Quotes of Gold XAU USD continue to move within the framework of the development of an upward correction, at the moment the quotations of Gold tightly test the upper limit of the downward Forex of the 5-0 model. It is worth waiting for the attempt to rebound and the beginning of the fall of quotations in the area below the level of 1195. XAU/USD Forecast Gold on March 17, 2017 In favor of the beginning of the decline, test the resistance area on the indicator of relative strength. Canceling the continuation of the fall will be the breakdown of the…
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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 of the Canadian dollar to the US dollar USD CAD went into the development of correction, but at the moment the quotes of the pair are testing the area of the lower border of the rising channel. We should expect an attempt to rebound and continue the pair’s growth within the framework of upgrading the upward Forex 1:1 model with a potential growth target above the level of 1.3550. USD/CAD Forecast Canadian Dollar on March 17, 2017 In favor of growth is the test of the support area on the indicator of relative strength. The cancellation of…
Trading signals Japanese Yen USD/JPY on March 16, 2017 Buy from the level (112.82), StopLoss set for 111.60, the target of growth is 114.60. Trading signals Euro Dollar EUR/USD on March 16, 2017 Sale from the level of 1.0750, StopLoss set for 1.0780, the target of the fall is 1.0550. Trading signals New Zealand Dollar NZD/USD on March 16, 2017 Buy from the level (0.6950), StopLoss set for 0.6900, the target of growth is 0.7060.
Quotes of WTI crude oil are traded at the level of 49.40 dollars per barrel. At the moment the quotations continue to be traded at the lower level of the moving average with a period of 55, which implies the continuation of the development of a downward trend in oil. The purpose of the fall is the area at a level below $ 48 per barrel. Bollinger Bands forecast WTI oil on March 16, 2017 The breakdown of this area will indicate the outflow of quotes beyond the lower boundary of the Bollinger Bands and the continuation of the decline.…
The currency pair Euro Pound EUR/GBP is trading at 0.8727. The pair continues to trade above the moving average, which indicates the continuation of the development of bullish tendencies for the pair. At the moment, the Euro pound quotes were able to push away from the lower border of the Bollinger Bands indicator bars, which implies continued growth of the pair with the first target near the level of 0.8790. Bollinger Bands forecast EUR/GBP on March 16, 2017 Breakdown of this area will indicate the acceleration of the development of the upward trend. Canceling the continuation of the bullish trend…
The currency pair EUR/JPY is trading at 121.66. The pair continues to trade above the moving average with a period of 55, which indicates the continuation of the upward trend in the pair. At the moment, quotes were able to push away from the lower border of the Bollinger Bands indicator bars, which suggests that the growth will continue to the area above the level of 123.00. Bollinger Bands forecast EUR/JPY on March 16, 2017 Breakdown of the upper boundary of the indicators of the Bollinger Bands indicator will indicate the acceleration of the growth of the pair. The abolition…
The currency pair Pound Franc GBP/CHF is trading at 1.2290. The pair continues to trade below the level of the moving average with a period of 55, which indicates the continuation of the downward trend in the pair. At the moment, quotes of Pound Frank have pushed off the upper border of the Bollinger Bands indicator bars, which implies a drop to the area below the level of 1.2190. Bollinger Bands forecast GBP/CHF on March 16, 2017 The cancellation of the variant of the fall in quotations will be the breakdown of the area of 1.2360, which will indicate a…
Currency pair Dollar Franc USD CHF continues to move within the downward channel, the pair quotes have not yet been able to break the upper limit, which would indicate the continuation of the upward trend development with the target above the level of 1.0250. At the moment, there are risks to see a tight test of the lower border of the uplink near the level of 1.0060, from which one should expect a rebound and another attempt to breakdown the local maximum area. USD/CHF Forecast Swiss Franc on March 16, 2017 In favor of the growth option is the formation…
Quotations of the currency pair New Zealand Dollar against the US Dollar NZD USD continue to move within the descending channel. At the moment, there is potential for an attempt to rebound from the resistance area and continue falling into the area below the level of 0.6850. NZD/USD Forecast New Zealand Dollar on March 16, 2017 In favor of the decline is the test of the downward trend line on the indicator of relative strength. Canceling the option will break the trend line on the indicator of relative strength, which indicates the continuation of dew to the upper boundary of…
Quotes of Gold XAU USD continue to move within the development of correction. At this point, we should expect a tight test of the resistance area near the level of 1220 as part of the Forex model development. The failed swing on the indicator of relative strength. XAU/USD Forecast Gold price on March 16, 2017 Near the resistance level, one should expect an attempt to rebound and fall Gold quotations to the area below 1185. The cancellation of the option may be a strong increase in the price of Gold for the breakdown of the 1235 area, which will indicate…