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 to expect an attempt of a minor correction in the area above the level of 0.7630 and continuation of the pair’s decline below the level of 0.7450. AUD/USD forecast & technical analysis on July 12, 2017 In favor of falling quotations of the Australian Dollar will perform a test of the resistance line on the indicator of relative strength. Canceling the option of reducing the pair will be a strong increase in 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.
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move outside the Triangle model. At this point, we should expect an attempt to correct the pair’s quotations in the lower boundary area and continue to rise above the level of 116.00. USD/JPY forecast & technical analysis on July 12, 2017 In favor of growth, a breakdown of resistance will be made on the indicator of relative strength index (RSI). Canceling the option of continuing the growth of the pair Dollar/Yen will fall and breakdown at 113.00, indicating that the pair continues to decline. Important news from…
Quotes of BRENT crude oil continue to move within the descending channel. It is worth waiting for an attempt to test the upper border of the channel and continue the decline in quotations and oil prices in the area below the level of 45. Technical analysis & forecast crude oil on July 12, 2017 In favor of the drop, a dense test of the trend line will appear on the indicator of relative strength index (RSI). The abolition of the reduction option will be a level 48 breakdown, which will indicate the continued growth of BRENT. With the breakdown of…
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the development of the bullish model of the Wolfe wave. The growth target is the area at 1.31. In favor of growth of quotations of the pair USD/CAD is the breakdown of the downward trend line on the indicator of relative strength index (RSI). USD/CAD forecast & technical analysis on July 12, 2017 Cancellation of the growth option will be a fall and breakdown at the level of 1.28, indicating that the pair will continue to decline. Expect to accelerate the growth of the pair…
Quotes Gold XAU/USD continue to move in the fall. At the moment, we should expect an attempt to correct the quotations and prices for GOLD in the area above the level of 1225. Near the upper border of the channel, we again expect a rebound and a drop in Gold quotations below the level of 1195. XAU/USD forecast & technical analysis GOLD on July 12, 2017 In favor of the fall of XAU/USD, a dense test of the trend line on the indicator of relative strength index (RSI). The cancellation of the option of lowering Gold quotations will be followed…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move in line with expectations and our NZD/USD forecast. At the moment, we should expect an attempt to break the support area at the level of 0.7150 and continue the decline in the area below the level of 0.7080. NZD/USD forecast & technical analysis on July 12, 2017 The cancellation of the option will be a strong growth and a breakdown at the level of 0.7350, in which case we should expect the pair to continue growing. Important news from New Zealand, which may have an…
Currency pair US Dollar to Swiss Franc USD/CHF continues to trade as part of the formation of the reversal pattern «Double Bottom». It is expected to continue the growth of quotations of the pair in the area above the level of 0.9770. USD/CHF forecast & technical analysis on July 12, 2017 In favor of the growth of the pair USD/CHF is the breakdown of the resistance line on the indicator of relative strength index (RSI). The cancellation of the pair’s growth option will result in a fall and breakdown of the level of 0.95, which will indicate the continuation of…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the framework of growth. At this point, we should expect an attempt to test the lower border of the channel and continue the growth of quotations of the pair above the level of 61.50. In favor of the growth of the dollar against the ruble, a test of the support line on the indicator of relative strength index (RSI) will perform. USD/RUB forecast & technical analysis on July 12, 2017 Cancellation of the growth option will drop the breakdown of level 60, which indicates continuation of the correction…
The currency pair Euro to US Dollar EUR/USD continues to be traded within the framework of the formation of the reversal model «Double Top». It is worth waiting for an attempt to drop the quotes below the level of 1.13. In favor of the fall will break through the «Triangle» model. EUR/USD forecast & analysis Euro Dollar on July 12, 2017 By abolishing the option of lowering the quotations of the euro, the dollar will be a breakdown at the level of 1.1470, which will indicate the continued growth of the EUR/USD pair. Expect the acceleration of the fall of…
Zcash ZEC/USD is trading at the level of 169.80. Cryptocurrency continues to trade below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of a bearish trend for Zcash. The price of ZEC/USD is expected to rise to 215.00, from which it is expected to try to fall and develop a bearish trend in the cryptocurrency to reduce near the level of 95.00. Zcash ZEC/USD prediction & analysis on July 12, 2017 Earlier, a strong signal was received for sales of the Zcash cryptocurrency, due to the crossing of the signal lines at the level of…