The forecast from the company ForexMart

The forecast from the company ForexMart (ForeksMart)

Forecast USD / RUB on March 15th.

The dollar / ruble continues to grow against the background of reduction in price of oil. Also, the pressure on the national currency have Russian officials saying that a strong ruble will not need government. Moreover, adds fuel to the fire and OPEC, declared a lack of decrease in production in February. The report provided a + OPEC production growth data on 400 thousand barrels compared to the expected 300 thousand. Another cause for concern should be considered on oil reserves in the country reports from the US Department of Energy and the API, which is to be published today and tomorrow.

The ruble exchange rate dropped to a mark of 59.35. Relative Strength Indicator showed a rebound from the trend line and the approximation to the resistance level. This will limit further growth of quotations of the pair. Forecast for today assumes the test the upper boundary of the rising channel at the level of 59.54 rubles and bounce down.

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Forecast GBP / USD on March 15th.

Parliament approved the start of the output of the process of the EU and the pound in one step from the long-awaited independence of Great Britain. Vcherashniyy day pound began with the development of the downward trend - the pair dropped to 1.2108. Indicative of the relative power point to the possibility of retrying the bears break the level of 1.21. Forecast for today involves the preservation of the downward trend.

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Forecast USD / CAD on March 15th.

Quotes pair failed to overcome the resistance level of 1.3437 and bounced up. The further growth of quotations is confirmed by two indicators. First, formed "bullish" Forex model 1: 1, indicating that a possible increase in the tool above the level of 1.3550. Second, the relative strength indicator shows the rebound from the support level. News background Canadian calm, the forecast for today involves the development of further upward movement with an increase to 1.36. An alternative embodiment of the sample will perform said channel bottom boundary and closing trades below 1.34.

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