Currency pair USD/CHF Dollar/Franc continues to be traded within the framework of the bullish model of Wolfe wave. It is worth waiting for an attempt to rebound and grow a pair with a potential target above the level of 0.98. USD/CHF technical analysis & forecast on July 26, 2017 In favor of the growth of the Dollar/Franc pair 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 at the level of 0.94, indicating that the pair continues to decline. Important news from Switzerland,…
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.
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the rising channel. It is worth waiting for an attempt to lower to the area below the level of 0.7340 and then continue the growth of the pair above the level of 0.75. NZD/USD technical analysis & forecast on July 26, 2017 In favor of the growth of the pair NZD/USD, there will be a tight test of the trend line on the indicator of relative strength index (RSI). Cancellation of the growth option for the NZD/USD pair will trigger a breakdown at the…
Quotes Gold XAU/USD continue to move near the local maximum area. At the moment, quotations and Gold prices are testing the area of the upper boundary of the downside model 5-0. It is worth expecting a rebound and a fall in quotations of XAU/USD below the level of 1230. XAU/USD technical analysis & forecast on July 26, 2017 In favor of the fall, a trendline test will be performed on the indicator of relative strength index (RSI). The cancellation of the option of reducing the price of gold will be a breakdown at level 1265, which will indicate continued growth.…
The pair Canadian Dollar to US Dollar USD/CAD continues to move in the downward channel. It is worth expecting a tight test of the upper boundary of the bearish channel and then continuing the fall below the level of 1.2450. USD/CAD technical analysis & forecast on July 26, 2017 In favor of the fall of the pair USD/CAD will test the resistance line on the indicator of relative strength index (RSI). The abolition of the pair’s decline will be strong growth and breakdown at 1.2590, which will indicate continued growth. Important news from Canada is not expected, so the pair…
Quotes of BRENT oil continue to move within the framework of the bearish Wolfe wave model. It is worth waiting for an attempt to increase in the area of 49.50 and further continue the decline in the area below the level of $ 45 per barrel. BRENT oil technical analysis & forecast on July 26, 2017 In favor of falling quotations and oil prices will perform a tight test of the trend line on the indicator of relative strength. Abolition of the variant of falling oil prices will be a breakdown of level 52, which indicates the continued growth. BRENT…
Quotes of the USD/JPY Dollar/Yen continue to move near the area of 111.20. At the moment, the quotations of the pair are testing the lower limit of the bullish model 5-0. It is expected to rebound and the pair’s growth of the Yen Dollar is above the level of 113.80. USD/JPY technical analysis & forecast on July 26, 2017 In favor of the growth of the pair is the test of the support line on the indicator of relative strength index (RSI). The abolition of the growth option will be a fall and breakdown of the level of 110.00. Important…
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…
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…