The currency pair Pound to US Dollar GBP/USD continues to develop an upward correction, but at the moment there is still a high potential for the pair to fall below 1.23. In favor of the drop is a rebound from the broken trend line on the indicator of relative strength, as well as the formation of a downward Forex model 5-0 at small time intervals. GBP/USD Forecast Pound to Dollar on April 3, 2017 The cancellation of the fall in the quotations of the pound-dollar pair may be a strong increase above the level of 1.2640, which indicates that the…
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.
The currency pair Australian Dollar to US Dollar AUD/USD continues to benchmark the upper margin of the Forex 5-0 model, which indicates a potential rebound and a continuation of the decline to below 0.76. In favor of the decline is the formation of the reversal Forex Head and Shoulder models on the indicator of relative strength, which also indicates the fall in the quotations of the Australian Dollar pair. AUD/USD Forecast Australian Dollar on April 3, 2017 The cancellation of the reduction option will result in the quotes coming out of the upper boundary of the downward channel, which indicates…
The currency pair US Dollar to Japanese Yen USD/JPY continued growth development and at the moment tight are testing the area of the upper border of the descending channel. It is worth waiting for an attempt to rebound from the border of the channel, as well as from the area of resistance. The purpose of the fall may be a level below the area of 1110.85. USD/JPY Forecast Japanese Yen on April 3, 2017 In favor of lowering the quotations of the pair, the Yen Dollar will break through the upward trend line on the relative strength indicator, which will…
Quotes of BRENT oil continue to move within the descending channel and at the moment it is necessary to expect a tight test of the upper border of the channel near the region of $ 53 per barrel. From this level, there is a potential to see a rebound and continued decline in oil prices in the area below the level of 51 dollars per barrel. Technical analysis & BRENT forecast on April 3, 2017 In favor of falling oil prices is a tight test of the resistance area on the indicator of relative strength. The abolition of the drop…
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the lateral trend. At the moment, there is a high potential for rebounding the pair and continuing growth with the breakdown of the resistance area. In favor of strong growth of quotations of the Canadian dollar is the formation of the reversal forex models of the Head and shoulders. Technical analysis & USD/CAD forecast on April 3, 2017 Cancellation of the growth option will be a fall and breakdown of the area of 1.3280, which will indicate the continued decline in the pair USD/CAD. Expect to accelerate…
Quotes of Gold XAU/USD continue to decline and at the moment the quotes have reached the support area. It is worth expecting a rebound and a test of the resistance area near the level of 1245. Against the resistance level, it is again worth to offend the continuation of the decline in quotations and Gold prices in the area below the level of 1225. XAU/USD Forecast GOLD prices on April 3, 2017 In favor of the drop, the breakdown of the support level on the relative strength indicator appears. The cancellation of the variant of falling quotations and the prices…
The currency pair New Zealand Dollar against the US Dollar NZD/USD continue to decline and at the moment the lower limit of the Forex Triangle pattern was broken. It is expected to continue falling to the area below the level of 0.69. In favor of the drop, the values of the relative strength indicator are rebound from the descending resistance line. NZD/USD Forecast New Zealand Dollar on April 3, 2017 Cancellation of the variant of the New Zealand dollar drop will be triggered by the breakdown of the upper border of the descending channel and the closing of the NZD/USD…
The currency pair US Dollar Swiss Franc USD/CHF continues to move within the framework of growth development. At the moment, the potential for continuing growth in the area above the level of 1.0120 remains. In favor of the growth of quotations of the Dollar Frank pair is a probable breakdown of the downward trend line on the indicator of relative strength, which indicates a test of a similar line on the price chart. USD/CHF Forecast Dollar Swiss Franc on April 3, 2017 Cancellation of the variant of development of growth will be the fall and break of the trend line…
The currency pair US Dollar Ruble USD/RUB continues the development of decline. At the moment, there is still potential for rebound and development of the upward trend in the Dollar Ruble pair to the area above the level of 58 rubles as part of the start of the development of the forex model of the Wolf wave. USD/RUB Forecast Dollar Ruble on April 3, 2017 In favor of the growth of the pair is the uplink support test on the relative strength indicator. The cancellation of the variant of the growth of the Dollar against the Ruble will be the…
Trading signals Euro Dollar EUR/USD on March 31, 2017 Buy from the level of 1.0640, StopLoss is set for 1.0610, the target of growth is 1.0900. Trading signals Canadian Dollar USD/CAD on March 31, 2017 Purchase at the current price of 1.3335, StopLoss set for 1.3270, the target of growth is 1.3460. Trading signals Japanese Yen USD/JPY on March 31, 2017 Sale at the current price (111.79), StopLoss put for 112.20, the target of the reduction is 110.00.