The currency pair US Dollar to Russian Ruble USD/RUB continues to move within the downward trend and at the moment there is a potential for testing the local minimum area as part of the completion of the forex formation of the Wedge model. Near the level of 55.70 rubles per US dollar, we should expect a rebound and the pair’s quotations begin to rise in the area above the level of 57 rubles per US dollar. USD/RUB Forecast Dollar Ruble on April 18, 2017 In favor of growth, there will be a tight test of the support line on 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 US Dollar to Swiss Franc USD/CHF continues to move within the upward channel and at the moment there is the potential for a tight test of the lower border of the rising channel and the continuation of growth in the area above the level of 1.0140. In favor of the growth of quotations of the Dollar Franc pair is the formation of a bullish wave model of Wolf. The cancellation will be the fall and breakdown of the area 0.9950, which will indicate the continuation of the decline. USD/CHF Forecast Swiss Franc on April 18, 2017 Important…
Quotations of the currency pair New Zealand Dollar against the US Dollar NZD/USD continue to be traded within the framework of the upward correction and at the moment there is still potential for a dense test of the area of 0.7025, where it is expected to fall as part of the start of the development of the head and shoulders reversal pattern on the relative strength indicator. The cancellation of the fall of the pair’s quotes will result in a strong growth and breakdown of the 0.7050 area, which will indicate the continued growth of NZD/USD. NZD/USD Forecast New Zealand…
Quotes of Gold XAU/USD continue to move in the upward trend and at the moment there is still potential for continuing growth in the area above the level of 1300. In favor of the growth of quotations and prices for Gold, a tight test of the support line on the indicator of relative strength, as well as a test of the lower boundary of the uplink. XAU/USD Forecast GOLD prices on April 18, 2017 Canceling the option of continuing the growth of quotations XAU/USD will be a breakdown of the area of 1285, which indicates the continuation of the decline…
The currency pair Canadian Dollar to US Dollar USD/CAD continues to move within the framework of a downward correction. At the moment, you should expect a rebound in the area above the level of 1.3365. In favor of the growth of quotations of the pair USD/CAD will perform a tight test of the upward support line on the indicator of relative strength. Expect to accelerate the growth of quotations is with the breakdown of the area of 1.3340. The cancellation of the pair growth option will result in a fall and breakdown of the 1.3220 area. USD/CAD Forecast Canadian Dollar…
Quotes of BRENT oil continue to move near the region of $ 56 per barrel and at the moment there is still potential for falling quotes as part of the start of the development of the reversal Forex Head and Shoulders model with the potential target of a decline of $ 54 per barrel. In favor of the fall, a dense test of the downward trend line will appear on the indicator of relative strength. Abolition of the variant of falling quotations and oil prices will be a strong growth and breakdown of the region of 56.50 dollars per barrel,…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the downward trend and at the moment there is still potential for the pair of Yen Dollar pair to fall below 107.50. In favor of the fall is a tight test of the upper boundary of the downward channel, as well as a test of the resistance line on the indicator of relative strength. The cancellation of the option will be a strong growth and breakdown of the region 108.60, which will indicate the continued growth of the pair. USD/JPY Forecast Japanese Yen on April…
The currency pair Australian Dollar to US Dollar AUD/USD continues to trade near the area of 0.7588. At the moment, there is the potential for updating the local maximum area and the beginning of the fall of the pair’s quotations to the area below the level of 0.7540 as part of the development of the bearish wave model of Wolf. The cancellation of the fall of the pair quotes will result in the breakdown of the area of 0.7620, which will indicate the continued growth of quotations AUD/USD. Expect to accelerate the decline of the pair is with the breakdown…
The currency pair Pound to US Dollar GBP/USD continues to be traded within the downward channel and at the moment there is still potential for falling of quotations in the area below the level of 1.24. In favor of the decline is the formation of a reversal Forex model The failed swing on the indicator of relative strength, which indicates the breakdown of the 1.25 area by closing prices. The cancellation of the variant of falling quotations of the pound-dollar pair will be the breakdown of the area of 1.26 and the increase in the values of the relative strength…
The currency pair Euro Dollar EUR/USD continues to trade in a downward trend and at the moment quotes are testing the area of the upper border of the downlink at the level of 1.0625. The potential for falling quotations in the area below the level of 1.0550 is preserved. In favor of the decline is the formation of the reversal Forex Head and Shoulders models, as well as the downward resistance line test on the relative strength indicator. Expect to accelerate the fall in quotations Euro Dollar is worth a breakdown of the neck line and closing the pair below…