Analyst from the company ForexMart

Analyst from the company ForexMart (ForeksMart)

Technical analysis of the levels of Pivot 06.07.

EUR / USD
Yesterday steam traded near the lower limit of the established range. Today, the euro is above the Pivot 1,1341 level. Indicators are moving horizontally. Today we expect the pair movement within the outset. Support levels: 1.13173, 1.12862, 1.12622. Resistance Levels: 1.13724, 1.13964, 1.14275

GBP / USD
The pound continues to trade within the flat. The pair closed yesterday's session a slight increase. Today, the British traded just above the Pivot 1,29251 level. We are waiting for the pound today continued consolidation with possible growth of the British in obalst 1.30. Support levels: 1.29033, 1.28711, 1.28493. Resistance Levels: 1.29573, 1.29791, 1.30113

USD / CAD
For Canadians still relevant downtrend. Now the pair is consolidating near the level of 1.30, lying just below the Pivot 1,29662. RSI is reduced to H4. MACD, on the contrary, is growing. If the pair will manage to break the local minimum, then forward to continuing a downward trend. if not, then we expect growth to 1.31. Support levels: 1.29197, 1.28822, resistance 1,28357.Urovni: 1.30037, 1.30502, 1.30877

NZD / USD
On Monday the pair went into a correction and is now consolidating around the level of 0.73. Indicators show a decrease in the pair. We look forward to the development of the downward trend in the area of ​​the June lows. Support levels: 0.72620, 0.72370, 0.72201. Resistance Levels: 0.73039, 0.73208, 0.73458

06.07. fundamental analysis

The focus today:

USA:

• Changing the number of people employed in non-agricultural sector

• The index of business activity in the non-manufacturing sector

• Crude oil

Europe:

• Publication of minutes of the meeting of the ECB's monetary policy

US dollar weakened after the publication of the minutes of the Federal Reserve System. Officials are divided over the inflation and monetary tightening prospects, while the market is expected to see support for the "hawkish" position Janet Yellen. Now the focus of a report on the state of the labor market, which will publish on Friday.

A member of the ECB's Governing Council Benua Kere said that at the last meeting did not discuss the change of control of monetary policy. Earlier, another representative of the ECB urged to be patient, this means that at this point expectations of cuts in incentives and rate hikes are premature.

Indicators of business activity in the UK were worse than expected, therefore, investors have begun to doubt the unexpected "hawkish" position of Chairman of the Bank of England.