Currency pair Canadian dollar to US dollar USD CAD continues to move within the upward channel and the bullish 1:1 model, which indicates a potential rebound from the lower boundary and the continuation of growth to the area above the level of 1.3550. USD/CAD Forecast Canadian Dollar on March 16, 2017 In favor of the variant of growth is the test of the ascending trend line on the indicator of relative strength. The cancellation of the growth option for the USD/CAD pair will be the breakdown of the 1.3420 area, which will indicate the outflow and the attempt to fall…
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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.
Quotes of BRENT oil continue to move within the downward trend, at the moment we should expect a tight test of the upper limit of the downward channel and the continued decline in quotations and oil prices in the region below the level of $ 50 per barrel. BRENT oil price forecast on March 16, 2017 In favor of the continuation of the fall, a dense test of the descending line of the trend will appear on the indicator of relative strength. Cancellation of the variant of falling quotations and prices will break through the upper limit of the descending…
Quotations of the Dollar Yen USD JPY continue to move outside the Triangle model, which indicates a potential continuation of the pair’s price growth in the area above the level of 118.00. In favor of the variant, the continuation of growth is the test of the ascending trend line on the indicator of relative strength. USD/JPY Forecast Forex on March 16, 2017 The cancellation of the option continued the growth of quotations of the pair The Yen Dollar will break through the area of 114.00, which will indicate the continuation of the decline in the area below 112.60. Among the…
Currency pair Australian Dollar to US Dollar AUD USD continues the attempt of correction development, quotes have broken the upper boundary of the downward channel and at the moment with the breakdown of the area 0.7610 it is expected to accelerate the growth of quotations to the area above the level of 0.7660. AUD/USD Forecast Australian Dollar on March 16, 2017 However, for the time being, while the relative strength indicator values are testing the downward trend line, we should expect an attempt to fall below the level of 0.7500. However, in case of breakdown of the resistance area, it…
The currency pair pound dollar GBP USD continues to move within the downward channel, quotes were able to push off the lower border of the channel, however, the risks of falling remain due to the downward trend test on the relative strength indicator. GBP/USD Forecast Pound Dollar on March 16, 2017 The cancellation of the variant of falling quotations of the pound-dollar pair will be a breakdown of the area of 1.23, which will indicate the continuation of growth in the upper-bounds of the downward channel near the level of 1.2440. Expect to accelerate the fall of the pair is…
The currency pair of the euro dollar EUR USD continues to move within the framework of the development of the forex model of the Woolf wave with the aim of lowering the area below 1.0470. At the moment there is a potential for the rebound of quotations of the euro-dollar pair to the area above the level of 1.0670, where again we should expect a fall attempt with a tight test of the area 1.05. EUR/USD Forecast Euro Dollar on March 16, 2017 In favor of the option of continuing the decline will form a reversal Forex Head and Shoulder…
Trading signals Japanese Yen USD/JPY on March 15, 2017 Purchase at the current price (114.82), StopLoss is set for 114.40, the target of growth is 115.55. Trading signals Euro Dollar EUR/USD on March 15, 2017 Purchase at the current price (1.0620), StopLoss set for 1.0580, the target of growth is 1.0712. Trading signals Canadian Dollar USD/CAD on March 15, 2017 Buy at the current price (1.3450), StopLoss set for 1.3410, the target of growth is 1.3530.
Quotes of WTI crude oil are traded at the level of 48.51 dollars per barrel. Oil continues to move in a downward trend. It is worth giving up trying to test the upper border of the indicator bars near the level of $ 50 per barrel, where there is a conservative area for sales of WTI oil. Bollinger Bands WTI oil forecast on March 15, 2017 The abolition of the reduction option will be a breakdown of the area of 50.80, which indicates the breakdown of the upper boundary of the Bollinger Bands indicator bars, in this case we should…
The currency pair Euro Pound EUR/GBP is trading at 0.8725. The pair continues to move above the level of the moving average with a period of 55, indicating an upward trend. Bollinger Bands EUR/GBP forecast on March 15, 2017 At the current time, we should expect an attempt to lower the quotes of the Euro Pound to the area of the lower border of the Bollinger Bands indicator bars near the area of 0.8680, from which one should expect a rebound attempt and continue the growth of quotations to the area above the level of 0.8800. Cancellation of the variant…
The currency pair EUR/JPY is trading at 121.67. The pair is trading above the moving average with a period of 55, indicating an upward trend in the pair. At this point, we should expect a tight test of the lower border of the indicator bars at 121.30, where the conservative area for pair purchases is located. It is necessary to expect a rebound and the continued growth of quotations of the euro yen in the area above the level of 123.00. Bollinger Bands EUR/JPY forecast on March 15, 2017 Cancellation of the development of the upward trend in the pair…