The currency pair Canadian Dollar to US Dollar USD/CAD finished the trading week at 1.3324. At the moment, the pair continues to trade within the upward channel and the potential for continuing the growth of quotations to the area above the level of 1.3550 remains. USD/CAD Forecast Canadian Dollar on April 17 — 21, 2017 In favor of the growth of the pair USD/CAD is a tight test of the upward trend line on the indicator of relative strength, as well as the test of the lower boundary of the rising channel. The cancellation of the USD/CAD pair growth option…
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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 Euro Dollar EUR/USD has completed the trading week at the level of 1.0609. The pair continues to move within the descending channel. The euro is treading the lower border of the short-term rising channel, the breakdown of this region will indicate the continuation of the decline to the level of 1.0350. EUR/USD Forecast Euro Dollar on April 17 — 21, 2017 In favor of the fall comes the bearish wave model of Wolfe, as well as the breakdown of the rising trend line on the indicator of relative strength. The cancellation of the variant of falling quotations…
The currency pair Pound Dollar GBP/USD finished the trading week at 1.2526. The pair continues to trade within the framework of the Triangle model and at the moment the quotations are repelled from the upper limit of the model. The potential for continued falling of quotations in the area of the lower boundary of the model at the level of 1.21 is preserved. GBP/USD Forecast Pound Dollar on April 17 — 21, 2017 In favor of the fall of the pound-dollar pair is a tight test of the downward trend line on the indicator of relative strength. With the breakdown…
The currency pair Dollar Ruble USD/RUB finished the trading week at the level of 56.22 rubles to the US dollar. The pair continues to trade in a downward trend and at the moment it is worth waiting for an attempt to test the local minimum area. USD/RUB Forecast Dollar Ruble on April 17 — 21, 2017 In favor of the rebound of quotations in the area above the level of 59 rubles, the US dollar is favored by the formation of the forex model of the Wedge, as well as the bullish wave model of Wolf. An additional signal in…
The currency pair Australian Dollar to US Dollar AUD/USD continues to test the resistance area near the level of 0.7580. At the moment, we should expect the continuation of the decline in the area below the level of 0.7520. AUD/USD Forecast Australian Dollar on April 17, 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 0.7610, which will indicate the continued growth of the pair. Expect the acceleration of falling quotes of the pair is with the breakdown of the level of 0.7540. Important…
The currency pair Pound to Dollar GBP/USD continues to move within the upward 5-0 model and at the moment there is still potential for falling of quotes of the pair in the area below the level of 1.2430, where we can expect a rebound attempt upwards. GBP/USD Forecast Pound Dollar on April 17, 2017 In favor of the fall is the formation of the reversal Forex Head and Shoulders models, which indicates a drop already from the current levels. The cancellation of the option will be the breakdown of the region of 1.2570, which will indicate the continued growth of…
The currency pair Euro Dollar EUR/USD continues to trade within a downward trend and at the moment quotations are testing the area of 1.0625. The pair was able to show a rebound from the upper border of the bearish model 5-0 and expect an attempt to continue the decline in the area below the damage of 1.0520. EUR/USD Forecast Euro Dollar on April 17, 2017 In favor of the fall, the formation of the head and shoulders reversal model will be completed. The cancellation of the variant of falling quotations of the euro dollar will be a strong growth and…
Quotes of Gold XAU USD continue to move within the upward trend and at the moment quotes are testing the local maximum area. At this point, we should expect a rebound and a drop in quotations to the lower boundary of the rising channel at 1282, from which we should expect a continuation of the price increase for Gold. XAU/USD Forecast Forex Gold on April 17, 2017 In favor of continuing the development of the upward trend, a tight test of the support line on the indicator of relative strength will perform. XAU/USD Forecast Forex Gold on April 17, 2017…
The currency pair is the Canadian dollar to US dollar USD/CAD continues to move within the limits of growth and at the moment the pair quotes were able to break the upper boundary of the downward channel, which indicates the continuation of growth in the area above the level of 1.3370. USD/CAD Forecast Canadian Dollar on April 17, 2017 In favor of a rebound in the USD/CAD pair, a dense test of the broken trend line will appear on the indicator of relative strength. The cancellation of the variant of growth of quotations of the pair will be the fall…
Quotes of BRENT oil continue to move within the upward trend and currently test the area at $ 56 per barrel. It is worth waiting for an attempt to fall as part of the start of the development of the head and shoulders reversal model with the aim of reducing below $ 54 per barrel. BRENT forecast of oil prices on April 17, 2017 In favor of the fall is the breakdown of the ascending trend line on the indicator of relative strength, as well as the exit of quotations beyond the lower boundary of the rising channel. Abolition of…