Technical analyst forecasts and the euro against the dollar today 05.12.2016
Currency, the euro dollar is trading at increasing consolidation range upwards.Today expect a test of 1.1407 level from the top. Next - an increase of refinement 1.1451. This correction can be considered completed. Then look at the development of the next wave of decline to the level of 1.1200.
Currency pair pound against the US dollar traded in the consolidation range. Today we consider the possibility of mining the level of 1.4396. Next - an increase to 1.4496. This will consider the development of this consolidation consummated. Next in line -. The structure to reduce the level of 1.4160 Currency pair dollar franc is trading under pressure to reduce. Consider today below 0.9720 level test opportunity. Next - decline to 0.9687. Then -. Increase to the level of 0.9793 Currency pair yen dollar performed pulse to decrease and its correction. Today we consider the possibility of working out another level of 109.33. Next -. Decrease in the level of 107.00 currency pair Australian dollar against the US dollar is trading today under pressure to reduce.Consider the scenario of a continuation of the major downtrend on the floor level of 0.7250. The Russian ruble could not break up 66.80, and continues to trade on the decline. Today we consider the possibility of withdrawing from the consolidation range down. The next step - testing 62.13 level. Gold extended consolidation up. Today, we consider an alternative way to rebound from the level of 1270. Then - growth in 1286. Then - with the trend decline in the level of 1245. The scenario to reduce - in priority.
Author Igor Sayadov
Analytical department of the company RoboForex
Forecasts of the financial markets are the personal opinion of their authors. The current analysis is not a guide to trading. RoboForex Company is not responsible for the results that may arise from the use of trading recommendations submitted reviews.
Technical analysis helps in trading binary options without attachments