01.09.2016 - Technical view
Currencies trading and euro. The price of EUR/USD decreases after breaking through the level of 1.1200, fixing below which was a signal to sell. The next upside target levels for the continuation of negative dynamics will be 1.1050 and 1.0985. In case of correction, quotations may return to the level of 1.1200. We maintain our medium-term negative outlook and expect the decrease in prices in the near future.
Nearest resistance levels: 1,1200, 1,1400, 1,1500, 1,1620, 1,1750
Nearest support levels: 1,1050, 1,0985, 1,0850, 1,0800, 1,0700, 1,0550, 1,0500
Currencies trading and British pound. The price of GBP/USD slightly corrected upwards, and approached the upper boundary of the descending channel and the level of 1.3175. The signal about trend reversal to the positive will be price fixing above the level of 1.3225. A more likely scenario in the near future will be the resumption of negative dynamics within the channel with the first targets at 1.3000 and 1.2800. Our medium-term outlook remains negative and we expect a decrease in the near future.
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 reached the target level of 103.50 and currently is consolidating below it. In case of overcoming this mark, the closest targets will be 105.00 and 106.40. Within the correction quotation may return to the level of 102.00. Our medium-term outlook remains positive, and we expect the volatility growth in the near future.
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, 97,00
Currencies trading and Australian dollar. The price of AUD/USD rebounded from the bottom boundary of the descending channel and in the near future may continue to rise to its upper limit and the level of 0.7600. We expect continued fall till the levels 0.7320 and 0.7250. Our medium-term outlook remains negative and we look forward to the resumption of the fall in the near future.
Nearest resistance levels: 0,7650, 0,7700, 0,7800, 0,8000
Nearest support levels: 0,7500, 0,7400, 0,7320, 0,7250, 0,7120, 0,7000
Currencies trading and New Zealand dollar. The price of NZD/USD is consolidated around the level of 0.7250 and in case of continuation of growth will reach levels of 0,7320-0,7400. On the other hand, fixation lower than 0.7200 will be a strong signal to sell with the first targets at 0.7050 and 0.6820. Our medium-term outlook remains negative and we expect fall in the near future.
Nearest resistance levels: 0,7250, 0,7320, 0,7400, 0,7500
Nearest support levels: 0,7130, 0,7050, 0,6940, 0,6820, 0,6720, 0,6575, 0,6450