Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continued to decline and at the moment are trading in the 110.60 area. At the moment, the potential for a fall in the pair’s quotations to the area below the 109.50 level remains. In favor of the fall, a dense test of the downward trend line will appear on the indicator of relative strength. USD/JPY Forecast Japanese Yen on April 10, 2017 The cancellation of the fall of the pair of Yen Dollar pair quotations will result in a strong growth and breakdown of the area of 111.10, which…
Author: forex24pro
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 BRENT crude oil continue to move within the growth and currently test the area of 55.60 dollars per barrel. Bulls on oil were able to update the local maximum area, but at the moment there is still potential for falling quotations in the area below the level of $ 54 per barrel as part of the development of the head and shoulders reversal model on the relative strength indicator. The abolition of the option will be a breakdown of the region $ 56 per barrel, which will indicate the continued growth in oil prices. BRENT forecast crude oil…
The currency pair Canadian dollar to US dollar USD/CAD continues to develop correction and is currently trading near the area of 1.3393. The pair tests the lower limit of the Triangle model, it is worth waiting for a rebound attempt and continuing the growth to the upper boundary area. USD/CAD Forecast Canadian Dollar on April 10, 2017 With the breakdown of the upper limit of the Triangle model and the closing of quotes above the 1.3450 area, one should expect the pair to accelerate in the area above the 1.35 level. In favor of growth, there will be a tight…
Quotes Gold XAU/USD were able to show strong growth and pierced the area of the upper boundary of the Triangle model. At the moment, the quotes are traded at the level of 1264. It is worth to expect an attempt to fall below 1255, in favor of the decline in gold prices is the test of the downward trend line on the indicator of relative strength. XAU/USD Forex Forecast Gold on April 10, 2017 Canceling the option will update the local maximum area, which indicates the continued growth in the Triangle model. XAU/USD Forex Forecast Gold on April 10, 2017…
The currency pair Euro Dollar EUR/USD continues to fall and at the moment the pair’s quotations are traded at the level of 1.0635. It is expected to continue the decline in the euro dollar in the area below the level of 1.0560. In favor of accelerating the fall, a breakdown of the support line on the relative strength indicator will occur, and expect the beginning of the fall is at the time of the downward trend test on the RSI indicator. EUR/USD Forecast Euro Dollar on April 10, 2017 The cancellation of the option will be a strong growth and…
The currency pair British Pound to US Dollar GBP/USD left the Triangle and is now trading below the model boundary near level 1.2418. It is worth waiting for an attempt to test the breached model boundary and continue the decline in the area below the level of 1.23. In favor of falling quotes of the pound-dollar pair, a breakdown of the support line on the indicator of relative strength will come out. GBP/USD Forecast Pound Dollar on April 10, 2017 The cancellation of the GBP/USD decline option will result in a strong growth and breakdown of the region of 1.2550,…
The currency pair Australian Dollar to US Dollar AUD/USD continues to decline and is currently trading near the 0.7523 area. We continue to hold sales of the pair with a close stop-loss and are ready to increase sales as the AUD/USD quotes forex fall. In favor of continuing the decline of the pair is a rebound from the descending line of resistance on the indicator of relative strength, indicating a short-term bearish trend in the pair. AUD/USD Forecast Australian Dollar on April 10, 2017 The immediate goal of the decline is the area at a level below 0.7480. The cancellation…
Trading signals EUR/USD on April 7, 2017 Sale from the level of 1.0697, StopLoss set for 1.0720, the goal of the decline is 1.0500. Trading signals British Pound GBP/USD on April 7, 2017 Sale at the current price (1.2456), StopLoss is set for 1.2510, the target of the decline is 1.2250. Trading signals New Zealand Dollar NZD/USD on April 7, 2017 Purchase at the current price (0.6967), StopLoss set for 0.6930, the target of growth is 0.7020.
The currency pair US Dollar to Canadian dollar USD/CAD is trading at 1.3410. 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 1.3390, where again we should expect an attempt to continue growth with the first goal…
The currency pair Euro Dollar EUR/USD is trading at 1.0648. Quotes of the pair continue to trade below the moving average with a period of 55, indicating a bearish trend for the euro 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 test the average border of the indicator bars near the level of 1.0670, where again we should expect an attempt to continue falling with the first goal near the level of 1.0550. Bollinger Bands EUR/USD Forecast on April 7,…