Technical analysts and Forex forecast for today 12.12.2016: EUR / USD, GBP / USD, USD / JPY, GOLD, Brent
Grenbek forex trading on Friday, trading the euro is stable, after falling EURUSD pair on the decision of the ECB.
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Euro Dollar current situation
The euro against the dollar again sank on the last trading day last week. The euro fell to fresh month highs thereby nevilirovav recent successes. The EUR / USD continued to move in a southerly direction at auction Friday. Bears managed to break through the 1.0600 mark and continue to decline to a level of 1.0550. At the start of trading in the US dollar, the euro has broken this level. On the 4-hour chart, the price rebounded from the 200 EMA in the downward direction. The price has broken the 50 EMA and the 100 EMA, and then continued to decline below the moving srednih.200-EMA and 100 EMA preserved bearish bias, while the 50-EMA became neutral. Resistance at 1.0600, support - at 1.0550.
MACD entered the negative zone. If the MACD will remain in the negative zone, sellers position strengthened. The RSI was oversold.
Forecast EUR / USD on 12.12.2016
When attaching the euro quotes dollar below support 1.0600, the decline is likely to continue in the short term.The aim of the seller s euro the mark 1.0550 and 1.0500.
Technical analysis and forecast for the pound dollar (GBP / USD) as of today 12/12/2016
Britain's currency gained support on Friday trading on the data on the reduction of foreign trade deficit and increase exports to record levels.
Pound Dollar current situation
Sterling in early trading on the forex on Friday was able to regain some of the lost ground. Bulls pound raised a couple of tried and strength mark of 1.2600 in trading in Europe. After a test of this level attitude buyers I slept, and Briton rolled beneath him. On the 4-hour chart, the pair GBP / USD tested the 50-EMA. Moving averages are preserved bullish bias. Resistance is located at 1.2600, support - at 1.2500.
MACD entered the negative zone. If the MACD will remain in the negative zone, sellers position strengthened. RSI is neutral.
Forecast GBP / USD on 12.12.2016
In the breakdown of the pair Pound Dollar down 1.2600 mark possible further weakening of the pair GBP / USD.The aim bears on the pound 1.2500 level.
Technical analysis and forecast of the dollar, the yen (USD / JPY) 12.12.2016 Today
On Friday, the yen fell against the US currency. The factor of pressure on the Japanese currency throughout the week is profitable growth US Treasuries, which increased demand for the US dollar.
yen Dollar current situation
On Friday the pair were held in a positive manner. The dollar continued its medium-term uptrend. The new buying interest helped the bulls to overcome the mark of 114.00. After the breakdown of this level the pair continued to rise and went to the area of 115.00. The dollar tested this mark before the opening of the US session. On the 4-hour chart, the price rebounded from the 50-EMA in an upward direction. Moving averages have continued to move up on the same time-frame. Resistance is located at 115.00 and 114.00 support area.
The MACD histogram has increased, which indicates the strengthening of customer positions. RSI remain near overbought levels, intending to climb.
Forecast USD / JPY 12.12.2016
Break up the level of 115.00 will open the way towards 116.00 resistance. If the price reaches this level successfully, it will be possible further growth in the area of 117.00.
Technical analysis and forecast of AUD / USD for today 12/12/2016
Australian dollar showed mixed trading after the publication of the reports from Australia and China. As it became known, the number of loans in Australia fell less than expected. With regard to the report of China, consumer prices were higher than forecast.
AUD / USD Current Situation
The AUD / USD was trading in an upward direction during the European session Friday. However, short-term rally has lost power in the area of 0.7500. This level has become a strong obstacle and tipped the price down. The price rebounded from the 50-EMA and headed to the 200 EMA, from which strayed down. 200 EMA and the 100 EMA are directed downwards, while the 50-EMA was neutral. Resistance is located at the level of 0.7500, and support - at the level of 0.7450.
MACD trading in the downward direction. The RSI indicator remained in the neutral zone.
Forecast AUD / USD 12.12.2016
If the couple does not continue to rise, the bulls can retreat. The rebound from the level 0.7500 could lead to a new reduction of 0.7450. Movement below may develop to the level of 0.7350.
Technical analysis and forecast rate of gold (XAU / USD) as of today 12/12/2016
Gold on Friday continued trading under pressure. A negative factor for the precious metal appears the fact that the Chinese bank will not replenish the gold reserves. In addition, the exposed metal sales on the background of the strengthening of the US dollar as the market rising expectations regarding changes in rates to 0.75% at the next meeting.
Gold is the current situation
Gold prices remained in the downlink. On Friday, gold was traded in the downward direction and test its lower bound. The level of US $ 1160 per ounce proved strong obstacle. Earlier, three times the level of beat price.Quotes rebounded from 50-EMA and continued trading well below the moving average on the 4-hour chart. All the moving averages are pointing downwards. Resistance is located at 1170, support - at 1160 dollars per ounce.
The MACD indicator is located on the ground level. If the histogram will enter the positive zone, it will point to the strengthening of the positions of buyers. If MACD returns into negative territory, control of the market will go to the sellers. RSI dropped.
Forecast Gold 12.12.2016
If the price consolidates below the support 1170, the downward movement may continue in the short term.Target Potential sellers are the levels of 1150 and US $ 1,140 per ounce.
Technical analysis and forecast of oil prices today 12/12/2016
Oil prices are rising in anticipation of a new meeting of oil producers, which will be held on Saturday. Investors hope that the agreement on limitation of oil production will be realized.
Oil Current Situation
On Friday, Brent oil prices rebounded from the brand corrective low of around $ 52.79 per barrel. After the break 53.50 level buyers continued gaining ground and tested the 54.50 mark. Prices for Brent crude leveled almost all the losses suffered on Monday. Price was located above the moving average on the 4-hour chart. EMA-200 remained neutral, while EMA 50 and EMA 100 directed upwards. Resistance is located at 54.50 and support - to 53.50 dollars per barrel.
The MACD histogram has increased, which indicates the strengthening of customer positions. Oscillator RSI remained close to the overbought zone, intending to climb.
Oil Forecast 12/12/2016
Break up the level of 54.50 will open the way to the level of 55.50. In case of failure in this area prices could fall to the level of 52.50 dollars per barrel.
Technical analysis and forecast for the DAX today 12/12/2016
With the opening of trading in Europe, stock markets rose, buoyed by rising in price the health sector securities, while shares of Gemalto began to be in great demand after the news of the takeover.
DAX current situation
At the opening of trading the index formed a gap. However, the downward momentum waned and the price changed direction and continued growth. Traders struck level 11200 and updated multi-month highs near 11237. At the 4-hour chart, the price is fixed above the moving averages. EMA-50, 100-EMA-EMA 200 and turned up at the said time frame. Resistance is located at 11300, and support - at the level of 11,200.
The MACD histogram has increased, which indicates the strengthening of customer positions. The RSI indicator remained in the overbought zone.
Forecast DAX 12.12.2016
General sentiment remained bullish and the price can go up to 11300 resistance.
The S & P500 Technical Analysis and Forecast 12/12/2016
On Friday, US indices traded a third consecutive day in positive territory, as their support to strengthen health actions and technology stocks.
Index S & P500 current situation
On Friday, the index trading sentiment remained strong for the purchase and were set record highs. Price departed from the level in 2240 and reached the area in 2260 during the American session. The price has continued to trade significantly above the moving average on the 4-hour chart. Moving averages continued upward movement. Resistance is located at the index at the level of 2260, support - 2240.
MACD traded up. The RSI indicator remained in the overbought zone.
Forecast Index S & P500 12.12.2016
If control of the market remains in the hands of customers, S & P500 index breaks the level of 2260. A daily close above it would open the way to the area in 2280.
* Analytical review of the broker of Fort the Financial Services , analyst Alexander Kofman