Technical forex euro dollar forecast (EUR / USD) as of today 07/21/2017
EUR / USD in the process of correction of steam. Activity came close to the lower boundary of the rising channel. buyers are testing the strength of 1.1500 now. Resistance is located at 1.1550, 1.1500 support level.
Recommendations EUR / USD: sit on the fence, waiting for the end of correction.
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Technical forex forecast pair gbp usd GBP / USD on 21/07/2017
The two-day flat was broken by the pound in early trading. Pound first tested the 1.3000, but after a short pause, broke through the level and headed to 1.2950. Resistance is at 1.3000, support at 1.2900.
Recommendation GBP / USD We expect continued decline and testing 1.2900.
Technical forex forecast for today, the dollar yen pair USD / JPY on 21/07/2017
Sellers have been unable to break through the 112.00 level. After the level test, dollar rates turned up and were able to regain the level of 112.00. After the breakdown of the level continued to rise, and for dinner USD / JPY hit 112.35. Resistance is at 113.00, support lies at 112.00.
Recommendation USD / JPY: Bullish momentum is likely to continue. We should expect testing 113.00.
Analytical review of the submitted broker Fort Financial Services