Forex. Technical analyst, and the forecast for today 22.11.2016: EUR / USD, GBP / USD, USD / JPY, GOLD, Brent

22 ноября 2016 - Fx4News

Technical analyst, and the forecast for today, the euro dollar (EUR / USD) 22.11.2016

On Monday, the European currency has recovered somewhat as a result of the weak US dollar downward correction. Bearish factor of pressure on the euro are the political risks in the euro zone due to the threat of withdrawal from the EU countries such as Italy and France. Meanwhile, investors' attention is directed to ECB President Mario Draghi.

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The current situation in the euro

Price met strong resistance near the 1.0550 mark. The euro rebounded from this level, and back some losses against the US counterpart in trading on Monday. Despite the positive attitude, the European currency remained in "red" zone, and the current rebound may be considered corrective. The pair remained in the downlink and rebounded from its lower boundary. Buyers and sellers have struggled to overcome the 1.0650 level before the opening of US trading. On the hourly chart the price broke through the 50 EMA at the opening of the European session. All the moving averages are moving downward. Resistance is at 1.0650, support - at 1.0600.

Technical indicators continued to rebound from oversold levels, but are in bearish zone. MACD rose, indicating a weakening of the position of sellers. However, the hourly chart is marked bullish divergence MACD. The RSI has lost force downward movement and headed north.

Forecast EUR / USD 22.11.2016

Slight pullback dollar triggered profit-taking after the recent decrease in pair. A further weakening of the dollar could contribute to the continuation of the current euro recovery. Couple keep the mood to buy, if entrenched above $ 1.0650. If the buyers will be able to raise the price above the level of 1.0650, the EUR / USD may continue to grow in the region of 1.0700.

Technical analyst, and the forecast for today Pound Dollar (GBP / USD) 22.11.2016

Earlier this week, the currency pair GBP / USD was trading steadily in connection with an empty macroeconomic calendar. Note that the US currency is still growing, as it remains optimistic about the acceleration of economic development during the reign of the new president. At the same time, the British currency remains under pressure Brekzita.

Current Situation British Pound

The pound remained less active, trading in a narrow range 1.2320-1.2370 during Asian session on Monday. Sellers have found temporary support at 1.2300, and stopped to consolidate its achievements. Sterling jumped up in the middle of the European session, and tested the 1.2400 mark before the opening of US trading. Price tested the 50 EMA and the 100 EMA on the 4-hour chart. 50 EMA 100 EMA and the 200 EMA show moderately bearish bias.Resistance is located at 1.2500, support - at 1.2400.

Indicators remained in the negative zone and did not change significantly in the last week. MACD remained at the same level, which indicates the position gain sellers. The RSI remains in the oversold zone.

Forecast GBP / USD 22.11.2016

Strong growth above the current resistance might unearth the way for further growth of the pair to 1.2450, where the 200 EMA, which may limit the upward movement of the tool. If the downward trend remains in force, sellers may even reduce the pair and update the lows in the 1.2200 area.

on the dollar, the yen today Technical analyst and forecast (USD / JPY) 22.11.2016

At the start of a new week the Japanese currency weakened against the US dollar after the publication of figures on foreign trade in Japan. Little support for the yen had a positive report on business activity index of the state.As for the dollar, so he wins a new position on the background of a possible tightening of monetary policy in the near future.

The current in the pair dollar yen

Despite the fact that the pair USD / JPY failed to extend gains and pulled back almost immediately after testing the 111.00 mark, the instrument remained in the "green" zone in trading Monday. Price remains in the uplink, only slightly moved away from its upper limit. Trading instrument held above the moving average on the 4-hour chart.Moving averages are directed upwards. Resistance is located at 111.00 and 110.00 support area.

MACD has decreased, which indicates a weakening of customer positions. On the hourly chart the MACD bearish divergence observed. The RSI indicator remained close to the overbought zone, intending to drop.

Forecast USD / JPY 22.11.2016

Failure to break the level of 111.00 may lead to a weakening of the dollar and its reduction to the level of 110.00.Break down of this level will help to reduce the asset to the area of 109.00.

Technical analyst, and the forecast rate of gold to date 11/22/2016

Earlier this week, gold futures showed growth, but remained near lows amid growing expectations of recovery the Fed's interest rates and fiscal stimulus in the new American president.

The current situation in gold

Technically, on Monday, market sentiment remained in the negative zone. Gold prices have met an obstacle near the mark of $ 1,200 per ounce. Sellers have lost his head, and the couple was able to partially recover. Quotes of the metal changed direction and went up to the mark in 1215 after the opening of the European session. Precious metal struck the 50-EMA and approached the 100-EMA on the hourly chart. 100 EMA has slowed its recovery, trading a few points below the moving average. All moving averages continued to decline. Resistance is located at 1220 support - to 1210 dollars per ounce.

MACD rose, indicating a weakening of the position of sellers. RSI rebounded from oversold area.

Gold Forecast 22/11/2016

The pair could continue to strengthen its position if strikes up a mark 1220. The breakdown of this mark-up may send prices to 1230. If the market will not be able to maintain a positive attitude, the precious metal will decline to around $ 1,200 per ounce.

Technical analyst, and the forecast for oil prices today 11/22/2016

Oil quotes rushed up and peaked 3 weeks, as a glimmer of hope with respect to the successful conclusion of the freezing of oil production at the meeting of the OPEC agreement in late November.

Brent is the current situation

At the auction on Monday the positive mood of the market remained raw. Oil prices have formed a gap in the upstream direction to the opening of trading, the price rebounded from the level of 46.84 to 47.27 dollars per barrel. Brent continued to strengthen after the gap and struck 47.50 mark in the middle of the European session.After the breakdown of the level of crude oil prices continued gaining ground towards 48.50. Benchmark bounced up from the 100 EMA during European trading. After the breakdown of the moving average price went to the 200 EMA. EMA-50 turned upwards, whereas the 100 and 200-EMA-EMA continued to decline. Resistance is located at 48.50, and support - to 47.50 dollars per barrel.

The MACD histogram has increased, which indicates the strengthening of customer positions. Oscillator RSI remained near the overbought level, intending to move up.

Oil Forecast 22/11/2016

Confident breakdown level 47.50 and close above this mark can send the price to 48.50. However, Brent is overbought, and is not ruled out a large-scale correction in the area of 45.50.