Forex. The forecast of the euro / dollar (EUR / USD) as of today 03/07/2016
The main event on Friday was the US published in a report on employment in the non-agricultural sector of the US economy. The February increase in the number of employees in accordance with the submitted data was 242 thousand., Which greatly exceeded the forecast of economists in 195,000.
The January employment report was also revised upward. The unemployment rate thus remained unchanged - 4.9%. The negative factor was the decline in hourly wages in the US by 0.1% - up to $ 25.35, despite the fact that economists had expected growth rate.
Market participants are negatively perceived message of reducing the hourly wage in the country, waiting for after that, and the fall in consumer prices. Investors believe it will lead to a delay raising interest rates the US Fed.
As a result, after the rapid volatile fluctuations the dollar began to weaken again, and quotes the European currency resumed growth, recorded at the end of the new trading week high at around 1.1043 and finished the session at the 1.1005 price level.
Today, the euro dollar forecast : the anticipated completion of the current decrease in pair price zone 1.0960 ÷ 1.0910, and then turn the course of the single European currency to a new rise to the following purposes - 1.1043, 1.1070, 1.11.
Forex. The outlook on the pound / dollar (GBP / USD) as of today 03/07/2016
The British pound surprises and pleases fans of his resistance and the preservation of an upward trend in the price dynamics of the pair. Despite strong US statistics and the weak UK economic news, as well as the absence of supporting growth drivers continued currency pair GBP / USD is not only to maintain the achieved position, but also to test the new 2-week high at 1.4247 price level.
Thus, in anticipation of the new drivers the British currency continues upward correction, while relying on technical factors and a significant oversold pound.
The pound against the dollar today, assuming the completion of the current rise in the price zone of 1.4270 ÷ 1.43 and the reversal of the British currency to decline towards the key support levels of 1.42, 1.41 and 1.40.
However, if this "bulls" will be able to push the pound key resistance level of 1.43 and a foothold above him, then followed by continued rise in the price level of 1.4360 and above.
Forex. The forecast rate of gold today
Before the release of the main report on employment in the United States the price of gold at the auction on Friday, actively growing, reaching an annual high of $ 1279.64 per troy ounce.
Data presented in the report received a mixed reaction of the market volatility and sharp metal price dynamics due to lower hourly wages.
However, the main indicator report - employment has once again demonstrated the growth that stopped the rise of gold and spun metal quotations decrease. By the close of trading all day achievements were lost, and the cost of the metal back to the level of the previous day's $ 1259.03 per ounce.
As of this morning near term resistance for gold held by the level of daylight turn $ 1263 per ounce.
The breakdown of this resistance as you move up the metal will continue to rise to the following purposes - 1268 $, 1271 $ and 1277 $ per ounce.
Immediate support for gold is located at the upper boundary of the descending channel, in which the metal forms the movement from December 2013 - $ 1258 per ounce. If it is passed, in which case it will be possible to further decrease in metal price levels of $ 1255, $ 1251, $ 1248 per troy ounce or less.
Gold today in the forecast forward to the completion of the current recovery and the resumption of reducing the value of gold to the above targeted levels of support.
Forex. Prediction silver rate today 03/07/2016
Silver in trading Friday under the influence of the same factors duplicated the price dynamics of gold. After recovery from the Asian low $ 15.10 to a maximum daily level of $ 15.78 metal ended the week slightly adjusted for price level $ 15.47 per ounce.
As of this morning near term resistance for silver held by the level of its local maximum of $ 15.78 per ounce.
If resumed the upward movement - and this resistance is broken, - the rise will continue to target levels of $ 15.94, $ 16.10 and $ 16.35 per ounce.
Immediate support for silver settled at $ 15.45 a reversal day per ounce. If quotes overcome it - will continue to decline in price levels of $ 15.28, $ 15.10 and $ 15 per ounce.
Silver today forecast assumes metal reversal from its previous recovery and resumption of reducing the value of silver to the above targeted levels of support.
investors' attention will be drawn data volume of orders in the German industry in January, the volume of foreign exchange reserves and Swiss economic indicator Eurozone investor confidence for February.
Considerable interest will also cause the next meeting of finance ministers of the Eurozone countries and the EU leadership.
Australia will report on the February index of business activity in the construction sector and the number of vacancies for employment.
Japan is to publish an index of leading and coincident economic indicators.
And in the US statistics are presented indexes of labor market conditions, and in January the volume of consumer credit. In addition, the US will host an auction for the sale of 3- and 6-month bonds of public debt.
Today, the performances by the head of the Bank of Japan Haruhiko Kuroda and Vice-chairman of the US Federal Reserve Stanley Fischer.
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