Technical assistance with the cue analysis and forecast for today 07.08.2017: EUR / USD, GBP / USD, USD / JPY, EUR / JPY

6 августа 2017 - Fx4News
Technical assistance with the cue analysis and forecast for today 07.08.2017: EUR / USD, GBP / USD, USD / JPY, EUR / JPY

The technical outlook for euro dollar (EUR / USD) exchange rate for today 08/07/2017

 

The single currency keeps positive dynamics. Now the quotes are between 1.1900 and 1.1850. Resistance is located at 1.1850, 1.1800 support level.

 

Forecast EUR / USD: If the power of buyers continues, the pair can break through 1.1900, opening the way to further mount to 1.2000.

 

 

 

 

Technical forex forecast pair gbp usd GBP / USD on 08/07/2017
 

Pressure on the pound to send a pair GBP / USD down. Cable fell sharply to 1.3100 and held at the level of the whole night. On the morning of the asset began to make tentative steps towards recovery. Resistance is at 1.3200, support at 1.3100.

We expect a consolidation or correction in the market.

 

 

 

Technical forex forecast for today, the dollar yen pair USD / JPY on 08/07/2017

 

Yen still controls the market. The US dollar was under pressure and prone to further decline. Sellers have led the market to 110.00, and the night unsuccessfully trying to master it. The first half of the day the pair USD / JPY held at the level of 110.00. Resistance is at 111.00, support lies at 110.00.

A close below 110.00 would signal to the market USD / JPY sales, which can last up to 109.00.

 

 

 

Technical forex forecast for today, the euro, the yen pair EUR / JPY on 08/07/2017

 

Currency pair EUR / JPY 131 left the region and went down. Bears were able to move the market to 130.50, where they were forced to retreat. Euro close to the lower boundary of the uplink. Resistance is at 131.00, support at 130.50.

If the single currency manages to go below, waiting for the fall to 129.00.

 

 

Analytical review of the submitted broker  Fort Financial Services

 

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