Euro/dollar has punched the hour trend line "June 20, 2016"

Results of the last trading day:

On Friday the rate of euro/dollar was during the day traded around level 1,1262. At Asian session buyers have made an attempt to be fixed above the trend line. Attempt was not crowned with success. The price has returned from level 1,1296 to 1,1245. Participants of the market did not take active actions in anticipation of days off.

Expectations for today:

The biddings on Monday in the foreign exchange market have opened decrease on dollar. The gap has constituted 53 points. The current quotation 1,1375 against Friday closing 1,1273. It was reaction to new polls to Brexit. According to the data BMG for Herald wishing "to remain" in the EU has constituted 53,3%, "to leave" - 46,7%. 1064 adults have taken part from June 10 to June 15 in poll.

The price has reached the upper bound of MA of the channel. It is the strong level of resistance. As today Monday, according to the forecast I consider movement against Asia. I allow increase of a rate to 1,1391, later I expect to see return to a mark 1,1338.

Till Thursday the market on couples with euro and pound will be thin. Brokers have raised marginal requirements in communication by the forthcoming referendum in Great Britain. High volatility will remain before the end of the week.

News of the present day:

    - in Germany will publish a price index of producers for May.
    - Speech of the head of bank of Japan Kuroda.
    - there will be a monthly report of the Central Bank of Germany.  
    - Canada – Wholesales April.  
   - Australia – the Index of leading indicators from SV for April.

Technical analysis:

Intra day forecast: at least – 1,1308, at most – 1,1391, closing – 1,1342.

The rate of euro/dollar has punched the trend line. From the level of 135 degrees of euro I have become stronger to the 202nd. Growth of couple is contained at present by the U3 line. It is in 1% of the balance sheet Lb line (the average line with the period 55).


After a morning gap it was activated week pinbar. Read ideas for euro here. As on Friday euro was flat, today it is worth expecting or the unidirectional movement up at all three sessions, or model a lodge. I incline to the second more. Growth to 1,1391 and decline in the rate to 1,1338. On graphics at me the two 45th degree. The first level is calculated from the current maximum, the second – from the predicted level 1,1391.