Forex Analytics

Technical outlook EURUSD 19.04.2017:

Euro negatively adjusted to the US dollar after a sharp rise. Bulls successfully tested the previous resistance level of 1.0676, turning it into a support and fixed the price of a new local maximum of 1.0735, in which case the penetration, we recommend to open long positions with a mark of 1.0745. Most market participants are selling the euro and await its downward dynamics (67.39% and 32.61% selling buying). Momentum characterizes the average velocity inside the trend of the day (100.24%). Line Stochastic abroad pereprodannosti zone (3.35%) and MACD indicator above zero when growing up the bars, which gives a signal to buy. Bollinger bands formed advanced volatility channel. If prices continue to decline, we recommend to sell the euro at the level of 1.0665 after breaking through support near 1.0676.

Technical analysts forecast forex euro dollar (EUR / USD) as of today 21/04/2017

The euro yesterday in the forex trading is trading with an increase in greenbacks. In the Asian session, the pair strayed from 1.0700-10 support, the euro broke through the level of 1.0730 buyers, and the EUR / USD pair rushed to the resistance 1.0770, reaching 1.0777 high. Support kept the bulls head and quotations dropped to a mark of 1.0750, where the bulls once again undertook an attempt to attack the support 1.0770, but the level again resisted, and the euro / dollar fell below 1.0730 support having lost all its positions.

Forex Events today:

10:30 MSK. Germany: PMI in the manufacturing sector for April (the previous value of 58.3, forecast 58.1).

11:30 MSK. United Kingdom: The retail volume, taking into account the cost of fuel for April (the previous value of 3.7% y / y, forecast 3.4% y / y).

17:00 MSK. USA: Sales of housing on the secondary market in March (the previous value of -3.7% m / m forecast 2.1% m / m).

Forex. Euro Dollar EUR / USD forecast for today 04/21/2017

Wave analysis and forex forecast EUR / USD on the week 24.04 - 04.28.2017: EUR / USD - traders should wait for decline.

Estimated pivot point is at 1.0776.

Technical analysts forecast forex euro dollar (EUR / USD) as of today 24/04/2017

Forex Technical Analysis and forecast of the euro dollar today 04.24.2017

After the recent sales EUR / USD is the beginning of a consolidation phase. Monetary instrument found strong support at 1.0700 and remained close to that level. Sellers seem to gather strength for the development of a downward movement in an attempt to overcome this mark. Resistance is at 1.0750, and support - at 1.0700.

Forex Events for today:

17:00 MSK. US: Consumer confidence indicator in April (previous value of 125.6; 123.7 forecast).

Forex. Euro Dollar EUR / USD forecast for today 04/25/2017

Two reasons for traders to wait for depreciation of the euro:

First , European stock indices CAC40 and the DAX30 storm new heights, which usually has a negative impact on the euro as a funding currency. Between the euro and the European indices, the reverse is a strong correlation, as the ECB in the second half of 2014 launched incentive program

Technical analysts forecast forex euro dollar (EUR / USD) as of today 26/04/2017

On Tuesday, the auction forex currency market, as predicted by the forex forecast for April 25 euro / dollar, after consolidation and increased breaking resistance level 1.0900 has continued to increase the resistance 1.0950, which stopped the attack buyers.

Forex Today's Highlights:

17:30 MSK. US data on crude oil inventories from the Department of Energy in April (previous value -1,034M; -1,300M forecast).

Euro Dollar EUR / USD forecast for today 04/26/2017

Technical analysts forecast forex euro dollar (EUR / USD) as of today 27/04/2017

In Wednesday trading on the currency market the euro, the dollar began to decline from resistance level 1.0950, as predicted by forex forecast on April 26 . EUR / USD is slightly adjusted to the level of 1.0930, where the buyers decided to re-test the resistance 1.0950, but failed to beat his bulls. Bears took the lead and went to the quotes of Euro-currency support 1.0900, breaking through the level buyers were fixed and the euro / dollar fell to 1.0850 support area, where there was a rebound and the pair started to be adjusted upward to the 1.0900 -10.

Forex Events today:

• 09.30 MSK. Japan: Press Conference of the Bank of Japan.
• 15:30 MSK. Eurozone: ECB Press Conference.
• 15:30 MSK. USA: Change in orders for durable goods in March (the previous value of 1.7% m / m forecast 1.5% m / m).

Eur usd forex forecast EUR / USD at today 27/04/2017

In today's market the main newsmaker Mario Draghi, at 15.30 MSK scheduled press conference. In which Super Mario is likely draws investors' attention to core inflation slowing to a minimum in the last 11 months, and will point to the risk of CPI decline in the short term due to lower prices for black gold. If in January-February Brent traded in the range 55-58,5 $ / barrel, but now the range has shifted to 50-55 $ / barrel.

Technical analyst and forex euro dollar forecast (EUR / USD) as of today 28/04/2017

Thursday's euro currency market began a slight increase against the greenback, 1.0900 buyers punched and tried to move the price back to 1.0950, but above the level of 1.0930 the EUR / USD failed to rise, and as suggested by forex forecast on 04.26.2017 , beginning decrease, which also facilitated by performance, Mario Draghi, to which the players were ready. Euro dollar quotes declined to 1.0900 support, sellers confident level struck and moved lower to 1.0840 - 50. Support has kept the bears, and the euro retreated to 1.0880 skonsolidirovalsya

Forex Events today:

02.30 MSK. Japan: Consumer Price Index (the previous value of 0.3% y / y, forecast 0.3% y / y).

12.00 MSK. Eurozone: Consumer Price Index (the previous value of 1.5% y / y, forecast 1.8% y / y).

15:30 MSK. USA: Change of GDP for the quarter in Q1 (the previous value of 2.1% q / q; forecast 1.3% q / q).

EUR / USD EUR USD forecast for today 28/04/2017

Wave analysis and forex forecast EUR / USD on the week 01.05 - 05.05.2017: Bullish Euro Dollar pair remains in force.

Estimated pivot point is at 1.0849.