Forex Analytics

Euro Dollar Technical Analysis and Forecast 10/28/2016

Blank macroeconomic calendar Thursday in the first half did not bring major changes in the trading of the currency pair EUR / USD. The focus in the US session were reports on the labor market and orders for durable goods in the US. Positive data strengthen the idea of ​​a December rate hike in the United States by increasing demand for the dollar and reducing the appeal of gold.Against this background, the European currency will continue trading under

Forex. Weather 10.28.2016

The main events for today traders:
02.30 MSK. Japan. The consumer price index for September (the previous value of 0.5% y / y; the forecast of 0.5% y / y) 
15.30 MSK. Germany: Consumer Price Index for October (the previous value of 0.7% y / y; the forecast of 0.8% y / y). 
15.30 MSK. USA: Change in GDP in the quarter for Q3 (the previous value of 1.4% q / q, the forecast of 2.5% q / q).

Forex. Currency pair EUR USD forecast EUR / USD today 28/10/2016

EUR / USD Forex Wave analysis and forecast of the euro for the week 31.10 - 04.11 : The downtrend in force. Locally, the euro dollar correction. 

Estimated pivot point is at 1.0880. Our view: Buy a pair of euro dollar correction above 1.0880 level with the aim of 1.1036. In case of breakdown of 1.0880 level, with the aim to sell 1.0770. Alternative: A break and consolidation below the price level of 1.0880 will allow the pair to continue to decline to around 1.0770.

Technical analysis of the euro dollar today 10.31.2016

On the last day of trading, market participants crouched in anticipation of the publication of the report on US GDP for the 3rd quarter, which eventually turned out to be positive, but had no impact on the market. It is worth noting that the euro was limited due to negative data from the euro zone. In addition, the impact on the market has the fact that the FBI resumed its investigation, which is directly related to personal mail Hillary Clinton

Last week, the EURUSD continued its correctional movement. On Monday, during the day the pair failed to consolidate below the support level of 1.0880 and returned to the original level of the opening day. On Tuesday, the EURUSD has shown the minimum price since March 2016, it has rebounded from the 1.0850 support and the end of the week was able to fully win back the fall of the previous week. The EURUSD Friday, testing the resistance level 1.0985, down under it.

GBPUSD The pair had traded for the second week in almost the same range.Week opened at the level of 1.2217. If a strong bearish trend the pair has moved into a correction and it did not manage to consolidate below the support level of 1.2080. After attempting to test the level of the pound rushed up to the 1.2265 resistance, but suffered a fiasco, rolled down again. The week closed just 35 points below the opening.

Bonds - still quite a popular choice among conservative investors. In September, it was possible to observe the inflow of funds into bond funds in the amount of $ 37.9 billion 

As always behave securities before and after the elections? Is there a pattern?If you look at the dynamics of the DJIA since 1900 (source - Bloomberg), that certain patterns can be seen

Results of the last trading day:

On Monday, the euro / dollar closed slightly down. When prices fall to 1.0936, it recovered to the level of 1.0982. The pair rebounded from the minimum after the British pound on news that the head of the Bank of England Governor Mark Carney will remain at his post until the end of June 2019. On Thursday, he will hold a regular meeting of the Bank of England's interest rate. It will be followed protocol and the quarterly report on inflation.

Technical Forex analysis and forecast of the euro dollar today 11.03.2016

On Wednesday, the dollar sank to a minimum of 3 weeks in relation to the EU currency, as the market grew excitement about the results of elections for the presidency, which will be held in the US on 8 November. Meanwhile, the pressure on the euro was mixed data out of Germany, as a result of the growth of a pair of major currencies was suspended.

Technical analysis and forecast of the dollar euro 11/04/2016

On Thursday, the European currency retreated to the US dollar, which resulted in the opening of quotations to the level of the previous session. Change the upward trend on the opposite explained by profit-taking by investors, the fall in prices of cross-pair euro / pound, as well as the strengthening of the dollar due to the recession worries regarding the results of the presidential elections in America.

Forex. Technical EUR / USD forecast for today 11/11/2016

Currency pair EUR / USD has stabilized the currency market on Thursday as fears about the uncertainty of economic and political relations with the United States coming to power of the new Trump replaced by discussions about inflation and stimulate growth economy.

Forex. Weather forecast on 11.11.2016

The main events forex today:

18.00 MSK. US consumer sentiment index from the University of Michigan in November (the previous value of 87.2, forecast 87.4).

Forex. Currency pair EUR USD forecast EUR / USD today 11/11/2016

Greenbacks grow on all fronts: the US currency strengthened and the major competitors, and the currencies of emerging economies. 

EUR / USD Forex Wave analysis and forecast for the week 14.11 - 11.18.2016 :. Expected price growth in the euro dollar 

Estimated pivot point is at 1.0848. 

Our opinion : traders should buy the pair EUR / USD on corrections above the level of 1.0848 with the aim of 1.1274 - . 1.14 

Alternative scenario: a break and consolidation of the euro below 1.0848 will allow the pair EUR / USD to continue to fall to around 1.0770.

Forex. Market forecast weather for the week of 14-18 November 2016

Forex rate forecast gold XAU / USD on the week 14-18.11.2016

Quotes of the metal closed trading last week, a decrease of 5.8%, this is the maximum weeks of the fall of this year. Initially, the media represented by Reuters, Bloomberg and Dow Jones scared the collapse of the American players and a strong increase in gold if he wins Trump on the US presidential election. In fact, everything turned out the opposite!