The currency pair USD/CAD US Dollar to Canadian Dollar continues to move within the upward trend and at the moment there is a potential for a fall in the pair’s quotes to the bottom of the rising channel at 1.36. Where can we expect a rebound and continued growth of the pair USD/CAD in the area above the level of 1.37. USD/CAD Forecast Canadian Dollar on May 1, 2017 In favor of the growth of quotations will perform a tight test of the support line on the indicator of relative strength. Canceling the option of continuing growth will be the…
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 BRENT crude oil continue to move in the downward trend and at the moment there is a potential for continuing the decline in quotations below the level of 51 dollars per barrel. In favor of falling oil is a tight test of the descending line of resistance on the indicator of relative strength, as well as a test of the upper boundary of the descending channel. Analysis and BRENT oil price Forecast on May 1, 2017 The cancellation of the variant of falling quotations will be a strong growth and breakdown of the region 53 dollars per barrel,…
Quotations of the currency pair USD/JPY US Dollar to Japanese Yen continue to move within the upward trend and at the moment there is still potential for continuing the pair’s growth into the area above the level of 112.50. USD/JPY Forecast US Dollar to Yen on May 1, 2017 In favor of the growth of the pair is the breakdown of the upper limit of the Forex Triangle model, which indicates the continued growth of USD/JPY quotes, as well as the rebound from the support line on the relative strength indicator. The cancellation of the growth variant of the Yen…
The currency pair USD/RUB US Dollar to Russian Ruble continues to move within the limits of growth, at the given moment it is necessary to expect a tight test of the lower border of the uplink near the area of 56.55. USD/RUB Forecast US Dollar to Russian Ruble on May 1, 2017 Whence it is necessary to expect continuation of growth of quotations of the Dollar Ruble pair in the region above the level of 57.60 rubles per dollar within the framework of the working out of the bull forex model 5-0. Canceling the option growth will be a breakdown…
The currency pair USD/CHF US Dollar to Swiss Franc continues to move as part of the formation of an inverted Forex Head and Shoulder model. We should expect an attempt of the test of the area of 0.9880 and continuation of the growth of quotations of the pair USD/CHF within the framework of the beginning of the development of the reversal model. USD/CHF Forecast US Dollar to Swiss Franc on May 1, 2017 In favor of the growth of quotations, the Dollar Frank will perform a tight test of the support line on the indicator of relative strength. The abolition…
Quotations of the currency pair New Zealand Dollar US Dollar NZD/USD continue to move within the downward trend and at the moment it is worth neighing the fall in the area below the level of 0.6750. In favor of falling quotations of the pair is a test of a broken trend line on the indicator of relative strength, as well as a test of the broken down channel boundary. Technical Analysis & Forecast NZD/USD on May 1, 2017 By canceling the NZD/USD pair fall, the New Zealand Dollar will be a strong growth and breakout of 0.6950, indicating that growth…
Quotes of Gold XAU/USD continue to trade near the area of 1266. It is worth waiting for an attempt to continue falling to the area below the level of 1250. In favor of the decline in quotes and Gold prices is a tight test of the downward resistance line on the indicator of relative strength, as well as the formation of the FOREX Head and Shoulders model. XAU/USD Forecast GOLD price on May 1, 2017 To expect the acceleration of the fall is with the breakdown of the area of 1260. Cancellation of the variant of the fall in quotations…
Trading signals British Pound GBP/USD on April 28, 2017 Sale from the level of 1.2900, StopLoss set for 1.2950, the target of the decline is 1.2540. Trading signals Euro Dollar EUR/USD on April 28, 2017 Sale at the current price (1.0882), StopLoss is set for 1.0935, the target is to decrease 1.0700. Trading signals Australian Dollar AUD/USD on April 28, 2017 Sale at the current price (0.7475), StopLoss is set for 0.7491, the target is to decrease 0.7400.
The currency pair EUR/USD Euro to US Dollar is trading at 1.0877. The pair continues to trade near the local maximum area. At this point, there is potential for the formation of the reversal Forex Head and Shoulder models on the MACD indicator and the continuation of the decline in the euro-dollar quotes. However, to reduce it is important to see the completion of the formation of the right shoulder of the model, so do not exclude the growth of EUR/USD quotations in the area above the level of 1.0935 before the start of the pair’s decline. Technical analysis &…
The currency pair AUD/USD Australian Dollar to US Dollar is trading at 0.7470. The pair repels from the local minimum area, as well as from the lower boundary of the descending channel. It is necessary to expect the continued growth of quotations in the area above the level of 0.7520. In favor of the development of an upward correction for the pair AUD/USD Australian Dollar to US dollar is advocating the formation of the reversal forex models of the Head and shoulders on the MACD indicator. Technical analysis & forecast AUD/USD on April 28, 2017 The signal line has already…