The currency pair Euro Dollar EUR/USD continues to decline and is currently tightly testing the support area near the level of 1.0640. It is worth waiting for an attempt of a minor correction and continuation of the fall of the euro dollar in the area below the level of 1.0560 within the completion of the development of the upward trend line on the indicator of relative strength. EUR/USD Forecast Euro Dollar on April 7, 2017 In favor of the fall is a return to the broken trend line on the indicator of relative strength and rebound from the resistance area.…
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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.
Quotes of BRENT oil continue to move within the limits of growth and currently test the support area near the level of $ 54 per barrel. There is a potential for a rebound upward in the area above the level of $ 55 per barrel. In favor of growth, the values of the relative strength indicator from the support line on the relative strength indicator rebound. BRENT oil price Forecast on April 7, 2017 However, strong growth should not be expected near the level of $ 55 per barrel, quotes of oil will meet resistance again. Abolition of the variant…
Quotations of the currency pair US Dollar to Japanese Yen USD/JPY continued to fall and are currently testing the support area near the level of 110.48. It is worth waiting for an attempt to break the neck line and continue falling quotations of the pair of Yen Dollar in the area below the level of 109.50. In favor of the fall is the breakdown of the upward trend line on the indicator of relative strength, which indicates the breakdown of the local minimum area by closing prices. USD/JPY Forecast Japanese Yen on April 7, 2017 Canceling the fall of the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to decline and is currently trading near the area of 0.7540. It is worth waiting for an attempt to continue the development of a downward trend with a potential target near the 0.74 area. In favor of the fall is the breakdown of the support line on the indicator of relative strength. AUD/USD Forecast Australian Dollar on April 7, 2017 The cancellation of the variant of falling of quotations of the Australian dollar will be performed by the breakdown of the area of 0.7580, which will indicate the continued growth of…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to decline and are currently trading near the area of 0.6970. It is worth to expect an attempt to continue falling into the support area at 0.69, with the breakdown of which the pair will continue to develop a fall. In favor of the decline from current levels is a tight test of the downward trend line on the indicator of relative strength. NZD/USD Forecast New Zealand Dollar on April 7, 2017 The cancellation of the option will be a strong growth and breakdown of the area…
Gold Quotes XAU/USD continue to trade as part of the formation of the reversal pattern Double top and currently test the area of 1253. It is worth to expect an attempt to fall into the support area near the level of 1238, the breakdown of this region will indicate the continuation of the decline to the level of 1225. XAU/USD Forecast price Gold on April 7, 2017 In favor of the fall is the formation of a reversal pattern Head and shoulders on the indicator of relative strength. The cancellation of the variant of falling quotes and prices for Gold…
The currency pair US dollar to Canadian dollar USD/CAD continues to move within the limits of growth and at the moment quotes are testing the area of 1.3425. There is a potential for falling to the support area near the level of 1.3390, where again we should expect the continued growth of quotations of the Canadian dollar. In favor of the fall is the formation of a reversal Forex model. USD/CAD Forecast Canadian Dollar on April 7, 2017 The failed swing on the relative strength indicator, however, at the moment of the uplink support test on the RSI indicator, one…
Gold XAU/USD is trading at the level of 1253.26. Gold continues to trade above the upper boundary of the Ichimoku Cloud, indicating that there is an upward trend in gold. It is expected to test the upper boundary of the Ichimoku Cloud near the level of 1248.00, from which one should expect an attempt of growth and development of the bullish tendency for the pair with the aim of increasing the level of 1265.00. Ichimoku Kinko Hyo XAU/USD Forecast on April 7, 2017 Earlier, a signal of medium strength was obtained for the purchase of gold, due to the crossing…
Oil WTI is trading at the level of 51.29 dollars per barrel. Oil WTI continues to trade above the upper limit of the Ichimoku Cloud, which indicates the presence of an upward trend in Oil. A test of the area of signal lines near the level of 50.90 is expected, from which one should expect an attempt of growth and development of a bullish tendency for a pair with the purpose of growth near the level of 53.40. Ichimoku Kinko Hyo WTI oil Forecast on April 7, 2017 Earlier, a weak signal was received for the purchase of WTI Oil,…
The currency pair US dollar to Turkish Lira USD/TRY is trading at the level of 3.7187. The pair is trading above the upper limit of the Ichimoku Cloud, indicating that there is an upward trend in the US Dollar Turkish Lira pair. The test area of signal lines near the level of 3.700 is expected, from which one should expect an attempt to grow and develop a bullish tendency for a pair near the level of 3.7700. Ichimoku Kinko Hyo USD/TRY Forecast on April 7, 2017 Earlier, a strong signal was received for purchases of the US dollar pair Turkish…