Quotes of Gold XAU USD continue to move within the downward Forex model 5-0 with the potential target of falling and working off at a level below the area of 1195. In favor of falling from current levels is the test of the downward trend line on the indicator of relative strength, which also indicates a decline in the nearest time. XAU/USD Forecast Forex Gold on March 20, 2017 The cancellation of the variant of falling quotes and prices for Gold will be a breakdown of the upper limit of the descending channel and the closing of quotes XAU/USD above…
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 Canadian dollar to US dollar USD CAD continues to move within the upward channel. At the moment, the potential remains for rebounding from the lower boundary and continuing the development of the upward trend in the region above the level of 1.3550. USD/CAD Forecast Canadian Dollar on March 20, 2017 In favor of the variant of growth from current levels, there is a rebound from the support area on the relative strength indicator, however, to continue growth, it is important to see the breakdown of the resistance line, which will indicate the acceleration of the upward trend in…
Quotes of BRENT oil continue to move within a downward trend and at the moment there is potential for the formation of a reversal forex model of the Head and shoulders, which will indicate a continued decline in the area below the level of $ 50 per barrel. BRENT Forecast oil prices on March 20, 2017 In favor of accelerating the fall in quotations and oil prices, a breakdown of the uptrend line on the relative strength indicator will come out. The cancellation of the drop in oil quotations will be the breakdown of the channel’s borders and the closing…
Quotations of the currency pair USD JPY continue to test the area of the bottom border of the ascending Forex model 5-0, we should expect an attempt to rebound from this area and start growth with the target near the level of 114.70. USD/JPY Forecast Japanese Yen on March 20, 2017 In favor of the growth option, a breakdown of the downward trend line will appear on the relative strength indicator, which will indicate a breakdown of a similar trend line in the price chart. The cancellation of the option may be the fall and breakdown of the lower boundary…
Currency pair Australian Dollar to US Dollar AUD USD continues to trade near the local maximum area. At the moment, there is a potential for falling quotations in the region at the level of 0.7600 as part of the formation of an upward Forex 5-0 model. In favor of continuing the decline of the pair will breakdown the upward trend line on the indicator of relative strength. AUD/USD Forecast Australian Dollar on March 20, 2017 To expect the continuation of the fall is with the breakdown of the area of 0.7570, which indicates the continuation of the fall in the…
Currency pair Pound Dollar GBP USD continues to move within the downward 1:1 Forex pattern with a potential drop target below the 1.2120 area. In favor of the fall, act as a tight test of the downward trend line on the indicator of relative strength, and also test the resistance area on the price chart. GBP/USD Forecast Pound Dollar on March 20, 2017 The cancellation of the option could be the strong growth of the pound-dollar pair above the level of 1.2480, which will indicate the continuation of the upward trend development along with the potential growth target above the…
Currency pair Euro Dollar EUR USD continues to move within the framework of the Forex Triangle model and at the moment the quotes of the pair have come close to the upper limit of the model. The potential remains for the rebound from the current level and continuation of the fall of the pair into the area below the level of 1.0620, the breakdown of which will indicate the continuation of the fall into the area below 1.05. EUR/USD Forecast Euro Dollar on March 20, 2017 In favor of lowering the quotes of the euro, the dollar from current levels…
Trading signals Japanese Yen USD/JPY on March 17, 2017 Purchase at the current price (113.24), StopLoss put for 112.82, the target of growth is 114.60. Trading signals of the Euro Dollar EUR/USD on March 17, 2017 Buy at the current price of 1.0763, StopLoss is set for 1.0730, the target of growth is 1.0830. Trading signals New Zealand Dollar NZD/USD on March 17, 2017 Buy from the level (0.6950), StopLoss set for 0.6900, the target of growth is 0.7060.
The currency pair EUR USD is trading at the level of 1.0768. At the moment, the bearish wave of Wolf is being formed with the aim of working out at the level below the area of 1.0580. Quotations test the area of the sweets-zone, which indicates a probable start to fall already from the current levels. Forex Trading signals EUR/USD on March 17, 2017 The cancellation of the fall option will be the strong growth of the Euro Dollar above the level of 1.0790. Forex Trading signals EUR/USD on March 17, 2017, involves the sale of the Euro Dollar pair…
Currency pair Australian Dollar Swiss Franc AUD/CHF is trading at 0.7640. At the moment, the pair is trading within the bull model of the Wolf wave for growth and working off at the level of 0.78. Also on the pair is an inverted model of the Head and shoulders, the pair is traded at the level of the right shoulder of the model, from which one can expect the beginning of growth. Forex Trading signals AUD/CHF on March 17, 2017 The cancellation of the option will be the fall and breakdown of the area of 0.7610, which indicates a decrease…