The currency pair Australian dollar to US dollar AUD/USD is trading at the level of 0.7540. The pair is trading below the moving average with a period of 55, indicating a bearish trend for the pair Australian Dollar. At the moment, the pair’s quotes are traded between the lower and middle borders of the Bollinger Bands indicator bars. It is worth waiting for an attempt to grow and test the middle border of the bands near the level of 0.7560, where again we should expect an attempt to continue the decline with the first goal near the level of 0.7470.…
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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.
Gold XAU/USD is trading at the level of 1252.81. Gold continues to trade above the moving average with a period of 55, indicating a bullish trend for gold. At the moment, Gold quotes are testing the average border of the Bollinger Bands indicator bars. It is worth waiting for an attempt to reduce and test the moving average with a period of 55 near the level of 1250.00, where again we should expect an attempt to continue growth with the first goal near the level of 1265.00. Bollinger Bands XAU/USD Forecast on April 7, 2017 The conservative buying area is…
The currency pair US Dollar to Russian Ruble USD/RUB continues to move within the development of a downward trend and is currently testing the area of the upper border of the descending channel near the level of 56.45 rubles to the US dollar. It is worth waiting for an attempt to break the upper border of the channel and continue the growth of quotations Dollar Ruble to the area above the level of 57.50 rubles per dollar. USD/RUB Forecast Dollar Ruble on April 7, 2017 In favor of the growth of the pair is a rebound from the support line…
The currency pair US Dollar to Swiss Franc USD/CHF continues to trade near the local maximum area at 1.0054. At the moment, the potential for continuing the growth of quotations of the Dollar Frank pair in the region above the level of 1.0145 remains. In favor of growth is a test of a broken support line on the indicator of relative strength, which also indicates a likely rebound and continued growth. USD/CHF Forecast Swiss Franc on April 7, 2017 Important news from Switzerland, which may have an impact on the Swiss franc against the US dollar, is not expected, so…
The currency pair pound dollar GBP/USD continues to be traded within the framework of the Forex Triangle model and is currently trending the area of 1.2485. It is worth waiting for an attempt to fall into the lower boundary area with a potential breakdown of the Triangle down model, which indicates that the decline continues below 1.23. In favor of falling quotes, the pound dollar is a tight test of the downward trend line on the indicator of relative strength. GBP/USD Forecast Pound Dollar on April 7, 2017 Canceling the option of reducing the pair of pound dollar forex models…
The currency pair Euro Dollar EUR/USD continues to decline and is currently tightly testing the support area near the level of 1.0640. It is worth waiting for an attempt of a minor correction and continuation of the fall of the euro dollar in the area below the level of 1.0560 within the completion of the development of the upward trend line on the indicator of relative strength. EUR/USD Forecast Euro Dollar on April 7, 2017 In favor of the fall is a return to the broken trend line on the indicator of relative strength and rebound from the resistance area.…
Quotes of BRENT oil continue to move within the limits of growth and currently test the support area near the level of $ 54 per barrel. There is a potential for a rebound upward in the area above the level of $ 55 per barrel. In favor of growth, the values of the relative strength indicator from the support line on the relative strength indicator rebound. BRENT oil price Forecast on April 7, 2017 However, strong growth should not be expected near the level of $ 55 per barrel, quotes of oil will meet resistance again. Abolition of the variant…
Quotations of the currency pair US Dollar to Japanese Yen USD/JPY continued to fall and are currently testing the support area near the level of 110.48. It is worth waiting for an attempt to break the neck line and continue falling quotations of the pair of Yen Dollar in the area below the level of 109.50. In favor of the fall is the breakdown of the upward trend line on the indicator of relative strength, which indicates the breakdown of the local minimum area by closing prices. USD/JPY Forecast Japanese Yen on April 7, 2017 Canceling the fall of the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to decline and is currently trading near the area of 0.7540. It is worth waiting for an attempt to continue the development of a downward trend with a potential target near the 0.74 area. In favor of the fall is the breakdown of the support line on the indicator of relative strength. AUD/USD Forecast Australian Dollar on April 7, 2017 The cancellation of the variant of falling of quotations of the Australian dollar will be performed by the breakdown of the area of 0.7580, which will indicate the continued growth of…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to decline and are currently trading near the area of 0.6970. It is worth to expect an attempt to continue falling into the support area at 0.69, with the breakdown of which the pair will continue to develop a fall. In favor of the decline from current levels is a tight test of the downward trend line on the indicator of relative strength. NZD/USD Forecast New Zealand Dollar on April 7, 2017 The cancellation of the option will be a strong growth and breakdown of the area…