Quotations of the dollar yen USD JPY continued to fall and were able to leave the ascending channel. At the moment, we should not exclude the attempt to correct and continue falling into the area below the level of 111.00. USD/JPY Forecast Japanese Yen on March 22, 2017 In favor of the fall is the breakdown of the upward trend line on the relative strength indicator, as well as the rebound from this line, also the pair tests an important support area, the breakdown of which indicates the completion of the upward trend in the pair. Important news from Japan…
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.
Currency pair Australian Dollar to US Dollar AUD USD continues to trade near the resistance area and at the moment there is a potential for rebound and fall into the support area near the 0.76 area. In favor of the fall is the breakdown of the ascending trend line on the indicator of relative strength. AUD/USD Forecast Australian Dollar on March 22, 2017 Cancellation of the option can be a breakdown of the area 0.7770, which indicates the exit of quotations outside the Triangle model, which will indicate the continued growth of the AUD/USD pair. Among the important news from…
The currency pair pound dollar GBP USD left the descending channel, but there is still potential for falling to the area of the nearest support within the framework of the development of the reversal Forex model. The failed swing on the indicator of relative strength. GBP/USD Forecast Pound Dollar on March 22, 2017 The purpose of falling and working off of such model is the area at the level of 1.2350. The cancellation of the option will be continued growth and closing of the pound dollar quotes above the 1.25 area. Important events from Britain, which may have an impact…
The currency pair euro dollar EUR USD continues to move within the framework of strong growth and at the moment the quotes of the pair break through the upper limit of the Triangle model, consolidation above these levels may indicate continued growth in the area above level 1.10 within the Triangle model. EUR/USD Forecast Euro Dollar on March 22, 2017 However, at the moment, the next Wedge model is being formed on smaller time intervals, which indicates a potential decrease in the euro dollar, to consider selling costs with a breakdown of the trend line on the indicator of relative…
Trading signals Japanese Yen USD/JPY on March 21, 2017 Purchase at the current price (112.75), StopLoss is set at 112.20, the target of growth is 113.50 Trading signals Australian Dollar AUD/USD as of March 21, 2017 Buy at the current price (0.7708), StopLoss set for 0.7680, the target of growth 0.7750 Trading signals Canadian Dollar USD/CAD as of March 21, 2017 Selling at the current price (1.3340), StopLoss is set for 1.3370, the target of the fall is 1.3270
The currency pair EUR USD continues to move within the framework of the Forex Triangle model and at the moment the quotes of the pair are repelled from the upper limit of the model. It is worth to expect an attempt to fall into the area below the level of 1.0620, the breakdown of which will indicate a decrease in the area of the lower boundary of the model. EUR/USD Forecast Euro Dollar on March 21, 2017 In favor of the decline is the formation of the reversal Forex Head and Shoulder models on the relative strength indicator, as well…
The currency pair pound dollar GBP USD continues to move within the descending channel and at the moment the quotes have reached the upper channel boundary level. It is worth waiting for an attempt to rebound and fall into the area below the level of 1.21. GBP/USD Forecast Pound Dollar on March 21, 2017 In favor of the fall in the quotations of the pound dollar, a tight test of the downward trend line enters the indicator of relative strength. The cancellation of the GBP/USD fall will be the breakdown of the area of 1.2440, which will indicate the continued…
Currency Pair Australian Dollar to US Dollar AUD USD continues to trade near the upper limit of the Forex Triangle model, one should expect an attempt to rebound and fall of the pair’s quotes. In favor of the decline is the formation of a reversal forex model of the Head and shoulders on the indicator of relative strength. AUD/USD Forecast Australian Dollar on March 21, 2017 Expect to accelerate the fall is with the breakdown of the lower boundary of the rising channel. The cancellation of the option may result in a strong growth of the pair above the 0.7790…
Quotations of the currency pair USD JPY continued to fall and have now approached the key support level near the area of 111.75. The pair continues to test the area of the lower border of the rising channel and there is a potential for rebound and continuing growth with the first target near the level 115.50. USD/JPY Forecast Japanese Yen on March 21, 2017 In favor of growth, perform a tight test of the support area on the indicator of relative strength. The cancellation of the growth variant of the Yen Dollar pair will be the fall and breakdown of…
Quotes of BRENT oil continue to move within the downward trend, at the moment quotes are pushing from the upper boundary of the descending channel and there is a potential for continuing the fall in the area below the level of $ 49 per barrel. BRENT Forecast oil prices on March 21, 2017 In favor of falling quotations and oil prices is the rebound of values of the indicator of relative strength from the descending line of the trend. The abolition of the variant of oil reduction will be the breakdown of the region at $ 53 per barrel, which…