Quotations of the currency pair US Dollar to Japanese Yen USD/JPY completed the trading week at 108.61. The pair continues to trade in a downward correction, but at the moment there is a potential for a rebound of quotations to the area above the level of 112.00 as part of the start-up of the bull model of the Wolf wave. USD/JPY Forecast Japanese Yen on April 17 — 21, 2017 Expect the completion of the downward correction of the pair US Dollar to Japanese Yen stands with the breakdown of the downward trend line on the relative strength indicator. The…
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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.
Gold Quotes XAU/USD completed the trading week at 1286. Gold was able to break through the upper boundary of the descending channel. It is expected to continue the growth of quotations and prices for Gold in the area above the level of 1305. XAU/USD Forecast Gold prices on April 17 — 21, 2017 In favor of continuing the growth of quotations XAU/USD is the breakdown of the downward resistance line on the indicator of relative strength. Canceling the option of continuing the growth of quotations and prices for Gold will be the fall and breakdown of the area of 1255,…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD completed the trading week at 0.7002. The pair continues to move within the lateral trend and at the moment there is a potential for breakdown of the area of 0.71 in the framework of the model development Failure. NZD/USD Forecast New Zealand Dollar on April 17 — 21, 2017 After the test area of 0.71, we expect a rebound and a fall in the quotes of the New Zealand Dollar pair to an area below 0.68 as part of the resistance line test on the relative strength indicator.…
The currency pair US Dollar to Swiss Franc USD/CHF finished the trading week at 1.0048. At the moment, the pair continues to trade within the upward trend. The potential for continuing the growth of quotations of the Dollar Frank pair in the region above the level of 1.0350 remains. USD/CHF Forecast Swiss Franc on April 17 — 21, 2017 In favor of growth of quotations of the pair is the breakdown of the downward trend line on the indicator of relative strength. Expect an acceleration of USD/CHF quotes growth with a breakdown of the upper limit of the downward channel…
Quotes of BRENT oil finished trading week at the level of 56.10 dollars per barrel. Quotes met an important resistance area and in case of the beginning of the fall at the next trading week, it is necessary to expect a reversal of the current trend and the beginning of development of the bearish trend in the area below the level of $ 50 per barrel. Brent Forecast for the week on April 17 — 21, 2017 In favor of falling quotations and oil prices is the test of the resistance area on the indicator of relative strength. The cancellation…
Currency pair Australian Dollar to US Dollar AUD/USD finished the trading week at 0.7576. The pair continues to trade within the framework of the Triangle model and at the moment there is still potential for falling quotations in the area below the level of 0.74. In favor of reducing the pair AUD/USD will perform a tight test of the downward trend line on the indicator of relative strength. AUD/USD Forecast Australian Dollar on April 17 — 21, 2017 The cancellation of the fall of the pair in the current trading week will be a strong growth and breakdown of the…
The currency pair Canadian Dollar to US Dollar USD/CAD finished the trading week at 1.3324. At the moment, the pair continues to trade within the upward channel and the potential for continuing the growth of quotations to the area above the level of 1.3550 remains. USD/CAD Forecast Canadian Dollar on April 17 — 21, 2017 In favor of the growth of the pair USD/CAD is a tight test of the upward trend line on the indicator of relative strength, as well as the test of the lower boundary of the rising channel. The cancellation of the USD/CAD pair growth option…
The currency pair Euro Dollar EUR/USD has completed the trading week at the level of 1.0609. The pair continues to move within the descending channel. The euro is treading the lower border of the short-term rising channel, the breakdown of this region will indicate the continuation of the decline to the level of 1.0350. EUR/USD Forecast Euro Dollar on April 17 — 21, 2017 In favor of the fall comes the bearish wave model of Wolfe, as well as the breakdown of the rising trend line on the indicator of relative strength. The cancellation of the variant of falling quotations…
The currency pair Pound Dollar GBP/USD finished the trading week at 1.2526. The pair continues to trade within the framework of the Triangle model and at the moment the quotations are repelled from the upper limit of the model. The potential for continued falling of quotations in the area of the lower boundary of the model at the level of 1.21 is preserved. GBP/USD Forecast Pound Dollar on April 17 — 21, 2017 In favor of the fall of the pound-dollar pair is a tight test of the downward trend line on the indicator of relative strength. With the breakdown…
The currency pair Dollar Ruble USD/RUB finished the trading week at the level of 56.22 rubles to the US dollar. The pair continues to trade in a downward trend and at the moment it is worth waiting for an attempt to test the local minimum area. USD/RUB Forecast Dollar Ruble on April 17 — 21, 2017 In favor of the rebound of quotations in the area above the level of 59 rubles, the US dollar is favored by the formation of the forex model of the Wedge, as well as the bullish wave model of Wolf. An additional signal in…