The currency pair US Dollar to Russian Ruble USD/RUB is trading at 56.50. The pair is trading below 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 upper boundary of the bands of the indicator Bollinger Bands. It is worth to expect an attempt to increase near the level of 56.70, where again we should expect an attempt to continue the fall and further development of the downward trend in the pair US dollar Russian ruble with the first target…
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.
Stock index DAX 30 is trading at the level of 12076.1. DAX 30 is trading below the moving average with a period of 55, indicating a bearish trend for the DAX 30. The stock index benchmarks test the upper boundary of the Bollinger Bands indicator bars. The growth of quotations of the index near the level of 12100.0 is expected, where again we should expect an attempt to continue the fall and further develop the bearish trend with the first target near the level of 11920.0. Bollinger Bands forecast DAX 30 on April 24, 2017 The conservative sales area is…
The currency pair Euro Dollar EUR/USD is trading at 1.0724. Quotes of the pair are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for the euro dollar. At the moment, quotes of the pair test the average border of the bars of the indicator Bollinger Bands. It is expected to test the lower border of the Bollinger Bands indicator bars near the level of 1.0700, where again we should expect an attempt to continue growth and further development of the upward trend in the euro-dollar pair with the first target…
Quotes of Silver XAG/USD are traded at the level of 17.87. Silver is trading below the moving average with a period of 55, indicating a bearish trend for Silver. At the moment, Silver quotes are testing the lower boundary of the Bollinger Bands indicator bars. It is worth waiting for the test of the middle border of the bands near the level of 18.10, whence again we should expect an attempt to continue the fall and further development of the downward trend for Silver with the first goal near the level of 17.70. Bollinger Bands forecast XAG/USD on April 24,…
The currency pair Euro to US Dollar EUR/USD completed the trading week at the level of 1.0724. The pair continues to trade in the downward channel and at the moment the potential for continuing the decline of the euro dollar remains. However, we should not exclude the test of the upper border of the descending channel and the area of 1.0850 within the framework of the assurance of the formation of the reversal Forex Head and Shoulders models, which will also point to the EUR/USD quotes falling. EUR/USD Forecast Euro Dollar on April 24 — 28, 2017 In favor of…
The currency pair British Pound to US Dollar GBP/USD finished the trading week at 1.2805. Quotations of the pair were able to break through the upper border of the Forex model of the Triangle, which indicates the continuation of the pair’s growth as part of the Forex model development. GBP/USD Forecast British Pound on April 24 — 28, 2017 At the moment, we should expect a fall attempt and a test of the broken channel border at 1.27, from which we should expect a rebound and continued growth of the pound dollar. In favor of the development of the upward…
Quotes of BRENT oil finished the trading week at 52.28 dollars per barrel and could show a serious drop from the local maximum level. At the moment, there is a potential for continuing the decline in the region of the lower border of the rising channel near the region of $ 48 per barrel. Brent Forecast crude oil for the week April 24 — 28, 2017 In favor of the fall of BRENT is a rebound from the resistance line on the indicator of relative strength. The abolition of the option of lowering quotations and oil prices will be a…
The currency pair Australian Dollar to US dollar AUD/USD finished the trading week at 0.7541. The pair continues to trade within the framework of the Forex Triangle model and at the moment the potential for falling of quotations in the region of the lower boundary of the model near the area of 0.7150 remains. Forex Forecast AUD/USD for the week on April 24 — 28, 2017 In favor of lowering the quotations of the pair AUD/USD, a down resistance line test will perform on the relative strength indicator near the area of 0.7650. Expect to accelerate the fall in quotations…
The currency pair is the Canadian Dollar to US dollar USD/CAD has completed the trading week at 1.3493. At the moment, the pair continues to move within the ascending channel, we should expect the breakdown of the upper boundary of the Triangle model and the continuation of growth in the area above the level of 1.37. USD/CAD Forecast Canadian Dollar on April 24 — 28, 2017 In favor of growth is a rebound from the support line on the indicator of relative strength. Expect to accelerate the growth of the pair is with the breakdown of the area 1.3520, which…
Quotations of the currency pair US Dollar to Japanese Yen USD/JPY completed the trading week at 109.06. The pair continues to move within the descending channel and expect an attempt to update the local minimum area. USD/JPY Forecast Japanese Yen on April 24 — 28, 2017 In favor of falling quotes of the pair, the Dollar Yen will perform a tight test of the descending line of the trend on the indicator of relative strength. With the breakdown of this line, one should expect the USD/JPY pair to fall and start growing above 112.00. In the case of breakdown of…