Saturday, December 23, 2017

Analyst from the company ForexMart

Analyst from the company ForexMart (ForeksMart)

AUD / USD. 18.04. Minutes of the RBA collapses Ozzy

The currency pair AUD / USD during yesterday's trading at 0.7600 reached the target, forming a reversal pattern "pin-bar." After the publication of the minutes of the Reserve Bank of Australia to the decision on the monetary policy, the pair have fallen sharply and is currently trading at the resistance line of 0.7530, in the 38.2 Fibonacci. Bears have already swallowed the last three daily candles, see if they can overcome this resistance. Most likely, we are waiting for a correction in the region of 0.7550, and the transition to the lateral movement. It is better to refrain from opening new trades on the trading instrument to clarify the situation.

Brent. 18.04. Oil in anticipation of major drivers for growth

Oil continues to hold its position in the area of ​​$ 55.50 a barrel. Rise above the important level of $ 56 oil quotes prevent negative signals from the United States, where he actively growing number of drilling rigs operating already 13th consecutive week. Today, however, is expected to yield favorable statistics from the American Petroleum Institute (API). Experts suggest a decline in US stocks and crude oil production by 2 million barrels. Against these expectations the oil price may rise close to the mark of $ 56 per barrel.

Commodity market participants are closely watching the situation around the extension of the Vienna Agreement for another six months. Most member countries supported the idea of ​​prolongation of the decline in oil production, which has a positive impact on the growth and strengthening of the asset. However, the Minister of Energy of Saudi Arabia believes until these plans are premature. Also supporting oil have positive data on the state of the Chinese economy - the largest buyer of "black gold" in the world.

As long as the oil does not get quite serious driver for future growth, the cost of hydrocarbons will consolidate around the $ 55,50- $ 56,00.

GBP / USD. 18.04. With the pound is not so obvious

Yesterday pound of finished rising. Today, at the beginning of the trading session, the pound showed an increase in the area of ​​1.2606. However, a firm foothold in the pound there could not, and went on to decline. However, the course is located above the MA. MACD is above zero and slightly increasing. RSI turned up in the overbought zone. It is recommended to watch the couple and does not enter into the transaction. Firmly seated prices in the area of ​​support or resistance level can be opened sdelki.Uroven support: 1.2520, 1,2436.Uroven resistance: 1.2580, 1.2614.



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