Quotations of the currency pair New Zealand Dollar NZD/USD continue to move within the limits of the decline. It is worth to wait for the test of the level of 0.7010 and the beginning of growth in the area above the level of 0.7240 within the beginning of the development of the bullish model of the Wolfe wave. NZD/USD prediction & technical analysis on October 12, 2017 In favor of the growth of the pair on Forex is the breakdown of the trend line on the indicator of relative strength index (RSI). Cancellation of the variant of growth of quotations…
Author: forex24pro
Currency pair Dollar Franc USD/CHF continues to move within the flat trend. At the moment, the pair is testing the resistance area, we should expect the rebound and fall of quotations in the area below the level of 0.96. In favor of reducing the Dollar/Franc pair is the breakdown of the support line on the indicator of relative strength index (RSI). USD/CHF prediction & technical analysis on October 12, 2017 The cancellation of the USD / CHF fall on the FOREX will be a strong growth and breakdown of the area of 0.9870, which will indicate a breakdown of resistance…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the flat trend. At this point, we should expect an attempt to test the level of 58.10 rubles and continue falling below the level of 56 rubles per US dollar. In favor of the fall of the pair USD/RUB, a resistance area test will be performed on the relative strength indicator (RSI). USD/RUB prediction & technical analysis on October 12, 2017 An additional signal in favor of the fall is the formation of the «Head and Shoulders» reversal pattern. The cancellation of the USD/RUB fall forex variant will…
Currency pair Australian Dollar US Dollar AUD/USD is trading at 0.7775. 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. Ichimoku Kinko Hyo indicator area signal line test is expected near the 0.7790 level, from which it is expected to attempt a rebound and further development of the bearish trend with a target to lower near the level of 0.7690. Australian Dollar forecast AUD/USD on October 12, 2017 An additional signal in favor of the fall will be the test of the upper boundary…
Currency pair Pound Dollar GBP/USD is trading at 1.3202. The pair continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Pound/Dollar pair. The lower limit test is expected. Ichimoku Kinko Hyo indicator cloud near the level 1.3220, where we expect a fall attempt with a target near the level of 1.3020. Pound Dollar forecast GBP/USD on October 12, 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 the fall of…
Currency pair New Zealand Dollar US Dollar NZD/USD is trading at 0.7069. 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. Ichimoku Kinko Hyo indicator area signal line test near the level of 0.7105 is expected, from which it is expected to try to fall and further develop the bearish trend with the target near the level of 0.6990. An additional signal in favor of the fall of the pair is the test of the upper boundary of the bearish channel. New Zealand Dollar forecast…
Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9750. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the Dollar/Franc pair. The test of the upper limit of the Ichimoku Kinko Hyo indicator cloud is expected near the level of 0.9740, where we can expect an attempt of growth and further development of the bullish trend with the target close to the level of 0.9890. Dollar Franc forecast USD/CHF on October 12, 2017 An additional signal in favor of the growth of the pair will be…
Currency pair US Dollar Canadian Dollar USD/CAD is trading at 1.2515. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the pair US Dollar/Canadian Dollar. Ichimoku Kinko Hyo Cloud is expected to test near the level of 1.2495, from which it is expected to rebound and continue the development of the bullish trend with a target at 1.2660. An additional signal in favor of the growth of the pair will be a test of the lower boundary of the bullish channel. Canadian Dollar forecast USD/CAD on October 12, 2017…
Currency pair EUR/USD Euro to US Dollar is trading at 1.1808. 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 test of the upper boundary is expected. Ichimoku Kinko Hyo indicator cloud near the level of 1.1840, where we can expect a rebound attempt and further development of the bearish trend with the aim of falling near the level of 1.1745. An additional signal in favor of the fall of the pair will be a test of the resistance area. Euro Dollar forecast EUR/USD…
Currency pair USD/RUB US Dollar to Russian Ruble is trading at the level of 57.87. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the pair US Dollar/Russian Ruble. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 57.75, from which it is expected to rebound and continue the development of the bullish trend with the aim of growth at the level of 59.50. Russian Ruble forecast USD/RUB on October 12, 2017 Earlier, a strong signal was received for buy of the US Dollar/Russian…