Author: 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 Oil WTI is trading at 50.08. Oil moves below the level of the moving average with a period of 55, indicating a bearish trend for WTI Oil. At the moment, oil quotes are moving towards the middle border of the Bollinger Bands indicator bars. It is expected to test the average border of the indicator bars, where again we should expect an attempt to continue falling with the first target near the level of 48.60. Bollinger Bands forecast WTI on April 25, 2017 The conservative sales area is located near the upper boundary of the Bollinger Bands indicator strip…

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The currency pair US Dollar to Russian Ruble USD/RUB continues movement within the forex model Wedge. It is worth to expect a fall in quotations in the area below the level of 55.30 rubles per US dollar and the start of the pair’s rebound to the upper boundary of the Forex model Wedge. USD/RUB Forecast Dollar Ruble on April 25, 2017 In favor of the growth of quotations of the Dollar Ruble pair will perform a tight test of the support line on the indicator of relative strength. Expect to accelerate the growth of the pair is with the breakdown…

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The currency pair Euro to Dollar EUR/USD continued its growth development and at the moment quotations are traded near the area of 1.0855. It is worth waiting for an attempt to fall into the area below the level of 1.0760 within the rebound from the resistance area on the indicator of relative strength. EUR/USD Forecast Euro Dollar on April 25, 2017 Near the level of 1.0760, we should expect an attempt to grow into the local maximum area. By canceling the variant of growth of quotations of the euro, the dollar will become a breakdown of the upward trend line…

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The currency pair Pound to Dollar GBP/USD continues to trade near the local maximum level. At the moment, there is the potential for continuing growth in the upper boundary of the rising channel, from which it is expected to fall quotations of the pound dollar in the area below the level of 1.2640. GBP/USD Forecast Pound Dollar on April 25, 2017 In favor of the fall will form a reversal Forex Head and Shoulder models on the indicator of relative strength. The cancellation of the fall of the GBP/USD pair will result in a strong growth and breakdown of the…

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Currency Pair Australian Dollar against US Dollar AUD/USD continues to trade near the resistance area at 0.7568. It is worth waiting for an attempt to grow into the area of 0.76 and the beginning of the decline. AUD/USD Forecast Australian Dollar on April 25, 2017 The cancellation of the fall in the quotations of the AUD/USD pair will result in a strong growth and breakdown of the area of 0.7645, which will indicate that the pair’s quotations continue to grow. In favor of the fall of the Australian Dollar will come a close test of the downward trend line on…

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Quotations of the currency pair US Dollar to Japanese Yen USD/JPY continued their growth and are currently testing the upper limit of the descending channel. It is expected to rebound and fall the pair in the area below the level of 109. USD/JPY Forecast Japanese Yen on April 25, 2017 In favor of the decline is a tight test of the resistance area on the indicator of relative strength. Expect the acceleration of the fall is with the breakdown of the upward trend line on the indicator of relative strength. The cancellation of the fall of the pair of Yen…

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Quotes of BRENT crude oil continue to move within the downward trend and at the moment there is still potential for continuing the decline in the area below the level of $ 50 per barrel. BRENT Forecast crude oil prices on April 25, 2017 In favor of the fall, a dense test of the upper boundary of the descending channel will perform, as well as a test of the trend line on the indicator of relative strength. The cancellation of the variant of falling quotes and prices for oil will be a strong growth and breakdown of the area of…

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The currency pair Canadian dollar to US dollar USD/CAD continues to move within the upward trend and at the moment quotes are testing the lower boundary of the rising channel. It is expected to rebound and continued growth of the Canadian Dollar in the area above the level of 1.3550. USD/CAD Forecast Canadian Dollar on April 25, 2017 In favor of growth is the test of the support area on the price chart. The cancellation of the USD/CAD pair growth option will be the fall and breakdown of the 1.34 area, which indicates that the pair’s quotations continue to decline.…

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Quotes of Gold XAU/USD continue to move within the upward trend, but at the moment, the values of the relative strength indicator have broken through the uptrend line. XAU/USD Forecast Forex GOLD price on April 25, 2017 It is worth to expect an attempt of minor correction of quotations and prices for Gold in the region above the level of 1280 and the beginning of falling into the support area at the level of 1257. The cancellation of the variant of falling prices for Gold will be a strong growth and breakdown of the area of 1290, which will indicate…

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Quotations of the currency pair New Zealand Dollar against the US Dollar NZD/USD continue to be traded near the resistance area and at the moment there is a potential for rebound and fall of quotations in the area below the level of 0.6950. In favor of the drop in NZD/USD, a tight test of the downward resistance line will perform on the indicator of relative strength. NZD/USD Forecast New Zealand Dollar on April 25, 2017 Important news from New Zealand, which may have an impact on the NZD/USD exchange rate, is not expected, so the pair will continue to move…

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