Gold XAU/USD is trading at the level of 1254.65. Gold continues to move above the level of the moving average with a period of 55, which indicates the existence of a bullish trend for gold. Currently, Gold quotes are moving between the upper and middle borders of the Bollinger Bands indicator bars. It is worth waiting for the attempt to decrease near the level of 1245.00, where again we should expect an attempt to continue growth with the first goal near the level of 1265.00. Bollinger Bands forecast XAU/USD on March 29, 2017 The conservative shopping area is located near…
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.
Currency pair US dollar Russian Ruble USD/RUB is trading at the level of 57.09 rubles to the US dollar. The pair continues to move below the moving average with a period of 55, indicating a bearish trend in the US dollar against the Russian Ruble. At the moment, quotes of the pair move between the lower and middle boundaries of the bands of the indicator Bollinger Bands. It is worth to expect an attempt to grow and test the moving average with a period of 55, where again we should expect an attempt to continue falling with the first goal…
Currency pair US Dollar Japanese Yen USD/JPY Yen is trading at 110.444. The pair continues to move below the moving average level with a period of 55, indicating a bearish trend for the US Dollar Yen. At the moment, quotes of the pair move between the middle and lower boundaries of the bands of the indicator Bollinger Bands. It is worth waiting for an attempt to grow and test the middle border of the bands near the level of 110.750, where again we should expect an attempt to continue falling with the first goal near the level of 109.600. Bollinger…
Currency pair Pound GBP/USD is trading at 1.2555. The pair continues to move above the moving average with a period of 55, indicating a bullish trend for the Pound Dollar. At the moment, quotes of the pair move between the middle and upper border of the Bollinger Bands indicator bars. One should expect an attempt to drop and test the lower border of the bands near the level of 1.2468, where again we should expect an attempt to continue growth with the first target near the level of 1.2600. Bollinger Bands forecast GBP/USD on March 29, 2017 The conservative shopping…
Currency Pair Euro Dollar EUR/USD is trading at 1.0853. The pair continues to move above the moving average with a period of 55, which indicates the existence of a bullish trend for the euro dollar. At the moment, quotes of the pair move between the upper and middle border of the Bollinger Bands indicator bars. It is worth to expect an attempt to reduce and test the moving average with a period of 55 near the level of 1.0800, where again we should expect an attempt to continue growth with the first goal near the level of 1.0915. Bollinger Bands…
The currency pair euro dollar EUR USD continues to move within the framework of the beginning of the downward adjustment of the Forex forex model of the Wolf wave with the aim of falling below is hugging 1.0720. With the breakdown of the upward trend line on the indicator of relative strength, one should expect an attempt to complete the development of the upward trend in the pair. EUR/USD Forecast Euro Dollar on March 29, 2017 It is likely that the pair will be able to form a reversal forex model of the Head and shoulders, which will indicate the…
The currency pair pound dollar GBP USD continues to move within the upward channel, however, the potential for a fall is maintained within a tight test of the downward trend line on the indicator of relative strength. In favor of a fall, the upper bound of the Forex model of the Triangle model can also perform. Consider selling the pair the pound dollar stands with the breakdown of the lower boundary of the rising channel. GBP/USD Forecast British Pound on March 29, 2017 The first target of the fall will be the area at the level of 1.2450. Canceling the…
Currency pair Australian Dollar to US Dollar AUD USD continues to move within the development of the downward trend and at the moment quotations have broken through the local minimum area, it is expected to accelerate the fall of the pair into the area below the level of 0.75. AUD/USD Forecast Australian Dollar on March 29, 2017 In favor of continuing the fall, act as a rebound from the broken trend line on the indicator of relative strength. We are trying to increase the sales of the pair AUD/USD with a close stop-loss above the area of 0.7655. Canceling the…
Quotations of the US Dollar Japanese Yen USD JPY continued to decline and at the moment there is a potential for rebound into the resistance area, where again we should expect an attempt to continue falling to the area below the level of 109.50. USD/JPY Forecast Japanese Yen on March 29, 2017 The cancellation of the variant of falling quotations of the pair will be the breakdown of the resistance area with the closing of the quotations of the pair USD/JPY above the level of 111.95, which will indicate the continuation of the pair’s growth. Important news from Japan is…
Quotes of BRENT crude oil continue to move in the downward trend and at the moment there is still potential for continuing the decline in the area below the level of $ 49 per barrel. In favor of lower quotations and oil prices is a tight test of the downward resistance line on the indicator of relative strength. Analysis and forecast BRENT on March 29, 2017 The abolition of the continuation of the decline will be the breakdown of the upper boundary of the descending channel and the closing of oil quotes above the region of $ 53 per barrel.…