The currency pair Australian dollar to US dollar AUD/USD finished the trading week at the level of 0.7499. The pair continues to move within the framework of the Forex Triangle model and at the moment the potential for continuing the fall of quotations in the area below the level of 0.72 remains. AUD/USD Forecast Australian Dollar on April 10 — 14, 2017 In favor of the fall is the breakdown of the upward trend line on the indicator of relative strength, as well as the formation of the reversal model Double top. Expect to accelerate the fall in quotations AUD/USD…
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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 Canadian dollar to US dollar USD/CAD has finished the trading week at the level of 1.3404. The pair continues to move within the upward trend and at the moment there is still a potential for continuing growth in the area above the level of 1.3550. USD/CAD Forecast Canadian Dollar on April 10 — 14, 2017 In favor of the continuation of the bullish trend is the test of the trend line on the indicator of relative strength. Cancellation of the variant of growth of quotations of the pair the Canadian dollar will be the breakdown of the…
Quotations of the currency pair US Dollar to Japanese Yen USD/JPY completed the trading week at 111.04. The pair is pushing away from the support area and at the moment there is still a potential for continuing growth above the 112.50 area as part of the development of the reversal model. The failed swing on the relative strength indicator. USD/JPY Forecast Japanese Yen on April 10 — 14, 2017 At the time of the downward trend test on the RSI indicator, one should expect an attempt to continue the fall of the Yen Dollar pair quotations in the area below…
Quotes of Gold XAU/USD completed the trading week at 1253. Gold continues to move within the descending channel and at the moment a tight test of the upper border of the channel took place. It is worth waiting for an attempt to rebound and continue the decline in the area below the level of 1205. XAU/USD Forecast Gold price on April 10 — 14, 2017 In favor of the fall is also the formation of the reversal Forex model Double top with the potential target of working below the area of 1185. Expect the acceleration of the fall in quotes…
Quotations of the currency pair New Zealand dollar to US dollar NZD/USD completed the trading week at 0.6930. At the moment, the pair’s quotations continue to move within the descending channel and there is a potential for falling to the area below the level of 0.68. In favor of the drop in NZD/USD quotations, there is a rebound from the descending line of the trend, which also indicates a bearish tendency for the pair. NZD/USD Forecast on April 10 — 14, 2017 The cancellation of the option can be a strong growth above the level of 0.7070, which indicates that…
The currency pair US Dollar to Swiss Franc USD/CHF finished the trading week at 1.0088. At the moment, the pair’s quotes were able to break the upper limit of the descending channel, which indicates a potential continuation of the growth of quotations. In favor of the development of the bullish trend is the breakdown of the downward resistance line on the indicator of relative strength. USD/CHF Forecast Swiss Franc on April 10 — 14, 2017 The cancellation of the growth of the Dollar Frank quotes will result in a fall and breakout of the area of 0.9970, which will indicate…
The currency pair US Dollar Ruble USD/RUB finished the trading week at the level of 57.04 rubles per US dollar. It is worth waiting for an attempt to grow the pair in the area above the level of 60 rubles per dollar. In favor of continuing the growth of quotations USD/RUB will breakdown the downward resistance line on the indicator of relative strength. USD/RUB Forecast Dollar Ruble on April 10 — 14, 2017 With the breakdown of the upper boundary of the descending channel, it is expected to complete the fall of the pair and continue growth in the area…
The currency pair Euro Dollar EUR/USD completes the trading week at the level of 1.0616. Quotations of the pair broke through the moving average with a period of 55 and traded below its level, which indicates the presence of a bearish trend for the euro dollar. At the moment, the pair’s quotes started moving between the moving average with a period of 55 and the lower boundary of the Bollinger Bands indicator bars. It is worth waiting for an attempt to test the average border of the indicator bars and a breakdown of the moving average with a period of…
The currency pair US Dollar to Canadian Dollar USD/CAD completes the trading week at 1.3387. Quotes of the pair are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for the pair US Dollar Canadian 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 to fall and test the moving average with a period of 55 near the level of 1.3310, where again we should expect an attempt to continue growth with the…
The currency pair Australian Dollar to US dollar AUD/USD completes the trading week at the level of 0.7517. 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, quotes of the pair test the lower boundary of the bands of the Bollinger Bands indicator. It is worth waiting for an attempt to grow and test the moving average with a period of 55 near the level of 0.7590, where again we should expect an attempt to continue the decline with the first goal near the…