Brent crude oil is trading at $ 52.37 a barrel. Quotes for Oil broke through a moving average with a period of 55 and began to trade above its level, indicating a change in the trend in favor of the bull on Brent Oil. At the moment, quotes of oil test the upper boundary of the indicators Bollinger Bands. It is worth waiting for the attempt to decrease near the level of 51.70 and the test of the middle border of the bands, where again we should expect an attempt to continue growth with the first target near the level…
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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 Euro Dollar EUR/USD is trading at the level of 1.0756. Quotations of the pair broke through the level of the moving average with a period of 55 and began to trade below its level, which indicates a change in the trend in favor of the bearish euro against the dollar. At the moment, quotes of the pair test the lower boundary of the bands of the Bollinger Bands indicator. It is worth waiting for an attempt to grow and test the average border of the indicator bars near the level of 1.0820, where again we should expect…
The currency pair Australian Dollar to US Dollar AUD/USD continues to move outside of the rising channel and is currently trading near the area of 0.7646. It is worth expecting a tight test of the resistance area and continuing the decline with breakdown of the support level of 0.76. AUD/USD Forecast Australian Dollar on March 30, 2017 In favor of falling quotations of the pair is the formation of the reversal Forex Head and Shoulder models on the indicator of relative strength, which also indicates a drop already from current levels. Expect the acceleration of the fall in quotations AUD/USD…
The currency pair Pound to Dollar GBP/USD continues to move within the fall due to a rebound from the upper limit of the Triangle model. At the moment, the potential for continuing the decline of the pound-dollar pair into the area below the level of 1.23 is still present. GBP/USD Forecast British Pound on March 30, 2017 In favor of continuing the fall is the breakdown of the ascending trend line on the indicator of relative strength, as well as the output of quotations of the pair beyond the ascending channel. It is worth to wait for the test of…
The currency pair Euro Dollar EUR/USD continues to move within the limits of the decline and at the moment the quotes of the pair are traded near the area of 1.0795. It is worth waiting for an attempt to test the support area near the level of 1.0750, where again we should expect a rebound and the beginning of the formation of the reversal Forex Head and Shoulders models, which will indicate the continued decline in the pair EUR USD quotations to the area below the level of 1.0620. EUR/USD Forecast Euro Dollar on March 30, 2017 In favor of…
Quotes Gold XAU/USD have left the limits of the rising channel and are currently trading near the support area of 1250. It is worth waiting for an attempt to continue growth in the area above the level of 1255, where Gold will complete the formation of the reversal Forex Head and Shoulders models and expect an attempt to fall below 1230. XAU/USD Forecast Gold on March 30, 2017 In favor of falling quotes and prices for gold is the completion of the formation of the reversal model. The failed swing on the indicator of relative strength. Canceling the option of…
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the lateral trend and at the moment the pair’s quotes are traded near the upper limit of this movement near the area of 1.3375. One should expect an attempt to fall to the area below the level of 1.3345, where the pair will complete the formation of the bull forex model of the Wolf wave, which indicates the continued growth with the target above the area of 1.3410. USD/CAD Forecast Canadian Dollar on March 30, 2017 With the breakdown of the resistance area, we should expect the…
Quotes of BRENT crude oil continue to move within the downward trend, but already now oil could break through the resistance area and there are risks of continuing growth in the area above the level of 53 dollars per barrel. BRENT crude OIL Forecast on March 30, 2017 In favor of rising oil prices is the breakdown of the downward trend line on the indicator of relative strength, which also indicates a potential breakdown of the upper boundary of the descending channel. Canceling the option of continuing growth will fall below area 51, indicating that the decline will continue and…
Quotations of the US Dollar to Japanese Yen USD/JPY continued to grow and were able to break through the resistance area and at the moment the pair’s quotes are traded at 111.11. It is worth waiting for an attempt to rebound from these levels and fall into the area of the nearest support near the area of 110.50, where the pair can again show strong growth. USD/JPY Forecast Japanese Yen on March 30, 2017 In favor of the growth of quotations, the Yen Dollar will perform a tight test of the upward trend line on the indicator of relative strength.…
The currency pair US Dollar to Ruble USD/RUB continues to move within the framework of the formation of the bullish forex model of the Wolf wave in order to develop near the area of 58.40 rubles per US dollar. It is worth waiting for an attempt to test the lower boundary of the Wolf wave and continue the growth of the pair. USD/RUB Forecast Russian Ruble on March 30, 2017 Cancellation of the variant of growth will be a fall and breakdown of the region 56 rubles per US dollar, which will indicate the abolition of this model and the…