The currency pair Euro Dollar EUR/USD continues to move within the framework of the formation of the «Triangle» model. At this point, we should expect a test of the support level near the area of 1.2300, where again we should expect a rebound and continue the growth of the Euro/Dollar with a target above 1.2400. EUR/USD forecast & technical analysis April 24, 2018 In favor of EUR/USD quotes growth, the trend line test will be performed on the indicator of relative strength index (RSI). The cancellation of the variant of Euro/Dollar price growth will be a breakdown at the level…
Author: forex24pro
forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
Currency pair Pound Dollar GBP/USD continues to move in the fall and working off of the bearish model «Wolfe Wave». At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.4170, where again we should expect a rebound and the continuation of the fall of the Pound against the US Dollar. The target of the fall of the GBP/USD pair and the development of «Wolfe Wave» model is below 1.3900. GBP/USD forecast & technical analysis April 24, 2018 In favor of the growth of the pair on Forex will perform a…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the bearish channel. At the moment, we should expect an attempt to test the resistance area near the level of 0.7690 and the continuation of falling quotations in the area below the level of 0.7560. AUD/USD forecast & technical analysis April 24, 2018 In favor of the fall of the pair AUD/USD, a trend line test will be performed on the indicator of relative strength index (RSI). The cancellation of the variant of the Australian Dollar price fall will be a strong growth and breakdown at the level…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the limits of growth. At this point, we should expect an attempt to test the support area near the level of 107.70 and continue the growth of the pair in the area above the level of 109.50. USD/JPY forecast & technical analysis April 24, 2018 In favor of the growth of the pair USD/JPY, a support line test will be performed on the relative strength index (RSI). The cancellation of the growth variant of the Dollar/Yen pair will result in a drop and a breakdown…
Quotes of BRENT continue to move in line with growth. At this point, we should expect an attempt to test the level of support near the area of 72.00 dollars per barrel. Further, the continued growth of oil in the area above the level of 75.50. BRENT forecast & technical analysis April 24, 2018 In favor of the growth of quotations and prices for oil BRENT will perform a test of the support line on the indicator of relative strength index (RSI). The abolition of the variant of oil price growth will be a drop and a breakdown of the…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the framework of a bullish correction. At the moment, we should expect an attempt to test the resistance level near the area of 1.2850 and continue falling of the pair into the area below the level of 1.2500. USD/CAD forecast & technical analysis April 24, 2018 In favor of falling quotations of the Canadian Dollar, a trend line test will be performed on the indicator of relative strength index (RSI), as well as the formation of the bearish model «5-0». Canceling the USD/CAD fall on the Forex market…
Quotes of GOLD continue to move within the limits of the decline. At this point, we should expect an attempt to test the resistance level near the area of 1335. Where can we expect a rebound and the continuation of the fall in the price of gold with a target below the level of 1315. XAU/USD forecast & technical analysis April 24, 2018 In favor of falling quotations XAU/USD will come the test of the bearish trend line on the indicator of relative strength index (RSI). The cancellation of the decline in the price of Gold will result in a…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the bearish channel. At the moment, we should expect a test of the resistance level near the area of 0.7200 and continuation of the fall in the area below the level of 0.7120. NZD/USD forecast & technical analysis April 24, 2018 In favor of the fall of NZD/USD, a resistance line test will be performed on the relative strength index (RSI). The cancellation of the New Zealand Dollar quotation will result in a strong growth and breakdown at the level of 0.7230, which will…
Bitcoin BTC/USD are traded at the level of 8857 and continue to move within the framework of the bullish correction. At this point, we should expect a test of the support level near the area of 8350. Again, we should expect a rebound and an attempt to continue Bitcoin’s growth with a target above the level of 10650. Bitcoin (BTC/USD) technical analysis April 24, 2018 In favor of the growth of quotations BTC/USD will test the trend line on the indicator of relative strength index (RSI). The abolition of the Bitcoin growth option will be the fall and breakdown of…
Currency pair Dollar Franc USD/CHF continues to move within the rising channel. At the moment, we should expect a test of the support level near the area of 0.9700 and the continuation of the US Dollar against the Swiss Franc with a target above 0.9880. USD/CHF forecast & technical analysis April 24, 2018 In favor of the growth of the Dollar Franc pair will test the trend line on the indicator of relative strength index (RSI). Canceling the growth of the USD/CHF pair on Forex will be a fall and breakout of the area of 0.9660, which will indicate the…