Technical analyst, forex forecast the euro dollar (EUR / USD) as of today 05/12/2017
Euro paired with greenbacks Forex on Thursday conducted a trade in a narrow range of 1.0900 - 1.0850, first support for the bears tried to break through 1.0850, but the attempt was unsuccessful. Following the bulls took a counter attack on the 1.0900 level, which also stopped the buyers, and the euro price fell to 1.0850 again, and even the breakdown of support at the moment of reaching the 1.0835, but keep winning customers were not able to. The euro is back above 1.0850 - 80 and was consolidated.
Forex Forecast EUR / USD recommendation 05/12/2017
Today, forex traders on the EUR / USD should continue to wait for the purpose of reducing the 1.0820-1.0780, the breakdown and consolidation below 1.0850. An alternative to the growth necessary to consider the resistance 1.0900 sample, which will help customers test 1.0950-60
Forex technical analysis the pair gbp usd GBP / USD on 12/05/2017
Briton paired with American trading day spent under pressure as anticipated forecast GBP / USD on May 11 . GBP / USD pair dropped to the 1.2850 level, but could not break through and retreated to 1.2890.
Forecast GBP / USD recommendation 05/12/2017
Investors on the pair GBP / USD re-test should not expect the level of 1.2850 today, while confident penetration continued decline to 1.2820 - 1.2800. Alternative for pound, the breakdown and fixing prices above 1.2900, the sterling will allow buyers to continue to grow to 1.2950
Forecast Forex pair yen dollar and technical analysis of USD / JPY on 05/12/2017
USD / JPY is trading at the currency market on Thursday, failed to break the resistance of 114.00-10, and the couple was under bearish pressure. Quotations fell to 113.50 support, but to overcome the mark could not bear. Buyers bit recover losses the dollar, the yen traded at 113.80 - 90.
Forecast USD / JPY recommendation 05/12/2017
Market participants on the dollar yen pair today is expected to reduce quotations for the purpose of 113.50 and lower post-test 114.00. Alternative: A break and consolidation above $ 114.00-10 allow customers USD / JPY to test the level of 114.50
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.
