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Technical analyst and forex forecast for today 24.04.2017: EUR / USD, GBP / USD, USD / JPY

22 april 2017 - Fx4News
Technical analyst and forex forecast for today 24.04.2017: EUR / USD, GBP / USD, USD / JPY

Technical analysts forecast forex euro dollar (EUR / USD) as of today 24/04/2017

 

On Friday, the currency market, the euro in tandem with greenbacks offered for tender in the range 1.0730 - 1.0680. In Asia, the euro buyers tried to break the resistance 1.0730, and they even managed to climb a little higher. But to gain a foothold bulls and could not, there was a false breakdown, and in trading in Europe initiative intercepted bears the dollar, the euro fell to a level of 1.0700 which was successfully overcome and the euro fell to 1.0680 support. Which stopped the pressure of sellers. At the auction in the United States have taken revenge bulls and euro currency quotations again recovered to the 1.0730 resistance where a couple and closed trades.

 

 

Forex Forecast EUR / USD recommendation 04/24/2017

 

Today April 24 traders should once again consider the depreciation of the EUR / USD from the level of 1.0730 and the bears attempt to re-test support 1.0680-90, if the sellers will be able to break and consolidate below, the euro / dollar exchange rate will continue to decline to around 1.0670 - 1.0650. Alternative for EUR / USD: breakdown and consolidation above resistance 1.0730 will give a chance to the bulls continue towards 1.0750-70

 

 

Forex Technical Analysis Currency pair pound dollar GBP / USD on 24/04/2017

 

As regarded forex forecast on April 21, 2017 , the Briton paired with American spent the last day of the trading week in a flat in the range 1.2850 - 1.2760-70. In the Asian session traders sterling tried to break 1.2770 mark, but to no avail, and quotes pound again rushed to the resistance 1.2850 - 40. The level stood and bears to make another attempt, which also stopped at 1.2760-70. As a result of Friday's trading the pair GBP / USD finished at 1.2810

 

Forex GBP / USD recommendation 24/04/2017

 

As in the previous forecast of traders on GBP / USD today worth waiting lateral trade, the main focus will determine the way out of the range 1.2850 - 1.2760. If the price breaks the level of 1.2850 the sterling followed by an increase to the level of 1.2900. Similarly, the breakdown of 1.2760 support will give sellers a chance to continue to fall to 1.2650 or below. 

 

 

Forex. Forecast the dollar yen pair and Technical Analysis USD / JPY on 24/04/2017

 

The dollar yen is trading on Friday to trade with confidence rising. The dollar was in demand since the beginning of the opening of trading. Buyers struck 109.00-109.10 level, and the rate USD / JPY up and rushed into the bulls stopped resistance 109.50. Where the course turned and headed for the support of 109.00, tested, but could not be fixed price. Quotes USD / JPYzakryli at around 109.17 trading week

 

Forex USD / JPY recommendation 24/04/2017
 

Today, April 24, players on the USD / GBP should expect an increase in the level of 109.10 to around 109.50, while the successful penetration and consolidation will increase the opportunity to 109.70 - 110.00. An alternative to the dollar yen pair: A break and consolidation below 109.00 will allow the bears to continue to decline in USD / JPY to 108.70 support

 

 

 

 

Analytics site specifically for  Forex Special
Prepared MIK 

Analytical Review and forex forecast is a private opinion of the author and is not a guide to trading. Special Forex is not responsible for the results that may arise from the use of trading recommendations submitted reviews.

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