Forex Analytics

Technical analyst and EURUSD Forecast : Euro tries to continue its growth against the US dollar. Bears were not able to successfully test the next support level of 1.1074, however, if they succeed, we recommend to sell the euro at the level of 1.1060. Most market participants continue to hold short positions and wait for the downward dynamics of the asset (81.52% and 18.48% selling buying). Momentum characterizes the average velocity inside the trend of the day (99.75%). Stochastic line is close to the border zone perekuplennosti (78.51%) and MACD indicator below zero when growing down bars that gives a signal to sell. Bollinger bands forming a slight narrowing channel volatility. If prices continue to rise, the recombination enduem buy euros at the level of 1.1220 after breaking through the 1.1205 resistance.

Wave Analysis forex euro dollar and forecast EUR / USD on the week 22.05 - 05.26.2017 : Trend growth is maintained.

Estimated pivot point is at 1.1079.

Analysis EUR / USD : In the graph four hour time frame, presumably, formation of the third wave senior iii of 3. At this point, apparently, there is a development of the rising pulse as a third wave junior level (iii) of iii of 3. if the assumption is true, then the pair will continue to grow to the marks of 1.1300 - 1.1350. Critical for this scenario could be the level of 1.1079, breaking which the pair may continue to decline in the framework of a downward correction to the level of 1.1013.

Alternative scenario: A break and consolidation rates EUR / USD below 1.1079 will allow the pair EUR / USD to continue to fall to around 1.1013 in the correction.

Our view : Buy EUR / USD on corrections above the level of 1.1079 with the aim of 1.1300 - 1.1350.

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.

Technical analysis and forecast for EURUSD today 05/24/2017

EURUSD struggled to 1.12 and mark the end of trading for the day yet achieved its goal, although further 1.1220 could not move. Despite the rebound, the momentum indicator on the daily chart continues to point south. Meanwhile, on the hourly timeframe shorter moving average crossed long from top to bottom. All this, coupled with conflicting technical signals in the short-term charts suggests continued downward risks. So, in the near future price risks back under 1.12 mark to the nearest target at 1.1170, where the yesterday's intraday low.

Technical analysis and forecast for EURUSD today 05/26/2017

Attempts to strengthen the EURUSD capped at 1.1250. At the moment the price went under the mark, but still managed to defend this level, though, and finished trading with a small loss. On the daily chart momentum indicator slightly increased the downward momentum, but overall the technical picture looks more neutral. Quotes are not able to gain a foothold above the 20- and 100-hour moving average, and this indicates a limited potential for growth in the euro in the short term. In case of loss of the psychological 1.12 level of pressure on the pair will increase, but a decrease is likely to be moderate.

Wave analysis of the euro, the dollar and forex forecast EUR / USD on the week 29.05 - 06.02.2017 : Bullish EUR / USD pair stands.

Estimated pivot point is at 1.1164.

Forex Technical Analysis and forecast of the euro dollar (EUR / USD) as of today 30/05/2017

In view of today's output in the United States, China and Britain expected low volatility and liquidity. Resistance remain at 1.1200, support - 1.1160.

EUR / USD forecast recommendation 30/05/2017

This week should be interesting due to the end of the current and the beginning of a new month. As for today, the release of any important news is not expected.

Technical analysis and forex forecast for EURUSD 30.05.2017

The euro did not dare to storm the mark of 1.12 and ended the day flat. On the hourly chart has formed a neutral technical picture - the indicators do not show clearly the set motion vector, located in the middle of lines area. However, a short moving average crossed long from top to bottom, indicating the presence of downside risks, as well as the inability of the pair to return above 20-SMA on the 4-hour timeframe, which is located near the psychological mark of 1.12. This area is still acting as a near-term resistance.

Forex Technical Analysis and forecast of the euro dollar (EUR / USD) as of today 31/05/2017

Yesterday's session was fairly quiet for the eurodollar. Evening the speech of the Chairman of the EU bank Draghi also did not have a strong influence. Resistance is at 1.1165, support 1.1115.

Forecast EUR / USD recommendation 05/31/2017

As for today, is expected important news from Germany and the USA, which can give impetus to the growth of volatility in the market.

Forex Technical Analysis and forecast of the euro dollar (EUR / USD) as of today 06/02/2017

EURUSD moved up sharply, reaching the final at 1.12, implying that kickbacks may serve as an impetus for further growth. Resistance is at 1.1250, support - 1.1230.

Forecast EUR / USD recommendation 02/06/2017

Wave analysis of the EUR USD and FX EUR / USD forecast for the week 05.06 - 06.09.2017: The uptrend in EUR / USD strength.

Estimated pivot point is at 1.1161.

Analysis EUR / USD : In the four hour time frame, presumably, development of senior level third wave 3. At this point, apparently, formed upward momentum in the third wave of junior level iii of 3, in which the wave (v develops ). If the assumption is true, then the pair will continue to grow to the marks of 1.1300 - 1.1350. Critical for this scenario could be the level of 1.1161.

Wave analysis of the EUR / USD and forex forecast EUR / USD on the week 12.06 - 06.16.2017 Traders should wait for the euro decline.

Estimated pivot point is at 1.1286.

Forex Technical Analysis and forecast of the euro dollar (EUR / USD) as of today 12/06/2017

On Thursday, the euro-dollar moved down from the opening of trading, reaching 1.12 and closer to closing, found the level of support in the same range. Resistance is at 1.1235, support - 1.118


Forecast EUR / USD recommendation 12.6.2017