Author: 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 trading week at the level of 53.67 dollars per barrel. Oil could show a rebound from the bottom of the rising channel and at the moment there is still potential for continued growth of quotations and oil prices in the region above the level of $ 55 per barrel. Where can we expect a rebound and the beginning of the fall in oil prices in the region below the level of $ 50 per barrel. BRENT crude oil Prediction on April 3, 2017 — April 7, 2017 In favor of the fall of oil,…

Read More

The currency pair Australian dollar to US dollar AUD/USD finished the trading week at the level of 0.7625. The pair continues to move within the framework of the Triangle model and at the moment the potential for a pair of pair quotes from the upper boundary of the model remains and the beginning of the fall into the area below the level of 0.72. AUD/USD Prediction on April 3, 2017 — April 7, 2017 In favor of the fall is the formation of the reversal Forex model Double top, with breakdown of the trend line on the price chart, we…

Read More

The currency pair Canadian dollar to US dollar USD/CAD has completed the trading week at 1.3317. The pair continued to trade within the lateral trend, but at the moment there is a potential for falling quotations in the area of the lower border of the rising channel. In favor of the decline is the formation of the reversal forex model Head and shoulders on the indicator of relative strength. USD/CAD Prediction on April 3, 2017 — April 7, 2017 The abolition of the decline option will be a breakdown of the level of the right shoulder and the growth of…

Read More

Quotations of the currency pair US Dollar to Japanese Yen USD/JPY completed the trading week at the level of 111.39. The pair is testing the breached border of the upward channel and at the moment the potential for falling of the Yen Dollar quotes to the area below the level of 107 is maintained. In favor of the drop is the breakdown of the upward trend line on the relative strength indicator, which also indicates the continued decline of the pair USD/JPY. USD/JPY Prediction on April 3, 2017 — April 7, 2017 The abolition of the reduction option will be…

Read More

Quotes Gold XAU/USD completed the trading week at 1248. Gold quotes continue to move within the downward channel and at the moment there is still potential for continuing the decline after a tight test of the upper border of the channel. In favor of the drop, a resistance area test will be performed on the relative strength indicator. XAU/USD Prediction on April 3, 2017 — April 7, 2017 Cancellation of the variant of falling prices for Gold will be performed by the breakdown of area 1260, which will indicate the continued growth of XAU/USD. Here, the reversal Forex forex model…

Read More

Quotations of the currency pair New Zealand dollar against the US dollar NZD USD completed the trading week at 0.7008. The pair continues to decline in the downward channel and at the moment there is a potential for continuing the decline in the area below the level of 0.68. NZD/USD Prediction on April 3, 2017 — April 7, 2017 The cancellation of the option may be a strong growth and breakdown of the area of 0.7160, which will indicate the continued growth of the NZD/USD pair in the area above the level of 0.7350. Expect to accelerate the fall in…

Read More

The currency pair US Dollar to Franc USD/CHF finished the trading week at 1.0026. The pair was able to show strong growth from the support area and at the moment there is still a potential for continuing growth in the area of 1.02. In favor of the growth of USD/CHF quotes, a breakdown of the downward trend line will occur on the indicator of relative strength. USD/CHF Prediction on April 3, 2017 — April 7, 2017 To wait for completion of the correction, it is important to see the breakdown of the upper boundary of the descending channel, which indicates…

Read More

The currency pair US Dollar to Ruble USD/RUB finished the trading week at the level of 56.40 rubles to the US dollar. The pair continues to develop a downward trend, but at the moment there is still potential for a rebound and simple quotes for the Dollar Ruble pair in the region above the level of 58 rubles per dollar. USD/RUB Prediction on April 3, 2017 — April 7, 2017 In favor of the rebound will perform a tight test of the support line on the indicator of relative strength. Expect the completion of the fall is with the breakdown…

Read More

Brent crude OIL is trading at $ 53.13 per barrel. Brent crude continues to trade above the upper limit of the Ichimoku Cloud, indicating an upward trend in oil. It is expected to test the area of signal lines near the level of 52.30, from which one should expect an attempt to grow and develop the bullish trend for Petroleum Brent in order to increase the level of 53.90. Ichimoku Forecast Brent crude Oil on April 3, 2017 Earlier, we received a weak signal for purchases of Brent Oil, due to the crossing of the signal lines at the level…

Read More

Gold XAU/USD is trading at the level of 1242.27. Gold is traded inside the Ichimoku Cloud, which indicates the presence of a lateral trend for Gold. It is expected to test the upper boundary of the Ichimoku Cloud near the level of 1246.00, from where one can expect another test, the lower boundary, near the level of 1231.00. Ichimoku Forecast XAU/USD on April 3, 2017 Earlier, a weak signal was received for the sale of Gold, due to the intersection of signal lines at the level of 1251.50. Consider selling is worth breaking through the lower boundary of the Ichimoku…

Read More