Technical analyst and forex forecast for today 11.01.2017: EUR / USD, GBP / USD, USD / JPY, GOLD, Brent

The euro yesterday in the forex trading continued to grow to the greenback, supported by positive data on consumer confidence in the eurozone. Nevertheless, the US currency loss leveled by comments of representatives of the FOMC, which advocated the tightening of monetary policy in 2017. Today, traders are waiting for the press conference of the new US president.
 

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Euro Dollar current situation

upward momentum began to go to the "No" after the price touched the 1.0600 level in early trading on Tuesday. By setting a daily high at 1.0626, the EUR / USD returned to the level of 1.0600 after the opening of European trading. Sellers continued to exert pressure on the pair until the beginning of trading on the New York Stock Exchange. On the 4-hour chart, the price is above the 200 EMA, which played the role of a support level. 100-EMA-EMA and 200 were neutral, while EMA 50 facing upward. Resistance is at 1.0600, and 1.0500 support. 

Technical indicators declined slightly within the positive zone. MACD has decreased, which indicates a weakening of the sellers. RSI is in the overbought zone. 

Forecast EUR / USD 11.01. 

2017 We expect the growing influence of the bears. Break 1.05500 level could trigger further weakening of the pair EUR / USD. Then the level of 1.0500 will be the next target of sellers.

Forex Technical Analysis and Forecast of the pound dollar (GBP / USD) as of today 01/11/2017

Collapsed after the speech Theresa Mae Sterling, stabilized on Tuesday. UK today vysokovolatilnye present news that is likely to point to the increase in production in the manufacturing industry. 

Pound Dollar current situation

bears retained control over the market, strengthening its position. After a brief consolidation during the Asian session, the pound continued to decline in trading Tuesday. Sellers have sent the price down and reached the level of 1.2100 with the opening of trading in London. Price consolidated before US trading. The price remained below the moving average on the 4-hour chart. Moving averages are preserved bearish bias. Resistance is at around 1.2200, and support - 1.2100. 

Technically, ie indicators turned downwards. The MACD histogram has decreased, indicating a position gain sellers. The RSI remains in the oversold zone. 

Forecast GBP / USD 11.01.2017

pound short-term oversold and can recover some losses. It is possible slight recovery to the level of 1.2200, it will be a good chance to open short positions. Despite signs of oversold, any signals to the fact that the pair will replace the current direction in the near future. Reduction under the 1.2100 mark will contribute to the fact that the sellers sent a pair to the area of 1.2000. Despite signs of oversold, any signals to the fact that the pair will replace the current direction in the near future. Reduction under the 1.2100 mark will contribute to the fact that the sellers sent a pair to the area of ​​1.2000. Despite signs of oversold, any signals to the fact that the pair will replace the current direction in the near future. Reduction under the 1.2100 mark will contribute to the fact that the sellers sent a pair to the area of ​​1.2000.

Forex Technical Analysis and Forecast of the dollar, the yen (USD / JPY) 01.11.2017 Today

In forex trading the dollar, the yen maintained a positive report, which showed the index of household confidence got stronger in Japan in the previous month. 

Dollar Yen The currently situation

Sellers could send the price down in early trading Tuesday. The price has tested the level of 115.00 and immediately rebounded and continued trading on the background of bearish sentiment. The US dollar spent the first half of the day in the area of 116.00. The current recovery is likely to pass on profit taking bears who want to avoid risk. The price rebounded from the 200 EMA on the 4-hour chart. EMA-200 is directed upwards, whereas the 50-EMA-EMA and 100 were flat. Resistance is located at 116.00, and 115.00 support. 

Technical indicators are pointing downward and point to continued decline. The MACD histogram has decreased, indicating a position gain sellers. RSI has been located in the oversold zone near the neutral. 

Forecast USD / JPY 11.01.2017

Technical picture shows the predominance of bullish sentiment. Break up the level of 116.00 will open the way to further growth to the level of 117.00. In the opposite case, the failure to recover the dollar today can lead to a drop in the pair to 114.00.

Forex rate outlook AUD / USD today 01.11.2017


On Tuesday the Australian dollar came under pressure after the publication of weak performance in the retail sector. Nevertheless, the widespread weakening of the dollar and negative data on consumer prices in China were able to restore the pair. 

AUD / USD Current Situation

Trying to climb above $ 0.7350 on Tuesday, was unsuccessful. Buyers raised the price in the area of 0.7385, where the pair met new Ofer and fell to the level of 0.7350. After testing this mark sellers continued attempts to develop a decrease in pair. On the 4-hour chart, the price has tested the 200 EMA in early trading. 200 EMA slowed head of bulls, being a strong obstacle for the pair. 100-EMA-EMA and 200 were neutral, whereas the 50-EMA continued growth on the same graph. Resistance is at 0.7400, and support - at 0.7350. 

MACD has decreased, which indicates a weakening of customer positions. The RSI indicator is consolidated into the oversold zone. 

Forecast AUD / USD 11.01.2017

bearish trend remains valid. If the price consolidates below support level 0.7350, the downtrend may continue in the short term. Target Potential sellers are the mark of 0.7300 and 0.7250.

Technical Forex Analysis for Gold (XAU / USD) as of today 11/01/2017

On the second day of the trading week futures on the precious metal rose to highs of 6 weeks, the weakening of the US currency across the board. The uncertainty of the Fed's actions in the short term in respect of monetary policy reduces the demand for the dollar. Today, the key event will be a press conference, Donald Trump. 

Gold XAU / USD current situation

at auction Tuesday bullish momentum in gold will be developed, and quotes up to the maximum from the beginning of December. Customers have raised the price level from 1180 to 1187 dollars per ounce, where upward momentum faded. Weak interest in sales put pressure on the couple by sending it to 1182. The price was trading above the moving average on the 4-hour chart. EMA 50 and continued upward movement 200 EMA crossed upwards. 100-EMA-EMA and 200 were neutral. Resistance was located at around 1190 and 1180 to support dollars per ounce. 

MACD has decreased, which indicates a weakening of customer positions. The RSI remains in the oversold zone. 

Gold (GOLD) Forecast 11.01.2017

It is expected that the price of gold will fall below the level of 1180. The next level on which traders will direct attention will be 1170 dollars per ounce.

Technical analysis and forecast of oil prices (OIL Brent) today 11/01/2017

Oil quotes traded in the red on Tuesday, although a slight increase was recorded. Support is provided on market expectations as to what the country's oil producers will comply with the conditions of the agreement on the reduction of oil production. The focus of investors are data on crude oil inventories in the United States. 

Oil is the current situation

on the crude oil Brent prices found strong support around $ 54.50 per barrel. The benchmark rebounded from this level after testing. Quotes of oil could bring back a smaller portion of their losses in night trading. Prices for Brent crude rebounded to around 55.50, where they spent the whole of the European session. On the 4-hour chart, the price has broken through the 50 EMA and the 100 EMA down. 50 EMA and 100 EMA are in flat, while 200 EMA upward. Resistance is at around 55.50, and at 54.50 dollars per barrel support. 

MACD entered the negative zone. If the MACD will remain in the negative zone, the position of sellers increase. The RSI indicator was located in the oversold zone. 

Oil Forecast 01.11.2017

Now the bears are concentrated at the level of 54.50 dollars per barrel. It is possible further decline to the level of 53.50.

DAX forecast and analyst for investors today 01/11/2017

Positive start to trading on Tuesday, the stock indexes in Europe, as financial companies have provided encouraging results, as commodities surged. However, the strengthening of the index has been limited due to concerns about the banking system in Italy. 

DAX current situation

of trading Tuesday, the index DAX passed in the consolidation between the levels of 11600 and 11500, and the direction of trading and not defined. During the Asian session, the price buyers are directed to the upper bound of the range. After testing this level benchmark declined and after the opening of European trading stopped in the area of 11550. The price is trading above the moving average on the 4-hour chart. Price tested the 50-EMA and continued trading significantly above the moving average on the 4-hour chart. Moving averages have retained a bullish bias on the same chart. 

Resistance is located at 11600, and support - at 11500. the MACD Histogram has declined, which is a signal to sell. RSI has been located in the neutral zone and headed up. 

DAX forecast for 11/01/2017

We can expect that the index will remain in the current range. Confident sample a range borders will indicate the further direction of movement. DAX forecast for 11/01/2017 We can expect that the index will remain in the current range. Confident sample a range borders will indicate the further direction of movement. DAX forecast for 11/01/2017 We can expect that the index will remain in the current range. Confident sample a range borders will indicate the further direction of movement.

The S & P500 Technical Analysis and forecast for today 11/01/2017

The US market shows the neutral format of trading amid slowing in commodity price movements. 

S & P500 index of the current situation

Sellers met an obstacle at the level of 2260, by which the price jumped up. Benchmark was able to return a smaller part of their yesterday's losses and rose to the level of 2265, where upward momentum faded in the middle of the European session. The price has broken the 100 EMA on the hourly chart up. EMA 50 and EMA 200 are in flat, while EMA 100 facing up on said graph. Resistance is at around 2280, and 2260. Support 

MACD has decreased, which indicates a weakening of customer positions. RSI is in the neutral zone. 

The S & P500 Forecast 11.01. 

2017 On the 4-hour chart, the prevalence remained bullish. A recovery above the level in 2280 will allow to develop the growth to the area in 2300.

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