01.08.2016 - Technical view

Currencies trading and euro. The price of EUR/USD showed strong growth during which broke through the important level of 1.1050 and approached the level of 1.1200. Fixing the price above this level will be the basis for continued growth to 1.1400. On the other hand, there is a significant probability of resumption of the negative dynamics with the targets at 1.1050 and 1.0985. Our medium-term outlook remains negative.

Nearest resistance levels: 1,1050, 1,1200, 1,1400, 1,1500, 1,1620, 1,1750

Nearest support levels: 1,0985, 1,0850, 1,0800, 1,0700, 1,0550, 1,0500

Currencies trading and British pound. The price of GBP/USD continued growth during which broke through 1.3225 the level of. Fixing the price above this mark will be the basis for the continuing rising dynamics to price with the target of 1.3500. In case of correction, quotes may return to 1.3000. Our medium-term outlook remains negative with potential targets at 1.2600 and 1.2200.

Nearest resistance levels: 1,3225, 1,3350, 1,3500, 1.3600, 1.3840, 1.4040, 1.4500, 1.4670

Nearest support levels: 1,3000, 1,2800, 1,2600, 1,2500, 1,2200, 1,2000

Currencies trading and Japanese yen. The price of USD/JPY continued to decline after breaking through the level of 105.00 and as the result was able to overcome the nearest support at 103.50. The next targets will be 101.40 and 100.00. Within the correction quotations may grow to an inclined resistance line. In the near future the fall will probably continue and the medium-term outlook remains positive.

Nearest resistance levels: 103,50, 105,00, 106,40, 108,00, 109,75, 111,00, 112,15

Nearest support levels: 101,40, 100,00, 99,00, 98,60

Currencies trading and Australian dollar. The price of AUD/USD continued its growth and was able to overcome the resistance level at 0.7575. In the near future, rising dynamics may continue to 0.7650. In the near future there is a possibility of price correction and this case the first target will be the level of 0.7500. Our medium-term outlook remains negative, despite the likely continued growth today.

Nearest resistance levels: 0,7575, 0,7700, 0,7800, 0,8000

Nearest support levels: 0,7500, 0,7400, 0,7320, 0,7250, 0,7120, 0,7000, 0,6840

Currencies trading and New Zealand dollar. The price of NZD/USD continued growth and in the near future will probably reach the level of 0.7250. The potential for further price increase is limited and we expect the resumption of negative dynamics in the near future with the first targets at 0.7130 and 0.7050. Our medium-term outlook remains negative.

Nearest resistance levels: 0,7250, 0,7400, 0,7500

Nearest support levels: 0,7130, 0,7050, 0,6940, 0,6820, 0,6720, 0,6575, 0,6450

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