The currency pair US Dollar to Russian ruble USD/RUB completes trading week at the level of 57.04. The pair continues to move below the level of the moving average with a period of 55, indicating a bearish trend in the US dollar against the Russian Ruble. 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 grow and test the moving average with a period of 55 near the level of 58.00, where again we should expect an attempt to continue falling with…
Author: forex24pro
Gold XAU/USD completes the trading week at the level of 1265.18. Gold continues to trade above the moving average with a period of 55, indicating a bullish trend for gold. Currently, Gold quotes are moving between the upper and middle borders of the Bollinger Bands indicator bars. It is worth waiting for an attempt to lower and test the middle border of the Bollinger Bands indicator bars near the level of 1240.00, where again we should expect an attempt to continue growth with the first goal near the level of 1300.00. Bollinger Bands XAU/USD prediction on April 10 — 14,…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to decline and are currently trading near the area of 0.6965. The pair repels from the upper boundary of the downward channel, which indicates a fall into the area below the level of 0.6925. NZD/USD Forecast New Zealand Dollar on April 10, 2017 In favor of lowering the quotes of the New Zealand Dollar, a rebound from the resistance line on the indicator of relative strength. Cancellation of the variant of NZD/USD quotations decline on Forex will be strong growth and breakdown of the area of 0.7005,…
The currency pair US Dollar to Swiss Franc USD/CHF continues to trade near the local maximum area at 1.0055. At the moment, the values of the relative strength indicator have broken through the upper limit of the Triangle model, which indicates a potential continuation of the pair’s growth in the area above the 1.01 level. USD/CHF Forecast Swiss Franc on April 10, 2017 In favor of accelerating the growth of the Dollar Franc pair will break through the upper boundary of the rising channel. The cancellation of the growth of the pair will be the fall of USD/CHF and the…
The currency pair US Dollar to Russian Ruble USD/RUB continues to move within the development of a downward trend and currently trades at 56.86 rubles to the US dollar. The potential for continued growth of the pair in the region above the level of 58 rubles per US dollar is maintained, in favor of growth is a rebound from the support line on the indicator of relative strength. USD/RUB Forecast Dollar Ruble on April 10, 2017 Near the area of 58 rubles per dollar, the values of the indicator RSI will meet resistance in the form of a downward trend…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continued to decline and at the moment are trading in the 110.60 area. At the moment, the potential for a fall in the pair’s quotations to the area below the 109.50 level remains. In favor of the fall, a dense test of the downward trend line will appear on the indicator of relative strength. USD/JPY Forecast Japanese Yen on April 10, 2017 The cancellation of the fall of the pair of Yen Dollar pair quotations will result in a strong growth and breakdown of the area of 111.10, which…
Quotes of BRENT crude oil continue to move within the growth and currently test the area of 55.60 dollars per barrel. Bulls on oil were able to update the local maximum area, but at the moment there is still potential for falling quotations in the area below the level of $ 54 per barrel as part of the development of the head and shoulders reversal model on the relative strength indicator. The abolition of the option will be a breakdown of the region $ 56 per barrel, which will indicate the continued growth in oil prices. BRENT forecast crude oil…
The currency pair Canadian dollar to US dollar USD/CAD continues to develop correction and is currently trading near the area of 1.3393. The pair tests the lower limit of the Triangle model, it is worth waiting for a rebound attempt and continuing the growth to the upper boundary area. USD/CAD Forecast Canadian Dollar on April 10, 2017 With the breakdown of the upper limit of the Triangle model and the closing of quotes above the 1.3450 area, one should expect the pair to accelerate in the area above the 1.35 level. In favor of growth, there will be a tight…
Quotes Gold XAU/USD were able to show strong growth and pierced the area of the upper boundary of the Triangle model. At the moment, the quotes are traded at the level of 1264. It is worth to expect an attempt to fall below 1255, in favor of the decline in gold prices is the test of the downward trend line on the indicator of relative strength. XAU/USD Forex Forecast Gold on April 10, 2017 Canceling the option will update the local maximum area, which indicates the continued growth in the Triangle model. XAU/USD Forex Forecast Gold on April 10, 2017…
The currency pair Euro Dollar EUR/USD continues to fall and at the moment the pair’s quotations are traded at the level of 1.0635. It is expected to continue the decline in the euro dollar in the area below the level of 1.0560. In favor of accelerating the fall, a breakdown of the support line on the relative strength indicator will occur, and expect the beginning of the fall is at the time of the downward trend test on the RSI indicator. EUR/USD Forecast Euro Dollar on April 10, 2017 The cancellation of the option will be a strong growth and…