The currency pair Euro to US Dollar EUR/USD continues to trade within the framework of the bullish momentum. At this time, we should expect an attempt to rebound and fall of quotations of the euro dollar in the area below the level of 1.1640. growth in the area above the level of 1.1880. EUR/USD forecast & analysis Euro Dollar on August 29, 2017 In favor of the decrease is the test of the resistance line on the indicator of relative strength index (RSI). Cancellation of the variant of falling quotations of the euro/dollar for Forex will be breakdown at the…
Author: forex24pro
The currency pair British Pound to US Dollar GBP/USD continues to move within the framework of an bullish correction. At this point, we should expect a rebound from the resistance level and the continuation of the decline in quotations in the area below the level of 1.26. GBP/USD forecast & analysis Pound Dollar on August 29, 2017 In favor of the fall of the Pound/Dollar pair on Forex is the resistance line test on the relative strength indicator (RSI). The reversal of the fall of the pair will be a strong growth and a breakdown at level 1.30, which will…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the bearish channel. At this point, we should expect an attempt to test the upper border of the channel near the level of 0.7960. Where again we should expect an attempt to fall into the support area at the level of 0.7800. AUD/USD forecast & technical analysis on August 29, 2017 In favor of the fall of the pair is the resistance line test on the indicator of relative strength index (RSI). The cancellation of the variant of the Australian Dollar price reduction will be a breakdown at…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continues to move within the flat movement. At the moment, we should expect a test of the level of 109.70 and continuation of the pair’s decline in the area below the level of 107.70. In favor of the fall of the pair, the Dollar/Yen will perform a resistance line test on the relative strength indicator (RSI). USD/JPY forecast & technical analysis on August 29, 2017 USD/JPY forecast & technical analysis on August 29, 2017The cancellation of the fall option will be a strong growth and a breakdown of the…
Quotes of BRENT crude oil continue to trade near the resistance area of $ 52 per barrel. At the moment, we should expect an attempt to continue the decline in oil prices in the region below the level of $ 48.60. In favor of falling quotations and prices for oil BRENT will test the resistance line on the indicator of relative strength index (RSI). Technical analysis & forecast crude oil on August 29, 2017 Abolition of the variant of falling oil prices will be a strong growth and breakdown of the region of $ 54 per barrel, which will indicate…
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move within a bearish momentum. It is expected to continue the decline in quotations in the area of 1.2400, where again we should expect a rebound and growth of quotations of the pair with a potential target near the resistance area at 1.2750. USD/CAD forecast & technical analysis on August 29, 2017 In favor of the growth of quotations will perform a test of the support area on the indicator of relative strength index (RSI). Cancellation of the USD/CAD growth option on Forex will be a breakdown of the…
Quotes Gold XAU/USD continue to move within the bullish momentum. At this point, we should expect an attempt to rebound and fall of quotations and prices for GOLD in the area below the level of 1275. In favor of falling quotations XAU/USD is the resistance line test on the indicator of relative strength index (RSI). XAU/USD forecast & technical analysis GOLD on August 29, 2017 Expect to accelerate the fall is with the breakdown of the lower boundary of the bullish channel. The cancellation of the variant of the fall in the price of GOLD will be the breakdown of…
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 quotations from the level of 0.7285 and the beginning of the fall in the area below the level of 0.70. NZD/USD forecast & technical analysis on August 29, 2017 In favor of the fall of the pair NZD/USD is the resistance line test on the indicator of relative strength index (RSI). Expect to accelerate the fall in quotes NZD/USD is with a breakdown of the level of 0.7190.…
Currency pair US Dollar to Swiss Franc USD/CHF continues to move within the limits of the decline. At this point, we should expect a rebound and growth of quotations of the pair in the area above the level of 0.9685. In favor of the growth of the Dollar/Franc is the test of the support line on the indicator of relative strength index (RSI). USD/CHF forecast & technical analysis on August 29, 2017 The cancellation of the growth of the pair USD/CHF will be the fall and breakdown of the area of 0.9480, which will indicate the continuation of the decline…
Currency pair US Dollar to Russian Ruble USD/RUB broke the lower limit of the «Triangle» model and is trading below the lower limit of the model. At the moment, we should expect a test of the broken model’s border and the continuation of the decline in the Dollar/Ruble. USD/RUB forecast & technical analysis on August 29, 2017 In favor of the drop, a resistance line test will be performed on the relative strength indicator (RSI). Canceling the option of reducing the pair will be the growth and breakdown of the area of 59.50, indicating that the pair continues to grow…