Technical analysis of forex forecast for today 18.07.2017: EUR / USD, GBP / USD, USD / JPY, GBP / JPY, EUR / JPY, AUD / USD, XAU / USD, Brent, DAX, NASDAQ

17 июля 2017 - Fx4News

Technical forex euro dollar forecast (EUR / USD) as of today 07/18/2017

Bullish sentiment is still popular among traders. Currency pair remains in the uplink. At the moment, prices are adjusted downward. Resistance is located at 1.1500, 1.1450 support level.

Forecast EUR / USD : The breakdown of 1.1450 may extend the correction to 1.1400.

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Technical forex forecast pair gbp usd GBP / USD on 18/07/2017

bull pressure on the market weakened after the price tested the 1.3100. Quotes pound rebounded from the level, heading towards 1.3050. Resistance is at 1.3100, support at 1.3000.

Prediction GBP / USD : We expect short-term downward movement towards 1.3000.

Technical forex forecast for today, the dollar yen pair USD / JPY on 18/07/2017

After a sharp decline on Friday, the currency pair is corrected. The dollar rebounded from 112.24 to 112.80 and stronger. Here the decline has stopped and returned to asset reduction. Resistance is at 113.00, support lies at 112.00.

Forecast USD / JPY : The pair left the currency rising channel. Consolidation below 112.00 could strengthen the bearish sentiment and lower prices to the level of 111.60 (the last line of defense of bulls).

Technical analyst forex forecast pair pound Yen (GBP / JPY) today 18/07/2017

Currency pair is still in the medium-term rising channel. After the rally last Friday, the price back down. Asset bounced from 147.54 to night trading and tested 147.00 by mid-day. Resistance lies at 148.00, 147.00 support level.

Forecast GBP / JPY : We still are in favor of shopping, but now expect a pullback to 146.70. If the mark falls, traders are likely to test the 146.00.

Forex. Technical analysis of the euro, the yen and the forecast pair EUR / JPY today 07.18.2017

EUR / JPY is going to leave the uplink. Now trading is at its bottom. The level of 128.50 is currently stopped sellers, throwing them to the 129.00. Resistance is at 129.00, support at 128.50.

Forecast EUR / JPY: If buyers return control, the majors will be able to return to 130.00. On the other hand, the breakdown of 129.00 will open the way to 128.00.

Technical forex forecast AUD / USD today 07/18/2017

Quotes of the Australian dollar to keep a positive attitude on Monday. On the level of 0.7800 buyers seized last week. The price has almost reached 0.7850, when the forces left the bulls. On Monday, AUD / USD fell slightly to 0.7800. Resistance is located at 0.7850, 0.7800 support level.

Forecast AUD / USD : In order to strengthen its position sellers need to be beaten below 0.7800. Otherwise, the bulls returned to the 0.7850 price.

Technical analysis and gold XAU / USD forecast for today 07/18/2017

At the end of the gold price last week made another attempt to leave the descending channel. Strong bulls onslaught was stopped in 1230. Today the area is neutral market, prices remain near 1230. Resistance is located at 1240 support level 1230 dollars per ounce.

Gold Forecast : From the technical picture, the upward movement may continue, but first gold needed to consolidate above 1230. If successful, the market will be able to test in 1240 dollars per ounce.

Technical analysis and forecast of the oil price Brent 18.07.2017

Bulls continue to maintain control over the market. Buyers almost managed to reach 49.50, when the forces left them. At the moment, prices froze near the 49th figure. Resistance is located at 49.50, support is the level of 48.50 dollars per barrel.

Bulls are likely to retain control over the market. We are waiting for further growth and testing of $ 49.50 per barrel.

Investors forecast the DAX today 07/18/2017

Bears managed to briefly seize the market. From the first minutes of trading, the index came under pressure. The benchmark broke 12,600, then rushing to 12500. The situation changed after the DAX tested 12527. Buyers returned to the market itself, and raised the price to 12600. The resistance is at 12600, support is at 12500.

DAX prognosis : If the pressure continues, quotes the German index dropped to 12,500.

Analytics and forecast S & P500 today 18/07/2017

The level of 2460 has become a barrier for buyers. Resistance has not yet let up the index. Prices remain near recent highs on Monday. Resistance is located at 2460 support level 2440.

S & P500 Forecast: Bullish trend is still in force. Reduced activity of bulls temporary. We are waiting for rollback to 2450 and then return to shopping.