14.09.2016 - ​Technical view

Currencies trading and euro. The price of EUR/USD continues consolidation within the range 1,1200-1,1260. Overcoming the level of 1.1260 will be a stimulus for the continuation of growth of quotations to 1,1350-1,1400. On the other hand, are more likely will be the price fixing below 1.1200 and in such case, the decline will continue to 1.1050 and 1.0985. Our medium-term outlook remains negative, and after a long consolidation, we expect to see strong price movement.

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

Nearest support levels: 1,1200, 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 decline along the inclined line of support and has recently broken through the lower boundary of the rising channel and the level of 1.3225. Fixing the price below this mark is a signal to sell with the closest targets at 1.3000 and 1.2800. Our medium-term outlook remains negative, and growth within the correction is limited by the levels of 1.3225 and 1.3350.

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 showed strong growth during which has broken through the inclined line of resistance and the level of 102.60. Fixation above this level will be a signal to buy with closest targets at 103.50, 105.00 and 106.00. Our medium-term outlook remains positive and the fall in the near future will be limited by the level of support at 101.40.

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 started to correct upwards after reaching the support level at 0.7450. In the near future quotations may reach the resistance level at 0.7500 and the upper limit of the downward channel. The growth potential in the near future is low, and we expect the resumption of the negative dynamics in the near future. Our medium-term outlook remains negative.

Nearest resistance levels: 0,7500, 0,7650, 0,7700, 0,7800, 0,8000

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

Currencies trading and New Zealand dollar. The price of NZD/USD within reduction could reach the bottom of the channel and has broken through it. Currently quotes are near the support at 0.7250 and the confirmation of to sell the signal will be breaking through the important level of 0.7200. Our medium-term outlook remains negative, but after the recent fall is probable a rebound of prices upwards.

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

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