Sunday, December 31, 2017

Analyst from the company ForexMart

Analyst from the company ForexMart (ForeksMart)

USD / CHF. 22.02. The resumption of the bullish trend

Currency pair USD / CHF shows a strong growth and now is trading above the simple moving average (50) in the resistance area at 1.0125. Today's statistics from Germany was better than expected, and the euro area has coincided with forecasts of analysts. But the euro continues to lose ground against the US dollar, and after him, the Swiss franc. One of the reasons - increased political uncertainty before the elections in France. After a couple will be corrected, you can look for further purchases, are now seeing the resumption of medium-term uptrend.



USD / CAD. 22.02. Ichimoku forecast loonie

At the beginning of the day the pair is trading at 1.3123. Having managed to break through the upper limit of the Ichimoku Cloud, the "bulls" made a sharp jump up and continued their march north with the upside to 1.3220. Accelerating the growth of Canadian quotations to be expected after experiencing a significant level of 1.3180. An alternative option for the pair USD / CAD may be a drop in the tool and sample the lower border of the Ichimoku in 1.3050. In this initiative will go into the "bears" will be the legs and possible further development of the downward trend.

Today, Canada is expected to yield data relative to the base index of retail sales.


EUR / GBP. 22.02. Cross reduced to half month lows

The pair closed the previous day decline. Now cross-country actual downtrend. After spending a long time in the outset, the pair failed to break through the lower boundary of the existing range and is now trading at 0.8430. Level 0.8456 is a minimum six-week cross-country, the last time the pair went to this area in the beginning of January this year. The indicators speak in favor of maintaining the current trend.

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