The currency pair Euro to US Dollar EUR/USD continues to trade near the local maximum area after the publication of the NON-FARM PAYROLLS. Presumably, on a pair of EUR/USD, the «Double Top» reversal pattern is formed, which indicates a drop in quotations to the area below the level of 1.1200. EUR/USD forecast Euro Dollar on July 10, 2017 It is worth waiting for an attempt to fall into the area of the lower boundary of the bullish channel. In favor of the fall will break the support line on the indicator of relative strength index (RSI). The cancellation of the…
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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 be traded within the bull model 5-0. It is necessary to expect a tight test of the lower boundary of the bullish channel, where again there will be a potential for growth of the pair Pound/Dollar. GBP/USD forecast Pound Dollar on July 10, 2017 The target of testing the model is the area above the level of 1.3080. In favor of the growth of the GBP/USD pair quotes, a support line test will be performed on the relative strength indicator. The abolition of the growth option will be a…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the formation of the «Head and Shoulders» reversal pattern. It is worth waiting for an attempt to grow the pair in the area above the level of 0.7650. AUD/USD forecast Australian Dollar on July 10, 2017 Where the formation of the right shoulder of the model is expected to end and the pair’s quotes fall into the area below the level of 0.7450. In favor of the upward correction is the test of the support line on the indicator of relative strength index (RSI). The…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continues to move within the limits of growth. At the moment, the quotes of the pair Dollar/Yen test the area of the upper boundary of the bullish channel. USD/JPY forecast Japanese Yen on July 10, 2017 An attempt is made to correct for the level of the lower border near the area of 113.40, where again we should expect the growth of USD/JPY quotes to continue. In favor of the rebound pair will perform a test of the support line on the indicator of relative strength index (RSI). Canceling…
Quotes of BRENT crude oil continue to move in line with expectations and our forecast crude oil prices. Quotes continue falling as part of the development of the reversal model of the «Head and Shoulders». It is worth waiting for an attempt to fall into the area below the level of $ 45 per barrel, where again one should expect a rebound and an increase in oil prices. Analysis and forecast crude oil prices BRENT on July 10, 2017 In favor of growth, there will be a tight test of the support line on the indicator of relative strength index…
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move within a strong fall. At the moment, the pair quotes are testing the area of 1.2870. It is worth waiting for an attempt to test the lower boundary of the bullish wave model of Wolfe, where again we should expect a rebound and growth of the pair’s quotations in the area above the level of 1.3100. USD/CAD forecast Canadian Dollar on July 10, 2017 In favor of the development of the correction of the USD/CAD pair is the test of the support area on the initiator of relative…
Gold Quotes XAU/USD continue to move in the fall. At the moment, Gold quotes are testing the area at the level of 1210. One should expect a rebound and an increase in XAU/USD quotations to the upper boundary of the bearish channel at the level of 1220, where again we should expect a further decline in gold prices. XAU/USD forecast FOREX price GOLD on July 10, 2017 In favor of the drop in quotations, a tight test of the resistance line will appear on the indicator of relative strength index (RSI). Canceling the option of lowering quotations and prices for…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move near the area of 0.7270. At the moment, there is a potential for continuing the decline in the pair’s quotations in the area below the level of 0.7150. NZD/USD forecast New Zealand Dollar on July 10, 2017 In favor of the fall of NZD/USD, a resistance line test will be performed on the indicator of relative strength index (RSI). The cancellation of the fall of the pair will result in a strong growth and breakdown at the level of 0.7380, which will indicate the continued…
Currency pair US Dollar to Swiss Franc USD/CHF continues to trade in a bearish channel. It is worth waiting for an attempt to continue correction to the upper bound of the channel well beyond 0.97, where again we should expect the pair to continue falling into the area below the level of 0.9550. USD/CHF forecast Swiss Franc on July 10, 2017 In favor of the fall of the Dollar/Franc pair will perform a tight resistance line test on the indicator of relative strength index (RSI). Cancellation of the fall of the pair USD/CHF will be a strong increase in the…
Currency pair US Dollar Ruble USD/RUB continues to move within the framework of growth. At the moment, there is a potential for falling quotations in the area below the level of 58.90 rubles per US dollar. In favor of falling quotations of the Dollar Ruble pair is the formation of a reversal pattern the «Failure Swing» on the indicator of relative strength index (RSI). USD/RUB forecast Russian Ruble on July 10, 2017 Near the lower boundary of the channel, we expect a rebound and growth of quotations of the pair in the region above the level of 61.50. In favor…