Author: 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.

Currency pair USD/RUB US Dollar to Russian Ruble is trading at the level of 57.63. 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 test of the lower boundary of Ichimoku Kinko Hyo Cloud near the level of 57.60 is expected, from which it is expected to rebound and continue the development of the bullish trend with the target of growth at the level of 58.80. Russian Ruble forecast USD/RUB on October 16, 2017 Earlier, a strong signal was received for buy of the US…

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Currency pair EUR/USD Euro to US Dollar is trading at 1.1829. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the Euro/Dollar pair. Ichimoku Kinko Hyo indicator area signal line test near the level 1.1815 is expected, from which it is expected to attempt a rebound and further development of the bullish trend with the target of growth near the level of 1.1940. Euro Dollar forecast EUR/USD on October 16, 2017 An additional signal in favor of the growth of the pair is the support level test. Earlier,…

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Currency pair US Dollar Canadian Dollar USD/CAD is trading at 1.2477. The pair is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in the pair US Dollar/Canadian Dollar. The Ichimoku Kinko Hyo Cloud lower limit test is expected near 1.2460, from which it is expected to rebound and continue the development of the bullish trend with a target at 1.2540. An additional signal in favor of the growth of the pair is the support level test. Canadian Dollar forecast USD/CAD on October 16, 2017 Earlier, a weak signal was received for the sell…

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Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9750. The pair is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend for the Dollar/Franc pair. The breakdown and the test of the lower boundary of the Ichimoku Kinko Hyo indicator Cloud are expected near the level of 0.9745, from which one should expect an attempt to fall and further develop the bearish trend with the target near the level of 0.9625. Dollar Franc forecast USD/CHF on October 16, 2017 Earlier, a weak signal was received for the sell of the Dollar/Franc, due to the…

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Currency pair New Zealand Dollar US Dollar NZD/USD is trading at 0.7129. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the New Zealand Dollar/US Dollar. The test of the lower boundary is expected. The Ichimoku Kinko Hyo indicator cloud near the level of 0.7130, where one should expect an attempt to fall and further develop the bearish trend with the target near the level of 0.6990. New Zealand Dollar forecast NZD/USD on October 16, 2017 An additional signal in favor of the drop is the resistance level test. Earlier,…

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Currency pair Pound Dollar GBP/USD is trading at 1.3262. The pair continues to trade within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend for the Pound/Dollar pair. A breakdown and a test of the upper boundary are expected. Ichimoku Kinko Hyo indicator cloud near the level 1.3215, where we can expect a growth attempt with a target near the level of 1.3420. Pound Dollar forecast GBP/USD on October 16, 2017 Earlier, we received a weak signal for buy of the Pound/Dollar pair, due to the crossing of the signal lines at the level of 1.3190. The cancellation of…

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Currency pair Australian Dollar US Dollar AUD/USD is trading at 0.7819. The pair continues to bargain inside the Ichimoku Kinko Hyo Cloud, indicating a sideways trend for the Australian Dollar/US Dollar. The breakdown and the test of the upper boundary of the Ichimoku Kinko Hyo indicator cloud are expected near the level of 0.7800, from which it is expected to attempt a rebound and further development of the bullish trend with the aim of growth near the level of 0.7925. Australian Dollar forecast AUD/USD on October 16, 2017 Earlier, we received a weak signal for buy of the pair Australian…

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The currency pair Euro Dollar EUR/USD continues to move within the framework of growth. At this point, we should expect the pair’s quotes to fall below 1.1800, where again we should expect growth and a test of level 1.19 as part of the completion of the head and shoulders reversal pattern. EUR/USD prediction & technical analysis on October 16, 2017 In favor of the growth of EUR/USD quotations, a test of the support line will be made on the indicator of relative strength index (RSI). Cancellation of the variant of falling quotations of the euro/dollar on Forex will be strong…

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Currency pair Pound Dollar GBP/USD continues to move within the framework of the formation of the bullish model «5-0». At the moment, the pair is testing the lower boundary of the uplink. It is expected to rebound and the pair Pound/Dollar rise above the level of 1.3450. GBP/USD prediction & technical analysis on October 16, 2017 In favor of the growth of the pair on Forex is the breakdown of the bearish trendline on the indicator of relative strength index (RSI). Cancellation of the pair’s growth option will be a drop and breakdown at the level of 1.2970, indicating that…

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Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the limits of the decline. At the moment, the pair is testing the resistance area, you should expect an attempt to rebound and fall AUD/USD below the level of 0.7670. In favor of continuing the decline of the pair is the test of the bearish trendline on the indicator of relative strength index (RSI), as well as the test of the upper boundary of the bearish channel. AUD/USD prediction & technical analysis on October 16, 2017 The cancellation of the variant of the Australian Dollar price fall will…

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