Forex. The forecast of the euro against the dollar (EUR / USD) as of today 26/04/2016
Trading on the foreign exchange market on Monday proceeded calmly. The euro exchange rate to the dollar was adjusted after the impressive sales yesterday. And in response to the weak data on the conditions of the business environment, assessment of the current situation and economic expectations - in Germany, the euro has not decreased, but on the contrary began to grow, suggesting that market interest is not focused on European data, and ocean issues.
The focus of the market these days is aimed at meeting the US Federal Reserve. The market does not imply the Fed taking any action at the April meeting. The probability of lifting the base interest rate at the April meeting, the market is estimated at 0% and at the June meeting of only 20%. However, the tone of the comments may change the expectations for the coming months of the controller, which in turn will lead to increased volatility in the price dynamics of the pair. Against this backdrop, the dollar was down moderately, supporting demand for the single European currency. By the end of the day the pair reached the level of a course reversal week 1.1280, which is close and ended the session.
The euro exchange rate forecast for today expect - try the "bulls" again test the level of 1.1280 and the weekly reversal, perhaps, the key resistance level - 1.13. Next, we look for a reversal and resumption of the depreciation of the single European currency to the following target levels: 1.1253; 1.1218; 1.12; 1.1177 and 1.1150.
Forex. Forecast exchange rate pound / dollar (GBP / USD) as of today 04/26/2016
Sterling was the best in the last week, recouping earlier losses and returning the quotes to the maximum five-week levels. At yesterday's auction currency continued this trend, responding to the call of US President Barack Obama to vote in a referendum against the British exit from the EU structure and, thus, to support the negotiations on the US trade agreement, the EU and the UK. Economic statistics also proved positive. April volume of industrial orders according to the CBI exceeded the previous values and analysts' forecasts. The level of selling prices also showed growth. Against this background, the British currency quotations resumed their rise on the outcome of the auction closing level recorded at the level of 1.4490.
Pound Dollar forecast for today assume - the completion of the previous lift and turn the British currency to reduce to the following objectives: 1.4465; 1.4436; 1.44; 1.4383 and possibly lower the level of 1.4334 reversal week.
Forex. Gold price forecast for today 26/04/2016
Gold prices were adjusted in yesterday's trading against the backdrop of the weakening US currency. At the end of trading on the New York Stock Exchange «Comex» Gold price of the June futures rose by $ 5.51 to a level of $ 1237.85 per troy ounce.
As of this morning near significant resistance for gold held by the level of weekly rotation - $ 1243 per ounce.The breakdown of this resistance when moving upward, the metal will continue to rise for the following purposes: - $ 1248; $ 1251 and $ 1255 per ounce. Immediate support for gold is located at the level of daylight turn $ 1237 per ounce. If it is passed it will be possible to further decrease in metal price levels: $ 1232; $ 1226 and $ 1219 per troy ounce.
Forecast for today gold course forward - completion of previous metal correction, reversal and resumption of reducing the value of gold to the above targeted levels of support.
Forex. Forecast Silver today 26.06.2016
Silver spent the whole day yesterday in a narrow sideways range bound $ 17.10 and $ 16.80 per troy ounce.
As of this morning near term resistance for silver goes through the upper end of the range - $ 17.10 an ounce.If resumed the upward movement, and this resistance is broken, followed by a continuation of the rise to the target level - $ 17.30; $ 17.40 and up in the direction of $ 17.75 per ounce. Immediate support for the silver is located at the weekly reversal - $ 16.90 an ounce. If quotes overcome it - will continue to decline further in the direction of price levels - $ 16.65; $ 16.35 and $ 16.12 per ounce.
Silver today forecast assume - end side of the metal correction, reversal and resumption of reducing the value of silver to the above targeted levels of support.
The economic calendar on Tuesday - the focus of the market will be the US data on the volume of orders for durable goods in March and consumer confidence indicator in April.
Among other indicators - Britain will present the volume of mortgage lending in March; And statistics from the United States will be presented - the changes in housing prices index in 20 major cities of the country;nationwide housing price index for February; manufacturing index from the Federal Reserve of Richmond; April's PMI for services and composite index, which includes the combined figures for both sectors.
Today will take place the speech of the Reserve Bank of Canada Stephen Poloz.
For more information on the movement of currency in the market, please visit "Maximarkets.ru" under "Research". We wish you a successful and profitable trades in the Forex market!