Quotations of the currency pair New Zealand Dollar against the US Dollar NZD USD continue to decline, but at the moment there are risks to see the pair’s growth in the area above 0.7080 as part of the development of the head and shoulders reversal pattern on the relative strength indicator. Canceling the option growth will be a breakdown of the area of 0.6950, indicating that the price of NZD/USD will continue to decline. NZD/USD Forecast New Zealand Dollar on April 4, 2017 Among the important news from New Zealand, which may have an impact on the NZD/USD exchange rate,…
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 Gold XAU/USD continue to move near the area of 1245. At the moment there is the potential for a simple quotation in the raid above the level of 1253. In favor of the rebound is the formation of the reversal Forex Head and shoulders models on the indicator of relative strength, and also on the price chart itself. After the test of area 1253 it is necessary to expect continuation of decrease in prices for Gold. XAU/USD Forecast Gold prices on April 4, 2017 Cancellation of the rebound option may become a breakdown of the area 1238, which…
Trading signals Euro Dollar EUR/USD on April 3, 2017 Buy from the level of 1.0640, StopLoss is set for 1.0610, the target of growth is 1.0900. Trading signals Canadian Dollar USD/CAD on April 3, 2017 Buy at the current price of 1.33325, StopLoss set for 1.3270, the target of growth is 1.3460. Trading signals Japanese Yen USD/JPY on April 3, 2017 Sale from the level (111.75), StopLoss set for 112.20, the target of the decline is 110.00.
The currency pair Euro Dollar EUR/USD has completed the current trading month at the level of 1.0653. At the moment, the potential for continuing the fall of quotations of the euro dollar in the region of the local minimum near the level of 1.0350 remains, with a probable breakdown of this region. In favor of the fall is the test of the downward trend line on the indicator of relative strength. EUR/USD Forecast Euro Dollar on April 2017 The cancellation of the variant of the EUR/USD pair falling may be the strong growth and breakdown of the area 1.0970, which…
The currency pair Pound to Dollar GBP/USD has completed the current trading month at 1.2545. The pair continues to move within the descending channel and at the moment there is still potential for continuing the decline of the pound-dollar pair. GBP/USD Forecast British Pound on April 2017 Quotations test the upper limit of the forex model of the Triangle, which indicates a possible rebound and a fall to the lower boundary of the model, with a breakdown which is expected to accelerate the fall in the area below the level of 1.17. In favor of falling quotations GBP/USD is the…
The currency pair US Dollar to Japanese Yen USD/JPY closed the current trading month at 111.39. The pair was able to penetrate the lower border of the rising channel, which indicates a potential continuation of the decline in the area below the level of 107. USD/JPY Forecast Japanese Yen on April 2017 In favor of falling quotes of the Dollar Yen pair in April 2017, breakdown of the upward trend line on the relative strength indicator, indicating a breakdown of a similar line in the price chart. The cancellation of the USD/JPY decline will be strong growth above the level…
Quotes of BRENT oil finished the current trading month at the level of 53.67 dollars per barrel. Oil continues to move within the upward channel and at the moment there is still potential for continuing a slight increase in the area above the level of $ 56 per barrel, from which one should expect a fall attempt as part of the development of the reversal Forex model of the Head and shoulders model on the relative strength indicator. Analysis and BRENT crude oil Forecast on April 2017 With the breakdown of the upward trend line on the indicator of relative…
The currency pair US Dollar to Russian Ruble USD/RUB closed the current trading month at the level of 56.40 rubles to the US dollar. The Russian ruble shows a strong strengthening and was able to test the area 55 rubles per dollar. At the moment, the potential remains for the pair to rebound into the region of the nearest resistance near the level of 62 rubles per US dollar. USD/RUB Forecast Dollar Ruble on April 2017 Breakdown of this level will indicate the end of the decline in the pair USD/RUB and the continued growth of the US dollar. In…
The currency pair US Dollar to Canadian Dollar USD/CAD finished the current trading month at 1.3317. The pair continues to trade within the framework of an upward correction and at the moment there is still a potential for continuing growth in the area above 1.39 level. However, we should not exclude the attempt to fall below 1.32 as part of the formation of the upside-down Head and Shoulders model, which will indicate the continued growth of the USD/CAD pair. USD/CAD Forecast Canadian Dollar on April 2017 In favor of a pair of quotes rebound, an uptrend test on the relative…
The currency pair New Zealand Dollar to US Dollar NZD/USD closed its current trading month at the level of 0.7000. At the moment, the pair continues to trade in the downward model 5-0, which indicates a continuation of the decline in the area below the level of 0.65. NZD/USD Forecast New Zealand Dollar on April 2017 In favor of the fall is the breakdown of the lower boundary of the ascending channel, which also implies the completion of the upward correction and the continuation of the fall of the pair. The cancellation of the NZD/USD pair decline may result in…