The currency pair US Dollar to Mexican Peso USD/MXN is trading at the level of 18.5737. The pair is trading below the lower limit of the Ichimoku Cloud, which indicates a downward trend in the US Dollar Mexican peso pair. It is expected to test the area of signal lines near the level of 18.6700, then we should expect an attempt to fall and develop a bearish trend for a pair with the purpose of falling near the level of 18.4300. Ichimoku Kinko Hyo USD/MXN forecast on April 14, 2017 Previously, a strong signal was received for the sale of…
Author: forex24pro
The currency pair US Dollar to Ruble USD/RUB continues to test the area of the lower border of the rising channel and at the moment there is a potential for rebound and continued growth in the area above the level of 58 rubles per US dollar. Technical analysis and USD/RUB forecast on April 14, 2017 In favor of the growth of quotations of the dollar the ruble is the formation of an inverted model of the head and shoulders on the indicator of relative strength. The cancellation of the variant of pair growth will be the fall and breakdown of…
The currency pair US Dollar to Swiss Franc USD/CHF continues to move within the upward trend, even after correction to the area below the level of 1.0020. It is expected to rebound and the continued growth of quotations of the Dollar Frank pair in the area above the level of 1.0150. Technical analysis and USD/CHF forecast on April 14, 2017 In favor of the growth of USD/CHF pair quotations is the test of the lower border of the uplink, as well as the test of the support area on the indicator of relative strength. The cancellation of the variant of…
Quotes of the currency pair New Zealand Dollar against the US Dollar NZD/USD was able to show strong growth and is currently testing the area of the upper boundary of the descending channel. It is worth to expect an attempt to rebound and fall of quotations NZD/USD in the area below the level of 0.6950. Technical analysis and NZD/USD forecast on April 14, 2017 In favor of the fall of the pair is the resistance area test on the relative strength indicator. Cancellation of the fall option will be a breakdown of the area of 0.7020. Important news from New…
Quotes of Gold XAU/USD continue to develop growth and at the moment Gold quotes are testing the area of 1284. We should expect an attempt to fall below 1275, from which we should expect a rebound and continue growth to the level above the level of 1290. XAU/USD forecast GOLD price on April 14, 2017 In favor of the growth of XAU/USD quotations, Ascending trend line on the indicator of relative strength. The cancellation of the growth of quotations and prices for Gold will be a drop and a breakdown at level 1265. XAU/USD forecast GOLD price on April 14,…
The currency pair Canadian Dollar to US Dollar USD/CAD continues to move in the fall. At the moment, quotes are testing the local minimum area near the level of 1.3237. It is worth to expect an attempt to increase the pair’s quotations to the area above the level of 1.3270, where we should expect the USD/CAD to rebound and fall below 1.3180. Technical analysis and USD/CAD forecast on April 14, 2017 In favor of the drop, a down-line resistance test will be performed on the relative strength indicator. In the event of a breakdown of this line, it is expected…
Quotes of BRENT crude oil continue to move within the upward trend, but at the moment the relative strength indicator values have broken through the trend line, which indicates the probable completion of the oil price rise and the beginning of the fall into the area below the level of $ 54 per barrel. BRENT forecast crude oil prices on April 14, 2017 In favor of the fall will form a reversal Forex Head and Shoulder models on the indicator of relative strength. Canceling the option of lower quotations and oil prices will be strong growth and breakdown of the…
Quotations of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within expectations and are currently testing the area of the lower border of the descending channel, you should expect an attempt to rebound the area above the level of 109.70, where again one should expect the price to fall below 108.20. Technical analysis and USD/JPY forecast on April 14, 2017 In favor of falling quotes of the pair, the Yen Dollar will perform a downtrend test on the indicator of relative strength. Important news from Japan is not expected, so the pair will continue to move…
The currency pair Australian Dollar to US Dollar AUD/USD showed strong growth and is currently testing the resistance area near the level of 0.7582. The potential for continuing the decline remains within the start of the downward 1:1 model with a potential drop target below 0.7420. Technical analysis and AUD/USD forecast on April 14, 2017 In favor of the drop is the resistance area test on the relative strength indicator. Canceling the option will be a breakdown of the area of 0.7620, indicating that the Australian dollar will continue to grow. Important news from Australia is not expected, so the…
The currency pair pound dollar GBP USD continues to grow and currently the pound dollar quotes are testing the area of 1.2553. The potential to complete the formation of the bearish wave model of Wolf remains, which will indicate the fall of the GBP/USD pair into the region below the level of 1.2250. Technical analysis and GBP/USD forecast on April 14, 2017 In favor of the drop is the resistance area test on the relative strength indicator. Canceling the option of lowering the quotes of the pound-dollar pair will be strong growth and breakdown of the area of 1.2650, in…