Currency pair Pound Dollar GBP/USD continues to move within the limits of growth. At the moment, the pair is testing the area of 1.32. It is necessary to expect the breakdown of the upper boundary of the descending channel and the attempt to grow above the level of 1.3450. GBP/USD prediction & technical analysis on October 13, 2017 In favor of the growth of the pair on Forex is the breakdown of the bearish trend line on the indicator of relative strength index (RSI), as well as the formation of the «Head and Shoulders» reversal model. Cancellation of the pair’s…
Author: forex24pro
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. AUD/USD prediction & technical analysis on October 13, 2017 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 descending channel. 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 the moment, we should expect a test of the broken channel border near the level of 112.90, and further continue the fall into the area below the level of 110.40. In favor of the growth of the pair, a bearish trendline test will perform on the relative strength indicator (RSI). USD/JPY prediction & technical analysis on October 13, 2017 The cancellation of the fall variant of the Dollar/Yen pair will result in a strong growth and breakdown at the level of 113.60, which will indicate…
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 index (RSI), as well as the formation of the reversal model of the «Head and Shoulders». Brent prediction & technical analysis on October 13, 2017 Expect to accelerate the growth of quotations is with a…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the framework of an upward 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. USD/CAD prediction & technical analysis on October 13, 2017 In favor of lowering the quotes of the Canadian Dollar, the test breaks the border of the bullish channel, as well as the formation of the «Head and Shoulders» reversal pattern. Canceling the USD/CAD decline on Forex will be a strong growth and breakdown of the area…
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 13, 2017 In favor of falling quotations XAU/USD will come the test of the bearish trend line on the indicator of relative strength index (RSI). The cancellation of the variant of the growth of the price…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the limits of the decline. It is worth to wait for the test of the level of 0.7090 and continuation of the fall in the area below the level of 0.7010. NZD/USD prediction & technical analysis on October 13, 2017 In favor of the fall of the pair on Forex will test the trend line on the indicator of relative strength index (RSI), as well as test the upper boundary of the bearish channel. The cancellation of the variant of the New Zealand Dollar…
Currency pair Dollar Franc USD/CHF continues to move within the limits of the decline. At the moment, we should expect a test of the level of 0.9750 and continuation of the fall of quotations in the area below the level of 0.9580. 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 13, 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…
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 bottom of the uplink and continue growth with the target above the area of 58.90. In favor of the growth of the pair USD/RUB will perform a test of the support line on the indicator of relative strength index (RSI). USD/RUB prediction & technical analysis on October 13, 2017 An additional signal in favor of growth is the formation of a bullish «5-0» model. Cancellation of the growth option for the USD/RUB pair on…
Currency pair Australian Dollar US Dollar AUD/USD is trading at 0.7788. 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. The test of the lower boundary of the Ichimoku Kinko Hyo indicator cloud is expected near the level of 0.7795, from which it is expected to attempt a rebound and further develop the bearish trend with the target of lowering near the level of 0.7690. Australian Dollar forecast AUD/USD on October 13, 2017 An additional signal in favor of the fall is the resistance…