Author: 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.

Quotations of the stock exchange index NIKKEI 225 are traded at the level of 18303. Quotes could break the lower boundary of the descending channel, we should expect an acceleration of the decline of NIKKEI 225. In favor of falling quotations, a tight test of the downward resistance line will appear on the indicator of relative strength. Technical analysis and NIKKEI 225 Forecast on April 17, 2017 The purpose of the decline is the area below the level of 18000. The abolition of the reduction option will be a strong growth and breakdown of the area of 18500, which will…

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Quotes of the S&P 500 exchange rate are traded at 2330. Quotes continue to move within the downward Forex model 5-0 with the potential target of working below the 2200 area. In favor of lowering the quotations of the S&P 500 index is the breakdown of the upward trend line on the indicator of relative strength. Technical analysis and S&P 500 Forecast on April 17, 2017 The cancellation of the fall in the quotations of the index will be a strong growth of quotations above the area of 2390, which will indicate the breakdown of the upper boundary of the…

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The quotations of the exchange index DAX 30 are traded at 12094. The quotes continue to move within the uplink and there is a potential for a rebound to the area above 12150, from which one should expect a rebound and continue the decline to the area below the level of 11970. Technical analysis and DAX 30 Forecast on April 17, 2017 In favor of the decline, Indicator of relative strength. Expect to accelerate the fall of quotations index DAX 30 costs from the breakdown of the area of 12000, indicating that the breakdown of the lower boundary of the…

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The currency pair Euro to Pound EUR/GBP continues to trade in the downward channel and at the moment there is a potential for falling quotations in the area below the level of 0.83. In favor of the fall of the Euro Pound is a downtrend test of the trend, as well as a dense test of the downward trend line on the indicator of relative strength. EUR/GBP Forecast Euro Pound on April 17, 2017 Cancellation of the variant of the pair price reduction will be the breakdown of the area 0.8550, which will indicate the perforation of the growth of…

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Quotes of natural gas are traded at the level of 3.23. At the moment, quotes have left the limits of the rising channel and there is a potential for the rebound and fall of quotations in the area below the level of 2.98. In favor of the fall is the formation of the reversal Forex Head and Shoulder models, which indicates a drop already from the current levels. Natural Gas Forecast on April 17, 2017 An additional signal will be a tight test of the descending line of resistance on the indicator of relative strength. Expect to accelerate the fall…

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Currency pair Euro to Canadian Dollar EUR/CAD finished the trading week at 1.4132. At the moment, the pair’s quotations continue to move within the rising channel and at the moment there is a potential for continuing the growth of EUR/CAD quotations in the area above the level of 1.46. EUR/CAD Forecast Euro Canadian Dollar on April 17 — 21, 2017 In favor of growth of quotations of the pair is the formation of an upward Forex model 5-0, as well as the formation of a bull forex model of the Wolf wave with the goal of working at 1.44. An…

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The currency pair Euro to Australian Dollar EUR/AUD completed the trading week at 1.3990. At the moment, the pair continues to move within the descending model. It is worth waiting for an attempt to continue the decline in the area below the level of 1.34 as part of the start of the development of the head and shoulders reversal model. EUR/AUD Forecast Euro Australian Dollar on April 17 — 21, 2017 The cancellation of the fall option will be a strong growth and breakdown of the area of 1.42, which will indicate the cancellation of the reversal Forex model. In…

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The currency pair Canadian Dollar to Swiss Franc CAD/CHF finished the trading week at 0.7536. At the moment, the pair is trading within a downward 1:1 forex pattern with a potential drop target below 0.72. In favor of falling quotations of the pair is the test of the upper boundary of the descending channel, as well as the formation of the bearish wave model of Wolf. CAD/CHF Forecast forex for the week April 17 — 21, 2017 The cancellation of the decline in the CAD/CHF quotations will result in a strong growth and breakdown of the 0.76 area by closing…

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The currency pair Australian Dollar New Zealand Dollar AUD/NZD closed the trading week at 1.0809. The pair continues to move within the upward trend and is currently testing the support area, as well as the lower boundary of the rising channel. AUD/NZD Prediction Forex on April 17 — 21, 2017 It is expected to rebound and continue the growth of quotations AUD/NZD in the area above the level of 1.10. In favor of the growth of quotations of the pair is a tight test of the upward support line on the indicator of relative strength. Canceling the growth option of…

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The currency pair Australian Dollar to Swiss Franc AUD/CHF finished the trading week at the level of 0.7610. The pair was able to show a rebound from the lower border of the rising channel and at the moment the potential for continuing the growth of quotations to the area above the local maximum level remains. AUD/CHF Forecast Forex for the week April 17 — 21, 2017 In favor of the growth of quotations AUD/CHF stands the break of the neck line reversal forex models Head and shoulders on the indicator of relative strength. The cancellation of the growth of the…

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