04.07.2016 - Technical view

Currencies trading and euro. The price of EUR/USD is gradually increasing within the local ascending channel and may soon reach an important level of 1.1200. Overcoming this mark will be the basis for further growth of the price to 1.1400. We expect the resumption of the negative dynamics in the near future and maintain the medium-term negative view.

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 continues to consolidate within the corridor 1,3280-1,3350. In case of continued negative dynamics immediate targets will be 1.3000 and 1.2800. Growth is limited by resistance levels at 1.3500 and 1.3600. Our medium-term outlook remains negative and we expect the fall in the coming months.

Nearest resistance levels: 1,3400, 1.3600, 1.3840, 1.4040, 1.4500, 1.4670, 1.4850, 1,5000

Nearest support levels: 1,3225, 1,3000, 1,2600

Currencies trading and Japanese yen. The price of USD/JPY is consolidating below 103.50 and in case of continued growth and price fixing above this mark, we will see continued growth to 105.00 and 106.40. In the near future there is a possibility of correction of quotations to the psychologically important level of 100.00. Potential of fall according to our forecasts significantly reduced and we expect growth in the medium term.

Nearest resistance levels: 103,50, 105,00, 106,40, 108,00, 109,75, 111,00, 112,15, 113.00

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

Currencies trading and Australian dollar. The price of AUD/USD continued growth within which reached the level of 0.7500, its overcoming will be the basis for further price growth to 0.7575 and 0.7700. In case of correction closest targets will be 0.7400 and 0.7320. Our medium-term outlook remains negative, but the probability of continuation of the current growth in the near future remains high.

Nearest resistance levels: 0,7500, 0,7575, 0,7700, 0,7800, 0,8000

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

Currencies trading and New Zealand dollar. The price of NZD/USD continued upward movement within local ascending channel and may soon reach a maximum of this year near 0.7250, the overcoming of which will be the basis for continued growth to 0.7400 and 0.7500. The breaking of local descending channel's lower border is the reason for the continuation of negative dynamics to 0.7050 and 0.6970. 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, 0,6400

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