The currency pair US Dollar to Japanese Yen USD/JPY closed the current trading month at 111.39. The pair was able to penetrate the lower border of the rising channel, which indicates a potential continuation of the decline in the area below the level of 107. USD/JPY Forecast Japanese Yen on April 2017 In favor of falling quotes of the Dollar Yen pair in April 2017, breakdown of the upward trend line on the relative strength indicator, indicating a breakdown of a similar line in the price chart. The cancellation of the USD/JPY decline will be strong growth above the level…
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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.
Quotes of BRENT oil finished the current trading month at the level of 53.67 dollars per barrel. Oil continues to move within the upward channel and at the moment there is still potential for continuing a slight increase in the area above the level of $ 56 per barrel, from which one should expect a fall attempt as part of the development of the reversal Forex model of the Head and shoulders model on the relative strength indicator. Analysis and BRENT crude oil Forecast on April 2017 With the breakdown of the upward trend line on the indicator of relative…
The currency pair US Dollar to Russian Ruble USD/RUB closed the current trading month at the level of 56.40 rubles to the US dollar. The Russian ruble shows a strong strengthening and was able to test the area 55 rubles per dollar. At the moment, the potential remains for the pair to rebound into the region of the nearest resistance near the level of 62 rubles per US dollar. USD/RUB Forecast Dollar Ruble on April 2017 Breakdown of this level will indicate the end of the decline in the pair USD/RUB and the continued growth of the US dollar. In…
The currency pair US Dollar to Canadian Dollar USD/CAD finished the current trading month at 1.3317. The pair continues to trade within the framework of an upward correction and at the moment there is still a potential for continuing growth in the area above 1.39 level. However, we should not exclude the attempt to fall below 1.32 as part of the formation of the upside-down Head and Shoulders model, which will indicate the continued growth of the USD/CAD pair. USD/CAD Forecast Canadian Dollar on April 2017 In favor of a pair of quotes rebound, an uptrend test on the relative…
The currency pair New Zealand Dollar to US Dollar NZD/USD closed its current trading month at the level of 0.7000. At the moment, the pair continues to trade in the downward model 5-0, which indicates a continuation of the decline in the area below the level of 0.65. NZD/USD Forecast New Zealand Dollar on April 2017 In favor of the fall is the breakdown of the lower boundary of the ascending channel, which also implies the completion of the upward correction and the continuation of the fall of the pair. The cancellation of the NZD/USD pair decline may result in…
The currency pair Australian Dollar to US Dollar AUD/USD has completed the current trading month at the level of 0.7625. The pair continues to trade within the framework of the Triangle model and at the moment the quotes are pushing towards the upper limit of the model. It is worth waiting for an attempt to continue the decline in the lower boundary area near the level of 0.73. AUD/USD Forecast Australian Dollar on April 2017 In favor of continuing the fall of AUD/USD is the breakdown of the upward trend line on the relative indicator, which indicates a potential breakdown…
The currency pair US Dollar to Swiss Franc USD/CHF Dollar finished the current trading month at 1.0026. The pair continues to trade within the rising channel and was able to show a rebound from the lower border. It is worth waiting for an attempt to continue growth with a potential breakdown of the local maximum region. USD/CHF Forecast Swiss Franc on April 2017 In favor of the continued growth in the dollar-dollar quotes, in April 2017, a rebound from the upward support line on the relative strength indicator, which also indicates the continuation of the upward trend in the USD/CHF…
Quotes of Gold XAU/USD completed the trading month at 1248. At the moment Gold continues to move within the downward Forex model 5-0 with the potential to decline near the area of 1125. In favor of falling quotations and prices for Gold is the test of the resistance area on the indicator of relative strength. XAU/USD Forecast Gold prices on April 2017 Expect to accelerate the fall of quotations is with the breakdown of the nearest support area at the level of 1185, in this case, expect the completion of the formation of the reversal model Double Top at small…
The currency pair US Dollar to Russian Ruble USD/RUB is trading at 56.40. 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, quotes of the pair move between the lower and middle boundaries of the bands of the indicator Bollinger Bands. It is worth waiting for an attempt to grow and test the middle border of the Bollinger Bands indicator strip, where again we should expect an attempt to continue falling with the first goal near the…
The Stock Index NASDAQ is trading at 5437.3. NASDAQ continues to move above the moving average with a period of 55, indicating a bullish trend for the NASDAQ. At the moment, the quotes of the exchange index move between the upper and middle boundaries of the bands of the indicator Bollinger Bands. We should expect an attempt to fall near the level of 5420.0, where again we should expect an attempt to continue growth with the first target near the level of 5465.0. Bollinger Bands NASDAQ forecast on April 3, 2017 The conservative buy area is near the lower border…