Author: 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 the currency pair US Dollar to Japanese Yen USD/JPY continue to move within expectations, and currently the pair is trading below the support area at 109.65. It is expected to continue falling to the area below the level of 108.50. Technical analysis and Forecast USD/JPY on April 12, 2017 In favor of the fall comes the breakdown of the upward support line on the relative strength indicator, which indicates that the pair USD/JPY continues to fall below the local minimum level. The cancellation of the option could be the strong growth of the Yen Dollar pair above the…

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Quotes of BRENT crude oil continue to move within a strong upward trend and currently trade above the level of $ 56 per barrel. The potential for continuing the growth of quotations in the region of $ 57 per barrel is maintained, in favor of growth is the support line test on the indicator of relative strength. BRENT forecast crude oil prices on April 12, 2017 The cancellation of the option will be the breakdown of this line, which will indicate the completion of the growth and the beginning of the fall in quotations and oil prices in the region…

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The currency pair US Dollar to Canadian dollar USD/CAD continues to test the support area at 1.3335. At the moment, there is the potential for the pair to continue to grow in the area above 1.3450. In favor of a rebound attempt is a breakdown of the downward trend line on the indicator of relative strength, as well as a tight test of the lower boundary of the rising channel. Technical analysis and Forecast USD/CAD on April 12, 2017 The cancellation of the growth of USD/CAD quotations will be the fall and breakdown of the area of 1.2980, which will…

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Quotes of Gold XAU/USD continue to develop an upward trend and are currently trading near the area of 1275. It is worth to expect an attempt of a minor correction to the area below the level of 1265, from which we should expect a rebound and continued growth in the area above 1285. Technical analysis and Forecast XAU/USD on April 12, 2017 In favor of continued growth in quotations and gold prices, A test of a broken trend line on the indicator of relative strength. Canceling the option of continuing the growth of quotations XAU/USD will break through the area…

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Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the downward channel and at the moment there is a potential for continuing the fall into the area below the level of 0.6900. In favor of falling quotes NZD/USD is the test of the downward resistance line on the indicator of relative strength. Technical analysis and Forecast NZD/USD on April 12, 2017 Canceling the option of continuing to decline the pair will be a breakdown of the area of 0.6990, indicating that the growth will continue to the area above the level of 0.7050.…

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The currency pair US Dollar to Swiss Franc USD/CHF continues to move within the upward trend and at the moment there is a potential for a rebound from the lower border of the channel and continuing growth in the area above the level of 1.01. Technical analysis and Forecast USD/CHF on April 12, 2017 In favor of continuing growth is the breakdown of the downward trend line on the indicator of relative strength. The cancellation of the growth of the quotations of the Dollar Franc pair will fall and the breakdown of the area is 1.0040. Important news from Switzerland,…

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The currency pair US Dollar to Russian Ruble USD/RUB continues to move within the downward trend and at the moment there is a potential for rebound of quotations in the area below the level of 56 rubles per US dollar. In favor of the fall, a dense test of the downward trend line will appear on the indicator of relative strength. Technical analysis and Forecast USD/RUB on April 12, 2017 The cancellation of the variant of falling quotations of the Dollar Ruble pair will be a breakdown of the downward resistance line on the indicator of relative strength. In the…

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The currency pair US Dollar to Japanese Yen USD/JPY is trading at 110.605. The pair is trading below the moving average with a period of 55, indicating a bearish trend for the US dollar. At the moment, the pair’s quotations are traded near the lower border of the bands of the Bollinger Bands indicator. An attempt is being made to insignificant growth to the level of 111,000, from which one should expect an attempt to continue the fall with the first target near the level of 109.800. Bollinger Bands USD/JPY forecast April 12, 2017 The conservative sales area is located…

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The currency pair US Dollar to Swiss Franc USD/CHF is trading at 1.0073. The pair is trading above the moving average with a period of 55, indicating a bullish trend for the US Dollar Frank. At the moment, quotes of the pair test the average border of the bars of the indicator Bollinger Bands. It is worth waiting for an attempt to fall near the level of 0.0040, where again we should expect an attempt to continue growth with the first goal near the level of 1.0145. Bollinger Bands USD/CHF forecast April 12, 2017 The conservative buying area is located…

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The currency pair British Pound to US Dollar GBP/USD is trading at 1.2430. Quotes of the pair are traded below the moving average with a period of 55, indicating a bearish trend for the Pound Dollar. At the moment, quotes of the pair test the average border of the bars of the indicator Bollinger Bands. It is worth to expect an attempt at a minor correction near the level of 1.2450, where again we should expect an attempt to continue the fall with the first target near the level of 1.2340. Bollinger Bands GBP/USD forecast April 12, 2017 The conservative…

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