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Technical analysis and forex forecast for today 23.05.2017: EUR / USD, GBP / USD, USD / JPY

23 may 2017 - Fx4News
Technical analysis and forex forecast for today 23.05.2017: EUR / USD, GBP / USD, USD / JPY

Forex Technical Analysis and forecast of the euro dollar (EUR / USD) as of today 23/05/2017

 

Monday's trading the euro on Tuesday in tandem with the American held steady growth. After the opening of the bidding price several times tested the level of 1.1210, but the break the mark buyers are not able to, and EUR / USD rollback to the support 1.1150, where "bulls" again went on the attack and this time successfully. Quotes entrenched above 1.1210, and the pair rose to 1.1270 where consolidation has begun, at the rate fell to around 1.1240-50

 

EUR / USD forecast recommendation 23/05/2017

 

Traders on the euro dollar May 23 should expect an increase in EUR / USD to 1.1270 and higher after the correction to 1.1210-00. Alternative sample 1.1200 and securing lower prices will allow bears to test the level of 1.1150

 

 

 

Forex Analytics pound and the dollar exchange rate forecast pair GBP / USD on 05/23/2017
 

The Briton began the trading week lower in Asian trade, sterling price fell to 1.2970, where the bulls began to buy a pound and quotes again rushed to the mark of 1.3050, resistance kept the pound and the price retreated to 1.3000

 

GBP / USD forecast recommendation 23/05/2017

 

Traders on the GBP / USD pair on May 23 should not expect sideways trading in the range 1.3050 - 1.2950. The direction of movement will dollar pair pound sample and binding above or below these levels.

 

 

Forex forecast pair dollar yen exchange rate and Technical Analysis USD / JPY on 05/23/2017
 

USD / JPY is trading Monday held the flat in a narrow limited range of 111.60 -111.00 both buyers and sellers of the pair several times attempted to break through the levels, but to no avail.

 

USD / JPY forecast recommendation 05/23/2017

 

The dollar, the yen is consolidating at support in the range of 111.00 -111.20. Breakdown and consolidation below 111.00 will give a chance to test the level of 110.60 sellers. Alternative breakdown and consolidation above 111.60 will enable growth of the pair to the 112.00-10

 

 

 

 

 

Analytics specifically for Forex Site Specific 
Prepared (MIK)  

Analytical review and forex forecast is a private opinion of the author and is not a guide to trading. Special Forex is not responsible for the results that may arise from the use of trading recommendations submitted reviews.

 

 

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