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 area of 0.7840, we should expect a rebound attempt and growth above the level of 0.7910 as part of the formation of the bearish wave model of Wolfe. AUD/USD prediction & technical analysis on October 20, 2017 The target of testing the model is the area below the level of 0.7770. Again, from the level of 0.7910, we should expect a further fall. In favor of reducing the pair AUD/USD, a resistance area test will…
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 are traded within the framework of the bullish model «5-0». At the moment, the pair is testing the resistance area. One should expect an attempt to rebound and fall into the region of the lower boundary of the channel near the area of 111.75. USD/JPY prediction & technical analysis on October 20, 2017 In favor of the fall of the pair is a test of the resistance level on the indicator of relative strength index (RSI). With the breakdown of area 111.05, we should expect the continuation of the…
Quotes of BRENT crude oil continue to trade as part of the growth. At the moment, you should expect a test level of 58 and continue falling into the area below the level of $ 55 per barrel. In favor of falling quotations and prices for oil BRENT will perform a test of a broken trend line on the indicator of relative strength index (RSI). Brent prediction & technical analysis on October 20, 2017 Expect to accelerate the fall of quotations is with a breakdown level of $ 54 per barrel, which indicates the completion of the formation of the…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the framework of the formation of the reversal model «Double Top». At this point, we should expect an attempt to test the broken trend line near the area of 1.2510 and continue falling below the level of 1.2340. USD/CAD prediction & technical analysis on October 20, 2017 In favor of lowering the quotes of the Canadian Dollar, a rebound will come from the resistance area of the relative strength indicator (RSI). Cancellation of the USD/CAD decline on Forex will be strong growth and breakdown of the area of…
Quotes of GOLD XAU/USD continue to move within the limits of the decline. At this point, we should expect an attempt to test the level of 1280 and complete the formation of the reversal model of the «Head and Shoulders». XAU/USD prediction & technical analysis on October 20, 2017 Where again we should expect a rebound and a rise in gold prices above the level of 1335. In favor of the growth of XAU/USD quotes, the support line test is on the indicator of relative strength index (RSI). Cancellation of the variant of the growth of the price for Gold…
Currency pair Dollar Franc USD/CHF continues to move within the framework of growth. At the moment, we should expect a test of the level of 0.9820 and an attempt to drop quotations in the area below the level of 0.9620. In favor of reducing the Dollar/Franc pair is the resistance line test on the relative strength indicator (RSI). USD/CHF prediction & technical analysis on October 20, 2017 The cancellation of the USD/CHF fall on the FOREX will be a strong growth and the breakdown of the area of 0.9880, which will indicate the breakdown of the resistance area and the…
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 support area near the level of 57 rubles per US dollar and continue growing. In favor of the growth of the pair USD/RUB is the test of the support line on the indicator of relative strength index (RSI). USD/RUB prediction & technical analysis on October 20, 2017 An additional signal in favor of growth is the formation of the reversal model «Double Bottom». Cancellation of the growth option for the USD/RUB pair on Forex…
Brent crude oil is trading at a level of 57.85 dollars per barrel. Brent oil is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend in Oil. Ichimoku Kinko Hyo indicator area signal line test is near the level of 57.25, 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 59.35 dollars per barrel. An additional signal in favor of rising oil prices will test the lower boundary of the rising channel. Analysis &…
GOLD XAU/USD is trading at 1281. GOLD continues to trade within the Ichimoku Kinko Hyo Cloud, which indicates a lateral trend over GOLD. The lower boundary of the Ichimoku Kinko Hyo Cloud is expected near the level of 1280, from which one should expect a rebound and further development of the bullish trend for gold with a target near the level of 1297. An additional signal in favor of growth will be a test of the support level. GOLD prices forecast XAU/USD on October 20, 2017 Earlier, we received a weak signal for the sell of Gold, due to the…
Currency pair USD/JPY US Dollar to Japanese Yen is trading at 112.96. The pair is trading above the upper Ichimoku Kinko Hyo Cloud, indicating an bullish in the pair of Dollar/Yen. The test of the broken border is expected. Ichimoku Kinko Hyo indicator cloud near the level 112.70, from which one should expect a rebound attempt and further development of the bullish trend with the target near the level of 113.75. Japanese Yen forecast USD/JPY on October 20, 2017 Earlier, a weak signal was obtained for the buy of the Dollar/Yen pair, due to the crossing of the signal lines…