The currency pair British Pound to US Dollar GBP/USD continues to move within the bullish momentum. At this point, we should expect a rebound from the level of the upper limit of the downward channel and the fall in quotations of the Pound against the US dollar to the area below 1.28. GBP/USD forecast & analysis Pound Dollar on September 7, 2017 In favor of reducing the pair Pound/Dollar on Forex is the test of the bearish resistance line on the indicator of relative strength index (RSI). The cancellation of the pair’s downgrade option will be a strong growth and…
Author: forex24pro
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the limits of growth. At this point, we should expect a rebound attempt from 0.8030 level and fall into the area below the level of 0.7800. In favor of the fall of the pair is the resistance area test on the relative strength indicator (RSI). AUD/USD forecast & technical analysis on September 7, 2017 The cancellation of the variant of the Australian Dollar price decrease will be a breakdown at the level of 0.8060, which will indicate continuation of AUD/USD growth on Forex above the area of 0.8250.…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY are traded within the limits of expectations. At this point, we should expect a test level of 108.70, from which we should expect a rebound and the beginning of the pair’s growth in the area above the level of 113.00. USD/JPY forecast & technical analysis on September 7, 2017 In favor of the growth of the Dollar/Yen pair is the formation of an inverted «Head and Shoulders» model, as well as a support area test on the relative strength indicator (RSI). Cancellation of the variant of growth will be…
Quotes of BRENT crude oil continue to trade as part of the growth. At the moment, we should expect a rebound attempt from the level of $ 54 per barrel and falling quotes with a potential target near the area of 51.50. Technical analysis & forecast crude oil on September 7, 2017 In favor of falling quotations and prices for oil BRENT is a test of the resistance line on the indicator of relative strength index (RSI), as well as the formation of the bearish wave model of Wolfe. The abolition of the fall in oil prices will be a…
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move in line with expectations. It is worth waiting for an attempt to test the upper limit of the bearish channel near 1.2350 from which we should expect a rebound and fall of quotations of the pair below the level of 1.2050. USD/CAD forecast & technical analysis on September 7, 2017 In favor of a rebound in the Canadian Dollar quotes, the support line test on the relative strength indicator (RSI) appears upward. The cancellation of the USD/CAD fall on the Forex market will result in a strong growth…
Quotes Gold XAU/USD continue to move within the growth framework. At the moment, we should expect a test of the lower limit of the «Wedge» model, where again we should expect a rebound and growth of quotations and GOLD prices above the level of 1355. XAU/USD forecast & technical analysis on September 7, 2017 In favor of the growth of XAU/USD quotations, a support line test will be performed on the relative strength indicator (RSI). Expect the acceleration of growth is with the breakdown of the level of 1340. The abolition 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 bull model of the Wolfe wave. At the moment, we should expect a fall in quotations to the area of 0.7170, where again we should expect further growth. NZD/USD forecast & technical analysis on September 7, 2017 In favor of the growth of the pair will make the formation of an inverted model of the «Head and Shoulders». Expect to accelerate the growth of quotations NZD/USD is with a breakdown of the level of 0.7280. The cancellation of the growth of the New…
Currency pair US Dollar to Swiss Franc USD/CHF continues to move within the framework of the formation of the «Head and Shoulders» reversal pattern. At the moment, we should expect a test of the level of 0.9530 and the beginning of the growth of the pair’s quotations to the area above the level of 0.9770. USD/CHF forecast & technical analysis on September 7, 2017 In favor of the growth of the Dollar/Franc pair will perform a test of the support line on the indicator of relative strength index (RSI). The cancellation of the growth of the USD/CHF pair on Forex…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the limits of the decline. At this point, we should expect a test of the level of 57.45 Rubles per US Dollar and the continuation of the fall of quotations of the pair below the level of 56.30. USD/RUB forecast & technical analysis on September 7, 2017 In favor of the fall of the pair, a resistance line test will be performed on the indicator of relative strength index (RSI). The cancellation of the option of reducing the Dollar/Ruble pair will result in a strong growth and breakdown…
Zcash ZEC/USD is trading at 237. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend for Zcash. It is expected to test the area of the signal lines of the indicator near the level of 240, from which it is expected to attempt a rebound and further develop the bearish trend to fall below the level of 195. Zcash prediction & analysis ZEC/USD on September 7, 2017 Earlier, a weak signal was received for sales of Zcash cryptocurrency, by crossing signal lines at level 272. Canceling the variant of falling quotes…