Forex Technical analysis and forecasts of the euro dollar (EUR / USD) as of today 07/03/2017
Upon reaching the ceiling this week, 1.1450 euro / dollar pulled back down in the first half Friday. By lunchtime, the price reached a level of 1.1400, which delayed its decline. In general, the asset is in the medium-term ascending channel, having departed on Friday from its upper border. Current support - 1.1400, resistance - 1.1450.
Forecast EUR / USD 03.07.2017: Moving Averages on the 4-hour chart continue to move north. MACD reduced, Stochastic overbought reached.
Now the players on the euro should not expect pullback to 1.1350 - 1.1330. The general trend - upwards.
Get no deposit bonus! Start trading!
Forex analytics and forecast the pound dollar GBP / USD on 07/03/2017
On Friday Asian session pound reached multi-month high at 1.3028, and then the price reversed and moved down. In the absence of any fundamental data this movement, most likely, the correction on profit taking. Ahead of the weekend, and small speculators tend to retain earnings. The pair broke the 1.3000 level this morning and began to consolidate in his district. But by lunchtime it continued downward movement. Ongoing support - 1.2900, resistance - 1.3000.
Forecast GBP / USD 07.03.2017 : EMA50 cross EMA100 start up - the players standing on pound rassmetrivat buy signal. MACD reduced, Stochastic overbought.
The pound hit a strong resistance level. It is unlikely that the pair breaks it immediately. Expect rollback to 29th FIG then may resume growth attempts.
Forex forecast for today the dollar yen pair USD / JPY on 03/07/2017
After a sharp drop Thursday pair USD / JPY be in a narrow range in the area of 112.00. The price reached the support medium-term ascending channel, which hold back the tide bears. Ongoing Support - 112.00 Resistance - 113.00
Moving averages show mixed trends. Thus EMA50 EMA100 and directed upwards. In addition, EMA50 acts as a support for the asset. EMA200 downwards.
Prediction USD / JPY 03.07.2017: MACD decreases, whereas Stochastic rebounded from oversold.
While not breached 112.00 level we hold purchases. The purpose of the old customers - 113.00.
Forex forecast on the Canadian Dollar USD / CAD on 03/07/2017
asset decline has stopped in the area of 1.3000. Reaching a level of wed couple spent two days in an attempt to break below. Bears managed to break the defense of the bulls on Friday night, but it is far from the level of the sellers could not move. Now the price is at around 1.2970. Ongoing support - 1.2900, resistance - 1.3000.
Forecast USD / CAD 03.07.2017: Moving Averages on the 4-hour timeframe confidently look down. MACD is in the negative zone. Stochastic entrenched in oversold zone.
We expect continued decline and testing 1.2900.
Forex forecast rate of gold (XAU / USD) as of today 07/03/2017
A pair XAU / USD decreases in the medium downlink. Thursday pair rebounded from its upper boundary and Friday noon storms lower boundary of the channel. Ongoing support - 1240, the resistance - 1250.
EMA50 EMA100 and downward direction. EMA200 looking up. MACD is in the negative zone. Stochastic is in the oversold zone.
Forecast XAU / USD 07.03.2017 : We expect another test of support 1240. If successful retailers will open the road to 1230. The failure of the sellers return asset upward momentum. In this case, we expect a retest of $ 1250 per ounce.
Analytical review of the submitted broker Fort Financial Services
