Currency pair Australian Dollar to US Dollar AUD/USD continues to move near the area of 0.7930. At the moment, the Forex pattern Triangle is being formed. It is worth expecting a tight test of the upper limit of the model and the beginning of the fall in the area below the level of 0.7780. AUD/USD technical analysis & forecast on July 26, 2017 In favor of the decline, the trendline test will be performed on the indicator of relative strength index (RSI). The cancellation of the fall option will result in a strong growth and breakdown at the level of…
Author: forex24pro
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 GBP/USD continues to move within the framework of the downward Woolf wave model with the potential target of working below level 1.28. At the moment, we should expect a test of the level of 1.3050, and further continue the decline in the pair’s quotes below the level of 1.2950. GBP/USD technical analysis & forecast on July 26, 2017 In favor of the fall of the pair GBP/USD is the resistance line test on the indicator of relative strength index (RSI). The abolition of the decline option will be a breakdown at 1.31, indicating that the pair will…
The currency pair Euro to US Dollar EUR/USD continues to be traded near the area of 1.1655. At the moment the «Head and Shoulders» reversal pattern is being formed, which indicates a drop in quotations to the area below the level of 1.1550. EUR/USD technical analysis & forecast on July 26, 2017 Abolishing the option of reducing the euro the dollar will break through the level of 1.17, which will indicate the cancellation of the model and the continued growth of EUR/USD. Expect to accelerate the fall of the pair is with the breakdown of the level of 1.1610. Among…
Currency pair Australian Dollar to US Dollar AUD/USD is trading at 0.7944. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the pair Australian Dollar/US Dollar. The pair’s AUD/USD pair is expected to fall to the level of 0.7900, from which it is expected to try to grow and develop the bullish trend for the pair AUD/USD with the target of growth near the level of 0.8100. Australian Dollar forecast AUD/USD on July 25, 2017 Earlier, a strong signal was received for buying of the pair Australian Dollar/US…
British Pound to US Dollar GBP/USD is trading at 1.3021. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the pair Pound/Dollar. The Ichimoku Kinko Hyo Cloud test is expected near the level of 1.3020, from which one should expect an attempt to grow and develop the bullish trend for the pair GBP/USD with a target to rising near the level of 1.3190. Pound Dollar forecast GBP/USD on July 25, 2017 Earlier, a medium strength signal was obtained for buying of the pair Pound/Dollar, due to crossing of the…
Currency pair New Zealand Dollar to US Dollar NZD/USD is trading at 0.7438. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates that there is an bullish trend in the pair New Zealand Dollar/US Dollar. The NZD/USD pair is expected to fall to the level of 0.7400, from which it is expected to try to grow and develop the bullish trend for the pair NZD/USD with the target of growth near the level of 0.7490. New Zealand Dollar forecast NZD/USD on July 25, 2017 Earlier, a strong signal was received for buying of…
The currency pair USD/CHF is trading at 0.9463. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Dollar/Franc. The pair USD/CHF is expected to rise to the level of 0.9520, from which it is expected to try to fall and develop the bearish trend for the pair Dollar/Franc with the target to decrease near the level of 0.9390. Dollar Franc forecast USD/CHF on July 25, 2017 Earlier, a medium strength signal was received for the sale of the US Dollar Franc, due to the crossing of the signal lines…
Currency pair US Dollar to Canadian Dollar USD/CAD is trading at 1.2513. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a иуфкшыр trend in the pair US Dollar/Canadian Dollar. The pair USD/CAD is expected to rise to the level of 1.2590, from which it is expected to try to fall and develop the bearish trend for the pair USD/CAD with the target of reducing near the level of 1.2480. Canadian Dollar forecast USD/CAD on July 25, 2017 Previously, a strong signal was generated for the sale of the pair US Dollar/Canadian Dollar,…
Currency pair Euro to US Dollar EUR/USD is trading at 1.1635. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the pair Euro/Dollar. The EUR/USD is expected to drop to the level of 1.1590, from which one should expect an attempt of growth and development of the bullish trend with the target of growth near the level of 1.1740. Euro Dollar forex forecast EUR/USD on July 25, 2017 Earlier, a strong signal was received for buying of the Euro/Dollar pair, due to crossing of the signal lines at the…
Currency pair USD/RUB US Dollar to Russian Ruble is trading at 60.09. The pair is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in the US Dollar/Ruble. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 60.10, from which it is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 59.80. Dollar Ruble forecast USD/RUB on July 25, 2017 Earlier, a weak signal was generated for the sale of the US dollar to Russian Ruble, due to the crossing of the…