The Currency pair Euro US Dollar EUR/USD finished the trading week at the level of 1.0797. The pair continues to trade above the upper limit of the Ichimoku Cloud, which indicates the presence of an upward trend in the Euro Euro Dollar pair. It is expected to test the upper boundary of the Ichimoku Cloud near the level of 1.0690, from which one should expect an attempt to grow and develop the bullish trend for this pair in order to increase the level of 1.090. Ichimoku forecast EUR/USD on March 27 — 31, 2017 Earlier, a medium strength signal was…
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 US Dollar GBP/USD finished the trading week at 1.24673. The situation for the pair is not very unambiguous. There are several options for the development of events. The main options will come upward trend. In this situation, the pair is trading above the upper limit of the Ichimoku Cloud, indicating an upward trend in the pair Pound US Dollar. It is expected to test the upper boundary of the Ichimoku Cloud near the level of 1.2350, from which one should expect an attempt to grow and develop the bullish trend for this pair with the aim…
The Currency pair Australian dollar US dollar AUD/USD finished the trading week at the level of 0.76209. The pair continues to trade above the upper limit of the Ichimoku Cloud, indicating that there is an upward trend in the pair Australian Dollar. It is expected to test the upper boundary of the Ichimoku Cloud near the level of 0.7630, from which one should expect an attempt to grow and develop the bullish trend for this pair with the aim of increasing the level of 0.7750. Ichimoku forecast AUD/USD on March 27 — March 31, 2017 Earlier, a strong signal was…
The currency pair Euro to US Dollar EUR USD has completed the trading week at the level of 1.0797. The pair continues to move within the framework of the Forex Triangle model. Quotations test the upper limit of the model and expect a rebound attempt and the beginning of the fall to the lower boundary at the level of 1.0560. In favor of falling quotations of the euro the dollar is a tight test of the downward trend line on the indicator of relative strength, this line has several times pointed to the fall of quotations of the euro-dollar pair…
The currency pair Pound to Dollar GBP USD finished the trading week at 1.2467. The pair continues to move within the downward trend, as well as on the daily chart is formed the Forex Triangle model. It is worth waiting for an attempt to lower the quotations of the pound-dollar pair into the region below the model’s boundary. In favor of the fall of GBP/USD is the test of the downward trend line on the indicator of relative strength. GBP/USD Forecast on March 27, 2017 — March 31, 2017 Reducing the pair from this line has already been earlier, so…
Quotes of BRENT oil finished the trading week at the level of 51.05 dollars per barrel. Quotes of oil were able to break the lower boundary of the rising channel and at the moment we should expect an attempt to test the broken channel border and continue the decline to the nearest support area near the level of $ 45 per barrel. Brent Forecast on March 27, 2017 — March 31, 2017 Expect the acceleration of falling quotations and oil prices is with the breakdown of the local minimum area. In case of the beginning of the growth of quotations…
Currency pair Australian dollar to US dollar AUD USD finished the trading week at the level of 0.7602. The pair was able to show a rebound from the upper limit of the Forex Triangle model and at the moment there is a potential for continuing the decline in the support area at the level of 0.75. The breakdown of this area will indicate that the pair’s quotations continue to fall in the area of the lower boundary of the Forex Triangle model at the level of 0.7150. AUD/USD Forecast on March 27, 2017 — March 31, 2017 In favor of…
The currency pair Canadian dollar to US dollar USD CAD finished the trading week at 1.3379. The pair continues to move within the upward channel and at the moment there is still potential for the pair to continue growing. The immediate goal of the development of the upward trend is the area at the level of 1.36, the breakdown of which will indicate the continuation of growth in the area above the level of 1.37. USD/CAD Forecast on March 27, 2017 — March 31, 2017 In favor of the beginning of growth of quotations of the pair USD/CAD in the…
Quotations of the currency pair US Dollar to Yen USD JPY completed the trading week at the level of 111.25. The pair has left the limits of the rising channel and at the moment there is a potential for continuing the decline of quotations in the area of 107.50. In favor of the likely fall of the pair, the Yen Dollar is the breakdown of the long-term trend line on the indicator of relative strength, which also indicates the completion of growth in a pair. USD/JPY Forecast on March 27, 2017 — March 31, 2017 However, we should not exclude…
Quotes of Gold XAU USD completed the trading week at 1244. Gold continues to test important areas of resistance and there is a potential for another decline in the area below the level of 1190. In favor of the decline is a tight test of the upper boundary of the downlink on the chart XAU/USD, and the test area Resistance on the indicator of relative strength. XAU/USD Forecast on March 27, 2017 — March 31, 2017 With the breakdown of the area 1190, we should expect the continuation of the fall in quotations and Gold prices in the area below…