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 reversal model «Double Top». USD/CAD prediction & technical analysis on October 19, 2017 In favor of lowering the quotes of the Canadian Dollar, a resistance line test will be performed on the indicator of relative strength. Cancellation of the USD/CAD decline on Forex will be strong growth and breakdown of…
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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.
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 as part of the completion of the «Head and Shoulders» reversal pattern. Where again we should expect a rebound and a rise in gold prices above the level of 1335. XAU/USD prediction & technical analysis on October 19, 2017 In favor of the growth of XAU/USD quotes, the support line test is on the indicator of relative strength index (RSI). The cancellation of the variant of the growth of the price for GOLD…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the descending channel. At the moment, we should expect a test of the level of 0.7235 and continuation of the fall in the area below the level of 0.7040. NZD/USD prediction & technical analysis on October 19, 2017 In favor of reducing the pair at Forex, a resistance area test will be performed on the indicator of relative strength (RSI). Canceling the option to reduce the quotes of the New Zealand Dollar to Forex will be a breakdown of the area of 0.7260, indicating…
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 0.9870 and an attempt to drop the 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 19, 2017 Canceling the fall of the USD/CHF pair on Forex will be a strong growth and breakout of the area of 0.9920, which will indicate a breakdown of the resistance level and the…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the lateral 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 19, 2017 An additional signal in favor of growth is the formation of the reversal model «Double Bottom». The cancellation of the growth of 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. The test area of Ichimoku Kinko Hyo indicator lines near the level of 57.25 is expected, from which it is expected to attempt a rebound and further development of the bullish trend with a target to rising near the level of $ 59.00 per barrel. An additional signal in favor of rising oil prices will test the level of support. Analysis & forecast…
GOLD XAU/USD is trading at 1286. GOLD continues to trade above the upper Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend in Gold. The upper limit of the Ichimoku Kinko Hyo Cloud is expected near the level of 1285, from which one should expect a rebound and further development of the bullish trend for Gold with a target near the level of 1315. GOLD prices forecast XAU/USD on October 19, 2017 Earlier, a weak signal was received for the sell of Gold, by crossing the signal lines at 1294. Canceling the growth of quotations GOLD will…
Currency pair USD/JPY US Dollar to Japanese Yen is trading at 112.16. The pair is trading below the lower Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Dollar/Yen pair. The test of the lower boundary is expected. Ichimoku Kinko Hyo indicator cloud near the level 112.45, from which one should expect a rebound attempt and further development of the bearish trend with the target near the level of 110.95. Japanese Yen forecast USD/JPY on October 19, 2017 Earlier, a weak signal was received for the sell of the Dollar/Yen pair, due to the crossing of signal lines at…
Currency pair USD/RUB US Dollar to Russian Ruble is trading at the level of 57.50. The pair is trading below the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the pair US Dollar/Russian Ruble. The test of the Ichimoku Kinko Hyo signaling area near the level of 57.65 is expected, from which it is expected to rebound and continue the development of the bearish trend with the target of falling at the level of 56.45. Russian Ruble forecast USD/RUB on October 19, 2017 Earlier, a medium strength signal was received for the sale of the US Dollar/Russian Ruble,…
Currency pair EUR/USD Euro to US Dollar is trading at 1.1770. The pair continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Euro/Dollar pair. Ichimoku Kinko Hyo Cloud near the level 1.1780 is expected to test the bottom of the cloud, from which it is expected to attempt a rebound and further develop the bearish trend with a target to lower near the level of 1.1650. An additional signal in favor of the fall of the pair is the resistance level test. Euro Dollar forecast EUR/USD on October 19, 2017…