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Technical analysis for today and the forecast of 03.08.2017: EUR / USD, GBP / USD, USD / JPY

3 august 2017 - Fx4News
Technical analysis for today and the forecast of 03.08.2017: EUR / USD, GBP / USD, USD / JPY

Technical forex forecast chickens with the euro dollar (EUR / USD) as of today 03/08/2017

 

Euro quotes rebounded from the ascending channel's lower border at night and close to the upper boundary. Support is at 1.1850, the resistance level of 1.1900.


Forecast EUR / USD Any reduction will be considered as correct. If buyers retain control, such a decline will be short-lived. A pair of majors can attack 1. 1850 in the near future. In the breakdown of the EUR / USD may continue the correction to 1.1800

 

 

 

Technical forex forecast pair gbp usd GBP / USD on 08/03/2017
 

Pound was unable to continue its northern movement on Wednesday. Weakness buyers sparked profit-taking on their part, against the background of the dollar correction. Pound has returned to the level of 1.3200, where he spent the night and the European session on Wednesday. Resistance is at 1.3300, support at 1.3200.

Forecast GBP / USD The dollar recovery slowed bulls. Nevertheless, we have a bullish trend and the current decline will not last long. The immediate aim of the pound - 1.3250 up 1.3300

 

 

 

Technical forex forecast for today, the dollar yen pair USD / JPY on 08/03/2017

 

Sellers failed to increase their gains, but the buyers do not have forces for serious action. At night, the dollar rebounded from an oversold area, take a short rally to 111.00. The district-level buyers lost all his ardor, and retreated. Resistance is at 111.00, support lies at 110.00. The pair is trading at 110.60

Forecast USD / JPY negative trends dominate the market, but bears no hurry to continue to decline. If they continue to procrastinate, the bulls will be able to take the market into their own hands and to recover some of the lost territory. When attaching the above 110.60 USD / JPY will continue to grow to 111.00

 

 

 

Analytical review of the submitted broker  Fort Financial Services

 

 

 

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