Currency Pair Euro Australian Dollar EUR/AUD is trading at 1.4034. The pair continues to move within the framework of the downward forex model of the Wolfe wave for the purpose of the offspring at 1.3830. Also on the pair is formed a reversal forex head and shoulders model with the goal of working at the level of 1.3570. Forex Trading signals EUR/AUD on March 17, 2017 At the moment, quotes are testing the area of formation of the right shoulder of the model, from which one should expect the beginning of the decline. Forex Trading signals EUR/AUD on March 17,…
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 Pound Dollar GBP/USD is trading at 1.2354. The pair is testing the range of the bear market forex range of the Wolfe wave for the purpose of falling and working off at 1.2240. Forex Trading signals GBP/USD on March 17, 2017 It is necessary to expect the beginning of the fall from the current levels, the abolition of the option will be the breakdown of the area of 1.2395. Forex Trading signals GBP/USD on March 17, 2017, involves the sale of the GBP/USD currency pair from the current levels, with a protective stop-loss at 1.2395, the take-profit is…
Currency pair US Dollar Mexican Dollar USD/MXN is trading at the level of 19.21. At the moment, the pair is testing the lower limit of the bull forex model of the Wolfe wave for the purpose of pair growth and model development at 20.05. Forex Trading signals USD/MXN on March 17, 2017 The pair is repelled from the area of the suite zone and there is a possibility of the beginning of growth already in the very near future. Abolition of the development of the bullish trend will be the breakdown of the area of the suite zone on the…
The currency pair of the euro dollar EUR USD continues to move within expectations, the pair showed growth slightly higher than expected, but the potential for falling quotations of the euro dollar remains. In favor of the decline in quotes EUR/USD is the forcing of the reversal Forex Model Head and shoulders on the indicator of relative strength. EUR/USD Forecast Euro Dollar on March 17, 2017 The immediate goal of the decline is the area at the level of 1.0620, the breakdown of which will indicate the continuation of the decline in the area below the level of 1.05. By…
Quotes of BRENT crude oil continue to move in a downward trend, but quotes have left the limits of the downward channel. At the moment, we should expect a tight test of the area above the level of $ 53 per barrel and the continuation of a decline in the region of $ 50. Analysis and forecast BRENT oil prices on March 17, 2017 In favor of the drop, protrude a tight test of the resistance area on the indicator of relative strength. The cancellation of the option knows the breakdown of the region at 53.50 dollars per barrel, which…
Quotes of the USD JPY could show a drop and at the moment quotes are testing the area of the lower border of the ascending Forex model 5-0. It is worth waiting for an attempt to rebound and continue growth in the area above the level of 115.50. USD/JPY Forecast Japanese Yen on March 17, 2017 In favor of the growth option is 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 the 113.00 area, which will indicate…
Currency pair Australian Dollar to US Dollar AUD USD has shown strong growth and at the moment quotes are testing the upper bound of the Forex forex Triangle model. It is worth the attempt to rebound and fall into the area below the level of 0.7640, the breakdown of which will indicate the continuation of the decline in the area below the level of 0.7520. AUD/USD Forecast Australian Dollar on March 17, 2017 In favor of the rebound option is the resistance area test on the relative strength indicator. Canceling the variant of falling quotations AUD/USD will break through the…
Currency Pound Pound Dollar GBP USD continues to move within the descending channel. At the moment, the pair’s quotes are testing the resistance area and there are risks of falling into the 1.21 area. In favor of the option of reducing the pound-dollar pair, act as a tight test of the downward trend line on the relative strength indicator. GBP/USD Forecast Pound Dollar on March 17, 2017 The abolition of the fall variant will be a breakdown of the region of 1.23, which indicates the continuation of growth in the region of the upper boundary of the descending channel near…
Currency pair dollar franc USD CHF continues to move within the descending channel, quotes were able to show a strong decline and at the moment there is a potential for continuing the development of the fall as part of the downgrade model 5-0. USD/CHF Forecast Dollar Franc on March 17, 2017 The purpose of the fall is the area near the level of 0.9850. However, we should not exclude the correction of quotations in the upper boundary of the descending channel, where again we should expect a fall. In favor of the development of upward correction from current levels, a…
Quotations of the currency pair New Zealand Dollar against the US Dollar NZD USD continue to move within the downward Forex model 1:1 to fall below the area of 0.6850. In favor of the continuation of the fall in the quotes of the pair NZD/USD, there is a tight test of the resistance area on the indicator of relative strength. NZD/USD Forecast New Zealand Dollar on March 17, 2017 The cancellation of the option will be the breakdown of the area 0.7070, which indicates the continuation of the upward trend in the pair. We are trying new positions in favor…