Quotes of BRENT oil continue to move within the descending channel, at the moment the resistance area test was conducted near the level of $ 53 per barrel. It is worth waiting for an attempt to rebound from the upper limit of the descending channel and the beginning of the decline in the area below the level of 51 dollars per barrel. BRENT Forecast oil price on March 31, 2017 In favor of the drop is the resistance area test on the relative strength indicator. The cancellation of the variant of falling quotations and oil prices will be a strong…
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.
The currency pair Canadian dollar to the US dollar USD/CAD continues to move within the lateral trend and at the moment we should expect a tight test of the lower limit of this range, where again the pair will show growth in the area of the upper boundary of the lateral movement. USD/CAD Forecast Canadian Dollar on March 31, 2017 In the case of a breakdown of the lower limit, we expect the pair to continue falling below 1.32. Among the important news from Canada, which can have a strong impact on the Canadian dollar rate, it is worth highlighting,…
Quotes of Gold XAU/USD continue to trade near the area of 1250. However, at the moment there is still potential for falling quotations and prices for Gold in the area below the level of 1235. 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 Failed, which indicates the breakdown of the 1240 area by closing prices. XAU/USD Forecast Forex Gold on March 31, 2017 The cancellation of the variant of falling prices for Gold will be the breakdown of the…
Quotations of the currency pair New Zealand Dollar to the US Dollar NZD/USD continue to move within the framework of the Forex Triangle model. At this point, we should expect an attempt to break the lower boundary of the model and continue falling into the area below the level of 0.69. NZD/USD Forecast New Zealand Dollar on March 31, 2017 In favor of falling quotations of the pair is the test of the downward trend line on the indicator of relative strength. The cancellation of the fall of the pair’s quotes will result in a strong growth and breakdown of…
The currency pair US Dollar to Swiss Frans USD/CHF continues to move within the framework of growth, but at the moment there are still risks of falling below 0.99. In favor of the drop is the downward resistance line test on the relative strength indicator. USD/CHF Forecast Dollar Swiss Franc on March 31, 2017 In the event of a breakdown of this line on the indicator, we should expect a tight test of a similar trend line on the price chart near the area of 1.0110. The cancellation of the variant of the continued growth of the Dollar Franc pair…
The currency pair US Dollar Ruble USD RUB continues to move within the framework of the formation of the bull forex model of the Wolf wave and at the moment the pair quotes have broken through the lower boundary area and are testing the area of the swat area. USD/RUB Forecast US Dollar on March 31, 2017 The potential remains for the rebound and the beginning of growth in the region above the level of 58 rubles per US dollar as part of the development of this model. In favor of the rebound is a tight test of the support…
The currency pair New Zealand dollar to US dollar NZD/USD is trading at 0.7021. The pair continues to trade inside the Ichimoku Cloud, which indicates the presence of a lateral trend for the New Zealand Dollar pair. It is expected to test the upper boundary of the Iсhimoku Cloud near the level of 0.7030 and the drop in quotations to the area near the level of 0.6970, from which one should expect an attempt to fall and develop a bearish trend for this pair in order to reduce the level of 0.6960. Ichimoku Kinko Hyo forecast NZD/USD on March 31,…
The currency pair US Dollar to USD Mexican peso USD/MXN is trading at the level of 18.73. The pair continues to trade 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 18.80, from which one should expect an attempt to fall and develop a bearish trend for this pair with the aim of dropping the level of 18.50. Ichimoku Kinko Hyo forecast USD/MXN on March 31, 2017 Previously, a strong signal was received for the…
The currency pair US Dollar to British Pound GBP/USD is trading at 1.2429. The pair continues to bargain inside the Ichimoku Cloud, which indicates the presence of a lateral trend in the pair Pound US Dollar. It is expected to test the upper boundary of the Ichimoku Cloud near the level of 1.2465, from which one should expect a fall attempt with a view to lowering the level of 1.2340. Ichimoku Kinko Hyo forecast GBP/USD on March 31, 2017 Earlier, a weak signal was received for the sale of the Pound Dollar pair, due to the intersection of the signal…
The currency pair US Dollar to Russian Ruble USD/RUB is trading at 56.65. The pair continues to trade below the lower limit of the Ichimoku Cloud, which indicates a downward trend in the pair US dollar Russian ruble. It is expected to test the area of signal lines near the level of 57.20, from which one should expect an attempt to fall and develop a bearish trend for this pair in order to reduce the level of 55.90. Ichimoku Kinko Hyo forecast USD/RUB on March 31, 2017 Earlier, a weak signal was received for the sale of the US dollar…