Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the correction. At the moment, we should expect an attempt to test the resistance area near the level of 0.7895 and continue falling quotations in the area below the level of 0.7710. In favor of the fall of the AUD/USD pair, a resistance line test will be performed on the relative strength index (RSI), as well as a test of the upper boundary of the bearish channel. AUD/USD forecast & technical analysis February 27, 2018 The cancellation of the drop in the AUD/USD quotations will result in a…
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 the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the descending channel. At the moment, we should expect an attempt to test the resistance level near the 107.00 area and continue the fall of the pair into the area below the level of 105.40. USD/JPY forecast & technical analysis February 27, 2018 In favor of reducing the pair USD/JPY will make the formation of the reversal forex pattern «Head and Shoulders» on the indicator of relative strength index (RSI). The cancellation of the fall variant of the Dollar/Yen pair will result in a strong…
Quotes of BRENT crude oil continue to move within the correction. At this point, we should expect an attempt to test the level of resistance of the channel near the area of 67.50. Then continue the fall in the area below the level of 63.00. In favor of falling quotations and oil prices, BRENT will test the downward trend line on the indicator of relative strength index (RSI), as well as the formation of the «Head and Shoulders» reversal forex pattern. BRENT forecast & technical analysis February 27, 2018 The abolition of the fall in oil prices will be a…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the correction. At the moment, we should expect an attempt to test the resistance level near the area of 1.2660 and continue falling of the pair into the area below the level of 1.2400. In favor of falling quotes of the Canadian Dollar, a resistance line test will be performed on the indicator of relative strength index (RSI), as well as the formation of the bearish model «Wolfe Wave». USD/CAD forecast & technical analysis February 27, 2018 Cancellation of the USD/CAD fall in the forex market will be…
Quotes of GOLD XAU/USD continue to move within the correction. At this point, we should expect an attempt to test the support level near the area of 1325. Where can we expect a rebound and the continued growth in the price of GOLD with a target above the level of 1375. XAU/USD forecast & technical analysis February 27, 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). Canceling the variant of the price increase for GOLD will be the fall and breakdown of the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the correction. At the moment, we should expect a test of the support level test near the area of 0.7305 and the continuation of growth in the area above the level of 0.7465. In favor of the growth of the pair NZD/USD, a test of the support line on the indicator of relative strength index (RSI) will perform, as well as a test of the lower boundary of the bullish channel. NZD/USD forecast & technical analysis February 27, 2018 The cancellation of the New…
Currency pair Dollar Franc USD/CHF continues to move within the limits of the decline. At this point, we should expect an attempt to test the support area near the level of 0.9250 and the continued growth of the US Dollar against the Swiss Franc with a target above the area of 0.9610. USD/CHF forecast & technical analysis February 27, 2018 In favor of the growth of the Dollar/Franc 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. The cancellation of the growth of…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the limits of the decline. At this point, we should expect an attempt to test the resistance area near the level of 56.30 and continue the fall of the pair in the area below the level of 55.00. USD/RUB forecast & technical analysis February 27, 2018 In favor of the fall of the pair USD/RUB, a test of the broken trendline will appear on the indicator of relative strength index (RSI). The cancellation of the fall of the USD/RUB pair on Forex will be a strong growth and a…
Bitcoin BTC/USD is trading at the level of 10077. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Bitcoin. Ichimoku Kinko Hyo Cloud is expected to test near the 10200 level, from which one should expect a rebound and an attempt to continue falling with a target at 8800. An additional signal in favor of the drop is the resistance level test. Bitcoin forecast & analysis BTC/USD on February 27, 2018 Earlier, a weak signal was received for the sell of Bitcoin cryptocurrency, due to the crossing of signal…
Dash DSH/USD is trading at the level of 589. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. Ichimoku Kinko Hyo signal line area test near the 600 level is expected, from which it is expected to rebound and attempt to continue falling with a target at level 460. An additional signal in favor of the fall will come up test of the upper boundary of the channel. Dash forecast & analysis DSH/USD on February 27, 2018 Earlier, a weak signal was received for sell…