Author: 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 test the breached border of the rising channel. At the moment there is still potential for falling of quotes of the pair within the limits of working off of the descending Forex model 5-0 with the potential purpose of reduction near the area of 0.76. AUD/USD Forecast Australian Dollar on March 31, 2017 The cancellation of the fall of the pair will result in a strong growth and breakdown of the 0.77 area, which will indicate that the price of AUD/USD will continue to rise above 0.7760. In favor…

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Quotations of the US Dollar to Japanese Yen USD/JPY continue to trade near the local minimum area. There is a potential for the formation of the reversal forex models of the Head and shoulders and the continuation of the pair’s growth in the area above the level of 112.40. USD/JPY Forecast Dollar Yen on March 31, 2017 In favor of the pair’s growth, the Yen Dollar will perform a tight test of the upward trend line on the indicator of relative strength. The cancellation of the growth option of the pair will be the fall and breakdown of the local…

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Quotes of BRENT oil continue to move within the descending channel, at the moment the resistance area test was conducted near the level of $ 53 per barrel. It is worth waiting for an attempt to rebound from the upper limit of the descending channel and the beginning of the decline in the area below the level of 51 dollars per barrel. BRENT Forecast oil price on March 31, 2017 In favor of the drop is the resistance area test on the relative strength indicator. The cancellation of the variant of falling quotations and oil prices will be a strong…

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The currency pair Canadian dollar to the US dollar USD/CAD continues to move within the lateral trend and at the moment we should expect a tight test of the lower limit of this range, where again the pair will show growth in the area of the upper boundary of the lateral movement. USD/CAD Forecast Canadian Dollar on March 31, 2017 In the case of a breakdown of the lower limit, we expect the pair to continue falling below 1.32. Among the important news from Canada, which can have a strong impact on the Canadian dollar rate, it is worth highlighting,…

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Quotes of Gold XAU/USD continue to trade near the area of 1250. However, at the moment there is still potential for falling quotations and prices for Gold in the area below the level of 1235. In favor of the fall is the breakdown of the upward trend line on the indicator of relative strength, as well as the formation of the reversal Forex model Failed, which indicates the breakdown of the 1240 area by closing prices. XAU/USD Forecast Forex Gold on March 31, 2017 The cancellation of the variant of falling prices for Gold will be the breakdown of the…

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Quotations of the currency pair New Zealand Dollar to the US Dollar NZD/USD continue to move within the framework of the Forex Triangle model. At this point, we should expect an attempt to break the lower boundary of the model and continue falling into the area below the level of 0.69. NZD/USD Forecast New Zealand Dollar on March 31, 2017 In favor of falling quotations of the pair is the test of the downward trend line on the indicator of relative strength. The cancellation of the fall of the pair’s quotes will result in a strong growth and breakdown of…

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The currency pair US Dollar to Swiss Frans USD/CHF continues to move within the framework of growth, but at the moment there are still risks of falling below 0.99. In favor of the drop is the downward resistance line test on the relative strength indicator. USD/CHF Forecast Dollar Swiss Franc on March 31, 2017 In the event of a breakdown of this line on the indicator, we should expect a tight test of a similar trend line on the price chart near the area of 1.0110. The cancellation of the variant of the continued growth of the Dollar Franc pair…

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