The currency pair Australian Dollar to US Dollar AUD/USD has gone into the development of correction and is currently tightly testing the area of 0.7570. It is worth waiting for an attempt to fall into the area below the level of 0.75 within the rebound from the descending line of the trend on the indicator of relative strength. AUD/USD Forecast Australian Dollar on April 6, 2017 In favor of falling quotations of the pair AUD/USD, advocate the formation of a reversal forex model of the Head and shoulders at small time intervals. Cancellation of the variant of the fall of…
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.
The currency pair Pound to US Dollar GBP/USD continues to trade near the area of 1.2470 and at the moment there is still a potential for continuing the fall into the area below the level of 1.23. In favor of the fall is the formation of a reversal pattern Double top, which indicates the completion of growth and the continuation of the fall of the pound-dollar pair. GBP/USD Forecast Pound Dollar on April 6, 2017 An additional signal is a rebound from the downward trend line on the indicator of relative strength. Expect to accelerate the fall of quotations of…
The currency pair Euro Dollar EUR/USD continues to be traded near the area of 1.0659. Quotations could not develop an upward correction on the pair and at the moment there is a potential for continuing the decline in the area below the level of 1.0590. In favor of the drop is a rebound from the descending line of the trend on the indicator of relative strength. EUR/USD Forecast Euro Dollar on April 6, 2017 Expect to accelerate the fall in quotes EUR/USD stands with the breakdown of the upward trend line on the indicator of relative strength, which indicates the…
The currency pair US Dollar to Russian Ruble USD/RUB continues to test the local minimum area and currently trades at 56.08 rubles per US dollar. The potential for rebound and growth of the pair in the region above the level of 58 rubles per US dollar remains. USD/RUB Forecast Dollar Ruble on April 6, 2017 In favor of the rebound is the test of the rising trend line on the indicator of relative strength, as well as the formation of the head and shoulders reversal model on the RSI indicator. The abolition of the growth option will be the fall…
The currency pair US Dollar to Swiss Franc USD/CHF continues to develop the upward trend and at the moment the pair is trading at 1.0041. It is worth waiting for an attempt to continue the growth of quotations of the pair USD/CHF in the area above the level of 1.0150. USD/CHF Forecast Swiss Franc on April 6, 2017 In favor of growth is a rebound from the broken support line on the indicator of relative strength. The cancellation of the growth variant of the Dollar Franc pair will lead to a fall and breakout of the area of 0.9980. Among…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to develop the decline and are currently trading at 0.6956. There is a potential for continuing the decline in the area below the level of 0.69. In favor of the fall is a breakdown of the support line on the indicator of relative strength, as well as the output of the pair’s quotes beyond the lower boundary of the descending channel. NZD/USD Forecast New Zealand Dollar on April 6, 2017 The cancellation of the NZD/USD fall will result in a strong growth and breakdown of the 0.7020…
Currency pair New Zealand dollar to US dollar NZD/USD is trading at 0.6978. Quotations of the pair continue to trade below the lower limit of the Ichimoku Cloud, which indicates a downward trend in the New Zealand Dollar pair. It is expected to test the area of signal lines near the level of 0.6990, from which one should expect an attempt to fall and develop a bearish tendency for a pair with a view to lower near the level of 0.6920. Ichimoku NZD/USD Forecast on April 6, 2017 Earlier, a medium-strength signal was received for the sale of the New…
Currency pair US Dollar to Mexican peso USD/MXN is trading at the level of 18.7679. The pair continues to trade below the lower limit of the Ichimoku Cloud, which indicates a downward trend in the US Dollar Mexican peso pair. An attempt is expected to fall and develop the bearish tendency for a pair with the aim of falling near the level of 18.4500. Ichimoku USD/MXN Forecast on April 6, 2017 Earlier, a weak signal was received for purchases of the US dollar pair of the Mexican peso, due to the crossing of the signal lines at the level of…
Currency pair Pound to Dollar GBP/USD is trading at 1.2445. The pair broke through the Ichimoku Cloud and began to trade below its lower limit, indicating a downward trend in the Pound Dollar pair. It is expected to test the lower boundary of the Ichimoku Cloud near the level of 1.2460, from which one should expect an attempt to fall and develop a bearish trend for the pair with a view to lower near the level of 1.2290. Ichimoku GBP/USD Forecast on April 6, 2017 Earlier, a medium strength signal was received for the sale of the Pound Dollar pair,…
The currency pair US Dollar to Japanese Yen USD/JPY is trading at 110.662. The pair is trading below the lower limit of the Ichimoku Cloud, which indicates a downward trend in the US Dollar Yen pair. An attempt is expected to fall and develop a bearish tendency for a pair with a view to lower near the level of 109.500. Ichimoku USD/JPY Forecast on April 6, 2017 Earlier, a signal of medium strength was received for the sale of the US dollar pair Yen, due to the intersection of the signal lines at the level of 111.200. The abolition of…