The currency pair US Dollar to Swiss Franc USD/CHF continues to develop an upward trend, but at the moment there are risks of developing a pair correction with a potential downside target near the 0.9955 area. USD/CHF Forecast Swiss Franc on April 5, 2017 In favor of the decline is the formation of the head and shoulders reversal pattern on the price chart, as well as the downward resistance line test on the relative strength indicator. The cancellation of the variant of the breakdown of the region is 1.0050, which will indicate the cancellation of the model and the continued…
Author: forex24pro
The currency pair US Dollar to Russian Ruble USD/RUB continues to build on the support area and at the moment there is still a potential for growth development with the aim above the region of 58 rubles per US dollar. In favor of the pair’s rebound is the breakdown of the downward trend line on the indicator of relative strength. USD/RUB Forecast Dollar Ruble on April 5, 2017 To talk about the completion of the downward trend development is only with the breakdown of the region of 59.65 rubles to the US dollar. The cancellation of the option will be…
Gold XAU/USD is trading at the level of 1257.71. Gold is trading above the moving average with a period of 55, indicating a bullish trend for gold. At the moment, Gold quotes test the upper boundary of the Bollinger Bands indicator bars. It is worth to expect a decline attempt near the level of 1250.00, where again we should expect an attempt to continue growth with the first goal near the level of 1275.00. Bollinger Bands XAU/USD forecast on April 5, 2017 The conservative shopping area is located near the lower border of the Bollinger Bands indicator strip at the…
The currency pair US Dollar to Russian Ruble USD/RUB is trading at 56.63. The pair continues to move below the level of the moving average with a period of 55, indicating a bearish trend in the US dollar against the Russian Ruble. At the moment, quotations Pairs test the average border of the bars of the indicator Bollinger Bands. It is worth to expect an attempt to grow and test the moving average near the level of 57.30, where again we should expect an attempt to continue falling with the first goal near the level of 55.40. Bollinger Bands USD/RUB…
The currency pair US Dollar to Japanese Yen USD/JPY is trading at 110.461. The pair continues to move below the moving average level with a period of 55, indicating a bearish trend for the US Dollar Yen. At the moment, quotes of the pair test the lower boundary of the bands of the Bollinger Bands indicator. It is worth waiting for an attempt to grow and test the middle border of the bands near the level of 111.120, where again we should expect an attempt to continue falling with the first target near the level of 109.400. Bollinger Bands USD/JPY…
The currency pair US Dollar to Swiss Franc USD/CHF is trading at 1.0029. The pair is trading above the moving average with a period of 55, indicating a bullish trend for the US Dollar Frank. At the moment, quotes of the pair move between the upper and middle borders of the indicators of the Bollinger Bands indicator. It is worth waiting for an attempt to test the middle border of the bands near the level of 0.9980, where again we should expect an attempt to continue growth with the first target near the level of 1.0130. Bollinger Bands USD/CHF forecast…
The currency pair Pound to US Dollar GBP/USD is trading at 1.2425. Quotes Pairs are traded below the moving average with a period of 55, indicating a bearish trend for the Pound Dollar. At the moment, quotes of the pair begin to test the lower border of the bands of the indicator Bollinger Bands. It is worth waiting for an attempt to grow and test the middle border of the bands near the level of 1.2470, where again we should expect an attempt to continue falling with the first target near the level of 1.2260. Bollinger Bands GBP/USD forecast on…
The currency pair Euro to British Pound EUR/GBP is trading at 0.8570. The pair continues to trade below the moving average with a period of 55, indicating a bearish trend for the Euro Pound. At the moment, quotes of the pair test the average border of the bars of the indicator Bollinger Bands. It is worth waiting for the test of the moving average test near the level of 0.8610, where again we should expect an attempt to continue the decline with the first goal near the level of 0.8460. Bollinger Bands EUR/GBP forecast on April 5, 2017 The conservative…
Brent crude is trading at $ 52.86 a barrel. Quotes for Oil are traded above the average with a period of 55, which indicates the existence of a bullish trend for Brent Oil. At the moment, quotes of the pair test the average border of the bars of the indicator Bollinger Bands. It is worthwhile to expect a moving average test with a period of 55 near the level of 52.30, from which one should expect an attempt to continue growth with the first goal near the level of 54.60. Bollinger Bands Brent forecast on April 5, 2017 The conservative…
The currency Pair Euro Dollar EUR/USD is trading at 1.0650. Quotes Pairs continue to trade below the moving average with a period of 55, indicating a bearish trend for the euro dollar. At the moment, the quotations of the pair move between the lower and middle boundaries of the bands of the Bollinger Bands indicator. It is worth waiting for an attempt to test the middle border of the indicator bars near the level of 1.0680, where again we should expect an attempt to continue falling with the first goal near the level of 1.0540. Bollinger Bands EUR/USD forecast on…