The currency pair Pound to Dollar GBP/USD continues to decline and is currently trading near the area of 1.2390. It is worth waiting for the attempt to continue falling quotations of the pair pound dollar in the area below the level of 1.23. GBP/USD Forecast British Pound on April 11, 2017 In favor of the fall, the downward trend line test comes on the indicator of relative strength. Cancel the margin of the fall of the GBP/USD pair’s quotations will be strong growth and breakdown of the area of 1.2450. Expect to accelerate the fall of the pound with a…
Author: forex24pro
The currency pair Euro Dollar EUR/USD continues to fall and at the moment the pair’s quotations are traded near the area of 1.0580. There is a potential for continuing the development of the downward trend with a view to falling below the area of 1.0480. EUR/USD Forecast Euro Dollar on April 11, 2017 In favor of falling from current levels is the downward resistance line test on the relative strength indicator. Abolishing the variant of falling of quotations of euro the dollar becomes breakdown of the top border of the descending channel and closing above area 1.0635. Among the important…
The currency pair is the Canadian Dollar to the US dollar USD/CAD continues to move within the upward trend and at the moment there is still potential for continuing growth. In favor of the pair’s quotes rebound, a dense test of the ascending trend line will appear on the indicator of relative strength. USD/CAD Forecast Canadian Dollar on April 11, 2017 The growth target is the area at the level above 1.3470. The cancellation of the USD/CAD growth option will be the fall and breakdown of the 1.3320 area, which will indicate the continuation of the decline to the area…
Quotes of BRENT crude oil continue to move within a strong upward correction and are currently testing an area of $ 55.76 per barrel. However, there remains a potential for falling quotations and oil prices in the mouth below the level of $ 54 per barrel. BRENT crude oil price Forecast on April 11, 2017 In favor of falling quotations BRENT will breakdown the upward trend line on the indicator of relative strength. The cancellation of the variant of falling quotations will be the breakdown of the local maximum area, which will indicate the continued growth of oil. BRENT crude…
Quotations of the currency pair US Dollar to Japanese Yen USD/JPY test the resistance area near the level of 111.25. It is worth waiting for an attempt to fall into the area below the level of 110.40. In favor of the fall comes a rebound from the upper boundary of the Triangle model on the indicator of relative strength. USD/JPY Forecast Japanese Yen on April 11, 2017 The cancellation of the variant of falling of the pair of Yen Dollar pair will be a breakdown of the region of 111.60, which will indicate the continued growth of the area above…
The currency pair US Dollar to Swiss Franc USD/CHF continues to move within the upward trend and at the moment the pair is testing the area of 1.0096. It is necessary to expect the continuation of growth in the area above the level of 1.0150. USD/CHF Forecast Swiss Franc on April 11, 2017 In favor of the continuation of the bullish trend is a rebound from the broken resistance line on the indicator of relative strength. The cancellation of the growth of the USD/CHF pair quotations will result in a fall and breakdown of the 1.0020 area, which will indicate…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the downward channel and are currently traded near the area of 0.6943. The potential for a fall in the pair’s quotes remains below the level of 0.6880. NZD/USD Forecast New Zealand Dollar on April 11, 2017 In favor of the fall of NZD/USD, there will be a tight test of the downward trend line on the indicator of relative strength. The cancellation of the fall of the pair quotations will cause a strong growth and breakdown of the 0.70 area, which will indicate the…
Quotes of Gold XAU/USD continue to move in the side trend. At the moment, there is a potential for falling quotations and prices for Gold in the area below the level of 1240. In favor of the decline is the formation of a downward wave model of Wolf. XAU/USD Forecast Gold on April 11, 2017 Expect to accelerate the fall of quotations XAU/USD stands with a breakdown of the support line on the indicator of relative strength. We should not exclude the attempt to increase quotations in the 1260 area as part of the completion of the head and shoulders…
The currency pair US Dollar to Ruble USD/RUB continues the development of the upward correction and at the moment the quotes of the pair test the area of 57.30 rubles for the US dollar. It is worth waiting for an attempt to continue the growth of the Dollar Ruble pair in the region above the level of 59 rubles. USD/RUB Forecast Dollar Ruble on April 11, 2017 In favor of the growth of the US dollar will perform a tight test of the broken resistance line on the indicator of relative strength. Cancellation of the variant of growth of quotations…
Quotations of the currency pair Canadian Dollar to Swiss Franc CAD/CHF continue to trade at 1.0057. At the moment, the potential remains for the pair to continue to fall below 0.705 as part of the start-up of the downward Woolf wave model. However, to complete the model, it is important to see the test area of 0.7565, from which it is expected to fall. CAD/CHF Technical Analysis on April 10, 2017 In favor of the decline in quotations CAD/CHF is the formation of the reversal model Head and shoulders on the indicator of relative strength. The cancellation of the fall…