The technical outlook for euro dollar exchange rate (EUR / USD) tomorrow 08.08.2017
The euro sank heavily on Friday, losing a day more than a hundred points. Major broke 1.1850, 1.1800 and 1.1750 tested. Despite such a sharp drawdown, the asset is still in the uplink, although it is at the lower boundary. On Monday, the euro partially recovered, rising in the morning to 1.1800. Resistance is located at 1.1800, 1.1750 support level.
We believe that the decline in the single currency will continue. The euro may fall to 1.1650.
Technical analysis and GBP / USD Sterling forecast for today 08/08/2017
at the pound continued to decline last week. Sellers struck 1.3100 and very close to 1.3000. In the area of customer resistance level stopped the British currency at 1.3030, where the pair GBP / USD and held Monday. Resistance is at 1.3100, support at 1.3000.
The pound is about to leave and uplink. Promotion under 1.3000 will strengthen sellers, enabling them to reach 1.2900.
Technical forex forecast for today, the dollar yen pair USD / JPY on 08/08/2017
Buy orders near 110.00 helped the dollar recover some of its recent losses. Rebounding from this level, the price rose to 111.00, where were all on Monday. Resistance is at 111.00, support lies at 110.00.
A daily close above 111.00 could lead to a further weakening of the yen. In this case, the market will tend to 111.50.
Technical forex forecast pair pound JPY GBP / JPY today 08/08/2017
Sellers still control the market. On they managed to take control of the bulls and returned last week s pound at 145.00. After, they lowered the market to 144.00. In the area of 144.00 shoppers fought off a couple up. Resistance lies at 145.00, 144.00 support level.
We believe that it is worth waiting for further reduction in the pound. After gaining control of 144.00, shoppers will head to 143.00.
Technical analysis and forex forecast for the euro, the yen EUR / JPY on 08/08/2017
Rebounding from the upper boundary of the uplink 131.00, euro / yen dropped to its lower boundary 130.00. Level to halt the decline, having beaten the prices up. Asset leveled most of Friday's losses on Monday. Resistance is at 131.00, support at 130.50.
Bear pulse will likely continue. To start the bears have to capture 130.00 after which weakness towards 129.00 is possible.
Technical forex forecast pair USD / CAD 08.08.2017
The dollar continues its recovery, which began last week. Recall that the major broke 1.2600 and toward 1.2700 on Friday. To the level of the asset is not reached, and continued growth on Monday. Resistance is located at 1.2700, 1.2600 support level.
If the currency pair consolidates above 1.2600, growth is possible to 1.2700-1.2730.
Forex forecast for today XAU / USD 08.08.2017
Bulls lost control Friday, giving way to the championship sellers. The market changed direction and hit 1260, then continued to fall, stopping only to 1255 dollars per ounce. Touching the mark 1255, gold price retreated and recovered to 1260, where they held Monday. Resistance is located at 1260, support level of $ 1250 per ounce.
To keep the market in their hands, bears should consolidate below 1250, after which progress towards 1245 is possible.
Technical analysis of forex 8.8.2017 of Brent
of Brent continued trading in sideways channel 52.50-51.50 Monday. Starting bids at its upper limit, by lunchtime, oil prices fell to 51.50 dollars per barrel. Resistance is located at 52.50, support level of 51.50 dollars per barrel.
Now the market is determined by the further direction. For this reason, we do not sell, waiting for strong signals.
Analysis and forecast of 08/08/2017 the DAX
the DAX started the week positively, attack on 12300. True buyers only tested the level, but have not been able to gain a foothold above it. After this unsuccessful attempt, the bears returned control of himself, poisoning prices under 12,300 and in the afternoon reached 12200. Resistance is located at 12300, is the level of support 12200.
If selling pressure will continue waiting for the break 12,200.
Analytics and forecast investors & P500 08/08/2017 the S
the S & P500 is neutral on Monday. The index is in a narrow sideways channel 2470-2475. Resistance is located at 2480, support is the level of 2460.
While the market is determined by the direction, we will refrain from bidding.
Analytical review of the submitted broker Fort Financial Services
