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Main » 2019 » July » 16 » Forex forecast for each day of 16/07/2019: range of active, the pound is testing the lows
Forex forecast for each day of 16/07/2019: range of active, the pound is testing the lows


The markets are in a steady range. The exception is the pound, which sank amid speculation about another delay Brexit process. In general, it is also somewhat suppressed risk appetite. Statistic of the day is represented in retail sales in the United States. 

EURUSD - oscillation range is 1.1240-1.1280, attempts outputs in either direction until the end nothing.





GBPUSD - after the failure below 1.2550 and 1.2500 the pair reached 1.2455-60. Zone 1.2430-1.2450 is a strong support level. 

USDJPY - the range of 107.80-108.30 today without any changes. 

EURCHF - pair sags further risk appetite reduced. Range of 1.1050-1.1100. 

AUDUSD - pair remains above $ 0.7000, the range of 0.7000-0.7040. 

NZDUSD - pair fixed above 0.6700, the range of 0.6700-0.6740. 

USDCAD - 1.3000 support near indestructible. The pair moved slightly higher on the fixing of short positions, the range of 1.3030-1.3070. 

Gold - a range of 1410-1420 unchanged. 

Brent crude oil - marked pressure on the mark 66, the range of 65.50-66.50.

USDRUB - demand for 62.80 absorbed by sales, the pair fell below. New demand area - close to multi-month lows around 62.45-55. Range of 62.45-62.85. 

BTCUSD - Today marks the consolidation between 10500 and 11000. The medium-term trading range is still at 10000-14000, with strong demand in the area of 9500-9800 band.


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