Technical analyst and forex euro dollar forecast (EUR / USD) as of today 28/04/2017
Thursday's euro currency market began a slight increase against the greenback, 1.0900 buyers punched and tried to move the price back to 1.0950, but above the level of 1.0930 the EUR / USD failed to rise, and as suggested by forex forecast on 04.26.2017 , beginning decrease, which also facilitated by performance, Mario Draghi, to which the players were ready. Euro dollar quotes declined to 1.0900 support, sellers confident level struck and moved lower to 1.0840 - 50. Support has kept the bears, and the euro retreated to 1.0880 skonsolidirovalsya
Forex Forecast EUR / USD recommendation 04/28/2017
Traders on the euro with the dollar on April 28 should not expect trading in the range of 1.0840 - 1.0900, today is Friday, and the players will try to close some positions at the weekend. EUR / USD is trading at 1.0870, the direction of movement will determine the euro price is out of range. At a penetration and consolidation of the euro below 1.0840 the pair will continue to decline to close at around 1.0730 hepatitis that may happen tomorrow. If the pair will manage to break and consolidate above 1.0900, the bulls will try to re-test the level of 1.0950, although the development of this scenario is unlikely for tomorrow
Forex Technical Analysis Currency pair pound dollar GBP / USD on 28/04/2017
The dynamics of trading on Thursday on the pound against the American as expected determined price is out of the range 1.2850 - 1.2780. GBP / USD has broken the 1.2850 level, and rushed up to the 1.2900 resistance, to break his bulls failed and the price retreated slightly during the day buyers has tried several times to push the mark of 1.2900, but failed to achieve success. The course of the British retreated to 1.2870 where buyers redeemed sterling, and quotes again back up.
Forex GBP / USD recommendation 28/04/2017
Couple pound dollar traded near the 1.2900 mark, and probably are not going to give the bulls. On April 28, players should expect to continue the growth to the level of 1.2960, provided penetration and consolidation above 1.2590-1.2510. Alternative for pound, the British retreat and decline of quotations from current levels to the support 1.2850, and at a penetration and consolidation below, the pair will return to the 1.2760 support.
Forex. Forecast the dollar yen pair and Technical Analysis USD / JPY on 28/04/2017
USD / JPY The pair spent Thursday trading in a narrow range of 40 points 111.20-111.60. Forecast assumes growth of the dollar, the yen, and the bulls are actually several times tried to overcome the resistance of 111.50 but the pressure was not enough, and quotes USD / JPY fell back to 111.20 support
Forex USD / JPY recommendation 28/04/2017
Tomorrow is Friday and the pair USD / JPY Forex traders should wait for correction to reduce the levels of 110.60 - 110.20, in case of breakdown and consolidation below 111.00 support. Alternative rebound from 111.00 support and growth of the pair to 111.60.
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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.
