Technical analyst and forex forecast for today 02.05.2017: EUR / USD, GBP / USD, USD / JPY, USD / CAD, GOLD, NZD / USD, NASDAQ, Brent
Technical analysts forecast forex euro dollar (EUR / USD) as of today 02/05/2017
On Monday, the EUR / USD pair remained near the local minima. Monetary tool weakened during overnight trading. Sellers struck the support level 1.0900, but could not leave the area of the mark. Technical indicators are mixed. Moving averages given signal to buy, whereas RSI and MACD indicated correction. Resistance is at 1.0900, and support - at 1.0850.
Forex EUR / USD recommendation 05/02/2017
The market has downside risks, but it is recommended to wait until the level of 1.0850 is broken, then the mood will change to bearish.
Forex Technical Analysis Currency pair pound dollar GBP / USD on 05/02/2017
Pound moved away from the highs of last week, as traders decided to take profits. Cheerful pair weakened to a level of 1.2900, where reduction stopped. Technical indicators have been mixed during the day. Moving Averages gave buy signals, while the MACD and RSI declined. Resistance is at around 1.3000, and support - at 1.2900.
Forex GBP / USD recommendation 05/02/2017
1.2900 breakdown level points to the possibility of further reduction.
Forex. Forecast the dollar yen pair and Technical Analysis USD / JPY on 05/02/2017
On Monday trading on the pair remained bullish. Rebound from the 111.20 level raised the currency tool from the "red" zone. USD / JPY The pair grew up all night and morning. By noon, the price close to the level of 112.00. Technical indicators have been positive. 50-EMA-EMA 100 crossed upwards. MACD and RSI headed north. Resistance is at the level of 112.00, and support - to 111.00.
Forex USD / JPY recommendation 05/02/2017
In case the level 112.00 the pair break would target the 113.00 mark.
Forex analytics and forecasting USD / CAD 02.05.2017
Monday trading on the pair USD / CAD opened on a positive note. Buyers all night lifted the US dollar and in the middle of the Asian session to break the level 1.3660. Buyers continued to win positions and reached the level of 1.3680, where they are no longer in force. Monetary tools stopped growing and somewhat weakened. Technical indicators have been positive. Resistance is at around 1.3680, and support - at 1.3610.
USD / CAD recommendations 05/02/2017
Above $ 1.3680 Target for the pair USD / CAD may be 1.3750 resistance.
Gold technical analysis and forex forecast XAU / USD on 02/05/2017
Gold could not continue the recovery, marked on Friday. Benchmark only tested the level of 1270 and changed direction. The pair rebounded during the Asian session and reached its mid-mark of 1260. This level is limited promotion sellers who are stopped and started trying to overcome this area. Technical indicators are mixed. Resistance is at around 1270 and support - 1260 dollars per ounce.
Forex XAU / USD recommendation 05/02/2017
If the level in 1260 is broken down, it will pave the way for the movement to the level of 1250 dollars per ounce.
forecast for Brent crude oil prices today Technical analyst and forex 02/05/2017
At the opening of trading in Brent crude oil was formed by a gap in the upstream direction. However, the bulls were not able to keep the mood to buy. Brent oil prices remained in a narrow range of 51.50-51.70 during the day. Moving averages are pointing downwards, whereas RSI and MACD were neutral. Resistance is at around 52.50, and support - to 51.50 dollars per barrel.
Oil recommendations 02/05/2017
It is expected to resume the bearish pressure. After the breakdown level of 51.50 the market's attention will return to the level of 50.50 dollars per barrel
NASDAQ index technical analysis forecast for investors on 02.05.2017
NASDAQ index remained in the uplink in trading Monday. The price rebounded from its lower boundary at the opening of the trading day and returned every Friday loss for the first half of the day. Technical indicators have been positive. Resistance is at around 5620, and support - on 5580.
NASDAQ recommendations 05/02/2017
The market remains bullish predominance. The next level on which traders will pay attention, there will be resistance 5620.
Analytical review of the submitted lead analyst broker Fort Financial Services Aleksandrom Kofmanom
On Monday, the EUR / USD pair remained near the local minima. Monetary tool weakened during overnight trading. Sellers struck the support level 1.0900, but could not leave the area of the mark. Technical indicators are mixed. Moving averages given signal to buy, whereas RSI and MACD indicated correction. Resistance is at 1.0900, and support - at 1.0850.
Forex EUR / USD recommendation 05/02/2017
The market has downside risks, but it is recommended to wait until the level of 1.0850 is broken, then the mood will change to bearish.
Forex Technical Analysis Currency pair pound dollar GBP / USD on 05/02/2017
Pound moved away from the highs of last week, as traders decided to take profits. Cheerful pair weakened to a level of 1.2900, where reduction stopped. Technical indicators have been mixed during the day. Moving Averages gave buy signals, while the MACD and RSI declined. Resistance is at around 1.3000, and support - at 1.2900.
Forex GBP / USD recommendation 05/02/2017
1.2900 breakdown level points to the possibility of further reduction.
Forex. Forecast the dollar yen pair and Technical Analysis USD / JPY on 05/02/2017
On Monday trading on the pair remained bullish. Rebound from the 111.20 level raised the currency tool from the "red" zone. USD / JPY The pair grew up all night and morning. By noon, the price close to the level of 112.00. Technical indicators have been positive. 50-EMA-EMA 100 crossed upwards. MACD and RSI headed north. Resistance is at the level of 112.00, and support - to 111.00.
Forex USD / JPY recommendation 05/02/2017
In case the level 112.00 the pair break would target the 113.00 mark.
Forex analytics and forecasting USD / CAD 02.05.2017
Monday trading on the pair USD / CAD opened on a positive note. Buyers all night lifted the US dollar and in the middle of the Asian session to break the level 1.3660. Buyers continued to win positions and reached the level of 1.3680, where they are no longer in force. Monetary tools stopped growing and somewhat weakened. Technical indicators have been positive. Resistance is at around 1.3680, and support - at 1.3610.
USD / CAD recommendations 05/02/2017
Above $ 1.3680 Target for the pair USD / CAD may be 1.3750 resistance.
Gold technical analysis and forex forecast XAU / USD on 02/05/2017
Gold could not continue the recovery, marked on Friday. Benchmark only tested the level of 1270 and changed direction. The pair rebounded during the Asian session and reached its mid-mark of 1260. This level is limited promotion sellers who are stopped and started trying to overcome this area. Technical indicators are mixed. Resistance is at around 1270 and support - 1260 dollars per ounce.
Forex XAU / USD recommendation 05/02/2017
If the level in 1260 is broken down, it will pave the way for the movement to the level of 1250 dollars per ounce.
forecast for Brent crude oil prices today Technical analyst and forex 02/05/2017
At the opening of trading in Brent crude oil was formed by a gap in the upstream direction. However, the bulls were not able to keep the mood to buy. Brent oil prices remained in a narrow range of 51.50-51.70 during the day. Moving averages are pointing downwards, whereas RSI and MACD were neutral. Resistance is at around 52.50, and support - to 51.50 dollars per barrel.
Oil recommendations 02/05/2017
It is expected to resume the bearish pressure. After the breakdown level of 51.50 the market's attention will return to the level of 50.50 dollars per barrel
NASDAQ index technical analysis forecast for investors on 02.05.2017
NASDAQ index remained in the uplink in trading Monday. The price rebounded from its lower boundary at the opening of the trading day and returned every Friday loss for the first half of the day. Technical indicators have been positive. Resistance is at around 5620, and support - on 5580.
NASDAQ recommendations 05/02/2017
The market remains bullish predominance. The next level on which traders will pay attention, there will be resistance 5620.
Analytical review of the submitted lead analyst broker Fort Financial Services Aleksandrom Kofmanom