Forex. The forecast of the euro against the dollar (EUR / USD) as of today 12/14/2015
Currency pair EUR / USD on Friday resumed growth and gave rise to the top price level 1.1030 from the previously achieved the maximum.
The course couples is growing, ignoring positive news US retail sales exceeded the previous value and analysts' forecasts. Thus, the market has already played the future of the Fed's decision to raise the base interest rate standard.
Today, the focus of investors is not so much the fact of rate hikes, as prospects for further monetary tightening by the Fed. Volatility in global markets, the decline in commodity prices and energy prices, increases the risk of further decline in inflation, continued devaluation of the Chinese yuan and other factors - it could severely limit the potential for further rate increases next year.
As a result, it can become a factor of pressure on the dollar, which has taken into account the participants of currency trading. Moreover, the "overbought" dollar and "oversold" Against this background, the euro is crucial for investors.
Players restrict buying of the US dollar in favor of a single euro. In this regard, enhanced prospects for further growth of the euro as a reaction to the decision taken on Wednesday, December 16 the Fed's decision to raise interest rates.
As for short-term prospects of the euro against the dollar, - here, we expect the continuation and completion of the current downward correction of the pair, and then followed by a reversal and a new appreciation of the single European currency in the new cycle of upward movement.
Today, the euro dollar forecast expect the resumption of corrective decline to a pair of price levels 1.0965, 1.0944, 1.0916, and below the strong support level of 1.09.
Forex. Forecast pound / dollar (GBP / USD) as of today 12/14/2015
An empty economic calendar left the auction on Friday the British pound without drivers for the movement.However, the "bulls" managed to get support and to continue the restoration couple against the decision of the international rating agency «S & P», confirmed the highest credit rating of the UK. In addition, the weakening of the dollar on the currency market was more sterling and strong support, will complete the previous correction and resume the upward movement of the currency rate is fixed at the end of trading the new 3-week high of 1.5238.
Pound dollar today in the forecast of the anticipated completion lifting pair at current price levels, and then turn and corrective depreciation of the British currency to the target levels of 1.5188, 1.5156, 1.5128, and below the strong support level of 1.51.
Forex. Forecast the price of gold today 12/14/2015
The market of precious metals completes a disappointing 2015 near multi-year lows. Gold did not manage to gain an advantage against the weakening US currency.
The volatility of the trading session on Friday, the metal again completed a slight increase, tested during the bidding price levels $ 1062.38 and $ 1079.52 per ounce. Metal and not out of range of the last week. Investors have become more cautious, not wanting to risk to the publication of the US Federal Reserve meeting on interest rates.
At the end of the trading session on "Somekh" December 11th February gold futures rose $ 3.43, fixing the closing date at a price level of $ 1074.79 an ounce.
Thus, gold is preparing to finish the decline for the third year in a row. This is the longest period of decline since 2000, which will probably not be completed in the coming year. Since the Fed is going to raise in December, the benchmark interest rate for the first time in the last ten years, and then continue to increase, gradually increasing the dollar.
As a result, the price of gold is likely to continue to be a steady decline, losing its appeal as the market will increase interest in the profitable aktivam.Zoloto well being "defensive" assets, income does not work, and at this stage it is not interesting to investors.
As of this morning near term resistance for gold held by the level of weekly reversal 1076.80 $ an ounce. The breakdown of this resistance will continue the upward rise of the metal to the following objectives - $ 1080.40, $ 1085.20 and $ 1088.50 per ounce.
Immediate support for gold is at the level of day turn $ 1072 per ounce. If it is passed, then it becomes possible to further decrease in metal price levels - $ 1068, $ 1063 and $ 1058 per troy ounce.
Gold rate forecast for today expect the resumption of growth in the value of gold to the above target levels of resistance.
Forex. Silver Forecast for today 12/14/2015
Silver at auction on Friday again cheaper, showing a decrease in the trading of quotations by 23 cents to $ 13.90 per ounce. As of this morning near term resistance for silver is held on the level of daylight turn $ 13.93 per ounce.
If resumed the upward movement - and this resistance is broken, - followed by a continuation of the recovery target levels of $ 14.10, $ 14.27 and $ 14.41.
Immediate support for the silver is located at the level of the previous local minimum of $ 13.76 per ounce. If quotes overcome it - the decline will continue in the direction of the key level of $ 13.50 or less, to the key support level of $ 13 per troy ounce.
Silver today in the forecast are expecting growth in the value of silver to the above target levels of resistance.
The economic calendar Monday, the focus of investors in Japan will involve the publication of the index of business activity in the sector of large manufacturers and non-manufacturing sector for the 4th quarter of this year, as well as in the service sector in October.
Significant interest is also present data of industrial production for October, published in Japan and in the euro area.
UK will report on December dynamics of housing prices.
The European Central Bank will announce the weekly purchases of securities.
New Zealand is to publish an index of business activity in the services sector.
On the same day will be the speech of President of the Bank, Mario Draghi.
In addition, the United States and France will conduct the auction of 3- and 6-month government debt.
For more information on the movement of currencies in the market, please visit "Maximarkets.ru" under "Research".
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