The currency pair US Dollar to Polish Zloty USD/PLN is trading at 4.0008. The pair is testing the resistance area and, at the moment, the potential for a downward and downward trend to continue with a potential reduction target near the area remains. 3.94. Technical analysis and forecast USD/PLN on April 13, 2017 In favor of the fall is the formation of the forex model of the Wolf wave, the abolition of the decline option will be a strong growth and breakdown of the region 4.02, which will indicate the continued growth of USD/PLN. Expect the acceleration of falling quotations…
Author: forex24pro
The currency pair Euro to Canadian Dollar EUR/CAD is trading at 1.4146. The pair tears the region of the lower boundary of the ascending wave model of Wolf. The target of working out this model is the area at the level above 1.4360. Technical analysis and forecast EUR/CAD on April 13, 2017 Cancellation of the variant of the growth of quotations of the Euro Canadian Dollar EUR/CAD will break through the area of 1.4080, which will indicate the continued decline in the pair’s quotes. Expect to accelerate the growth of the pair is with the breakdown of the downward trend…
The currency pair Euro to Australian Dollar EUR/AUD is trading at 1.4150. At the moment, the pair is testing the area of the right shoulder of the head and shoulders reversal pattern and at the moment the potential for falling of the pair’s quotes to the area below the level of 1.4050 remains. Technical analysis and forecast EUR/AUD on April 12, 2017 With the breakdown of the area of the Neck line, it is expected to accelerate the fall in the quotes of the EUR/AUD pair. The overall goal of the decline is entering the area at a level below…
The currency pair British Pound to Japanese Yen GBP/JPY is trading at 137.10. At the moment, there is a potential for continuing the growth of quotations of the pair Pound Yen in the area above the level of 140. In favor of growth is the completion of the formation of the bull model of the Wolf wave. Technical analysis and forecast GBP/JPY on April 12, 2017 An additional signal will be a breakdown of the downward trend line on the relative strength indicator, indicating that the GBP/JPY growth continues above the area of 138.50. The abolition of the growth option…
The currency pair Euro Dollar EUR/USD went into the development of the upward correction and at the moment the quotations of the pair are traded at the level of 1.0605. However, the potential for continuing the fall of quotations of the euro dollar to the area below the level of 1.0560 remains. In favor of the fall is a tight test of the upper boundary of the descending channel. Technical analysis and Forecast EUR/USD on April 12, 2017 An additional signal will be a breakdown of the upward trend line on the indicator of relative strength, which will indicate the…
The currency pair Pound Dollar GBP/USD went into the development of an upward correction and is currently trading near the area of 1.2490. At the moment, the potential for continuing the growth of quotations of the pound dollar to the area above the level of 1.2520 remains. Whence it is necessary to expect attempt of falling of pound in area below level 1.2430. Technical analysis and Forecast GBP/USD on April 12, 2017 In favor of the drop, a down-line resistance test will be performed on the relative strength indicator. The cancellation of the option can be a strong growth and…
The currency pair Australian Dollar to US Dollar AUD/USD continues to move in a downward trend and is currently trading near the area of 0.7490. There is a potential for continuing the fall below the level of 0.74 within the rebound from the upper boundary of the descending channel. Technical analysis and Forecast AUD/USD on April 12, 2017 In favor of falling quotations of the Australian dollar is the test of the trend line on the indicator of relative strength. The cancellation of the AUD/USD fall will result in a strong growth and breakdown of the 0.7540 area, which will…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within expectations, and currently the pair is trading below the support area at 109.65. It is expected to continue falling to the area below the level of 108.50. Technical analysis and Forecast USD/JPY on April 12, 2017 In favor of the fall comes the breakdown of the upward support line on the relative strength indicator, which indicates that the pair USD/JPY continues to fall below the local minimum level. The cancellation of the option could be the strong growth of the Yen Dollar pair above the…
Quotes of BRENT crude oil continue to move within a strong upward trend and currently trade above the level of $ 56 per barrel. The potential for continuing the growth of quotations in the region of $ 57 per barrel is maintained, in favor of growth is the support line test on the indicator of relative strength. BRENT forecast crude oil prices on April 12, 2017 The cancellation of the option will be the breakdown of this line, which will indicate the completion of the growth and the beginning of the fall in quotations and oil prices in the region…
The currency pair US Dollar to Canadian dollar USD/CAD continues to test the support area at 1.3335. At the moment, there is the potential for the pair to continue to grow in the area above 1.3450. In favor of a rebound attempt is a breakdown of the downward trend line on the indicator of relative strength, as well as a tight test of the lower boundary of the rising channel. Technical analysis and Forecast USD/CAD on April 12, 2017 The cancellation of the growth of USD/CAD quotations will be the fall and breakdown of the area of 1.2980, which will…