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Technical analysis and forex forecast for today 11.08.2017: EUR / USD, GBP / USD, USD / JPY, NZD / USD, EUR / JPY, GBP / JPY, XAU / USD, Brent, NASDAQ, DAX

10 august 2017 - Fx4News
Technical analysis and forex forecast for today 11.08.2017: EUR / USD, GBP / USD, USD / JPY, NZD / USD, EUR / JPY, GBP / JPY, XAU / USD, Brent, NASDAQ, DAX

Technical forex forecast the euro to $ ar (EUR / USD) as of today 08/11/2017

 

Sellers continue to hold control over the market. The euro rebounded from 1.1750 and weakened to 1.1700 in the first half of the day. Resistance is located at 1.1750, 1.1700 support level.

Forecast EUR / USD We will maintain a negative attitude towards the pair until it is below 1.1800. Break of 1.1700 will give bears a chance to reach 1.1650.

 

 

 

 

Technical analysis and forecast GBP / USD Sterling today 08/11/2017
 

Lb continues bids within the side structure between 1.2970 and 1.3010. Resistance is at 1.3000, support at 1.2900.


Forecast GBP / USD The pound may rebound from the descending channel's lower border and restored to 1.3100. If the sellers will strengthen its position, Major decline to 1.2950-1.2900.

 

 

 

Technical forex forecast for today, the dollar yen pair USD / JPY on 11/08/2017

 

Downward design securely holds the pair of USD / JPY at its limits. At night asset auction marginally recovered and 110.00 could reach where decayed by upward momentum. He was replaced by interest in sales. Sellers returned a couple at 110.00 and moved to 109.50. Resistance is at 110.00, support lies at 109.00.


Forecast USD / JPY is expected to decline to 109.50 and 109.00.

 

 

 

Technical forex forecast pair NZD / USD today 08/11/2017

 

Recovery of the dollar and the news background NZD posted a knockout, causing quotes the New Zealand dollar fell from 0.7350 to 0.7250. Resistance is located at 0.7300, 0.7250 support level.


Forecast NZD / USD Given the oversold bounce can be expected, or in the area of ​​0.7300-0.7350, or consolidation between 0.7200-0.7300.

 

 

 

Forex forecast for the XAU / USD 11.08.2017 today
 

The price of gold continued to rise on Thursday. The pair XAU / USD finally reached the level of 1280 by the European session. buying pressure remained during the American session. Resistance is located at 1280, support is the level of 1270 dollars per ounce.


Gold prediction: If the buyers will be able to break through 1280, waiting for growth and testing in 1290 dollars per ounce.

 

 

 

Technical analysis of forex Brent 11.08.2017
 

 

Buyers were able to get out of the side of the corridor on Thursday. Bulls struck 52.50 in the morning and headed to 53.50. Resistance is located at 53.50, support is the level of 52.50 dollars per barrel.


Forecast Brent If buyers remain at the helm, they can continue to move north and to reach 53.50 in the near future.

 

 

 

Analysis and forecast DAX 11.08.2017
 

Index continued trading in negative territory on Thursday with the start of the day. sellers morning stormed the level of 12100 and sent quotes to 12050. Resistance is located at 12200, 12100 support level.


Forecast DAX Judging by the movement of prices, sellers intention to achieve a strong psychological level of 12,000.

 

 

 

Analytics and forecast NASDAQ 11.08.2017 investors

 

NASDAQ night came under pressure. First, the index fell to 5900, but the sellers did not stop there and tested the mark of 5880. Resistance is located at 5900, 5860 support level.

A close below 5860 increases the chances of testing 5820 support.

 

 

Technical forex forecast pair pound JPY GBP / JPY today 08/11/2017

 

Pound bounced from 142.00 to 143.00 and recovered. In the area of ​​143.00 buyers lost the initiative and, as a result, the market has changed the tone positive to negative in the middle of the Asian session. The pair retreated from recent highs, returned to the level of 143.00, and reached 142.50 for dinner. Resistance lies at 143.00, 142.00 support level.

From a couple we expect continuation of decrease and the level of testing 142.00.

 

 

Technical analysis and forex forecast for the euro, the yen EUR / JPY on 08/11/2017

 

The euro continued its decline on Thursday. Major bounced from 129.50 to 128.50 and decreased. Resistance lies at 129.00, 128.50 support level.

If the sellers will be able to take possession of 128.50, the price may fall to 127.00. 

 

 

 

Analytical review of the submitted broker  Fort Financial Services

 

 

 

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