Quotations of the US dollar to Japanese Yen USD/JPY continued to fall in line with expectations and our USD/JPY outlook for each day. It is worth waiting for an attempt to continue the decline in the area below the level of 109.50. In favor of the fall is the breakdown of the ascending support line on the indicator of relative strength. USD/JPY Forecast Japanese Yen on April 5, 2017 The cancellation of the fall of the pair of Yen Dollar quotations will trigger a breakdown of the upper boundary of the descending channel with the closing of quotes above the…
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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, at the moment there is still potential for falling oil quotations in the region below the level of 51 dollars per barrel. 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 forex model of the Head and shoulders on the price chart. BRENT crude oil Forecast on April 5, 2017 The cancellation of the reduction option can be a strong growth and breakdown of the region of $ 54 per…
The currency pair US Dollar to Canadian dollar USD/CAD have broken through the resistance area and at the moment it is worth waiting for an attempt to continue the pair’s growth into the area above the level of 1.3550. It is worth waiting for an attempt to test the punched area of support and continue growth. USD/CAD Forecast Canadian Dollar on April 5, 2017 In favor of the rebound of quotations of the pair USD/CAD is the breakdown of the trend line on the indicator of relative strength. The abolition of the continuation of growth will be the fall and…
Quotes Gold XAU USD continue to develop growth and at the moment the quotes were able to break the downward trend line on the indicator of relative strength, which indicates that growth continues to the level above the level of 1265. However, do not exclude the development of the fall in the test of the broken trend line and after this continued growth Quotations of Gold. XAU/USD Forecast Gold on April 5, 2017 The cancellation of the option may be a strong fall below the level of 1245, which will indicate the continuation of the decline and the completion of…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continued to decline and at the moment there is a potential for the pair to fall below 0.6920. In favor of the fall is the breakdown of the lower boundary of the Triangle model on the indicator of relative strength. NZD/USD Forecast New Zealand Dollar on April 3, 2017 By canceling the option of lowering the quotes of the New Zealand Dollar pair, there will be a breakout of the area of 0.7045, which will indicate the exit of quotes beyond the upper border of the channel and…
The currency pair US Dollar to Swiss Franc USD/CHF continues to develop an upward trend, but at the moment there are risks of developing a pair correction with a potential downside target near the 0.9955 area. USD/CHF Forecast Swiss Franc on April 5, 2017 In favor of the decline is the formation of the head and shoulders reversal pattern on the price chart, as well as the downward resistance line test on the relative strength indicator. The cancellation of the variant of the breakdown of the region is 1.0050, which will indicate the cancellation of the model and the continued…
The currency pair US Dollar to Russian Ruble USD/RUB continues to build on the support area and at the moment there is still a potential for growth development with the aim above the region of 58 rubles per US dollar. In favor of the pair’s rebound is the breakdown of the downward trend line on the indicator of relative strength. USD/RUB Forecast Dollar Ruble on April 5, 2017 To talk about the completion of the downward trend development is only with the breakdown of the region of 59.65 rubles to the US dollar. The cancellation of the option will be…
Gold XAU/USD is trading at the level of 1257.71. Gold is trading above the moving average with a period of 55, indicating a bullish trend for gold. At the moment, Gold quotes test the upper boundary of the Bollinger Bands indicator bars. It is worth to expect a decline attempt near the level of 1250.00, where again we should expect an attempt to continue growth with the first goal near the level of 1275.00. Bollinger Bands XAU/USD forecast on April 5, 2017 The conservative shopping area is located near the lower border of the Bollinger Bands indicator strip at the…
The currency pair US Dollar to Russian Ruble USD/RUB is trading at 56.63. The pair continues to move below the level of the moving average with a period of 55, indicating a bearish trend in the US dollar against the Russian Ruble. At the moment, quotations Pairs test the average border of the bars of the indicator Bollinger Bands. It is worth to expect an attempt to grow and test the moving average near the level of 57.30, where again we should expect an attempt to continue falling with the first goal near the level of 55.40. Bollinger Bands USD/RUB…
The currency pair US Dollar to Japanese Yen USD/JPY is trading at 110.461. The pair continues to move below the moving average level with a period of 55, indicating a bearish trend for the US Dollar Yen. 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 middle border of the bands near the level of 111.120, where again we should expect an attempt to continue falling with the first target near the level of 109.400. Bollinger Bands USD/JPY…