The technical outlook for euro dollar (EUR / USD) exchange rate for today 08/10/2017
Sellers struck 1.1800, 1.1750 and tested the 1.1700 on Tuesday. To gain a foothold in the region of 1.1700 it failed and at night they retreated to 1.1750. On Wednesday, the pressure on the euro preserve moose, effort early in the morning. Impetus to sales sent the market to 1.1700. Resistance is located at 1.1750, 1.1700 support level.
We prefer to sell now. Breakdown level 1.1700 opens the door to 1.1600 .
Technical analysis and forecast GBP / USD Sterling today 08/10/2017
Sellers momentum lost to decrease in environment. After testing 1.3000 and did not find the strength to push prices lower, they retreated. As a result, the pair GBP / USD grown, tested below 1.3000. Resistance is at 1.3100, support at 1.3000.
We believe that the pound will remain under pressure next few days. The first goal of the bears - 1.3000. Below their expected level of 1.2900 and 1.2850.
Technical forex forecast for today, the dollar yen pair USD / JPY on 08/10/2017
The US dollar continues to lose ground against the Japanese yen. On Wednesday morning, the pair will continue to move to the south, after a short pause the night. Bears pushed off from 110.00 to 109.50 and went. Resistance is at 110.00, support lies at 109.00.
According to Price Action US currency will remain under pressure. Thus, we are waiting for test 109.00 in the near future
Technical forex forecast pair pound JPY GBP / JPY today 08/10/2017
Bearish tone has retained its strength in the pair GBP / JPY on Wednesday. Sellers reached 143.00, but the master level and could not. Most of the day the currency pair spent most of the day near 143.00.
An asset is oversold, expect pullback and consolidation. Bears need time to gather strength for a new leap down.
Technical analysis and forex forecast for the euro, the yen EUR / JPY on 08/10/2017
The euro resumed its decline on Wednesday. Growth attempt was stopped by the bears in the area of 129.50. They launched the market, sending it to 128.50 later. Resistance lies at 129.00, 128.50 support level.
Bears completely control the market right now. When a new attack on the 128.50 they have a chance to break the level and reduce the market to 128.00.
Technical forex forecast pair USD / CAD 10.08.2017
US dollar in tandem with the Canadian continued trading in sideways 1.2700-1.2650. Resistance is located at 1.2700, 1.2600 support level.
The current trend in the market speaks in favor of shopping. We are waiting for capture and further growth 1.2700 to 1.2800.
Forex forecast for the XAU / USD 10.08.2017 today
On Wednesday, gold continued its recovery, which began on Tuesday. The pair XAU / USD rebounded from 1260, and rushed back to 1270, reaching a level for dinner. Resistance is located at 1270 support level of $ 1260 per ounce.
Once the asset is to consolidate above 1265 we will be able to talk about the purchases back to 1270 dollars per ounce.
Technical analysis of forex Brent 10.08.2017
The price of Brent crude oil is still in between 52.50 and 51.50. Resistance is located at 52.50, support level of 51.50 dollars per barrel.
The fact that consumers can not take 52.50 does not speak in their favor. If the situation does not change, the market possess the sellers who will direct it to 50.50.
Analysis and forecast DAX 10.08.2017
DAX started Wednesday a gap down. The price jumped from 12300 to 12200. The Bears continued to move the price to 12,100 and reached a level at the end of the European session. Resistance is located at 12200, 12100 support level.
Path to 12,000 is through 12100. Once buyers strikes this barrier market will continue to descend.
Analysis and prognosis investors S & P500 10.08.2017
Trying to master the bulls in 2480 it was stopped by bears. As a result, the price has fallen sharply, and for the night and morning trading reached in 2460, where he remained afterwards.
Return under the 2480 speaks in favor of sales to 2460-2450.
Analytical review of the submitted broker Fort Financial Services
