Technical analyst and forex forecast for today 10.01.2017: EUR / USD, GBP / USD, USD / JPY, GOLD, Brent

Technical analysis and forex forecast of the euro dollar (EUR / USD) as of today 01/10/2017

The euro / dollar in the forex trading mixed on Monday after the release of mixed indicators from the euro zone and Germany. As it became known, the volume of industrial production in Germany fell, while expecting its growth. Meanwhile, Germany's trade balance surplus grew, exceeding forecasts in November. At the same time, the unemployment rate in the euro area remained unchanged in November, confirming forecasts.
 

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Euro Dollar Current Situation

After a brief consolidation during the Asian session, the bulls have made a new attempt to overcome the level of 1.1050 in European trading. Buyers are trying to break this level all morning, but could not rise above it. The EUR / USD came under pressure and fell into the 1.0500 area in the middle of the European session. The price has broken the 200 EMA and headed down to the 100 EMA on the 4 hour chart. 100 EMA and the 200 EMA preserved bearish bias, while the 50-EMA upward. Resistance is located at 1.0550, and 1.0500 support. 

MACD has decreased, which indicates a weakening of the position of the buyer. Oscillator RSI remained in the neutral zone. 

Forecast EUR / USD 10.01.2017

In the medium term is expected to remain bearish.

Forex Technical Analysis and Forecast of the pound dollar (GBP / USD) as of today 01/10/2017

On Monday, the British currency has fallen off amid growing concerns about the process Brekzita and its possible negative consequences for the country. The only positive factor in the day for the pound was the publication represented Halifax house price index  

Pound Dollar current situation

Sellers kept the leading position in trading Monday. Pound formed a gap down at the open and immediately continued to decline to a level of 1.2200. After testing this level selling pressure eased and the "cable" began the consolidation phase. However, the consolidation did not last long, and a new wave of sales posted a pair GBP / USD at 1.2100 area. Bearish momentum waned a few points above the level of 1.2200, and the 1.2123 level after testing price rebounded and leveled a smaller portion of new losses. On the hourly chart the sterling broke all the moving averages in a downward direction. 50-EMA turned down, while 100 EMA and the 200 EMA were in the flat at the mentioned time frame. Resistance is at around 1.2200, and support - 1.2100. 

MACD entered the negative zone. If the MACD will remain here vendors position strengthened. The RSI indicator remained close to the oversold zone, meaning reduced. 

Forecast GBP / USD 10.01.2017

On the 4-hour chart, the prevalence remained bearish. Sellers can reach the level of 1.2100 in the short term, and then to go to the level of 1.2000. There is a possibility that the pair will try to recover in the 1.2200-1.2230 resistance area. while 100 EMA and the 200 EMA were in the flat at the mentioned time frame. Resistance is at around 1.2200, and support - 1.2100. MACD entered the negative zone. If the MACD will remain here vendors position strengthened. The RSI indicator remained close to the oversold zone, meaning reduced. Forecast GBP / USD 10.01.2017 On the 4-hour chart, the prevalence remained bearish. Sellers can reach the level of 1.2100 in the short term, and then to go to the level of 1.2000. There is a possibility that the pair will try to recover in the 1.2200-1.2230 resistance area. while 100 EMA and the 200 EMA were in the flat at the mentioned time frame. Resistance is at around 1.2200, and support - 1.2100. MACD entered the negative zone. If the MACD will remain here vendors position strengthened. The RSI indicator remained close to the oversold zone, meaning reduced. Forecast GBP / USD 10.01.2017 On the 4-hour chart, the prevalence remained bearish. Sellers can reach the level of 1.2100 in the short term, and then to go to the level of 1.2000. There is a possibility that the pair will try to recover in the 1.2200-1.2230 resistance area. The RSI indicator remained close to the oversold zone, meaning reduced. Forecast GBP / USD 10.01.2017 On the 4-hour chart, the prevalence remained bearish. Sellers can reach the level of 1.2100 in the short term, and then to go to the level of 1.2000. There is a possibility that the pair will try to recover in the 1.2200-1.2230 resistance area. The RSI indicator remained close to the oversold zone, meaning reduced. Forecast GBP / USD 10.01.2017 On the 4-hour chart, the prevalence remained bearish. Sellers can reach the level of 1.2100 in the short term, and then to go to the level of 1.2000. There is a possibility that the pair will try to recover in the 1.2200-1.2230 resistance area.

Forex Technical Analysis and Forecast of the dollar, the yen (USD / JPY) 01.10.2017 Today

While Japan is celebrating the Day of the age of majority, the US currency gained positions ahead of the FOMC presentations. Today, investors' attention is directed to the data on the number of vacancies in the labor market. 

Dollar Yen current situation

new bids in the 117.00 area helped develop the growth of the dollar during the Asian session on Monday. However, buying interest quickly waned. Once the price has reached the level of 117.50, and the pair reversed to the middle of the European session has returned to the level of 117.00. Sellers have sent the price lower than before the opening of US trading. USD / JPY The pair has crossed the 50 EMA down and tested the 100 EMA on the 4-hour chart. 100 EMA and the 200 EMA retained a bullish bias, while the 50 EMA was flat. Resistance is located at 118.00, and 117.00 support. 

The MACD indicator is located on the zero line. If the histogram returns into negative territory, the power of sellers increase. If the light enters the positive region, buyers will get control of the market. RSI came out of the overbought zone and headed down. 

Forecast USD / JPY on 01/10/2017

USD / JPY pair to be overcome, at least 118.00 resistance area to weaken the bearish pressure. Otherwise, users can send the pair to the level of 116.00 and then at 115.00 area. at least 118.00 resistance area to weaken the bearish pressure. Otherwise, users can send the pair to the level of 116.00 and then at 115.00 area. at least 118.00 resistance area to weaken the bearish pressure. Otherwise, users can send the pair to the level of 116.00 and then at 115.00 area.

Forex forecast rate USD / CAD today 10.01.2017

The US dollar yesterday was the leader in the market with respect to other currencies against the general elation in terms of US economic prospects. Meanwhile, the decline in oil prices had a negative impact on commodity currencies, particularly the Canadian dollar. 

USD / CAD current situation

Monday, the bearish trend has retained its relevance. Trying to recover met an obstacle in the area of 1.3260 level, which tipped the price down. After testing this level the US dollar bounced off him and went to a mark 1.3190. On the 4-hour chart, the price has continued to trade well below the moving average. 50-EMA-EMA 100 crossed down on the same graph. 50 EMA and 200 EMA retained downward slope, while 100 EMA moved up. Resistance is at 1.3260, and support - at 1.3190. 

MACD rose, indicating a weakening of the position of sellers. The RSI is in the oversold zone. 

Forecast USD / CAD 10.01.2017

Who saved the bearish sentiment. It is expected the further development of the downward movement. Potential targets are the sellers located at around 1.3190 and 1.3120. Alternatively, consider the possibility of trading the pair to recover their losses, if it breaks up the level of 1.3260 and then heading to the 1.3330 area. It is expected the further development of the downward movement. Potential targets are the sellers located at around 1.3190 and 1.3120. Alternatively, consider the possibility of trading the pair to recover their losses, if it breaks up the level of 1.3260 and then heading to the 1.3330 area. It is expected the further development of the downward movement. Potential targets are the sellers located at around 1.3190 and 1.3120. Alternatively, consider the possibility of trading the pair to recover their losses, if it breaks up the level of 1.3260 and then heading to the 1.3330 area.

Technical Forex Analysis for Gold (XAU / USD) as of today 10/01/2017

On the first trading day of the gold price came under pressure, while the US dollar regained losses of the previous week. 

Gold is the current situation

in gold trading Monday began positively. The price has risen from the level in 1170 and headed the resistance of $ 1180 per ounce in early trading. But the impulse to buy has not been developed and during the Asian session, the price remained between support and resistance. Buyers were able to overcome the mark in 1180 before the start of the US session. After this breakdown pair XAU / USD went to the area of 1185. The price broke through the 50 EMA and moved away from the moving averages on the hourly chart. Moving averages have retained a bullish bias on the same chart. Resistance was located at around 1190 and 1180 to support dollars per ounce. 

MACD rose, that speaks about strengthening the positions of buyers. RSI Oscillator remains in the overbought zone. 

Forecast gold on 10/01/2017

Buyers need to gain a foothold above the level of 1185, before the price can go up to the area in 1190 and $ 1,200 per ounce.

Technical analysis and forecast of oil prices (OIL Brent) today 10/01/2017

At the start of a new week, oil futures weakened somewhat, as did news about the growth of commodity exports from Iran. The oil market also reacted negatively to data showing that in the United States increased the number of drilling rigs. 

Oil is the current situation

on Monday on the raw materials market remained bullish. Brent crude oil prices were in an upward channel, close to its lower limit. However, on Monday the auction sellers have attempted to get out of the channel. Medvedev sent the price to the level of 56.50 dollars per barrel, and tried to overcome this level in the first half of the day. Before the beginning of the American session the price broke down the specified level. After this breakdown benchmark headed to the area of 55.50. On the 4-hour chart, the price has broken through the 50-EMA down. Then, the benchmark continued to trade significantly above the 100 EMA and the 200 EMA. EMA 50 and EMA 100 directed upwards, while EMA was 100 in the flat on the same graph. Resistance is at around 56.50, and at 55.50 dollars per barrel support. 

MACD fell. RSI came out of the neutral zone and headed down. 

Oil price forecast for 10/01/2017

To continue lowering, the price is necessary breakdown level 55.50. With the development of such a scenario, vendors can submit quotes to the levels of 54.50 and 53.50 dollars per barrel. 2017 To continue lowering, the price is necessary breakdown level 55.50. With the development of such a scenario, vendors can submit quotes to the levels of 54.50 and 53.50 dollars per barrel. 2017 To continue lowering, the price is necessary breakdown level 55.50. With the development of such a scenario, vendors can submit quotes to the levels of 54.50 and 53.50 dollars per barrel.

DAX forecast and analyst for investors today 01.10.2017

On Monday, most European stock indices moved into the red zone. Such a reaction of the market respond to published corporate reports and statistical indicators represented by the euro area and its leading economy. 

DAX current situation

Monday DAX index fell sharply. Sellers lowered the price from the level of 11,600 to 11,500 in the first half of the day. The price has broken the 50 EMA and tested 100-EMA on the hourly chart. EMA-50 was neutral, whereas the 100 and 200-EMA-EMA upward slope retained on said graph. Resistance is located at 11600, and support - on the level of 11500. 

MACD has decreased, which indicates a weakening of customer positions. RSI came out of the neutral zone, intending to drop. 

DAX forecast for 10.01.
 

NASDAQ index analyst and forecast for today 10/01/2017

The US stock market traded in the flat, because the players did not take important decisions to publish data on the number of employed population of America is agriculture. 

NASDAQ index of the current situation

The opening of trading on the NASDAQ on Monday took on a positive note. At the beginning of the European session, traders pushed the price higher, and it reached 2275. After the price tested the level, it is slightly decreased to 2270. At the 4-hour chart, the price is above the moving average. 50-EMA-EMA 100 crossed upwards. All the moving averages are pointing upwards. Resistance is at around 2280, and 2260. Support 

MACD has decreased, which is a signal to sell. RSI is in the positive zone. 

NASDAQ Index forecast for 10.01.
 

* Analytical review of the broker of Fort the Financial Services  , analyst Alexander Kofman