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 of Gold XAU/USD continue to develop an upward trend and are currently trading near the area of 1275. It is worth to expect an attempt of a minor correction to the area below the level of 1265, from which we should expect a rebound and continued growth in the area above 1285. Technical analysis and Forecast XAU/USD on April 12, 2017 In favor of continued growth in quotations and gold prices, A test of a broken trend line on the indicator of relative strength. Canceling the option of continuing the growth of quotations XAU/USD will break through the area…

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Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the downward channel and at the moment there is a potential for continuing the fall into the area below the level of 0.6900. In favor of falling quotes NZD/USD is the test of the downward resistance line on the indicator of relative strength. Technical analysis and Forecast NZD/USD on April 12, 2017 Canceling the option of continuing to decline the pair will be a breakdown of the area of 0.6990, indicating that the growth will continue to the area above the level of 0.7050.…

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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 channel and continuing growth in the area above the level of 1.01. Technical analysis and Forecast USD/CHF on April 12, 2017 In favor of continuing growth is the breakdown of the downward trend line on the indicator of relative strength. The cancellation of the growth of the quotations of the Dollar Franc pair will fall and the breakdown of the area is 1.0040. Important news from Switzerland,…

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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 rebound of quotations in the area below the level of 56 rubles per US dollar. In favor of the fall, a dense test of the downward trend line will appear on the indicator of relative strength. Technical analysis and Forecast USD/RUB on April 12, 2017 The cancellation of the variant of falling quotations of the Dollar Ruble pair will be a breakdown of the downward resistance line on the indicator of relative strength. In the…

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The currency pair US Dollar to Japanese Yen USD/JPY is trading at 110.605. The pair is trading below the moving average with a period of 55, indicating a bearish trend for the US dollar. At the moment, the pair’s quotations are traded near the lower border of the bands of the Bollinger Bands indicator. An attempt is being made to insignificant growth to the level of 111,000, from which one should expect an attempt to continue the fall with the first target near the level of 109.800. Bollinger Bands USD/JPY forecast April 12, 2017 The conservative sales area is located…

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The currency pair US Dollar to Swiss Franc USD/CHF is trading at 1.0073. The pair is trading above the moving average with a period of 55, indicating a bullish trend for the US Dollar Frank. At the moment, quotes of the pair test the average border of the bars of the indicator Bollinger Bands. It is worth waiting for an attempt to fall near the level of 0.0040, where again we should expect an attempt to continue growth with the first goal near the level of 1.0145. Bollinger Bands USD/CHF forecast April 12, 2017 The conservative buying area is located…

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The currency pair British Pound to US Dollar GBP/USD is trading at 1.2430. Quotes of the pair are traded below the moving average with a period of 55, indicating a bearish trend for the Pound Dollar. At the moment, quotes of the pair test the average border of the bars of the indicator Bollinger Bands. It is worth to expect an attempt at a minor correction near the level of 1.2450, where again we should expect an attempt to continue the fall with the first target near the level of 1.2340. Bollinger Bands GBP/USD forecast April 12, 2017 The conservative…

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Brent crude oil is trading at $ 56.05 per barrel. Quotations for Oil are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for Brent Oil. At the moment, Brent Oil quotes are moving near the upper boundary of the Bollinger Bands indicator bars. It is worth waiting for the test of the average border near the level of 55.50, from which one should expect an attempt to continue growth with the first goal near the level of 57.00. Bollinger Bands Brent forecast April 12, 2017 The conservative buying area is…

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The currency pair New Zealand Dollar to US Dollar NZD/USD is trading at 0.6943. The pair continues to trade below the moving average with a period of 55, indicating a bearish trend for the pair New Zealand Dollar. At the moment, the pair’s quotes are moving near the middle border of the Bollinger Bands indicator bars. It is expected to test the middle border of the Bollinger Bands indicator strip, from which it is expected to try to continue the decline with the first target near the level of 0.6890. Bollinger Bands NZD/USD forecast April 12, 2017 The conservative sales…

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The currency pair Australian Dollar to US Dollar AUD/USD is trading at the level of 0.7506. The pair is trading below the moving average with a period of 55, indicating a bearish trend for the pair Australian Dollar. At the moment, the pair’s quotes are traded near the middle border of the Bollinger Bands indicator strip. It is worth expecting an insignificant test of the average border of the bands near the level of 0.7520, where again we should expect an attempt to continue the decline with the first target near the level of 0.7445. Bollinger Bands forecast AUD/USD forecast…

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