Forecast for the week
Summarizing the views of 35 analysts from leading banks and brokerage firms, as well as the forecasts made on the basis of a wide variety of technical and graphical analysis methods, we can say the following: - in the week EUR / USD, the vast majority of experts and technical indicators (61%) predict the completion of Friday's correction and further
growth to a height of 1.1500. At the same time, we must remember that the
same experts agree that in July-August, the couple should again fall at least until the 1.0400-1.0500 area. If we talk about the graphical analysis, the Monday couple must grow to the level of 1.1190, and then rush down to 1.1000 - about the future of the pair GBP / USD opposition analysts and indicators continues: the first - for the most part (77%) of the pair, second (100%) - for its fall. Given that the pair last week was sideways, we can assume that this week, GBP / USD will oscillate around the axis of 1.5270, remaining within the corridor 1.5150-1.5450. If the bit to extend the time frame, then we can expect the return of this couple in the zone of 1.5000 - Friday USD / JPY pair has reached the level of June 2007, following a record height - 135.00, where the couple visited the winter of 2002. However, this pair must first gain a foothold in the area of 126.00. Technical indicators offer a choice of two values Pivot Points - 124.30 and 125.40. It seems more likely that 124.30 will be for USD / JPY support level, which is based on the "bulls" will push the pair up in the zone 126.70-127.40 - pair USD / CHF and 70% of
experts and 61% of the H4 indicators and graphical analysis of
the system predict
growth to at least 0.9530. The basic level of support should be the level of 0.9340, to which the pair may fall in the beginning of the week, then to rush up.
No comments:
Post a Comment