The currency pair Pound to US Dollar GBP/USD continues to trade near the area of 1.2780. At the moment, the potential for rebounding upwards and continuing growth to the area above the level of 1.29 is still in place, from which one should expect an attempt to rebound and fall of the pair’s quotes. Technical analysis & GBP/USD forecast on April 26, 2017 In favor of the decrease, the formation of the reversal Forex Head and Shoulder models will appear on the indicator of relative strength. Cancellation of the variant of the fall in the quotations of the Pound Dollar…
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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.
Currency Pair Australian Dollar against US Dollar AUD/USD continues to move within the framework of the Forex Triangle model and is trading near the area of 0.7550. It is worth waiting for an attempt to fall and breakdown the lower boundary of the model. Analysis & AUD/USD Forex Forecast on April 26, 2017 The purpose of the fall is the area below the level of 0.7480, the breakdown of this area will indicate the continued decline in the pair’s quotations as part of the Triangle Forex Trial. In favor of the drop is a rebound from the descending line of…
Quotations of the currency pair US Dollar to Japanese Yen USD/JPY continues to trade near the upper boundary of the downward channel at 110.20. It is worth waiting for an attempt to rebound and fall into the area below the level of 109.50. USD/JPY Forecast Japanese Yen on April 26, 2017 The cancellation of the fall of the pair of Yen Dollar quotations will result in a strong growth and breakdown of the 110.60 area, which will indicate that the pair’s quotations continue to rise above 112.00. Expect the acceleration of USD/JPY quotes decrease with the breakdown of the ascending…
Quotes of BRENT oil continue to move within the downward trend and at the moment oil quotes are testing the local minimum area at the level of 52.26 dollars per barrel. It is worth waiting for an attempt to continue the decline in quotations and oil prices in the area below the level of 51 dollars per barrel. Analysis and forecast BRENT crude oil on April 26, 2017 In favor of falling quotations is the test of the downward trend line on the indicator of relative strength. The cancellation of the fall option will be a strong growth and breakdown…
The the currency pair Canadian Dollar to US Dollar USD/CAD continues to develop growth and is currently trading near the 1.3556 area. The pair was able to break the upper limit of the Forex Triangle and expect the continuation of the growth of quotations in the area above the level of 1.38. USD/CAD Forecast Canadian Dollar on April 26, 2017 However, we should not exclude the attempt of correction of the pair USD/CAD in the 1.35 area for the test of the broken border of the Forex Triangle model. Cancellation of the variant of growth will be the fall of…
Quotes of XAU/USD Gold continue to test the area of the lower border of the uplink and are currently trading at 1272. It is worth waiting for an attempt to break the lower border of the channel and continue falling quotations and Gold prices in the area below the level of 1255. XAU/USD Forecast Gold prices on April 26, 2017 In favor of falling quotes XAU/USD stands Breakdown of the ascending trend line on the indicator of relative strength. The cancellation of the variant of falling quotations and prices for Gold will be a strong growth and breakdown of the…
Quotations of the currency pair New Zealand Dollar against the US Dollar NZD/USD continue to be traded in the downward channel at the level of 0.6984. It is worth waiting for an attempt to continue lowering the quotes of the pair into the area below the level of 0.6880. NZD/USD New Zealand Dollar Forecast on April 26, 2017 In favor of the fall is the breakdown of the ascending trend line on the indicator of relative strength. The cancellation of the NZD/USD decline will result in a strong increase in the breakdown of the 0.7060 area, which indicates that the…
The currency pair US Dollar to Swiss Franc USD/CHF continues to trade at the level of the right shoulder of the reversal Forex Head and Shoulder models. It is worth expecting an attempt of a slight drop in quotations and the beginning of growth in the area of the Neck line near the level of 1.0050. USD/CHF Forecast Dollar to Franc on April 26, 2017 In favor of growth of quotations of the pair is the formation of a reversal model on the indicator of relative strength. The abolition of the growth variant of the Dollar Franc pair will be…
The currency pair US Dollar to Russian Ruble USD/USD continues to trade near the area of 55.82. The pair continues to test the area of the lower margin of the Forex model Wedge. It is worth to expect an attempt to fall into the area below the level of 55.50 and the beginning of the growth of the Dollar Ruble pair quotations within the framework of the Forex Execution of the Wedge model. USD/RUB Forecast US Dollar to Ruble on April 26, 2017 Expect to accelerate the growth of USD/RUB is the breakdown of the upper limit of the model.…
Quotes of stock index NIKKEI 225 are trading at 19073. The index was able to break the upper boundary of the downward channel and at the moment there is a potential for continuing the growth of quotations in the region above the level of 19450. In favor of the growth of the NIKKEI 225 index breakdown of the resistance line on the indicator of relative strength. Technical analysis & NIKKEI 225 forecast on April 26, 2017 However, we should not exclude the attempt of the test of this line and only after this continuation of the growth of quotations of…