Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the correction and formation of the «Triangle» model. At the moment, we should expect a test of the resistance area near the level of 0.7260 and continuation of the fall in the area below the level of 0.7100. NZD/USD forecast & technical analysis April 3, 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 forex quotation will result in a strong growth and breakdown at…
Author: forex24pro
Currency pair Dollar Franc USD/CHF continues to move within the correction. At this point, we should expect an attempt to test the resistance area near the level of 0.9570 and the continuation of the fall of the US Dollar against the Swiss Franc with a target below 0.9400. USD/CHF forecast & technical analysis April 3, 2018 In favor of the fall of the Dollar Franc pair, a trend line test will be performed on the relative strength index (RSI), as well as the formation of the «Head and Shoulders» reversal model. The cancellation of the USD/CHF decline for Forex will…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of the formation of the «Head and Shoulders» reversal model. At this point, we should expect an attempt to test the resistance area near the level of 57.60 and continue falling of the pair in the area below the level of 55.70. USD/RUB forecast & technical analysis April 3, 2018 In favor of the fall of the pair USD/RUB, breakdown of the bullish trend line on the indicator of relative strength index (RSI) will perform. The cancellation of the fall of the USD/RUB pair on Forex will…
Bitcoin BTC/USD are traded at 6896 and continue to move in a bearish trend. At this point, we should expect a test of the resistance level near the level of 7200. Where again we should expect a rebound and an attempt to continue the Bitcoin drop with a target below the level of 5900. Bitcoin (BTC/USD) technical analysis April 3, 2018 In favor of falling quotes BTC/USD will perform a downtrend test on the indicator of relative strength index (RSI). The abolition of the Bitcoin fall will be a strong growth and a breakdown of the area of 7500, which…
Brent crude Oil completes the trading week near the level of 69.70 dollars per barrel. Brent crude continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in oil. The test area of Ichimoku Kinko Hyo signal lines near the level of 67.50 is expected, from which it is expected to attempt a rebound and further development of the bullish trend in Oil with a target near the level of 74.25. Analysis & forecast Brent oil April 2 — 6, 2018 An additional signal in favor of growth is the test of the…
GOLD completes the trading week near the level of 1325. XAU/USD continues to trade within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for GOLD. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near the level of 1320 is expected, from which it is expected to attempt a rebound and continue growth with the aim near the level of 1385. GOLD weekly forecast XAU/USD April 2 — 6, 2018 An additional signal in favor of growth is the test of the support area, as well as the test of the lower boundary…
Currency pair USD/JPY US Dollar to Japanese Yen completes the trading week near the level of 106.27. The pair continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Dollar/Yen pair. Ichimoku Kinko Hyo Cloud is expected to test near the 107.10 level, from which it is expected to attempt a rebound and continue the fall of the pair USD/JPY with the target near the level of 102.70. Japanese Yen forecast USD/JPY April 2 — 6, 2018 An additional signal in favor of the fall of the pair will be a…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 57.21 Ruble per US Dollar. The pair is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in the US Dollar/Russian Ruble. The Ichimoku Kinko Cloud upper limit test is expected near the level of 57.40, from which it is expected to rebound and attempt a further fall with a target near the level of 55.50. USD/RUB forecast Russian Ruble April 2 — 6, 2018 An additional signal in favor of the fall of the pair is the…
Currency pair Euro/Dollar EUR/USD closes the trading week near the level of 1.2314. The pair continues to trade within the Cloud of Ichimoku Kinko Hyo, which indicates the presence of a flat trend for the pair Euro/Dollar. The Ichimoku Kinko Hyo Cloud lower limit test is expected near 1.2210, from which it is expected to attempt a rebound and continue the growth of the pair with the target near the level of 1.2650. EUR/USD forecast Euro Dollar April 2 — 6, 2018 An additional signal in favor of the growth of the pair will come test of the level of…
Currency pair US Dollar Canadian Dollar USD/CAD closes the trading week near the level of 1.2890. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the pair US Dollar/Canadian Dollar. The test area of Ichimoku Kinko Hyo signal lines near the level of 1.2750 is expected, from which it is expected to attempt a rebound and continue growth with the target near the level of 1.3250. USD/CAD forecast for the week April 2 — 6, 2018 An additional signal in favor of the growth of the pair will…