.00-114.30. According to the 4-hour schedule technical indicators were mainly positive. Resistance is at the level of 115.00, and support - to 114.00.
USD / JPY forecast recommendation 12.05.2017
movement below 114.00 will resume the bearish movement towards the 113.50 mark. However, this alternative option of trading. It is expected that in the medium term majeure pair will remain in the "green" zone.
Forex forecast pair NZD / USD today 12/05/2017
On Thursday the pair NZD / USD dropped sharply at the opening of trading. Buyers have returned some of their losses during the Asian session. However, this morning the bulls have lost their force. Sellers regained control over the market, sending prices to new lows. Technical picture on the 4-hour chart is negative. Resistance is at around 0.6850, and support - at 0.6800.
NZD / USD forecast recommendation 05.12.2017
If selling pressure continues, is not ruled out the chance that the pair will try to reach the level of 0.6800.
Gold Forex analysis and XAU / USD forecast for 05/12/2017
The general mood for gold on Thursday was positive. Asset grew up in the morning and returned half of the losses incurred in the auction environment. At the 4-hour chart 50-EMA-EMA 100 and 200 EMA were negative, whereas RSI and MACD indicated correction. Resistance is at around 1230, and support - to 1220 dollars per ounce.
GOLD (XAU / USD) forecast recommendation 05/12/2017
Mark 1225 stands next possible Target for bulls. If buyers overcome this mark, you can try to raise the quotes in the area in 1230.
Technical analysis iprognoz Brent oil prices today 05/12/2017
The mood in the market was confident bullish on Thursday. Brent crude oil prices continued medium-term uptrend. Buyers break the level of 50.50, and then continue to move up the benchmark. Price tested the area of 51.00 in the late European session. Moving averages are saved bearish bias, whereas RSI and MACD included in the positive zone at the 4-hour schedule. Resistance is at around 51.50, and support - to 50.50 dollars per barrel.
Oil recommendations 05/12/2017
We can expect that the positive sentiment will remain on the market. The main objective of the buyers situated at 51.50 dollars per barrel.
Forecast and Overview DAX index investors on 05.12.2017
On Thursday, trading on the index DAX were neutral. Benchmark was neutral with a tendency to decrease, fixed above the mark 12700. The moving averages are moving upwards, MACD decreased, whereas RSI remained neutral at 4 hourly chart. Resistance is at around 12,800, and support - to 12700.
The forecast DAX recommendations 05.12.2017
In the near future the market is expected pullback. Price aiming for strong support of 12,700, the loss of which would lead to a further decrease.
Technical Analysis NASDAQ forecast investors 12.05.2017
Once during the Asian session has been formed flat, the index NASDAQ mood morning changed to bearish. In the first half of the day the price is reduced, approaching the level of 5660. Technical indicators are mixed. Moving averages are moving upwards, MACD decreased, whereas RSI remained neutral. Resistance is at around 5700, and support - on 5660.
Forecast 12.05.2017 recommendations NASDAQ
confidently struck the mark 5660 will open the way to the area 5620.
Analytical review of the submitted lead analyst broker Fort Financial Services Aleksandrom Kofmanom.
