The currency pair is the Canadian dollar to the US dollar USD CAD continues to move within the upward channel and at the moment there is a potential for continuing the pair’s growth into the area above 1.35 level. In favor of growth is the probable breakdown of the Forex Diamond model up, which indicates the continued growth of the pair. USD/CAD Forecast Canadian Dollar on March 29, 2017 Canceling the option of continuing the development of the upward trend in the pair will be the fall and breakdown of the lower boundary of the channel, which points to 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.
Gold Quotes XAU USD demonstrate a rebound from the resistance area and at the moment there is a potential for continuing the decline in gold prices in the area below the level of 1235. In favor of the drop, there is also a rebound from the downtrend line on the indicator of relative strength. XAU/USD Forecast Gold on March 29, 2017 Cancellation of the variant of falling quotes and prices for Gold will be a breakdown of the resistance area with the closing of quotations above the level of 1265. Also, the current structure on Gold is a reversal Forex…
Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD continued to decline under the beginning of working out a reversal of force model, head and shoulders. At the moment, the potential for continued decline in the pair’s quotations to the area below the level of 0.69 remains. NZD/USD Forecast New Zealand Dollar on March 29, 2017 Cancellation option quotations fall NZD/USD would be a strong rise, and the breakdown field of 0.71, which indicates cancellation reversal pattern and continued growth of the pair to levels above 0.72. Expect to accelerate the fall of quotations is…
The currency pair US Dollar Swiss Franc USD CHF continues to move within the framework of the beginning of the development of the ascending forex wave model of Woolf with the potential growth target near the area of 0.9970. At the moment, the pair’s quotes are testing the resistance area and there is a risk of seeing a rebound attempt and only after this continuation of growth. USD/CHF Forecast Swiss Franc on March 29, 2017 Cancellation option of an upward movement of the pair usd chf will drop and the sample area of a local minimum that will point to…
The currency pair US Dollar Ruble USD RUB continues its movement within the framework of the beginning of the development of the ascending wave model of Wolf for the purpose of growth above the area of 58 rubles per US dollar. In favor of the beginning of growth is a dense test of the ascending trend line on the indicator of relative strength. USD/RUB Forecast Dollar Ruble on March 29, 2017 With the breakdown of the region of 60 rubles per US dollar, it is expected to complete the decline and the pair’s quotations begin to rise in the area…
Trading signals British Pound GBP/USD on March 28, 2017 Sale at the current price (1.2563), StopLoss is set for 1.2605, the target is to decrease 1.2340. Trading signals Euro Dollar EUR/USD on March 28, 2017 Sale at the current price of 1.0863, StopLoss is set for 1.0900, the target is to decrease 1.0716. Trading signals US Dollar Japanese Yen USD/JPY on March 28, 2017 Purchase at the current price of 110.67, StopLoss is set for 110.20, the target of growth is 111.50.
The currency pair Euro Dollar EUR/USD continues to move within the upward trend, the pair could not break the support line on the relative strength indicator, so it is too early to speak about the completion of the upward trend in the pair. At the moment, the bearish Wolf wave is again forming with the aim of falling near the area of 1.0750. In favor of the fall is a tight test of the downward trend line on the indicator of relative strength. EUR/USD Forecast Euro Dollar on March 28, 2017 The first target is the support area at the…
The currency pair Pound Dollar GBP USD continues to move within the framework of strong growth, at the moment there is still potential for reducing the pair within the rebound from the resistance area on the indicator of relative strength. However, consider selling the pound dollar pair only with the breakdown of the bottom of the uplink, which indicates the completion of the upward trend in the pair. GBP/USD Forecast Pound Dollar on March 28, 2017 The reduction target can be the area at the level of 1.245. In the case of breakdown of the area of 1.2650, one should…
The currency pair Australian Dollar to US Dollar AUD/USD continues to move beyond the rising channel. At the moment, the potential for a fall in the pair’s quotations remains below the level of 0.7530. In favor of falling quotations of the Australian dollar is the test of a broken trend line on the indicator of relative strength. AUD/USD Forecast Australian Dollar on March 28, 2017 Cancellation of the variant of falling of quotations AUD/USD is the breakdown of the area 0.7680, which will indicate the return of quotations inside the rising channel, which will indicate the continued growth of the…
Quotations of the currency pair US Dollar Japanese Yen USD JPY continued to decline, but at the moment there is a potential for the beginning of rebound and growth in the upper boundary of the descending channel, as well as the resistance area near the level of 111.00. In the event of a breakdown in this area, we should expect the continuation of growth above the level of 111.60. USD/JPY Forecast Dollar Japanese Yen on March 28, 2017 The cancellation of the option will be a breakdown of the ascending support line on the indicator of relative strength, which will…