Technical analyst and forex forecast for today 12.01.2017: EUR / USD, GBP / USD, USD / JPY, GOLD, Brent

The euro in forex trading on Wednesday traded without dramatic changes to the buck, as the part of the euro zone was not published important macroeconomic indicators. At the same time investors are not taken serious steps before the start of the press conference elected President of America.
 

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Euro Dollar current situation

Yesterday, the euro continued its decline. Traders sent the price to the level of 1.0550, where the pair EUR / USD has formed a short-term consolidation in early trading. The pair went through a new Ofer during the opening of the European session, and then accelerated decline. Sellers struck down the level of 1.0550 and sent the common currency to a mark 1.0500. The price has broken the 200 EMA down and tested the 50-EMA on the 4-hour chart. 100 EMA and the 200 EMA remained in the flat, while the 50-EMA continued its upward movement. Resistance is at 1.0550, and 1.0500 support. 

MACD has decreased, which indicates a weakening of the sellers. RSI Oscillator came out of the oversold zone and headed south. 

EUR / USD Forecast 01/12/2017

expected that the interest in short-term sales will retain its relevance. Break of 1.0500 level will put the following merchants Target levels 1.0450 and 1.0400.

Forex Technical Analysis and Forecast of the pound dollar (GBP / USD) as of today 01/12/2017

In the middle of the week the British currency continued trading under pressure, that to a growing concern about Britain's exit from the EU and its possible negative effects on the economy of the state. Little support the pound on Wednesday, received a positive report from the terms of production in the manufacturing industry, the results have exceeded forecasts. 

Pound Dollar current situation

"cable" was not able to continue the recovery, marked in the Asian session, which was stopped in the area of 1.2200. After testing this level, the price rebounded from it and weakened to the level of 1.2100 after the opening of trading in London. After testing this mark, the pair GBP / USD pulled back by returning a portion of their losses. Price bounced down from the 50-EMA on the hourly chart. 200 EMA was neutral, whereas the 50-EMA-EMA 100 and directed downward on the same graph. Resistance is at around 1.2200, and support - 1.2100. 

MACD Histogram back into negative territory, indicating that sellers gain positions. The RSI remains in the oversold zone. 

GBP / USD Forecast 01/12/2017

Price has kept the bearish sentiment on the 4-hour chart. It is recommended to open short positions pound, if the price falls below 1.2100. The next will be to reduce the area of 1.2000. 2017 Price kept the bearish sentiment on the 4-hour chart. It is recommended to open short positions pound, if the price falls below 1.2100. The next will be to reduce the area of 1.2000. 2017 Price kept the bearish sentiment on the 4-hour chart. It is recommended to open short positions pound, if the price falls below 1.2100. The next will be to reduce the area of 1.2000.

Forex Technical Analysis and Forecast of the dollar, the yen (USD / JPY) 01.12.2017 Today

Yesterday, the US dollar tried to return to growth, offset by previous losses against the Japanese currency. Dollar supported the performance expectations of Donald Trump on the first official press conference since winning the election. 

Current situation Dollar Yen

price traded sideways, rising and falling no more than 50 pips during the Asian session on Wednesday. Buyers were able to return more earlier losses in early European trading. The price rose to around 116.43, where upward momentum faded. The pair has traded above the 200 EMA on the 4-hour chart. 100 EMA limited price growth. 200 EMA has maintained an upward bias, while the 50 EMA and the 100 EMA down on the same chart. Resistance is located at 117.00, and 116.00 support. 

MACD rose, indicating a weakening of the position of sellers. RSI came out of the oversold zone and headed north. 

USD / JPY Forecast 01.12.2017

Closing above the level of 117.00 will form a bullish signal for further growth, which may continue up to a mark 118.00. Otherwise, the movement below 115.00 will return the bearish mood and the price can be reduced to the area of 114.00.

Forex forecast rate NZD / USD today 12/01/2017

The pair NZD / USD drops as dollar positive support market expectations before the new president of America press conference. Meanwhile, the weakening of oil adversely affects the commodity currencies, including limiting the growth of the New Zealand dollar. 

NZD / USD current situation

According to the pair NZD / USD trading environment developed positively. During the night of trading lifted kiwi rebound from the "red" zone. The New Zealand dollar broke through the level 0.7000 during the Asian session and headed to the area of 0.7020 in European trading. However, the upward momentum soon subsided. After the daily maximum was set at 0.7020, the New Zealand dollar back to around 0.7000. The price is between 50 EMA and the 200 EMA on the 4-hour chart. 50-EMA headed north and crossed the 100 EMA over. 100 EMA and the 200 EMA were in the flat at the same time-frame. Resistance is at 0.7000, and support - at 0.6950. 

MACD trading in the downward direction. The RSI indicator has gone out of the overbought zone and was in the neutral. 

NZD / USD Forecast 01/12/2017

It is expected that the pair NZD / USD returns to 0.6950 support in the short term. With this development of trading, the price may continue to decrease in the area of 0.6900. The pair NZD / USD returns to 0.6950 support in the short term. With this development of trading, the price may continue to decrease in the area of ​​0.6900. The pair NZD / USD returns to 0.6950 support in the short term. With this development of trading, the price may continue to decrease in the area of ​​0.6900.

Technical Forex Analysis for Gold (XAU / USD) as of today 12/01/2017

Gold futures soared to record highs for the period of 6 weeks to give support against the backdrop of uncertainty before the performance of the American president elected on the first official conference in November. 

Gold is the current situation

in the environment for gold dominated the mood to buy, and trading took place in the "green" zone. However, the upward momentum faded in the area in 1190, where the precious metal sellers met with resistance. On the 4-hour chart, the price continued trading significantly above the moving averages. EMA 50 and EMA 100 are directed upward, whereas the 200-EMA remained flat. Resistance was located at around 1190 and 1180 to support dollars per ounce. 

MACD remained at the same level, which indicates the strengthening of customer positions. The RSI indicator is consolidated into the oversold zone.

 
 

Technical analysis and forecast of oil prices (OIL Brent) today 12/01/2017

Oil has again returned to growth, helped by news of the reduction of the supply of Saudi Arabia. However, the rise in prices was limited by the emergence of signs of increasing volumes of crude oil by other manufacturers. 

Oil Current Situation

Oil prices found strong support at $ 53.50 per barrel. So not being able to overcome this level, the benchmark rolled up. The reason for this recovery may be fixing the bears came after a sharp decline during trading on Tuesday. Brent crude oil prices did not show strong activity during the Asian session and accelerated its growth only in European trading. Price tried to overcome the 200 EMA, which made a strong support on the 4-hour chart. 100 EMA was neutral, 200-EMA has grown, while the 50-EMA headed south on the same chart. Resistance is at around 54.50, and at 53.50 dollars per barrel support. 

The MACD histogram has decreased, which indicates the position gain sellers. The RSI remains in the oversold zone. 

Oil Pronoza 12.01.2017

of Brent crude oil could fall further if the level of 53.50 is broken. In this case, the sellers will send the price in the area of 52.50 dollars per barrel.

DAX forecast and analyst for investors today 01.12.2017


Stock markets in Europe were trading in the green zone, despite the exercise caution of market participants before the opening of the official conference, where for the first time since November, gave Donald Trump. 

DAX current situation

Traders kept the direction of trading uncertainty during the Asian session on Wednesday. DAX Index has developed a consolidation phase of trading, staying in a range bound by 11600 and 11500. The index started the day at the top of the range. Once during the Asian session, the index remained in the vicinity of 11600, in early European trade, the benchmark fell sharply to 11520. After testing benchmark level of 11,500 turned and jumped to around 11600. The price rebounded from the 50-EMA on the 4-hour chart. Moving averages are directed upwards on the same chart. 

Resistance is located at 11600, and support - at 11500. the MACD indicator has been set at zero. If the histogram will be back in positive territory, it will point to the strengthening of the positions of buyers. If the MACD will go into negative territory, control of the market will go to the sellers. RSI came out of the neutral zone and headed north. 

DAX forecast for today 12/01/2017

Any movement below the current support increases the chances of testing the level of 11500 and to further reduce the level of 11400. Alternatively, consider the possibility of resuming the bullish momentum, if the benchmark breaks the level of 11600 up. MACD indicator has been set at zero. If the histogram will be back in positive territory, it will point to the strengthening of the positions of buyers. If the MACD will go into negative territory, control of the market will go to the sellers. RSI came out of the neutral zone and headed north. DAX forecast for today 12/01/2017 Any movement below the current support increases the chances of testing the level of 11500 and to further reduce the level of 11400. Alternatively, consider the possibility of resuming the bullish momentum, if the benchmark breaks the level of 11600 up. MACD indicator has been set at zero. If the histogram will be back in positive territory, it will point to the strengthening of the positions of buyers. If the MACD will go into negative territory, control of the market will go to the sellers. RSI came out of the neutral zone and headed north. DAX forecast for today 12/01/2017 Any movement below the current support increases the chances of testing the level of 11500 and to further reduce the level of 11400. Alternatively, consider the possibility of resuming the bullish momentum, if the benchmark breaks the level of 11600 up.

NASDAQ index technical analysis and forecast for today 12/01/2017 


Indices on Wall Street opened flat as investors decided not to participate in major transactions prior to the first official meeting of Donald Trump at the conference, where he is expected to share the plan of further actions after grand entry for the US presidency. 

NASDAQ index of the current situation

After the upgrade, the new monthly highs at 5044 index rolled back and returned to the level of 5020, where buyers have stopped for a while, gaining strength after the recent victories. The next attempt to raise the price above took place at the beginning of trading on Wednesday. Buyers were able to recapture some past losses and pushed the price to the level of 5030. On the 4-hour chart, the price is above the moving average, which were sent up. 

Resistance is at 5060, and support - on 5020. the MACD remained at the same level, which confirms the strength of the sellers. RSI is in the positive zone. 

NASDAQ Index Forecast 12/01/2017

recommended to open positions for sale. In the case of the close of trading below the level of 5020, the next target sellers make a mark 4980.

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