Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the growth framework. At the moment, we should expect a test of the resistance area near the level of 0.7330 and continuation of the fall in the area below the level of 0.7030. In favor of the fall of NZD/USD, a resistance line test will be performed on the relative strength index (RSI). NZD/USD forecast & technical analysis March 7, 2018 The cancellation of the New Zealand Dollar quotation will result in a strong growth and breakout of 0.7375 area, which will indicate the…
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.
Quotes of GOLD XAU/USD continue to move within the framework of strong growth. At this point, we should expect an attempt to test the support level near the area of 1315. Where can we expect a rebound and the continued growth in the price of GOLD for a target above the level of 1365, as part of the start of the inverted «Head and Shoulders» model. In favor of falling quotations XAU/USD will test the resistance line on the indicator of relative strength index (RSI). XAU/USD forecast & technical analysis March 7, 2018 Cancellation of the variant of the Gold…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the framework of strong growth. At this point, we should expect an attempt to test the bottom of the uplink near the level of 1.2790 and continue the growth of the pair in the area above the level of 1.3070. In support of the growth of the Canadian Dollar quotes, a support line test will be performed on the relative strength index (RSI), as well as a test of the support area. USD/CAD forecast & technical analysis March 7, 2018 The cancellation of the USD/CAD growth option on…
Quotes of BRENT crude oil continue to move within the correction. At this point, we should expect an attempt to test the upper boundary of the bearish channel near the area of 66.50. Then continue the fall in the area below the level of 63.00. In favor of falling quotations and oil prices, BRENT will perform a bearish trend test on the indicator of relative strength index (RSI). BRENT forecast & technical analysis March 7, 2018 The cancellation of the fall in oil prices will be a strong increase and a breakdown of the level of $ 67.50 per barrel,…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue 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 106.40 and continue the fall of the pair into the area below the level of 104.40. In favor of reducing the pair USD/JPY, a resistance area test will be performed on the relative strength index (RSI). USD/JPY forecast & technical analysis March 7, 2018 The cancellation of the fall variant of the Dollar/Yen pair will result in strong growth…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the framework of strong growth. At the moment, we should expect the test of the support area test near the level of 0.7755 and the continuation of the growth of quotations in the area above the level of 0.7960. In favor of the growth of the AUD/USD pair, a support line test will be performed on the relative strength index (RSI), as well as the formation of the «Head and Shoulders» reversal model. AUD/USD forecast & technical analysis March 7, 2018 The cancellation of the variant of the…
Currency pair Pound Dollar GBP/USD continues to move within the bearish channel. At this point, we should expect an attempt to test the resistance level near the area of 1.3920, where again we should expect a rebound and the continuation of the fall of the Pound against the US Dollar. The target of reducing the GBP/USD pair is the area below the level of 1.3650. In favor of the fall of the pair on Forex will test the resistance line on the indicator of relative strength index (RSI). GBP/USD forecast & technical analysis March 7, 2018 The cancellation of the…
The currency pair Euro Dollar EUR/USD continues to move within the framework of growth. At the moment, we should expect a test of the support level near the area of 1.2320, where again we should expect a rebound attempt and the continued growth of the euro/dollar with a target above 1.2575. In favor of EUR/USD quotes growth, the trend line test will be performed on the indicator of relative strength index (RSI). EUR/USD forecast & technical analysis March 7, 2018 The cancellation of the variant of Euro/Dollar price growth will be a breakdown at the level of 1.2290, which will…
Bitcoin BTC/USD is trading at 10805. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend for Bitcoin. Ichimoku Kinko Hyo Cloud is expected to test near the 10600 area, from which it is expected to rebound and attempt to continue growth with a target at 12150. Bitcoin forecast & analysis BTC/USD on March 7, 2018 In support of the growth of the cryptocurrency quotations, a support level test will perform, as well as a test of the lower boundary of the channel. Earlier, a weak signal was received for buy of…
Dash DSH/USD is trading at 548. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend for Dash. The test area of the Ichimoku Kinko Hyo signal lines near the level 565 is expected, from which we should expect a rebound and an attempt to continue falling with a target at level 495. Dash forecast & analysis DSH/USD on March 7, 2018 An additional signal in favor of the fall will be the test of the lower bound of the «Triangle» model. Earlier, a strong signal was received for sell of Dash…