The currency pair Euro to US Dollar EUR/USD continues to trade near the support area. At this point, we should expect a rebound from the level of 1.17 and the beginning of growth in the area above the level of 1.18, where again we should expect a decrease and breakdown of the support area. EUR/USD forecast & analysis Euro Dollar on August 17, 2017 In favor of continuing the decline in the euro/dollar will perform a bearish trend test on the indicator of relative strength index (RSI). By canceling the variant of growth of quotations of the euro/dollar will become…
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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 as part of the development of the bearish Wolfe wave model. At this point, we should expect a rebound and a rise in the quotes of the Pound/Dollar in the resistance area at 1.2930, where again we should expect a fall of the pair with a potential target below the area of 1.2750. GBP/USD forecast & analysis Pound Dollar on August 17, 2017 In favor of the fall of the pair on Forex will test the resistance line on the indicator of relative strength index (RSI). Abolishing the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the bearish channel. At the moment, we should expect the pair to grow in the area of 0.79, and the continuation of the fall. In favor of falling quotations of the pair AUD/USD will test the resistance line on the indicator of relative strength index (RSI). The target of the decline is the area at the level of 0.7760. AUD/USD forecast & technical analysis on August 17, 2017 The cancellation of the variant of the Australian Dollar price reduction will be the breakdown of the upper border of…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the formation of an inverted «Head and Shoulders» model. At the moment, we should expect the pair to fall below 110.00, from which we should expect a rebound and an increase in the pair’s quotations to the area above the level of 112.50, as part of the development of the «Head and Shoulders» reversal model. USD/JPY forecast & technical analysis on August 17, 2017 The cancellation of the variant of growth will be the fall and breakdown of the area 108.30, which will…
Quotes of BRENT crude oil continue to fall. At this point, we should expect an attempt to correct the quotations in the area above the level of 52, where again we should expect the continuation of the decline in oil prices in the region below the level of $ 47 per barrel. Technical analysis & forecast crude oil on August 17, 2017 In favor of the drop, a resistance line test will be performed on the relative strength indicator (RSI). The abolition of the decline in oil prices will be a strong growth and breakdown of the region 53, which…
The 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 drop the pair in the region of the lower boundary of the bullish channel near the level of 1.2700. USD/CAD forecast & technical analysis on August 17, 2017 Whence again it is necessary to expect the continuation of the growth of the pair USD/CAD above the level of 1.2850. In favor of the rebound and the growth of quotations of the pair is the test of the support line on the indicator…
Quotes Gold XAU/USD continue to move within the framework of a bearish correction. At this point, we should expect an attempt to rebound quotes and growth above the level of 1290. In favor of the growth of quotations XAU/USD is the test of the support area on the indicator of relative strength index (RSI), as well as a test of the level of support on the price chart. XAU/USD forecast & technical analysis GOLD on August 17, 2017 Near the level of 1290 again we should expect a fall in quotations and prices for gold. The cancellation of the variant…
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 the pair in the area above the level of 0.7400 and then continue the decline in the area below the level of 0.7000. NZD/USD forecast & technical analysis on August 17, 2017 In favor of the growth of quotations from current levels is the test of the trend line on the indicator of relative strength index (RSI). Cancellation of the growth option will be a fall and breakdown…
Currency pair US Dollar to Swiss Franc USD/CHF continues to move within the framework of the formation of the bearish wave model of Wolfe. At the moment, we should expect the growth of the Dollar Frank pair to continue above the level of 0.9790, from which we should expect the pair to rebound and fall below 0.9540. USD/CHF forecast & technical analysis on August 17, 2017 In favor of the fall of the Dollar/Franc pair is the resistance area test on the relative strength indicator (RSI). Canceling the option of reducing the pair USD/CHF on Forex will be a strong…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the «Triangle» model. At this point, we should expect an attempt to test the bottom of the model near the area of 58.80. Where can we expect a rebound and the growth of quotations in the area above the level of 60.70. USD/RUB forecast & technical analysis on August 17, 2017 In favor of the growth of the Dollar/Ruble pair is the test of the support line on the indicator of relative strength index (RSI). Expect the acceleration of the pair USD/RUB pair growth with the breakdown of…