The currency pair Euro to US Dollar EUR/USD continues to trade in the lateral movement. At the moment, it is worth continuing the decline in the region at the level of 1.1700. Whence again we should expect a rebound upward and the EUR/USD pair’s quotations begin to rise in the region above the level of 1.1920 within the framework of the inverted «Head and Shoulders» model. EUR/USD forecast & analysis Euro Dollar on August 24, 2017 Cancellation of the variant of growth of quotations of the euro dollar for Forex will be breakdown at the level of 1.1610, which will…
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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.
The currency pair British Pound to US Dollar GBP/USD continues to move within the limits of the decline. At this point, we should expect a rebound from the support level with a target above area 1.30. In favor of the growth of the Pound/Dollar pair on Forex is the test of the support line on the indicator of relative strength index (RSI). GBP/USD forecast & analysis Pound Dollar on August 24, 2017 The cancellation of the pair’s growth option will result in a drop and breakdown at the level of 1.2750, indicating that the pair’s quotes will continue to decline.…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the formation of the bearish wave model of Wolfe. At the moment, we should expect the pair to continue growing above the level of 0.7995, where again we should expect a fall attempt in the area below 0.7800. AUD/USD forecast & technical analysis on August 24, 2017 The cancellation of the variant of the Australian Dollar price reduction will be a breakdown at the level of 0.8070, which will indicate the continued growth of the pair on Forex. An additional signal in favor of growth is…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continues to move in the fall. At this point, we should expect the breakdown of the support area and the reduction of the pair with a target below 107.20. USD/JPY forecast & technical analysis on August 24, 2017 In favor of the fall 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 fall option will be a strong growth and breakdown of the area of 110.50, indicating that the pair USD/JPY…
Quotes of BRENT crude oil continue to trade near the area of $ 51 per barrel. At this point, we should expect an attempt to continue the decline in oil prices in the support area near 50. Where again we should expect a rebound and an increase in oil prices. Technical analysis & forecast crude oil on August 24, 2017 In favor of growth, a test of the support line on the indicator of relative strength index (RSI) will perform. Abolition of the variant of oil price growth will be a strong fall and breakdown of the area 49, which…
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the framework of the formation of the bull model of the Wolfe wave. The target of working out this model is the area at the level of 1.2770. In favor of the growth of quotations will perform a test of the support line on the indicator of relative strength index (RSI). USD/CAD forecast & technical analysis on August 24, 2017 At the moment, we should expect an attempt to test the area of 1.2540, from which we should expect a rebound and the growth of quotations. Cancellation…
Quotes Gold XAU/USD continue to move within the framework of the Wedge model. At this point, we should expect an attempt to continue the growth of quotations above the level of 1305. In favor of the growth of quotations XAU/USD is the test of the support line on the indicator of relative strength index (RSI). XAU/USD forecast & technical analysis GOLD on August 24, 2017 To expect the beginning of the fall in the price of Gold is with the breakdown of the lower boundary of the Wedge model and the closing of quotations below the area of 1280. The…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the formation of the «Head and Shoulders» reversal pattern. It is expected to rebound quotes from the support level and the pair’s growth in the area above the level of 0.7360, where again we should expect the beginning of the fall in the area below 0.6950. NZD/USD forecast & technical analysis on August 24, 2017 In favor of the growth of the pair is the test of the support line on the indicator of relative strength index (RSI). Canceling the variant of…
Currency pair US Dollar to Swiss Franc USD/CHF continues to move within the framework of the formation of the Triangle model. At the moment, we should expect a test of the level of 0.9715 and the beginning of the fall in the area of the lower boundary of the model. USD/CHF forecast & technical analysis on August 24, 2017 In favor of the fall of the pair, the Dollar/Franc will test the resistance line on the indicator of relative strength. Cancellation of the fall of the pair USD/CHF will be a strong growth and breakdown of the area of 0.9770,…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the Triangle model. At the moment, quotes are testing the lower limit of the model. It is expected to rebound quotes and growth in the upper boundary at the level of 60.50 Rubles per US Dollar. USD/RUB forecast & technical analysis on August 24, 2017 In favor of growth is the test of the support area on the indicator of relative strength index (RSI). Expect to accelerate the growth of the pair USD/RUB on Forex costs with the breakdown of the upper limit of the Triangle model and…