The currency pair Pound Dollar GBP/USD continues to move within the framework of the upward correction, but at the moment the potential for falling of the pair’s quotations in the area below the level of 1.2370 remains. GBP/USD Forecast Pound Dollar on April 13, 2017 In favor of falling quotations of the pair GBP/USD will break down the uptrend line on the indicator of relative strength. The cancellation of the fall of the pair’s quotes will result in a strong growth and breakdown of the area of 1.2560, which will indicate the breakdown of the upper border of the channel…
Author: forex24pro
The currency pair Australian Dollar to US Dollar AUD USD continues to trade in a downward trend. At the moment, quotations of the pair are repelled from the upper boundary of the descending channel and there is a potential for continuing the decline in the area below the level of 0.74. AUD/USD Forecast Australian Dollar on April 13, 2017 In favor of falling quotations of the pair will break the support line on the indicator of relative strength. The cancellation of the AUD/USD fall is likely to result in a strong breakdown of the upper boundary of the downward channel,…
Quotes of the the currency pair US Dollar to Japanese Yen USD/JPY will continue to move within the downward trend and currently trade at 109.60. It is worth waiting for an attempt to test the punched area of resistance and continue falling quotations in the area below the level of 108.50. USD/JPY Forecast Japanese Yen on April 13, 2017 In favor of continuing the decline will come back to the broken trend line on the indicator of relative strength. The cancellation of the variant of falling quotations of the Yen Dollar will be a breakdown of the area of 111.20,…
Quotes of BRENT crude oil continue to move within the upward trend and currently trade near the region of $ 56 per barrel. The potential for falling to the area below the level of $ 54 per barrel remains. In favor of falling quotes and oil prices is the breakdown of the upward trend line on the indicator of relative strength. BRENT forecast crude oil prices on April 13, 2017 Canceling the option of lowering quotations and oil prices will break through the upper boundary of the rising channel, which will indicate the continued increase in the price of oil.…
The currency pair Canadian Dollar to US Dollar USD/CAD continues to move within the lateral trend and at the moment quotes were able to test the support area. It is worth to expect an attempt to rebound and continue the growth of quotations of the pair in the area above the level of 1.34. USD/CAD Forecast Canadian Dollar on April 13, 2017 In favor of the growth of the pair USD/CAD is the test of the ascending trend line on the indicator of relative strength. Canceling the option will be a breakdown of the area 1.32. Among the important news…
Gold Quotes of the XAU/USD continue to test the area of the upper border of the upward channel at the level of 1274. At present, there is still potential for falling quotations and prices for Gold to the area below the level of 1265, where again we should expect the attempt of the jail and the continued growth of XAU/USD quotes. XAU/USD Forecast Gold on April 13, 2017 In favor of the drop, a resistance area test is performed on the relative strength indicator. In the event of breakdown of the level of 1280, it is expected to accelerate the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to fall within the descending channel and are currently trading at 0.6920. The potential remains for the NZD/USD pair to continue falling below 0.6850. NZD/USD Forecast New Zealand Dollar on April 13, 2017 In favor of falling quotations of the pair will break through the lower boundary of the Triangle model on the indicator of relative strength. The abolition of the NZD/USD lowering of the quotes will result in a strong growth and breakdown of the 0.70 area, which will indicate the continuation of the upward correction…
The currency pair US Dollar to Swiss Franc USD/CHF continues to move within the upward trend and at the moment there is a potential for a rebound from the lower border of the rising channel and continuing growth to the area above the level of 1.0120. USD/CHF Forecast Swiss Franc on April 13, 2017 In favor of continued growth in USD/CHF quotations, a dense test of the upward trend line will appear on the indicator of relative strength. Canceling the option of continuing the development of the bullish trend will break through the channel boundary engineering and fall of the…
The currency pair US Dollar to Russian Ruble USD/RUB continues to test the area below the level of 56.90 rubles per US dollar. At the moment, there is a potential for rebounding the pair’s quotes from this region and continuing growth in the area above the level of 58 rubles per US dollar. USD/RUB Forecast Dollar Ruble on April 13, 2017 In favor of developing the growth of quotations USD/RUB is the test of the ascending trend line on the indicator of relative strength. The cancellation of the variant of the growth of the pair will be the fall and…
The currency pair Chinese Yuan USD/CNH is trading at 6.8995. At the moment, the potential for a fall in the pair’s quotations to the area below the level of 6.83 remains within the framework of the beginning of the development of the descending Woolf wave model. Quotations were able to test the area of the swat area and have now returned to the inside of the bearish model. USD/CNH Forecast Chinese Yuan on April 13, 2017 In favor of falling USD/CNH quotes, a breakdown of the upward trend line will occur, indicating that it falls into the local minimum area.…