Analyst from company ForexMart

Analyst from the company ForexMart (ForeksMart)

EUR / USD. 31.01.

In a couple of relevant Flete

The pair closed the previous day's decline, trading sideways. The euro fell against the background of the ECB's representative that Brexit can lead to big problems. Today is expected to address the ECB, as well as the publication of preliminary GDP data. Also today, held a two-day Federal Reserve meeting on interest rates. Forecast for today involves trading in a narrow range with short lunges up or down.

Brent. 31.01.

Oil reached its price "ceiling"

The situation of the oil is not entirely positive. Quotes of Brent crude oil reached its limit of growth and is still unable to overcome the mark of $ 56 a barrel for several reasons.

Firstly, the general euphoria over the performance of obligations OPEC + gradually disappearing, giving way to fears of investors on the basis of increasing the volume of oil by US oil shale mining companies. The US continues to run in the work of a growing number of shale drilling, which will inevitably lead to a significant increase in stocks of "black gold". In this case, the Brent crude oil falls below $ 55 per barrel and is unlikely to be able to overcome it in the near future.

Second, the current recovery of the US dollar also has an oil pressure. Investors expect the regulator to tighten monetary policy in March, leading to a noticeable increase in the US dollar.

USD / CHF. 31.01.

Bears offensive continues

Currency pair USD / CHF continues to decline within the bearish trend and is now trading near the 0.9950 resistance line. The pair dropped below the simple moving average for 100 days and tested the specified level. The next target is at 0.9900, which coincides with the area 50.0. Fibonacci support line performs parity of 1.0000. If there is no new data, reinforcing the US currency, you can see here

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