The currency pair Canadian dollar to US dollar USD/CAD continues to move in line with expectations and our previous forecast of USD/CAD. At the moment, the values of the relative strength indicator were able to break the downward trend line, which indicates the continued growth of the pair’s quotations in the area above the level of 1.3550. USD/CAD Forecast Canadian Dollar on April 20, 2017 Expect to accelerate the growth of quotations of the Canadian dollar is with the breakdown of the upper boundary of the descending channel, which will indicate the continuation of the development of growth on a…
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 Pound to US Dollar GBP/USD showed strong growth at the time of Teresa Mey’s speech, at which it was proposed to hold early parliamentary elections, and at the moment the quotes are testing the area of 1.28. GBP/USD Forecast Pound Dollar on April 20, 2017 The potential for the development of correction to the area of 1.2670 remains within the framework of the rebound from the upper boundary of the sweet-zone region of the descending Woolf wave model. The purpose of testing the Woolf wave model is the region of an anomaly below 1.22. However, expect a…
The currency pair Euro Dollar EUR/USD was able to break the upper limit of the Forex Triangle model and at the moment the pair is trading near the area of 1.0720. One should expect an attempt to correct the broken trend line on the indicator of relative strength and the continuation of the growth of quotations of the euro dollar in the area above the level of 1.08. EUR/USD Forecast Euro Dollar on April 20, 2017 The cancellation of the option will be the fall and breakdown of the area 1.0650, which will indicate the continued decline in the euro-dollar…
Quotes of BRENT crude oil continue to move within the rising channel and are currently traded near the area of $ 55 per barrel. It is worth waiting for an attempt to continue the decline in the area below the level of $ 54 per barrel as part of the rebound from the broken trend line on the indicator of relative strength. BRENT forecast crude oil prices on April 20, 2017 Abolition of the variant of falling quotations and oil prices will be a strong growth and breakdown of the region of 56.50 dollars per barrel. BRENT forecast crude oil…
Quotations of the currency pair US Dollar to Japanese Yen USD/JPY continue to test the local minimum area and are currently trading near the level of 108.80. It is worth waiting for an attempt to rebound and begin to grow as part of the development of the bull model of the Wolfe wave with a potential growth target above the area of 112.50. USD/JPY Forecast Japanese Yen on April 20, 2017 In favor of the growth of quotations of the Dollar Yen pair is the formation of the flexed Forex Model of the Head and shoulders. An additional signal in…
The currency pair Australian Dollar to US Dollar AUD/USD continues to fall and at the moment quotations have approached the support area near the level of 0.75. It is worth waiting for an attempt to break this area and continue the decline to a level of 0.74. AUD/USD Forecast Australian Dollar on April 20, 2017 With the breakdown of the support area, you should expect to complete the formation of the reversal forex model Double top, which indicates the continuation of the fall in Australian dollar quotations in the area below the level of 0.72. By canceling the option of…
The currency pair US Dollar to Russian Ruble USD/RUB continues to be traded near the local minimum area and at the moment there is a potential for updating the region of the minimum and beginning growth in the area above the level of 57 rubles per US dollar. USD/RUB Forecast Dollar Ruble on April 20, 2017 In favor of the growth of quotations of the pair is a rebound from the support line on the indicator of relative strength, as well as the breakdown of the upper limit of the Forex model Wedge. Expect to accelerate growth is with the…
The currency pair US Dollar to Swiss Franc USD/CHF continues to decline and at the moment the pair quotes are testing the area of the sweep zone of the bull model of the Wolf wave with the potential purpose of remaining and working near the 1.0120 area. USD/CHF Forecast Swiss Franc on April 20, 2017 In favor of growth of quotations of the pair, breakdown of the downward resistance line will occur on the indicator of relative strength. The cancellation of the USD/CHF growth option will be the fall and breakout of the area 0.9930, which will indicate the continuation…
Trading signals of Euro Dollar EUR/USD as of April 19, 2017 Sale from the level of 1.0735, StopLoss is set for 1.0760, the target is to decrease 1.0610. Trading signals Australian dollar AUD/USD as of April 19, 2017 Buy at the current price (0.7524), StopLoss set for 0.7490, the target of growth is 0.7590. Trading signals Japanese Yen USD/JPY as of April 19, 2017 Buy from the level of 108.10, StopLoss set for 107.90, the target of growth is 109.10.
The currency pair US Dollar to Russian Ruble USD/RUB is trading at 56.04. The pair continues to trade below the lower boundary of the Ichimoku Cloud, which indicates the development of a downward trend in the pair US dollar Russian ruble. It is expected to test the lower boundary of the Ichimoku Cloud near the level of 56.40, from which one should expect an attempt to fall and develop a bearish tendency for a pair with a view to lower near the level of 55.30. Ichimoku Kinko Hyo USD/RUB prediction on April 19, 2017 Earlier, a strong signal was generated…