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 support level near the area of 111.10, and further continue the growth in the area above the level of 113.90. In favor of the growth of the pair, an uptrend line test will be performed on the indicator of relative strength index (RSI). USD/JPY prediction & technical analysis on October 12, 2017 Cancellation of the growth option will be a drop and breakdown at the level of 110.40, which will indicate the continued decline in the…
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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 BRENT crude oil continue to be traded within the rising channel. At the moment, we should expect a test of the level of 56.90 and continuation of the decline in the support area at $ 53 per barrel. In favor of falling quotations and prices for oil BRENT is the test of the downward trend line on the indicator of relative strength index (RSI). Brent prediction & technical analysis on October 12, 2017 To expect the acceleration of the fall is with the breakdown of the level of 54.50. The abolition of the decline in oil prices will…
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 will test the breakdown of the border of the bullish channel. USD/CAD prediction & technical analysis on October 12, 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…
Quotes of Gold XAU/USD continue to move within the limits of growth. At the moment, we should expect a test of the broken down channel border near the level of 1285, and then continue the growth of quotations above the level of 1320. In favor of the growth of quotations XAU/USD is the formation of a bullish model «5-0». XAU/USD prediction & technical analysis on October 12, 2017 Expect to accelerate the growth of XAU/USD with a breakdown of the level of 1300. Cancellation of the variant of the growth of the price for Gold will be the breakdown of…
Quotations of the currency pair New Zealand Dollar NZD/USD continue to move within the limits of the decline. It is worth to wait for the test of the level of 0.7010 and the beginning of growth in the area above the level of 0.7240 within the beginning of the development of the bullish model of the Wolfe wave. NZD/USD prediction & technical analysis on October 12, 2017 In favor of the growth of the pair on Forex is the breakdown of the trend line on the indicator of relative strength index (RSI). Cancellation of the variant of growth of quotations…
Currency pair Dollar Franc USD/CHF continues to move within the flat trend. At the moment, the pair is testing the resistance area, we should expect the rebound and fall of quotations in the area below the level of 0.96. 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 12, 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 resistance…
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 level of 58.10 rubles and continue falling below the level of 56 rubles per US dollar. In favor of the fall of the pair USD/RUB, a resistance area test will be performed on the relative strength indicator (RSI). USD/RUB prediction & technical analysis on October 12, 2017 An additional signal in favor of the fall is the formation of the «Head and Shoulders» reversal pattern. The cancellation of the USD/RUB fall forex variant will…
Currency pair Australian Dollar US Dollar AUD/USD is trading at 0.7775. 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. Ichimoku Kinko Hyo indicator area signal line test is expected near the 0.7790 level, from which it is expected to attempt a rebound and further development of the bearish trend with a target to lower near the level of 0.7690. Australian Dollar forecast AUD/USD on October 12, 2017 An additional signal in favor of the fall will be the test of the upper boundary…
Currency pair Pound Dollar GBP/USD is trading at 1.3202. The pair continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Pound/Dollar pair. The lower limit test is expected. Ichimoku Kinko Hyo indicator cloud near the level 1.3220, where we expect a fall attempt with a target near the level of 1.3020. Pound Dollar forecast GBP/USD on October 12, 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 the fall of…
Currency pair New Zealand Dollar US Dollar NZD/USD is trading at 0.7069. 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. Ichimoku Kinko Hyo indicator area signal line test near the level of 0.7105 is expected, from which it is expected to try to fall and further develop the bearish trend with the target near the level of 0.6990. An additional signal in favor of the fall of the pair is the test of the upper boundary of the bearish channel. New Zealand Dollar forecast…