Currency pair Australian Dollar US Dollar AUD/USD is trading at 0.7799. The pair continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the pair Australian Dollar/US Dollar. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 0.7805, from which it is expected to attempt a rebound and further development of the bearish trend with the target of falling near the level of 0.7675. Australian Dollar forecast AUD/USD on March 8, 2018 An additional signal in favor of the fall of the pair is the test of…
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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.
Bitcoin BTC/USD are traded at the level of 10933 and continue to move as part of the reduction and start-up of the bearish model «Wolfe Wave». At this point, we should expect a test of the resistance area near the level of 11200. Again, we should expect a rebound and an attempt to continue the Bitcoin drop with a target below 9500 as part of the start of the development of the reversal model «Double Top». In favor of falling quotes BTC/USD will test the trend line on the indicator of relative strength index (RSI). Bitcoin forecast & technical analysis…
Currency pair US Dollar Russian Ruble USD/RUB continues to move in the fall. At this point, we should expect an attempt to test the support area near the level of 56.20 and continue the growth of the pair in the area above the level of 57.45. In favor of the growth of the pair USD/RUB will perform a test of the support line on the indicator of relative strength index (RSI). USD/RUB forecast & technical analysis March 7, 2018 Cancellation of the growth option for the pair USD/RUB on FOREX will be a drop and a breakdown of the level…
Currency pair Dollar Franc USD/CHF continues to move within the framework of a bullish correction. At the moment, we should expect an attempt to test the resistance area near the level of 0.9410 and the continuation of the fall of the US Dollar against the Swiss Franc with a target below 0.9195. In favor of the fall of the pair, the Dollar/Franc will test the area of the upper boundary of the bearish channel, as well as the formation of the «Head and Shoulders» reversal model. USD/CHF forecast & technical analysis March 7, 2018 The cancellation of the USD/CHF fall…
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…
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…