Currency pair Pound Dollar GBP/USD continues to move within the limits of growth. At this point, we should expect an attempt to test the upper boundary of the bearish model «Wolfe Wave» near the area of 1.4400, where again we should expect a rebound and the continuation of the fall of the British Pound against the US Dollar. The goal of the fall of the GBP/USD pair and the development of the «Wolfe Wave» model is below 1.3900. GBP/USD forecast & technical analysis April 18, 2018 In favor of the fall of the pair on Forex will test the trend…
Author: forex24pro
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the correction. At the moment, we should expect a test of the resistance area near the level of 0.7810 and the continuation of falling quotations in the area below the level of 0.7650. AUD/USD forecast & technical analysis April 18, 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 drop in the Australian Dollar quotations will result in a strong growth and breakdown at the level of 0.7850,…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction. At this point, we should expect an attempt to test the support area near the level of 106.90 and continue the growth of the pair in the area above the level of 107.80. USD/JPY forecast & technical analysis April 18, 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 breakdown of the level…
Quotes of BRENT continue to move in line with growth. At the moment, we should expect an attempt to test the lower limit of the «Wedge» model near the area of 70.40 dollars per barrel. Further, the continued growth of oil in the area above the level of 74.00. BRENT forecast & technical analysis April 18, 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). Abolition of the variant of oil price growth will be a drop and breakdown of…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in the fall. At this point, we should expect an attempt to test the upper limit of the downlink near the level of 1.2570 and continue falling of the pair into the area below the level of 1.2410. USD/CAD forecast & technical analysis April 18, 2018 In favor of falling quotations of the Canadian Dollar, a trendline test will be performed on the indicator of relative strength index (RSI). Cancellation of the USD/CAD fall variant on Forex will be strong and breakdown of the area of 1.2660, which will…
Quotes of GOLD continue to move within the correction. At this point, we should expect an attempt to test the lower border of the channel near the level of 1335. Where can we expect a rebound and continue the growth of the price of GOLD with a target above the level of 1365. XAU/USD forecast & technical analysis April 18, 2018 In favor of the growth of quotations XAU/USD will perform a test of the support line on the indicator of relative strength index (RSI). Cancellation of the variant of GOLD price growth will be the fall and breakdown of…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the bearish channel. At this point, we should expect an attempt to test the upper border of the channel near the level of 0.7400 and continue falling into the area below the level of 0.7250. NZD/USD forecast & technical analysis April 18, 2018 In favor of the fall of NZD/USD, a breakdown of the resistance line will be performed on the indicator of relative strength index (RSI). The cancellation of the New Zealand Dollar quotation will result in a strong growth and a breakdown…
Currency pair Dollar Franc USD/CHF continues to move within the bullish channel. At this point, we should expect an attempt to test the bottom of the channel near the area of 0.9600 and continue the growth of the US dollar against the Swiss Franc with a target above 0.9750. USD/CHF forecast & technical analysis April 18, 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 the fall and the breakdown of the area of…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the correction. At the moment, we should expect an attempt to test the support area near the level of 60.50 and continue the growth of the pair in the area above the level of 65.00. USD/RUB forecast & technical analysis April 18, 2018 In favor of the growth of the pair USD/RUB, an uptrend test on the relative strength indicator will perform, as well as a test of the lower boundary of the channel. Canceling the growth of the pair USD/RUB on Forex will be a drop and breakdown…
Bitcoin BTC/USD are traded at the level of 8129 and continue to move within the framework of the bullish correction. At this point, we should expect a test of resistance level near the area of 8300. Where again we should expect a rebound and an attempt to continue falling Bitcoin with a target below the level of 7450. Bitcoin (BTC/USD) technical analysis April 18, 2018 In favor of falling quotations of BTC/USD, a trend line test will be performed on the indicator of relative strength index (RSI), as well as the formation of the «Head and Shoulders» reversal model. The…