Currency pair Pound Dollar GBP/USD continues to move within the limits of the decline. At this point, we should expect an attempt to test the upper boundary of the bearish channel near the area of 1.4040, where again we should expect a rebound and the continuation of the fall of the Pound against the Dollar. The target of reducing the GBP/USD pair is the area below the level of 1.3855. GBP/USD forecast & technical analysis April 6, 2018 In favor of the fall of the pair on Forex will test the trend line on the indicator of relative strength index…
Author: forex24pro
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the bearish channel. At this point, we should expect an attempt to test the upper limit of the downlink near the level of 0.7700 and the continuation of falling quotations in the area below the level of 0.7570. AUD/USD forecast & technical analysis April 6, 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…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the framework of strong growth. At the moment, we should expect an attempt to test the resistance area near the level of 107.85 and continue the fall of the pair into the area below the level of 105.00, as part of the development of the bearish model «Wolfe Wave». USD/JPY forecast & technical analysis April 6, 2018 In favor of the fall of the pair USD/JPY, a resistance area test will be performed on the relative strength index (RSI). The cancellation of the fall variant…
Quotes of BRENT crude oil continue to move within the bullish channel. At this point, we should expect an attempt to test the support level near the area of 68.50 dollars per barrel. Further, the continued growth of oil in the area above the level of 72.00. BRENT forecast & technical analysis April 6, 2018 In favor of the growth of quotations and prices for oil BRENT will test the trend line on the indicator of relative strength index (RSI). Abolition of the variant of oil price growth will be a drop and a breakdown of 65.70 dollars per barrel,…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the correction. At this point, we should expect an attempt to test the bottom of the channel near the level of 1.2750 and continue the growth of the pair in the area above the level of 1.3230. USD/CAD forecast & technical analysis April 6, 2018 In favor of the growth of quotations of the Canadian Dollar will perform a trend line test on the indicator of relative strength index (RSI). Cancellation of the USD/CAD growth scenario on Forex will be the fall and breakdown of the area of…
Quotes of GOLD continue to move within the correction. At this point, we should expect an attempt to test the lower boundary of the bullish channel near the area of 1320. Where can we expect a rebound and the continued growth in the price of gold with a target above the level of 1365. XAU/USD forecast & technical analysis April 6, 2018 In favor of growth of quotations XAU/USD will perform a test of the support line on the indicator of relative strength index (RSI), as well as the formation of the bullish «Wolfe Wave» model. Canceling the variant of…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the correction. At this point, we should expect an attempt to test the upper limit of the downlink near the level of 0.7290 and continue falling to the area below the level of 0.7040. NZD/USD forecast & technical analysis April 6, 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 0.7345, which…
Currency pair Dollar Franc USD/CHF continues to move within the bullish channel. At the moment, we should expect an attempt to test the upper border of the channel near the level of 0.9650 and the continuation of the fall of the US dollar against the Swiss Franc with a target below 0.9505. USD/CHF forecast & technical analysis April 6, 2018 In favor of the fall of the pair Dollar/Franc will perform a trend line test on the indicator of relative strength index (RSI). The cancellation of the USD/CHF decline for Forex will result in a strong growth and breakdown of…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of the formation of the «Triangle» model. At this point, we should expect an attempt to test the support area near the level of 57.40 and continue the growth of the pair in the area above the level of 58.90. USD/RUB forecast & technical analysis April 6, 2018 In favor of the growth of the pair USD/RUB will test the bullish trend line on the indicator of relative strength index (RSI). Canceling the growth of the pair USD/RUB on Forex will be a drop and breakdown of…
Bitcoin BTC/USD is trading at 6764. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. Ichimoku Kinko Hyo Cloud test is expected near the area of 7000, from which it is expected to rebound and attempt to continue falling with a target at 5700 level. Bitcoin forecast & analysis BTC/USD April 6, 2018 In favor of falling quotations of cryptocurrency, a resistance level test will perform. Earlier, a strong signal was received for sell of Bitcoin cryptocurrency, due to the crossing of signal lines at 6850 level. Canceling the…