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Technical analysis and forex forecast for today 02.06.2017: EUR / USD, GBP / USD, USD / JPY, NZD / USD, GOLD

1 june 2017 - Fx4News
Technical analysis and forex forecast for today 02.06.2017: EUR / USD, GBP / USD, USD / JPY, NZD / USD, GOLD

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


In the event of breakdown of the mark in the expected prevalence of 1.12 bullish over bearish. With regards to long-term trading, the key was fixed at 1.15.

 

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Forex Analytics pound and the dollar exchange rate forecast pair GBP / USD on 02/06/2017
 

The British pound initially fell in price on Wednesday, but then, changing direction, forming a large bullish momentum. It can be easily traced unnecessarily price broke the mark of 1.29. Resistance is at 1.2885, support - 1.2845.

 

Forecast GBP / USD recommendation 06/20/2017

If the price continues growth started, then it will be a good sign for the long-term purchase. In the case of the downward movement, the short position will be safe and easy way to trade.

 

 

Forex forecast pair dollar yen exchange rate and Technical Analysis USD / JPY on 02/06/2017
 

During yesterday's session the Japanese yen initially attempted to break the mark of 112.2, but met strong resistance at this mark, the price has moved sharply down to 110.5. Resistance is at 111.05, support - 110.75.


Forecast USD / JPY recommendation 02/06/2017

If there is a breakdown of the price mark up 112.5 this would mean that the likelihood of achieving price levels in 115. A good sign for the long-term trade will be a big jump in prices.

 

 

Forex Technical Analysis NZD Forecast / USD today 06/02/2017

 

The New Zealand dollar held yesterday's session rather quietly. 0.71 mark still gives the resistance, at the same time, a break of this level does not seem so far away. Resistance is at 0.7080, support - 0.7065. 


Forecast NZD / USD recommendation 02/06/2017 

If you happen to breakdown rates below 0.71, then we can consider it as a sign to begin the downward price movement of up to 0.69.

 

 

Forex forecast XAUUSD gold today 02/06/2017
 

At the moment, there are a number of factors around the gold, which is not as strong now, to support the upward movement of the price. It seems that investors expect the publications that could increase volatility, and thus give a boost to the price. Resistance remains at 1272, support - 1265. 


Gold forecast recommendation 02/06/2017

If the same level of support in 1268 will move down, it is likely bears will establish a new level of support at 1259.

 

 

 

 

Analytical review of the submitted broker  Fort Financial Services

 

 

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