Quotations of the currency pair US Dollar to Japanese yen USD/JPY continue to be traded within the descending channel and at the moment there is still potential for the pair to fall below the local minimum level within the framework of the bear model 5-0. In favor of falling quotations of the pair USD/JPY is the breakdown of the upward trend line on the indicator of relative strength, which also indicates a drop already from the current levels. The cancellation of the decline of the pair of Yen Dollar pair quotations will result in strong growth and breakdown of the…
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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 to US Dollar AUD USD continues to decline and at the moment the pair has tested the support area. It is worth waiting for an attempt to continue falling quotations of the pair in the area below the level of 0.7535. In favor of the fall is the breakdown of the line of the neck on the indicator of relative strength, which indicates the continuation of the decline and development of the reversal forex model of the head and shoulders. Cancellation of the fall option will be a strong increase above the level of 0.7680, indicating…
Currency pair pound dollar GBP/USD continues to test the area near the level of 1.25. At the moment, the potential for a drop in quotations of the pound dollar remains below the level of 1.23. In favor of the fall is the formation of a reversal model. The double top, to expect the acceleration of the fall is with the breakdown of the upward trend line, as well as the support area near 1.2360. Cancellation of the variant of the fall of quotations of the pound dollar will be the breakdown of the area of 1.2620, which will indicate the…
The currency pair Euro Dollar EUR/USD continues to fall and at the moment there is a probability of a decline to the area below the level of 1.0560. In favor of the fall is the breakdown of the trend line on the indicator of relative strength. With the breakdown of the region 1.0560, it is expected to accelerate the fall of the pair to the local minimum area of 1.0350. The cancellation of the variant of falling quotations of the euro dollar will be a rise above the level of 1.0740, which will indicate the continuation of the development of…
The currency pair US Dollar to Swiss Franc USD/CHF continues to grow and at the moment the potential for the test area of 1.0140 remains. In favor of the continued growth of the Dollar Franc forex pair is the test of a broken trend line on the indicator of relative strength. The cancellation of the pair’s growth option may be the fall and breakdown of the area 0.9980, which will indicate the continuation of the development of the downward correction in the pair. USD/CHF Forecast Swiss Franc on April 4, 2017 Important news from Switzerland, which may have an impact…
Quotations of the currency pair New Zealand Dollar against the US Dollar NZD USD continue to decline, but at the moment there are risks to see the pair’s growth in the area above 0.7080 as part of the development of the head and shoulders reversal pattern on the relative strength indicator. Canceling the option growth will be a breakdown of the area of 0.6950, indicating that the price of NZD/USD will continue to decline. NZD/USD Forecast New Zealand Dollar on April 4, 2017 Among the important news from New Zealand, which may have an impact on the NZD/USD exchange rate,…
Quotes of Gold XAU/USD continue to move near the area of 1245. At the moment there is the potential for a simple quotation in the raid above the level of 1253. In favor of the rebound is the formation of the reversal Forex Head and shoulders models on the indicator of relative strength, and also on the price chart itself. After the test of area 1253 it is necessary to expect continuation of decrease in prices for Gold. XAU/USD Forecast Gold prices on April 4, 2017 Cancellation of the rebound option may become a breakdown of the area 1238, which…
Trading signals Euro Dollar EUR/USD on April 3, 2017 Buy from the level of 1.0640, StopLoss is set for 1.0610, the target of growth is 1.0900. Trading signals Canadian Dollar USD/CAD on April 3, 2017 Buy at the current price of 1.33325, StopLoss set for 1.3270, the target of growth is 1.3460. Trading signals Japanese Yen USD/JPY on April 3, 2017 Sale from the level (111.75), StopLoss set for 112.20, the target of the decline is 110.00.
The currency pair Euro Dollar EUR/USD has completed the current trading month at the level of 1.0653. At the moment, the potential for continuing the fall of quotations of the euro dollar in the region of the local minimum near the level of 1.0350 remains, with a probable breakdown of this region. In favor of the fall is the test of the downward trend line on the indicator of relative strength. EUR/USD Forecast Euro Dollar on April 2017 The cancellation of the variant of the EUR/USD pair falling may be the strong growth and breakdown of the area 1.0970, which…
The currency pair Pound to Dollar GBP/USD has completed the current trading month at 1.2545. The pair continues to move within the descending channel and at the moment there is still potential for continuing the decline of the pound-dollar pair. GBP/USD Forecast British Pound on April 2017 Quotations test the upper limit of the forex model of the Triangle, which indicates a possible rebound and a fall to the lower boundary of the model, with a breakdown which is expected to accelerate the fall in the area below the level of 1.17. In favor of falling quotations GBP/USD is the…