The currency pair euro dollar EUR USD continues to move within the framework of the beginning of the downward adjustment of the Forex forex model of the Wolf wave with the aim of falling below is hugging 1.0720. With the breakdown of the upward trend line on the indicator of relative strength, one should expect an attempt to complete the development of the upward trend in the pair. EUR/USD Forecast Euro Dollar on March 29, 2017 It is likely that the pair will be able to form a reversal forex model of the Head and shoulders, which will indicate 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.
The currency pair pound dollar GBP USD continues to move within the upward channel, however, the potential for a fall is maintained within a tight test of the downward trend line on the indicator of relative strength. In favor of a fall, the upper bound of the Forex model of the Triangle model can also perform. Consider selling the pair the pound dollar stands with the breakdown of the lower boundary of the rising channel. GBP/USD Forecast British Pound on March 29, 2017 The first target of the fall will be the area at the level of 1.2450. Canceling the…
Currency pair Australian Dollar to US Dollar AUD USD continues to move within the development of the downward trend and at the moment quotations have broken through the local minimum area, it is expected to accelerate the fall of the pair into the area below the level of 0.75. AUD/USD Forecast Australian Dollar on March 29, 2017 In favor of continuing the fall, act as a rebound from the broken trend line on the indicator of relative strength. We are trying to increase the sales of the pair AUD/USD with a close stop-loss above the area of 0.7655. Canceling the…
Quotations of the US Dollar Japanese Yen USD JPY continued to decline and at the moment there is a potential for rebound into the resistance area, where again we should expect an attempt to continue falling to the area below the level of 109.50. USD/JPY Forecast Japanese Yen on March 29, 2017 The cancellation of the variant of falling quotations of the pair will be the breakdown of the resistance area with the closing of the quotations of the pair USD/JPY above the level of 111.95, which will indicate the continuation of the pair’s growth. Important news from Japan is…
Quotes of BRENT crude oil continue to move in the downward trend and at the moment there is still potential for continuing the decline in the area below the level of $ 49 per barrel. In favor of lower quotations and oil prices is a tight test of the downward resistance line on the indicator of relative strength. Analysis and forecast BRENT on March 29, 2017 The abolition of the continuation of the decline will be the breakdown of the upper boundary of the descending channel and the closing of oil quotes above the region of $ 53 per barrel.…
The currency pair is the Canadian dollar to the US dollar USD CAD continues to move within the upward channel and at the moment there is a potential for continuing the pair’s growth into the area above 1.35 level. In favor of growth is the probable breakdown of the Forex Diamond model up, which indicates the continued growth of the pair. USD/CAD Forecast Canadian Dollar on March 29, 2017 Canceling the option of continuing the development of the upward trend in the pair will be the fall and breakdown of the lower boundary of the channel, which points to a…
Gold Quotes XAU USD demonstrate a rebound from the resistance area and at the moment there is a potential for continuing the decline in gold prices in the area below the level of 1235. In favor of the drop, there is also a rebound from the downtrend line on the indicator of relative strength. XAU/USD Forecast Gold on March 29, 2017 Cancellation of the variant of falling quotes and prices for Gold will be a breakdown of the resistance area with the closing of quotations above the level of 1265. Also, the current structure on Gold is a reversal Forex…
Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD continued to decline under the beginning of working out a reversal of force model, head and shoulders. At the moment, the potential for continued decline in the pair’s quotations to the area below the level of 0.69 remains. NZD/USD Forecast New Zealand Dollar on March 29, 2017 Cancellation option quotations fall NZD/USD would be a strong rise, and the breakdown field of 0.71, which indicates cancellation reversal pattern and continued growth of the pair to levels above 0.72. Expect to accelerate the fall of quotations is…
The currency pair US Dollar Swiss Franc USD CHF continues to move within the framework of the beginning of the development of the ascending forex wave model of Woolf with the potential growth target near the area of 0.9970. At the moment, the pair’s quotes are testing the resistance area and there is a risk of seeing a rebound attempt and only after this continuation of growth. USD/CHF Forecast Swiss Franc on March 29, 2017 Cancellation option of an upward movement of the pair usd chf will drop and the sample area of a local minimum that will point to…
The currency pair US Dollar Ruble USD RUB continues its movement within the framework of the beginning of the development of the ascending wave model of Wolf for the purpose of growth above the area of 58 rubles per US dollar. In favor of the beginning of growth is a dense test of the ascending trend line on the indicator of relative strength. USD/RUB Forecast Dollar Ruble on March 29, 2017 With the breakdown of the region of 60 rubles per US dollar, it is expected to complete the decline and the pair’s quotations begin to rise in the area…