Forex Analytics

Wave analysis of the euro, the dollar and forex forecast for the week 30.01 - 03.02 : expected decrease in pair EUR / USD. 

Estimated pivot point is at 1.0770. 

Our opinion: Sell EUR / USD pair from correction below 1.0770 with the aim of 1.0450 - 1.0350. 

Alternative scenario: A break and consolidation above the price level of 1.0770 will allow the pair EUR / USD to continue to grow to marks 1.0800 - 1.0856.

Gold XAU / USD forecast for the week 30.01.- 02.03.2017: Investor Relations - two reasons to sell!

The first reason, the strong upward trend in global stock markets are traditionally a negative impact on the precious metal value, since gold is perceived by investors as a "safe asset".

Technical analysis and forex forecast for the euro dollar (EUR / USD) as of today 31/01/2017

Spain's GDP came out at the forecast level, but the euro, this news is not supported. The focus of the market performance of the future European Central Bank head, as well as a report on the German labor market, which is expected to increase the number of unemployed. potreb Index. prices in the euro area is also expected with the growth.

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Events forex investors today:

Japan Interest Rate Decision The Bank of Japan in January (previous value of -0.10%, -0.10% forecast).

Forex. The euro dollar EUR / USD forecast for today 31/01/2017

On Tuesday, trading forex is not expected to yield important macroeconomic statistics, today the trading day should be considered as a preparation before a strong movement of quotations on the Fed's decision on interest rates on February 1.

Forex news traders today:

12:30 MSK. United Kingdom: PMI index for the services sector in January (the previous value of 56.2, forecast 55.8).

16.30 MSK. US unemployment rate in January (the previous value of 54.2, forecast 53.9).

16.30 MSK. USA: Change the number of people employed in non-agricultural sector in January (previous value of 156K; 170K forecast).

18.00 MSK. US: ISM composite index for the production sphere in January (the previous value of 57.2, forecast 57.0).

Forex. Forecast EUR USD EUR / USD today 02/03/2017

As usual on the first Friday of the month investors waiting for Non-Farm. Traders often look forward to this day, as on the foreign exchange market there is a strong movement. What is the trend in the dollar, players can see today?

Technical analysis and forex forecast for the euro dollar (EUR / USD) as of today 03/02/2017

The growth of quotations on the eve of the euro was due to positive data from Spain showed a reduction in the number of unemployed, as well as taking advantage of dollar sales after the FOMC meeting. The main event of the day was the performance of the ECB Mario Draghi.

Technical analysis and forex forecast for the euro dollar (EUR / USD) as of today 17/02/2017

On Thursday it became known that employment in Germany grew weaker pace during the period of the fourth quarter of last year. At the same time in France, the unemployment rate fell, but fell short of forecasts. However, the European currency gained some ground against the backdrop of flagging dollar, as investors decided to take profits after active buying.
 

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Wave analysis of the euro, the dollar and forex forecast for the week 13.03 - 03.17.2017 : EUR / USD - Euro reduce the likelihood persists. 

Estimated pivot point is at 1.0614. 

Alternative EUR / USD : A break and consolidation above the price level of 1.0614 will allow the pair to continue to grow to around 1.0660 - 1.0700.

Our opinion : Sell EUR / USD pair from correction below 1.0614 with the aim of 1.0420.

Gold XAU / USD forecast for the week 13 - 17 March 2017

The beginning of spring for the precious metal held in the "red". Over the last two weeks of trading gold has fallen in price by 4.16%. In the coming week, I expect the downtrend to continue.

First , strong economic data from the US can count on employment growth, as the US stock market and the dollar, which in turn is a strong negative factor for the yellow metal. When stocks are rising and the dollar, investors rush to get rid of gold.

Forex. Euro Dollar EUR / USD forecast for today 03/13/2017

The euro last two trading days of ignoring the negative news background. American statistics on employment exceeded the expectations of market participants, even though at this greenbacks dividends received. Non-Farm in February were at a level of 235 thousand. People, and up to two months at the level of 473 thousand. People, which is 30.3% more than the year before. Two months in a row indicator is above the level of 200 thousand., That indicates the acceleration of economic growth. Futures on the rate the Federal Reserve, which until employment data showed a 88% chance to increase the key rate at a meeting on March 15 after a report showed growth to 93%. Thus, the market expects the FOMC interest rate increase.

Technical analysis and forex forecast for the euro dollar (EUR / USD) as of today 14/03/2017

On Monday, the European currency in the pair with the US dollar rose to a maximum of 4 weeks. Support for the pair have the statements of officials of the ECB about the possible rate hike before the closing asset purchase program. Strengthening the currency instrument will continue, if it becomes known about the growth of the index of economic sentiment in Germany, provided by the ZEW institute.

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Events forex today:

16.30 MSK. United States: Producer price index for February (the previous value of 1.6% y / y; the forecast of 1.9% y / y).

Forex. Euro Dollar EUR / USD forecast for today 03/14/2017

The first trading day of the week the single currency completed in the "red zone", and today, it is likely this trend will continue. For the fall of the euro, there are two good reasons.

First , investors continue to buy shares on the leading stock exchanges that, in turn, is negative for the euro as a funding currency.

Second, today the United States will publish the release on the PPI, which may please investors by strong data on the background of rising energy prices.

Technical analysis and forex forecast the euro dollar exchange rate (EUR / USD) as of today 03/15/2017

On Tuesday it became aware of the increase in consumer prices in Germany, as predicted by experts. Note that the index peaked in August 2012. It is unlikely that the acceleration of inflation in the first of the EU economy and the rest of the world will be a key factor for deciding to change the monetary policy of the ECB.
 

Events forex news today:

12:30 MSK. United Kingdom: Unemployment rate in January (the previous value of 4.8%, forecast 4.8%).

15.30 MSK. US: Consumer Price Index for February (the previous value of 2.5% y / y; the forecast of 2.6% y / y).

15.30 MSK. US: Retail Sales for February (previous value of 0.4% m / m forecast 0.2% m / m).

21.00 MSK. US: FOMC decision on the basic interest rate in February (previous value of <0.75%, the forecast <1.00%).

Forex. Euro dollar forecast EUR / USD nasegodnya 15/03/2017
 

Traders who have not yet had time to buy tickets to the south - now you have the last chance! Players forex worth waiting for strong sales in the euro. Blame is the positive US economic data. Let's start from the beginning. Yesterday's strong report on producer price index indicates that today, inflation in the US will be released at or slightly better than expected median. The growth of the consumer price index will force the Fed to increase interest rates. In general, the market expects that the "committee members" go to such a move - futures on a bet the Fed shows 93% chance of tightening monetary policy. Against this background, it is possible to expect falling of yield spreads on 10-year German government bonds and US, embolden the bears at building "shorts".

Technical analysis and forex forecast the euro dollar exchange rate (EUR / USD) as of today 03/17/2017

The euro has stabilized at a maximum in the past month against the US dollar on the news that the Liberals win in the Netherlands. As shown by the report, consumer prices in the euro area remained unchanged in comparison with the previous year and in line with the forecasts of experts.