The currency pair US Dollar to Swiss Franc USD/CHF finished the trading week at 0.9955. The pair continues to move within the ascending channel. At the moment, we should expect an attempt to fall and test the area of 0.9860, as part of the formation of the right shoulder of the reversal Forex Head and Shoulder models, where we can expect the pair to start growing. USD/CHF Forecast Swiss Franc on April 24 — 28, 2017 In favor of the rebound of quotations, Dollar Franc will perform an upward support test on the relative strength indicator. Expect the acceleration of…
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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.
The currency pair US Dollar to Russian Ruble USD/RUB finished the trading week at the level of 56.40 rubles to the US dollar. The pair continues to trade in the forex model of Wedge, the breakdown of which will point to the completion of the decline and the beginning of the growth of the Dollar Ruble quotations to the area above the level of 60 rubles per US dollar. USD/RUB Forecast Dollar Ruble on April 24 — 28, 2017 In favor of the growth of the pair will breakdown the downward trend line on the indicator of relative strength. In…
The currency pair Australian Dollar to US Dollar AUD/USD continues to move within the framework of the downward Forex model 5-0 and at the moment the pair is trading near the upper border of the channel. It is expected to rebound and fall in quotations in the area below the level of 0.7480. AUD/USD Forecast Australian Dollar on April 24, 2017 In favor of falling quotations of the Australian Dollar pair is the test of the downward resistance line on the indicator of relative strength. Cancellation of the variant of falling quotations of the pair will be the breakdown of…
The currency pair pound dollar GBP/USD continues to trade within the upward channel and at the moment it is necessary to expect a tight test of the lower limit and the continuation of growth in the area above the level of 1.29. In favor of the growth of quotations, the pound dollar is the test of an upward support line on the indicator of relative strength. GBP/USD Forecast British Pound on April 24, 2017 The cancellation of the growth option will be the GBP/USD quotations will fall and breakdown of the area of 1.2730, which will indicate the continued decline…
The currency pair Euro Dollar EUR/USD continues to be traded within the framework of the upward correction, but at the moment there is a potential for completing the formation of the reversal Forex Head and Shoulder models and the continuation of the fall of the euro dollar quotations to the area below the level of 1.0650. EUR/USD Forecast Euro Dollar on April 24, 2017 The breakdown of this area will indicate the continuation of the decline to the area below the level of 1.0560. In favor of falling quotes EUR/USD is the breakdown of the upward trend line on the…
The currency pair is the Canadian Dollar to US dollar USD/CAD continues to move within the upward trend and is currently trading near the area of 1.3462. At this point, we should expect a tight test of the lower border of the uplink and continue growth in the area above the level of 1.3550. USD/CAD Forecast Canadian Dollar on April 24, 2017 In favor of the growth of quotations of the pair USD/CAD will perform a test of the support line on the indicator of relative strength. The cancellation of the growth variant of the Canadian dollar pair will be…
Quotes of BRENT crude oil continue to move within the development of the decline and at the moment oil quotes have broken the lower border of the rising channel and are testing the support area. It is expected to continue the decline in oil prices in the area below the level of $ 52 per barrel, in favor of falling quotes is a tight test of the downward trend line on the indicator of relative strength. Analysis and forecast BRENT on April 24, 2017 The cancellation of the variant of falling quotations and oil prices will be a breakdown of…
Quotations of the currency pair US Dollar to Japanese yen USD/JPY will continue to move in the downward channel and at the moment there is a potential for continuing the decline to the area below the level of 107.50. USD/JPY Forecast Japanese Yen on April 24, 2017 In favor of falling quotations of the pair Yen Dollar is a tight test of the downward resistance line on the indicator of relative strength, as well as the test of the upper boundary of the descending channel. The abolition of the continuation of the decline will be strong growth and breakdown of…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the descending channel and are currently testing the area at 0.7011. It is worth waiting for an attempt to continue the decline in the area below the level of 0.69 within the jail from the upper boundary of the descending channel. NZD/USD Forecast New Zealand Dollar on April 24, 2017 The cancellation of the variant of the New Zealand Dollar quotes drop will be the breakdown of the area of 0.7060, which will indicate the continued growth of the pair’s quotes. Important news from…
Quotes of Gold XAU/USD continue to move within the upward trend and at the moment there is still potential for continuing the growth of quotations in the region above the level of 1300. In favor of the growth of quotations and prices for Gold, the upward trend line test is used on the indicator of relative strength. XAU/USD Forecast Forex Gold on April 24, 2017 Cancellation of the growth option will be a fall and breakdown of the area 1270, which will indicate the continued decline in quotations XAU/USD. XAU/USD Forecast Forex Gold on April 24, 2017 involves an attempt…