Quotes of Gold XAU/USD completed the trading week at 1282. Gold continues to move within the rising channel and at the moment it is expected to try to continue the growth of quotations in the area above the level of 1305. XAU/USD Forecast Gold price on April 24 — 28, 2017 Where can we expect a fall to the lower boundary of the rising channel at a level below the area of 1240, Where again it is expected to continue the growth of quotations XAU/USD. In favor of the fall is a tight test of the resistance area on the…
Author: forex24pro
Quotes of Silver XAG/USD finished the trading week at the level of 17.87. At the moment there is a potential for growth of quotations in the area above the level of 18.20 as part of the formation of the right shoulder of the reversal Forex Head and Shoulder models. XAG/USD Forecast Silver prices on April 24 — 28, 2017 Whence it is necessary to expect the beginning of falling of quotations and the prices for Silver in the area below level 16.50. In favor of the fall, a dense test of the downward trend line will appear on the indicator…
Quotations of the currency pair New Zealand Dollar to US dollar NZD/USD finished the trading week at the level of 0.7028. The pair continues to trade within the framework of the Forex Triangle model, at the moment it is expected to continue the decline to the bottom of the model with the first target near the level of 0.69. NZD/USD Forecast New Zealand Dollar on April 24 — 28, 2017 In favor of falling quotes NZD/USD is a tight test of the downward trend line on the indicator of relative strength. Cancellation of the variant of the fall in quotations…
The currency pair US Dollar to Swiss Franc USD/CHF finished the trading week at 0.9955. The pair continues to move within the ascending channel. At the moment, we should expect an attempt to fall and test the area of 0.9860, as part of the formation of the right shoulder of the reversal Forex Head and Shoulder models, where we can expect the pair to start growing. USD/CHF Forecast Swiss Franc on April 24 — 28, 2017 In favor of the rebound of quotations, Dollar Franc will perform an upward support test on the relative strength indicator. Expect the acceleration of…
The currency pair US Dollar to Russian Ruble USD/RUB finished the trading week at the level of 56.40 rubles to the US dollar. The pair continues to trade in the forex model of Wedge, the breakdown of which will point to the completion of the decline and the beginning of the growth of the Dollar Ruble quotations to the area above the level of 60 rubles per US dollar. USD/RUB Forecast Dollar Ruble on April 24 — 28, 2017 In favor of the growth of the pair will breakdown the downward trend line on the indicator of relative strength. In…
The currency pair Australian Dollar to US Dollar AUD/USD continues to move within the framework of the downward Forex model 5-0 and at the moment the pair is trading near the upper border of the channel. It is expected to rebound and fall in quotations in the area below the level of 0.7480. AUD/USD Forecast Australian Dollar on April 24, 2017 In favor of falling quotations of the Australian Dollar pair is the test of the downward resistance line on the indicator of relative strength. Cancellation of the variant of falling quotations of the pair will be the breakdown of…
The currency pair pound dollar GBP/USD continues to trade within the upward channel and at the moment it is necessary to expect a tight test of the lower limit and the continuation of growth in the area above the level of 1.29. In favor of the growth of quotations, the pound dollar is the test of an upward support line on the indicator of relative strength. GBP/USD Forecast British Pound on April 24, 2017 The cancellation of the growth option will be the GBP/USD quotations will fall and breakdown of the area of 1.2730, which will indicate the continued decline…
The currency pair Euro Dollar EUR/USD continues to be traded within the framework of the upward correction, but at the moment there is a potential for completing the formation of the reversal Forex Head and Shoulder models and the continuation of the fall of the euro dollar quotations to the area below the level of 1.0650. EUR/USD Forecast Euro Dollar on April 24, 2017 The breakdown of this area will indicate the continuation of the decline to the area below the level of 1.0560. In favor of falling quotes EUR/USD is the breakdown of the upward trend line on the…
The currency pair is the Canadian Dollar to US dollar USD/CAD continues to move within the upward trend and is currently trading near the area of 1.3462. At this point, we should expect a tight test of the lower border of the uplink and continue growth in the area above the level of 1.3550. USD/CAD Forecast Canadian Dollar on April 24, 2017 In favor of the growth of quotations of the pair USD/CAD will perform a test of the support line on the indicator of relative strength. The cancellation of the growth variant of the Canadian dollar pair will be…
Quotes of BRENT crude oil continue to move within the development of the decline and at the moment oil quotes have broken the lower border of the rising channel and are testing the support area. It is expected to continue the decline in oil prices in the area below the level of $ 52 per barrel, in favor of falling quotes is a tight test of the downward trend line on the indicator of relative strength. Analysis and forecast BRENT on April 24, 2017 The cancellation of the variant of falling quotations and oil prices will be a breakdown of…