Currency pair US Dollar to South African Rand USD/ZAR is trading at the level of 12.8818. The pair continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the pair US Dollar/South African Rand. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 12.9400, from which it is expected to attempt a fall and further development of the bearish trend for the pair US Dollar/South African Rand near the level of 12.5500. USD/ZAR forecast South African Rand on June 9, 2017 Earlier, we received a weak signal…
Author: forex24pro
Currency pair USD/CHF Dollar to Franc continues to trade as part of the correction. At the moment, the values of the indicator of relative strength index (RSI) could have broken through the bearish resistance line, indicating that the continuation of the pair’s growth into the area is above the level of 0.9750. USD/CHF technical analysis & news on June 9, 2017 An additional signal is the bullish model of the Wolfe Wave. The cancellation of the pair’s growth option will result in a fall and breakdown of the area of 0.580, which will indicate the continuation of the pair’s decline.…
Currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the growth framework. However, at the moment there is a potential for falling quotations in the framework of the development of the Wedge turntable. NZD/USD technical analysis & news on June 9, 2017 An additional signal for the fall of quotations of the pair will be the breakdown of the trend line on the indicator of relative strength index (RSI). Canceling the option of reducing the pair’s quotations will be a breakdown of the area of 0.7240, indicating that the growth will continue. Important news from New…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the 1:1 bullish pattern. It is worth waiting for an attempt to test the lower boundary of the channel and continue the growth in the area above the level of 1.36. USD/CAD technical analysis & news on June 9, 2017 In favor of the growth of quotations of the pair USD/CAD will break the trend line on the indicator of relative strength index (RSI). Cancellation of the variant growth of the pair will fall and breakdown of the area of 1.3380, indicating that the decline in quotations of…
Quotes of BRENT crude oil continue to move in line with the decline. At the moment, quotes are testing the area of $ 48.60 per barrel. It is worth waiting for an attempt of a minor correction and the continuation of the reduction of quotations BRENT in the area below the level of $ 47 per barrel. BRENT technical analysis & news on June 9, 2017 Abolition of the variant of falling quotations and oil prices will be a strong growth and breakdown of the region $ 50 per barrel, which will indicate the continued growth of oil. BRENT technical…
Currency pair US Dollar to Japanese Yen USD/JPY continue to move in the crayfish of the bull model of the Wolfe wave. The purpose of testing this model is the area above level 112.80. It is worth waiting for an attempt to test the area of 109.60 and continue the growth of quotations of USD/JPY. USD/JPY technical analysis & news on June 9, 2017 A strong signal in the continuation of the growth of the pair will be a breakdown of the trend line on the indicator of relative strength index (RSI). The cancellation of the variant of growth will…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move near the area of 0.7550. It is worth waiting for an attempt to fall quotes of the pair and return to the inside of the descending channel. In favor of the fall of AUD/USD is the formation of a reversal model Head and Shoulders on the indicator of relative strength index. AUD/USD technical analysis & news on June 9, 2017 The abolition of the decline option will be a strong growth and breakdown of the area of 0.7590, which will indicate the continued growth of the pair. Important news…
Currency pair British Pound to US Dollar GBP/USD continues to move within the descending channel. It is worth waiting for an attempt to rebound and fall of the pair’s quotations in the area below the level of 1.27. In favor of the drop is the resistance line test on the indicator of relative strength index (RSI). GBP/USD technical analysis & news on June 9, 2017 The cancellation of the GBP/USD pair decline will result in strong growth and breakdown of the 1.30 area. Expect to accelerate the fall of the pound dollar stands with the breakdown of the upward trend…
Currency pair Euro to US Dollar EUR/USD continues to be traded within the framework of the bullish channel. It is worth the fall of quotes in the region below the level of 1.1160, where the pair can again continue to rise. In favor of the growth of the euro, the test of the support line on the indicator of relative strength will perform. EUR/USD technical analysis & news on June 9, 2017 Cancellation of the growth option will fall fall and breakdown of the region 1.1140, indicating that the pair EUR/USD will continue to decline. With the breakdown of the…
Currency pair US Dollar to South African Rand USD/ZAR is trading at the level of 12.8561. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the US Dollar to South African Rand USD/ZAR. It is expected to test the bottom of the Ichimoku Kinko Hyo Cloud boundary near the level of 12.9500, from which one should expect a fall attempt and the further development of the bearish trend for the pair US Dollar/South African Rand near the level of 12.4900. USD/ZAR forecast South African Rand on June 8, 2017 Earlier,…