15.07.2016 - ​Technical view

Currencies trading and euro. The price of EUR/USD continued gradual growth after rebounded from the support level at 1.1050. In the near future the price may continue growing up to 1.1200, but overcoming it is unlikely scenario. On the other hand, after a long consolidation, there is a significant probability of resumption of the negative dynamics with the closest objectives at 1.0985 and 1.0850. Our medium-term outlook remains negative.

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 continued growth and approached to the level of 1.3500. Fixing the price above this level will be a signal for continued growth with the objectives at 1.3600 and 1.3840. According to our estimates, at the moment there is a high probability of resumption of the negative dynamics of prices with closest targets at 1.3225 and 1.3000. Our medium-term outlook is negative with a decrease potential to 1.2600 and 1.2200.

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

Nearest support levels: 1,3350, 1,3225, 1,3000, 1,2800, 1,2600, 1,2500, 1,2200, 1,2000

Currencies trading and Japanese yen. The price of USD/JPY continued to rise after the price fixing above the level of 105.00, and approached to the resistance level at 106.40. Overcoming this mark will be a strong signal for continued growth with potential targets at 108.00 and 109.75. After a strong upward momentum is probable rollback of price within the correction and in this case, prices may fall to 105.00 and 103.50. Our medium-term outlook remains positive.

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

Nearest support levels: 103,50, 101,40, 100,00, 99,00, 98,60

Currencies trading and Australian dollar. The price of AUD/USD continues to grow inside the rising channel and is currently trying to overcome the resistance level at 0.7650. In case of success, growth will continue to the levels 0.7700 and 0.7800. On the other hand there is a high probability of price correction and sell signal in this case will be fixation of price below the level of 0.7575. Our medium-term outlook remains negative.

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

Nearest support levels: 0,7575, 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 to fall and has broken the lower boundary of the rising channel and fixing beyond its borders is a signal to sell and before long prices may fall to 0.7050 and 0.6940. Our medium-term outlook remains negative and we expect a continuation of negative dynamics in the near future.

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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