The forecast from the company ForexMart

The forecast from the company ForexMart (ForeksMart)

Forecast AUD / USD for the week September 4-8

The currency pair AUD / USD trading last week held within a narrow corridor 0.7900-0.8000 price and now is located at the upper boundary. The resistance level 0.8000 enhanced line of simple moving average for the last 200 weeks and is more than two-year high, so it will be difficult to pass.

On the daily chart, we see an emerging graphical model "double top". Maybe next week will try to test 0.8000 if bearish signals appear then, it is likely a trend reversal with a comfortable position to be placed sell orders.

Forecast NZD / USD for the week September 4-8

The currency pair New Zealand dollar / US dollar during trading this week broke through the strong resistance level 0.7200 and started to decline according to the graphical model "head and shoulders" on the daily chart. On Thursday, after the SMA line for 200 days left in the correction, and on Friday traded mixed due to conflicting economic reports from the United States.

However, the pair fell about 1,000 points to line a simple average of 50 weeks. After fixing under 0.7200 it makes sense to look at the medium-term sales with the target in the area of ​​0.7000-0.7050.

Forecast USD / RUB week September 4-8

The ruble has grown considerably today after the release of weak US employment statistics. . In August, the US 156 thousand new jobs were created, while analysts predicted a higher number - 180,000. unemployment rate has departed from perennial and minima located at a value of 4.4% vs. 4.3%. Weak data have called into question the likelihood of another rate hike this year.

Against the background of weak data and disappointing forecasts for the Fed's monetary policy weakening the dollar to a mark of 57.14 rubles. In addition, the Brent crude oil continues to rise, reaching $ 52.90 per barrel. If oil quotes continue to grow, a pair of rate USD / RUB will be reduced to less than 57 rubles. Forecast for next week involves vibrations couple near the lows of mid-June.