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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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 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…
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…
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…
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…
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…
Quotes of the currency pair USD/JPY are trading within the limits of the decline. At this point, we should expect a breakdown at 112.00 level, and then continue falling into the area below the level of 110.70. Where can we expect a rebound from the lower border of the channel and an attempt to grow into the region above the level of 113.50. USD/JPY prediction & technical analysis on October 16, 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…
Quotes of BRENT crude oil continue to be traded within the rising channel. At the moment, we should expect a test of the level of 55.60 and the continuation of growth in the area above the level of $ 58 per barrel. In favor of the growth of quotations and oil prices BRENT will test the upward trend line on the indicator of relative strength, as well as the formation of the reversal model of the «Head and Shoulders». Brent prediction & technical analysis on October 16, 2017 Expect the acceleration of the growth of quotations is with the breakdown…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the framework of an bullish correction. At the moment, we should expect an attempt to test the level of 1.2550 and continue the fall of the pair with a target at 1.2350. In favor of lowering the quotes of the Canadian Dollar, a resistance level test will perform. USD/CAD prediction & technical analysis on October 16, 2017 Canceling the USD/CAD decline on Forex will be a strong growth and breakdown of the area of 1.2605, which indicates that the pair continues to grow above the level of 1.2670.…
Quotes of Gold XAU/USD continue to move within the limits of growth. At the moment, we should expect an attempt to drop the quotes below the level of 1275. Again, we should expect a rebound and a rise in GOLD prices above the level of 1320 within the beginning of the development of the bullish «5-0» model. XAU/USD prediction & technical analysis on October 16, 2017 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 growth of the…