Technical analysis and forex forecast for today 04.07.2017: EUR / USD, GBP / USD, USD / JPY, GBP / JPY, EUR / JPY, NZD / USD, XAU / USD, Brent, DAX, S & P500
Forex Technical analysis and forecasts of the euro dollar (EUR / USD) as of today 07/04/2017
Bulls met an obstacle at the level of 1.1450, and were forced to withdraw last week. The euro continued to lose ground on Monday. Sellers 1.1400 struck on the night and went to the auction 1.1350. Resistance is located at 1.1400, 1.1350 support level.
Forecast EUR / USD today 04/07/2017: The pair is still in an uptrend. The current decline we see as a corrective. Asset can test the 1.1350-1.1330 area, where the bulls are likely to find support.
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Forex analytics and forecast the pound dollar GBP / USD on 07/04/2017
The last days of the pound is trading in different directions. Inability to overcome 1.3000 level has led to a rollback and the loss of the position of the buyers. The pair GBP / USD started the day above the level of 1.3000, and, immediately after the opening, fell. The British pound broke said level in morning trading and continued down thereafter. Resistance is located at 1.3000, 1.2900 support level.
Forecast GBP / USD today 07/04/2017 : We believe that the bulls regain control over the market. However, they need time to regroup. The pair may fall back to 1.2940-1.2900 in the coming session.
Forex forecast for today the dollar yen pair USD / JPY on 04/07/2017
On Monday, a couple of majors continued recovery and completely leveled the loss last week. Buyers pushed from 112.00 in the Asian session and moved north. By lunchtime, the bulls have reached the 113.00 resistance. Resistance is at 113.00, support lies at 112.00.
Forecast USD / JPY at sgodnya 04/07/2017 : According to our forecasts, the bulls continue to continue to control the market. In case of successful completion of 113.00, shoppers will open the way to 113.50.
Technical analysis and forex forecast pair pound Yen (GBP / JPY) today 07/04/2017
The pair GBP / JPY is still in the medium-term rising channel. In the morning the bulls were able to move to the level of 147.00, but is temporarily retreated, met resistance bears. Buyers regrouped at 146.50 and in the afternoon, returned to the market. Resistance lies at 147.00, 146.00 support level.
Forecast GBP / JPY 04/07/2017 : In the near future the pair GBP / JPY, will likely continue to rise. The first target customers - 147.00, above their target will be 148.00.
Technical analysis of the euro, the yen and forex forecast EUR / JPY today 07/04/2017
The level of 128.50 has become the way of the buyers. Above that price I could not go, and remained near that level throughout the day. Resistance lies at 128.50, 128.00 support level.
Forecast EUR / JPY 04.07.2017: Despite the difficulties, the trend remains upward. We believe that the level of 128.50 will be passed and the asset will move to 129.00.
Technical analysts forecast Forex NZD / USD today 04/07/2017
The pair NZD / USD failed to extend gains on Monday. Asset only able to test 0.7350 in the Asian session, the market mood swings. Bears took control in their own hands and moved a couple of currencies down. In the middle of the European session the kiwi quotations reached 0.7300. Resistance is located at 0.7350, 0.7300 support level.
Forecast NZD / USD 04.07.2017: A pair of currencies is still in the uplink. Price only rebounded from its upper border. If the pressure continues, the price will test 0.7250. Otherwise, the price growth will occur in the direction of the current maximum.
Technical analysis and gold XAU / USD forecast for today 04/07/2017
The market is still under the control of the sellers. Bears struck in 1240 at night, and then went on down the metal quotations. Throughout the night and morning, gold declined, reaching 1233 for dinner. Resistance is located at 1240 support level 1230 dollars per ounce.
Forecast gold on 04/07/2017: Sellers managed to get a strong enough support - 1240. Another bastion of buyers fell, gold prices today opened the road to 1220 dollars per ounce.
Technical analysis and forecast of the oil price Brent 04.07.2017
Brent began the day a gap up. Prices jumped from 47.86 to 48.93 dollars per barrel. During the night, the buyers were able to move the price up a bit by setting a daily high at 49.14. After that, the benchmark started to weaken, returning to 48.50. Resistance is located at 49.50, support is the level of 48.50 dollars per barrel.
Oil Forecast 04.07.2017: Who bears will try to close the gap night. Raw material prices may fall below 48.50 dollars per barrel. However, if this week, the market situation does not change, we can expect a return to growth.
Investors forecast the DAX today 07/04/2017
DAX index started the week in different directions. Index opened gap down and spent the night in the area 12320. In the morning prices jumped again, this time up to the level of 12400. The first half of the day the German index quotes remain near this level, trying unsuccessfully to continue to grow. Resistance is located at 12400, 12300 support level.
DAX forecast on 04.07.2017 : Save the buyer control and the index could test 12350. However, judging by the Price Action, the price continues to be under pressure. And if the pressure continues, DAX once again go to 12300.
Analytics and forecast S & P500 today 07/04/2017
Week, the index started on a positive note. Rebounding from 2420, prices headed north and, at the end of the European session, could reach 2429. Resistance is located at 2440, support is the level of 2420 dollars per ounce.
S & P500 Forecast 04/07/2017 : Despite the rise, the S & P500 remains under pressure. According to our forecasts, the bears return to the market in the near future. Their goal - a mark in 2420.
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