Forex Technical Analysis and Forecast EUR JPY on August 31, 2016
Currency pair EUR JPY, with the lights out on the level of 114.50, checks the strength of the top band punched consolidation. Today we consider the possibility of another increase to the level of the structure 115, as an alternative to the continuation of the correction. A main scenario remains to fall to the next target at 112.50, as part of our review FOREX Daily analysis and NEWS on August 31, 2016.
Technical analysis and forex forecast GBP JPY on August 31, 2016
Currency pair GBP JPY, trading at reducing structure. We expect the refinement level 132. Further, the range of the consolidation, and a breakdown, the continuation of the trend in the level of 128 detention.
Technical analysis and forex forecast NZD USD on August 31, 2016
The currency pair New Zealand dollar against the US dollar NZD USD, it proposes to consider the possibility of correction to the level of 0.7275. Further, reduction of the trend down to perfect a local target at 0.7178.
Technical analysis and forex forecast XAG USD on August 31, 2016
Silver XAG USD forms a range of consolidation. Today, a decrease to the level of 18.67. With the breakdown of the upward momentum of the first, we expect development of correction to the level of 19.42. With the breakdown down, consider the continued reduction in the level of overlap 18.05.
Technical analysis and forex forecast BRENT on August 31, 2016
BRENT Oil is now trading at reducing structure. We regard it as a third correction. The goal of a local at 48.42. Next, consider the possibility of growth to a level of 50.50, the fourth. Next, a fifth, to reduce the level of 47.50, as part of our review FOREX Daily analysis and NEWS on August 31, 2016.
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