Currency pair Australian Dollar US Dollar AUD/USD is trading at 0.7825. 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 near the level of 0.7870 is expected, from which one should expect an attempt to fall and further development of the bearish trend with the target of decreasing near the 0.7720 level. Australian Dollar forecast AUD/USD on October 4, 2017 An additional signal in favor of falling quotations of the pair will be a resistance level…
Author: forex24pro
Currency pair US Dollar to Russian Ruble USD/RUB continues to move near the resistance level of 57.80 rubles to the US dollar. At this point, we should expect an attempt to test the upper limit of the downlink near the level of 58.30 Rubles and the continuation of the fall below 56.70. USD/RUB prediction & technical analysis on October 3, 2017 In favor of the fall of the pair USD/RUB will test the resistance line on the indicator of relative strength index (RSI). An additional signal in favor of the fall will be the formation of a reversal model of…
Currency pair Dollar Franc USD/CHF continues to move within the lateral trend. At the moment, the pair is testing the resistance area, you should expect a rebound and a drop in quotations below the area of 0.9550. In favor of the fall of the pair, the Dollar/Franc will perform a resistance line test on the relative strength indicator (RSI). USD/CHF prediction & technical analysis on October 3, 2017 The target of testing the Wolfe wave model is below the level of 0.9350. Expect the acceleration of the fall of the pair The Dollar/Franc stands with the breakdown of the level…
Quotations of the currency pair New Zealand Dollar against the US Dollar NZD/USD continue to move as part of the development of the bearish wave model of Wolfe with the potential to fall near the level of 0.7000. At this point, you should expect a rebound attempt in the area of 0.7335 and then continue falling quotations. NZD/USD prediction & technical analysis on October 3, 2017 In favor of reducing the pair on Forex will test the resistance line on the indicator of relative strength index (RSI). Cancellation of the variant of the New Zealand Dollar forex quotes drop on…
Quotes of Gold XAU/USD continue to move within the limits of the decline. At the moment, we should expect a resistance level test near the 1300 area, and then continue falling below 1265. In favor of falling quotations XAU/USD will test the downward trend line on the indicator of relative strength index (RSI), as well as test the upper boundary of the bearish channel. XAU/USD prediction & technical analysis on October 3, 2017 Expect the acceleration of the fall of the XAU/USD with a breakdown of the level of 1270. The abolition of the option of reducing the price of…
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 reduce the pair with a target below the area of 1.2320. USD/CAD prediction & technical analysis on October 3, 2017 In favor of falling quotations of the Canadian Dollar is the resistance line test on the indicator of relative strength index (RSI), as well as the formation of the «Head and Shoulders» reversal pattern. Cancellation of the USD/CAD decline on Forex will be strong growth and breakdown of the region of 1.2550, which…
Quotes of BRENT crude oil continue to trade in the fall. At the moment, we should expect a test of 56.00 level and continue falling into the support area at the level of 54.50 dollars per barrel. In favor of the continued drop in quotations and prices for oil BRENT will perform a test of a broken trend line on the indicator of relative strength index (RSI). Brent prediction & technical analysis on October 3, 2017 To expect the acceleration of the fall is a breakdown of the level of 55. The cancellation of the decline in oil prices will…
Quotes of the currency pair USD/JPY are trading within the limits of growth. At this point, you should expect a test level of 113.00, where again we should expect a rebound and an attempt to fall into the area below the level of 110.40, as part of the completion of the formation of the bullish model «5-0». USD/JPY prediction & technical analysis on October 3, 2017 In favor of the fall of the pair, a downline resistance test will perform on the relative strength indicator (RSI). Cancellation of the fall option will be a strong growth and breakdown of the…
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 support area, we should expect a rebound attempt and growth above the level of 0.7950. AUD/USD prediction & technical analysis on October 3, 2017 In favor of the rebound and growth of the pair is the formation of a reversal model of the «Head and Shoulders» on the indicator of relative strength index (RSI). The cancellation of the variant of growth of quotations of the Australian Dollar will be the fall and breakdown at the…
Currency pair Pound Dollar GBP/USD continues to move within the limits of the decline. At the moment, we should expect an attempt to grow the pair in the area above the level of 1.3450. Where again we should expect a rebound and a drop in quotations below the level of 1.3240. GBP/USD prediction & technical analysis on October 3, 2017 In favor of the growth of the pair on Forex is the test of the support area on the indicator of relative strength index (RSI). The cancellation of the pair’s growth option will result in a drop and a breakdown…