Technical analyst and forex forecast on 31.01.2017: EUR / USD, GBP / USD, USD / JPY, GOLD, DAX, Brent
Spain's GDP came out at the forecast level, but the euro, this news is not supported. The focus of the market performance of the future European Central Bank head, as well as a report on the German labor market, which is expected to increase the number of unemployed. potreb Index. prices in the euro area is also expected with the growth.
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Euro Dollar current situation
Monday, EUR / USD pair opened with a gap-th. The price has jumped from the 1.0700 level to 1.0740 in early trading. However, in the middle of the Asian session, the negative tone on the dollar weakened. Bulls were unable to achieve their goals and gave way to sellers. Bears seized control of the market and pushed the price back to the level of 1.0700, where the pair was virtually unchanged in the middle of the European session. Before the discovery of America a couple of majors exchanges broke through the level of 1.0700 after falling to around 1.0650 first, and then lower. On the 4-hour chart, the price in the middle of the European session the pair broke down the 50 EMA and the 100 EMA are tested. 50 EMA and 100 EMA are directed upwards, and the 200 EMA remained neutral. Resistance is at around 1.0750, and 1.0700 support.
The MACD indicator is located on the center line. If the histogram will enter the positive zone, the power of buyers will increase. If the MACD back into negative territory, the sellers take control of the market. RSI is in the neutral zone and was sent down.
Forecast EUR / USD on 01.31.2017
before the EUR / USD could pave the growth it needs to re-test the level of 1.8000. However, the couple have a good chance to lower today. If the price consolidates below 1.0650, the path to a mark 1.0550 will open. as the EUR / USD pair will be able to pave the growth it needs to re-test the level of 1.8000.
Forex. Technical analysis and forecast of the pair gbp usd GBP / USD today 01.31.2017
The economic calendar Monday not to publish news about the UK. Attention traders focused on the upcoming meetings of the Bank of England and the United States on Wednesday.
Pound Dollar current situation
in the beginning of the week pair GBP / USD jumped up. The price has risen to the level of 1.2600, where bumped into a strong barrier. The pair rebounded from this level and fell down to the level at which started trading, closing thus the bullish gap formed in the opening. During the European session, the price moved to the level of 1.2500, but could not reach him. On the 4-hour chart, the pound was located above the moving averages. 100-EMA-EMA 200 crossed upwards. 50 EMA and 100 EMA are directed upwards, and the 200 EMA remained bearish neutral. Resistance is at 1.2600, and 1.2500 support.
MACD has decreased, which indicates a weakening of the positions of sellers. The RSI indicator is released from the overbought area and heading down.
Forecast GBP / USD on 31/01/2017
The graph prevailing downtrend. If the level of 1.2500 is broken, this will determine the further movement of the GBP / USD pair down to the 1.2400 mark.
Technical analysis and forex rate forecast USD / JPY today 31/01/2017
Height US securities helped the dollar recover some of its losses against the yen. In addition, the weak retail sales in Japan weakened nat. currency. Market pending the decision of the Central Bank of Japan's monetary policy and interest rate decisions.
Dollar Yen current situation
powerful rally, which lasted for the past two days, stood at around 115.00. On Monday, at the opening of trading, the US dollar fell against the Japanese currency. The pair dropped from 115.00 to 114.85 and then continued to decline. After setting new lows near 114.23 pair reversed and rolled back to the opening price. In early European trade, the dollar approached a mark of 115.00 and then rolled back. Before the opening of the New York session, the price placed on a few points below the level of 115.00. On the 4-hour chart, the pair tested the 100 EMA. After that she remained in the area 100 EMA. 100-EMA-EMA and 200 were neutral, while EMA-50 bovine retained orientation. Resistance is at around 115.00 and support at the level of 114.00.
MACD located in the positive zone. RSI was oversold near neutral territory.
Forecast USD / JPY on 01/31/2017
Medium-term bullish support the development of an upward movement. Breakthrough levels of 115.00 will allow the pair to approach the mark of 116.00. 100-EMA-EMA and 200 were neutral, while EMA-50 bovine retained orientation. Resistance is at around 115.00 and support at the level of 114.00. MACD located in the positive zone. RSI was oversold near neutral territory.
Forex Technical Analysis USD / CAD today 01.31.2017
Traders are waiting for the publication of the GDP of Canada in November. According to analysts is expected to grow. At the same time decline in commodity prices weighed on commodity currencies - the Canadian dollar. Negative for majeure were also news about the terrorist attack in Quebec last week.
USD / CAD Current Situation
On Monday the dollar continued its short-term bullish trend. After a brief consolidation during Asian trading, the US dollar began to grow. At the very beginning of the European session, the pair accelerated growth, reaching 1.3190. However, the upward movement stopped after the price reached a value of 1.3158, where the pair remained until the opening of the New York Stock Exchange. On the 4-hour chart, the price is below the moving srednih.50-EMA has crossed up the 100 EMA. EMA 50 and EMA 200 were neutral, while EMA 100 bear retained orientation. Resistance is at around 1.3190, and support - 1.3120.
MACD rose, suggesting a weakening sellers. RSI was in the neutral zone.
Forecast USD / CAD on 01/31/2017
Now all eyes are on the level of 1.3120. If the price breaks through it, the next goal is worthy, will be the level 1.3090, below 1.3050.
Gold technical analysis and forex forecast XAU / USD on 01.31.2017
Precious metal continues to be in demand in the background of the first decrees of Donald Trump as president. Since restrictions on immigrants from a number of Islamic countries have increased fears of protectionism President, increasing the demand for gold.
Gold is the current situation of
Friday's recovery was halted around $ 1195 per ounce. After the precious metal reached this mark, the direction of movement of quotations has changed and they have decreased. Gold prices tested uroven1190 at the beginning of the European session and remained close to this level before the opening of US trading. The price rebounded from the 100 EMA and remains below the 50 EMA and the 100 EMA on the 4-hour chart. 100-EMA-EMA and 200 were neutral, while the 50-EMA was sent down on said time frame. Resistance is at 1190, and at the level of support of $ 1180 per ounce.
MACD rose, indicating the weakening position of sellers. RSI came out of the neutral zone and headed south.
Gold XAU / USD forecast for 01/31/2017
The fall below 1190 points to the fact that the growth momentum weakened. The next level, which will be sent to the attention of traders will be 1180 dollars per ounce.
Technical analyst and forex forecast for Brent oil prices today 01.31.2017
in the US The growth of oil production puts downward pressure on the Brent oil rate. Increase in the number of drilling in America, too, is putting pressure on the raw material.
Oil Current Situation
On Monday, oil prices were in the usual range. Price throughout the day moved in the upward direction in the corridor, limited marks 55.50 and 55.15. On the 4-hour chart, the price has broken through moving averages upwards. EMA-50 and 100-EMA-EMA 200 crossed downward. 50 EMA and 100 EMA demonstrated a bearish bias, while 200 EMA remained neutral on the same chart. Resistance is at 55.50, and at 54.50 dollars per barrel support.
The MACD indicator is located on the center line. If the histogram will go down in the negative zone, sellers position increase. If MACD is back in positive territory, buyers will get control of the market. RSI is in the oversold zone near the neutral zone.
Oil forecast for 01.31.2017
In the short term expected prevalence of interest in sales. In the case of steady downward breakdown level 55.50, the decline may continue to around 54.50 dollars per barrel.
DAX forecast and analyst for investors today 01.31.2017
Global equity markets falling, and dragged down European stock indexes. Investors show concern over the consequences of the policy of Donald Trump, for trade and for the global economy.
DAX current situation
Week for the index opened with a gap down. Price bounced in the area of 11800, and then kept the bearish sentiment. Bears increased their pressure and sent the price in the area of 11700 in early European trading. The index to consolidate above the moving average on the 4-hour chart. Moving averages have retained a bullish bias on said time frame. Resistance is at 11800, and 11700. Support
MACD has decreased, which indicates a weakening of customer positions. The RSI indicator has gone out of the overbought zone, intending to go down.
Forecast DAX on 01/31/2017
risks of continuing decline in trading on the DAX index is stored, but it is recommended to wait until the close of trading below the level of 11,700 to succumb before the bearish sentiment. Target for bargains on sale will be the mark of 11,600.
Investram technical analysis and forecast of S & P500 today 01.31.2017
The US financial markets opened Monday trading lower on uncertainty in connection with the recent decrees Trump, on foreign policy. On the market fear that the political and economic course of the new president much impact on the political and economic life of both the United States and around the world.
S & P500 the current situation
at the opening of trading the S & P500 formed a gap down. The price rebounded to the level in 2280, which became a strong barrier. After testing this level benchmark rolled into the area in 2285, nearly cutting off the night the price gap. According to the 4-hour chart, the benchmark was fixed significantly above the moving averages Moving averages retained a bullish bias on the same chart. Resistance is at around 2300
and support at 2280. the MACD fell, indicating a weakening of the position of the buyer. RSI Oscillator was located in the neutral zone.
S & P500 forecast for 31/01/2017
Price seeks a strong level of 2280, the loss of which would lead to a weakening of the mark in 2270.
* Analytical review of the broker of Fort the Financial Services , analyst Alexander Kofman