Currency pair Dollar Franc USD/CHF continues to move within the correction. At this point, we should expect the continuation of the fall in quotations in the area below the level of 0.9620. In favor of reducing the Dollar Franc pair is the breakdown of the support line on the indicator of relative strength index (RSI), as well as the formation of the «Head and Shoulders» reversal pattern. USD/CHF prediction & technical analysis on October 17, 2017 The cancellation of the USD/CHF fall on the Forex will result in a strong growth and breakout of the area of 0.9870, which will…
Author: forex24pro
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 level of 0.7135 and continuation of growth in the area above the level of 0.7250. NZD/USD prediction & technical analysis on October 17, 2017 In favor of reducing the pair on Forex is the resistance area on the indicator of relative strength index (RSI). Cancellation of the variant of growth of quotations of the New Zealand Dollar on Forex will be the breakdown of the area of 0.7080, which will indicate…
Quotes of Gold XAU/USD continue to move within the limits of growth. At the moment, we should expect an attempt to drop quotes below the level of 1275 as part of the completion of the «Head and Shoulders» reversal pattern. XAU/USD prediction & technical analysis on October 17, 2017 Where again we should expect a rebound and a rise in the price of Gold above the level of 1335. In favor of falling quotations XAU/USD is the formation of a reversal model the «Failure Swing» on the indicator of relative strength index (RSI). The cancellation of the variant of the…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the framework of an bullish correction. At this point, we should expect an attempt to rebound and continue the fall of the pair with a target at 1.2420, as part of the completion of the formation of the bullish wave model of Wolfe. USD/CAD prediction & technical analysis on October 17, 2017 In favor of lowering the quotes of the Canadian Dollar, a resistance area test will be performed on the indicator of relative strength index (RSI). Canceling the USD/CAD decline on Forex will be a strong growth…
Quotes of BRENT crude oil continue to trade as part of the growth. At this point, we should expect a test level of 58.20 and continue falling to the area below the level of $ 55 per barrel. In favor of falling quotes and oil prices BRENT will test the resistance area on the indicator of relative strength index (RSI). Brent prediction & technical analysis on October 17, 2017 Expect to accelerate the fall of quotations is with a breakdown of $ 54 per barrel, which indicates the completion of the formation of the reversal model «Double Top». The abolition…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY are trading within the limits of the decline. At this point, we should expect an attempt to test the level of the lower border of the channel near the area of 111.00 and then continue the growth in the area above 114.00. USD/JPY prediction & technical analysis on October 17, 2017 In favor of the growth of the pair will perform a test of the support area on the indicator of relative strength index (RSI). The cancellation of the growth variant of the Dollar/Yen pair will result in a…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the limits of growth. At the moment, the pair is testing the area of 0.7862, we should expect an attempt to test the area of 0.7815 and continue the growth of AUD/USD above the level of 0.7950. AUD/USD prediction & technical analysis on October 17, 2017 In favor of continuing the growth of the pair is the breakdown of the downward trend line on the indicator of relative strength index (RSI). The cancellation of the drop in the Australian Dollar quotations will result in a strong growth and…
Currency pair Pound Dollar GBP/USD continues to move within the framework of the development of the bullish model «5-0» with a target at 1.3550. At the moment, the pair is testing the support area. It is expected to rebound and the pair Pound/Dollar rise above 1.3570. GBP/USD prediction & technical analysis on October 17, 2017 In favor of the growth of the pair on Forex is the test of the trend line on the indicator of relative strength index (RSI). The cancellation of the pair’s growth option will result in a drop and a breakdown at 1.3180, indicating that the…
The currency pair Euro Dollar EUR/USD continues to move within the correction. At the moment, we should expect a test of the lower border of the bullish channel and the continuation of growth above the level of 1.1930, as part of the start-up of the bullish model «5-0». EUR/USD prediction & technical analysis on October 17, 2017 In favor of the growth of quotations EUR/USD is the test of the support line on the indicator of relative strength. Cancellation of the variant of growth of quotations of the euro/dollar on Forex will be a drop and breakdown at the level…
Zcash ZEC/USD is trading at the level of 232. Cryptocurrency is trading below the lower bound of the Cloud of the Ichimoku indicator Kinko Hyo, which indicates the presence of a bearish trend for Zcash. Ichimoku Kinko Hyo Cloud near the level 235 is expected to be tested near the level of 235, from which one should expect a rebound and a further fall attempt with a target below the level of 180. Earlier, a strong signal was received for sell of Zcash cryptocurrency, by crossing the signal lines at 234. Zcash prediction & analysis ZEC/USD on October 17, 2017…