The forecast from the company ForexMart

The forecast from the company ForexMart (ForeksMart)

Forecast NZD / USD on February 10

The currency pair New Zealand Dollar / US Dollar has fallen off sharply after the highly anticipated decision of the Reserve Bank of New Zealand left interest rates unchanged. It happened because of too "dovish" statements by RBTSZ who do not like a strong national currency. In recent days the Kiwi lost more than 100 points, broke the bullish trend and is now trading near 0.7190 - the 38.2 Fibonacci level. The US dollar is rising on expectations of a meeting Trump and Abe. In the near future, we expect price stabilization in the region of 0.7200.

Bitcoin exchange rate forecast of 10 February

Bitcoin trading instrument / US dollar suddenly collapsed to the level of 960, which is near the exponential average for the 20 trading days and 50.0 Fibonacci area. The collapse occurred on the news that the two Chinese stock exchanges stopped withdrawals due to regulator rules. There are several trends. Firstly, Bitcoin again fell on the news from China. And, secondly, it fell sharply and the level. If there is negative news for the next cryptocurrency, then we wait until the end of correction and a new bullish wave.

Forecast USD / RUB on February 10

The Russian currency again seeks to update all the highs of the year. This was facilitated by the speech of the Central Bank of the Russian Federation Elvira Nabiullina, noted that the Ministry of Finance operations on buying and selling interventions are not and will not have an impact on the national currency. Moreover, she hinted at the lack of intention on the large-scale reduction of rates until the inflation target will be achieved. Such statements from the regulator always have a positive effect on the ruble. Oil also contributed to the strengthening of the Russian ruble resumed its growth after several days of declines, even though data from the API in the US oil reserves.

The pair USD / RUB is attempting to gain a foothold below the outset borders 59,00-60,50. The RSI indicator is turned to make the test the support level. The outlook on the pair USD / RUB suggests a slight decline of the ruble quotations with updates highs. However, after the inevitable recoil of above 59 rubles.

Forecast GBP / USD on February 10

The pair was supported by statements Terezy Mey, that hopes that the government will manage to agree on the withdrawal from the European Union. Yesterday was the speech of the head of the Bank of England Governor Mark Carney, which may have an impact on the pound. Pair managed harden higher than 1.25, but risks falling below retained. The forecast envisages the strengthening of the US currency. However, if the pair manages to rise above the level of 1.26, the script will not be reduced relevant.

The forecast EUR / USD on February 10

The market is expected to meet US President and the Prime Minister of Japan, which will be held this Friday. Yesterday was published statistics on the US labor market, which was below forecasts. The pair broke the level of 1.07, but the euro bulls failed to hold above this level. Relative Strength Indicator is located in the neutral zone, it is expected another wave of decline. The forecast assumes a reduction in the level of 1,0700-1,0740, in the region of 1.05.