Currency pair Canadian dollar to US dollar USD CAD continues to move within the upward trend. At the moment, the pair is forming the Forex model, the breakdown of which will indicate the continued growth in the area above the level of 1.35. In favor of the option of continuing the growth of quotations is a tight test of the support line on the indicator of relative strength. USD/CAD Forecast Canadian Dollar on March 8, 2017 The cancellation of the growth variant of the breakdown of the region of 1.3360, which will indicate the continuation of the decrease in the…
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.
Quotes of Gold XAU USD continue to move within the limits of the decline, but at the moment there is a potential for an attempt of correction to the area of 1245 as part of the completion of the Forex model of the Head and Shoulders. XAU/USD Forecast on March 8, 2017 At the same time, we should not exclude the attempt to fall from the current levels due to the test of the broken trend line on the indicator of relative strength. The potential target of the decline is the area on the level below the area of 1185.…
Quotations of the currency pair New Zealand Dollar against the US Dollar NZD USD continue to move within the limits of the decline and at the moment the quotes have broken the lower boundary of the descending channel, which indicates the potential acceleration of the NZD/USD fall. NZD/USD Forecast on March 8, 2017 The purpose of the fall is the area at a level below 0.6850. In favor of continuing the decline in quotes of the pair is a test of a broken trend line on the indicator of relative strength. We continue to try to sell the pair and…
The currency pair dollar franc USD CHF continues to move within the framework of growth and at the moment the pair quotes broke the upper limit of the Forex Triangle model, which indicates that the pair’s quotes continue to rise above 1.0250. In favor of continuing the growth of quotations of the pair, perform a breakdown of the downward trend line on the indicator of relative strength. USD/CHF Forecast on March 8, 2017. Technical Analysis We continue to hold purchases of the Dollar Franc pair and try to increase the volume of purchases. The cancellation of the option will be…
Quotes of WTI oil are traded at the level of 53.46 dollars per barrel. Oil continues to move in a downward trend. The purpose of the fall is the area at a level below $ 52.60 per barrel. The breakdown of the lower border area of the Bollinger Bands indicator bars will indicate the acceleration of the oil price drop. Bollinger Bands WTI oil forecast on March 8, 2017 The abolition of the fall option will be the breakdown of the region at $ 54 per barrel, indicating a potential change in the trend in favor of the ascending trend.…
Currency pair Australian Dollar AUD/USD is trading at 0.7619. The pair demonstrates growth after the decision of the Reserve Bank of Australia. However, the pair is still trading within a downward trend. At the moment we should expect a tight test of the upper border of the indicator bars at the level of 0.7640, where the conservative area for sales of the pair AUD/USD with a close stop-loss is located. Bollinger Bands AUD/USD forecast on March 8, 2017 The target of falling quotes is the area at the level of 0.7540. The reversal of the fall of the pair will…
Trading signals Gold XAU/USD on March 7, 2017 Purchase at the current price (1225.30), StopLoss put for 1222.00, the target of growth is 1250.00. Trading signals of the Euro Dollar EUR/USD on March 7, 2017 Purchase at the current price (1.0584), StopLoss is set for 1.0540, the target of growth is 1.0660. Trading signals Australian dollar AUD/USD on March 7, 2017 Sale at the current price (0.7615), StopLoss is set at 0.7650, the target of growth is 0.7500.
Quotes of WTI crude oil traded at 53.18 dollars per barrel. Oil is still trading below the moving average with period 55 level that indicates a downward trend and should expect the quotes to continue an attempt to fall. First in order to reduce the area below the level of 52 dollars per barrel. Bollinger Bands WTI oil forecast on March 7, 2017 Conservative area for oil sales is at the upper end of the indicator strips near the region of 54.60 dollars per barrel. Is expected to accelerate the fall of oil quotations is a breakdown of the lower…
Pound Yen currency pair GBP/JPY is trading at 139.44. The pair continues to move below the moving average with a period of 55, indicating a downward trend. The pair is testing the area of the lower border of the indicator, which is an area of support and there are risks to see a rebound attempt quotes GBP/JPY to 140, where once again we can expect the fall of the pound, the yen quotations. Bollinger Bands GBP/JPY forecast on March 7, 2017 The purpose of the fall is the area on the lower level of 138.50. Conservative area for sale are…
Quotes Silver XAG/USD trading at 17.82. Quotes were able to break through the border area of the bottom of the indicator, as well as the moving average with a period of 55 from the top down, that indicates a change in trend in favor of the downlink and the potential continuation of the fall of Silver quotation. Bollinger Bands XAG/USD forecast on March 7, 2017 The purpose of the fall is the area on the level below 17.25. But do not attempt to exclude XAG/USD correction of quotations in the region moving average at 18.05, from which again is expected…