Technical analyst, forex forecast the euro dollar (EUR / USD) as of today 09/05/2017
The first trading day of the week, the euro dollar opened little gepom and increase in prices to a maximum of 6 months 1.1015. Growth of the euro supported Makron victory in the French presidential election. To continue to grow above the resistance 1.1010 the pair could not, for the euro players began profit-taking and the EUR / USD hit 1.1000 down to 1.0950 area, as the election results were known, and the labor market report on Friday, has been ignored. Investors are reminded of the NFP data and the European currency continued to fall breaking the support 1.0920, but to gain a foothold below bears could not, and EUR / USD consolidated near 1.0920.
Forecast EUR / USD recommendation 05/09/2017
The EUR / USD is consolidating around 1.0920-30, players on May 9 should not expect continued decline of the euro, market participants continue to act out the NFP data, and a possible increase in the Fed rate increase the probability according to CME Group's FedWatch increased from 78.5% to 83.1 %, in July - from 80% to 84.4%, in September - from 87.6% to 91.2%. In the breakdown of 1.0900 euro is expected to fall to 1.0850- 1.0820. Alternative EUR / USD: At a penetration resistance of 1.0950 likely retest 1.1000.
Forex technical analysis the pair gbp usd GBP / USD on 05/09/2017
Briton paired with greenbacks just began trading Monday growth sterling buyers several times attempted to break through the 1.3000 level, but success is not achieved. Profit-taking and news on Friday of the state, have left the pound chances. Bears seized the initiative and quotation GBP / USD dropped breaking the support 1.2950, where the pair started to consolidate
Forecast GBP / USD recommendation 09/05/2017
GBP / USD pair is trading around 1.2940, market participants should not expect to continue to reduce 1.2920-1.290., The breakdown of the support level will enable the bears to continue to fall to 1.2850. Reject from 1.2900 level will likely result in the re-test 1.2950. Alternative: The breakdown of 1.2950 to allow traders to re-test 1.3000.
Forex. Forecast the dollar yen pair and Technical Analysis USD / JPY on 09/05/2017
USD / JPY opened lower prices to the level of 112.40, where players have to buy greenbacks, the pair broke the level of 112.80. And the purpose of investors has become a mark 133.00, which also successfully overcome. The pair is consolidating in the range of 113.00 - 113.10
Forecast USD / JPY recommendation 05/09/2017
Investors on the dollar in tandem with the Japanese currency, today May 9 is expected to continue the growth of greenbacks. The purpose of 113.50-80, 114.00 and possibly above. Alternative for USD / JPY: the breakdown and fixing the pair USD / JPY below 113.00 support will enable the bears to return the price to marks 112.40 - 112.00
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