Quotes of the dollar yen currency pair USD JPY finished the trading week at 113.97. the pair continues moving inside the ascending channel, and at the moment is stored capacity for the continued growth of quotations couples in the area above the level of 116 to the potential growth in the area above the local maximum level. USD/JPY Forecast on March 6, 2017 — March 10, 2017 In favor of a continuation of growth of pair of quotes will make a tight test rising trendline on the Relative Strength Indicator. Also on the forex pair formed the model triangle and…
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Quotes Gold XAU USD finished trading at the level of 1234. At this time the week gold price fled the forex Wedge pattern and has the potential for continued decline in the area below the 1185. In favor of equal options for continuing the fall is the formation of reversal pattern Forex failure swing on the indicator of relative strength, which also points to the sample area 1185. XAU/USD Forecast on March 6, 2017 — March 10, 2017 Cancellation option of reduction of quotations and prices for Gold will be the breakdown of the upper boundary of the descending channel…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD finished the trading week at 0.7044. The pair showed a decrease, and at the moment is stored potential to continue fall to below 0.6840. But do not try to exclude New Zealand Dollar quotations correction to resistance at 0.7180, where once again we can expect a decrease in prices. NZD/USD Forecast on March 6, 2017 — March 10, 2017 In favor of a bounce from current levels appears tight test the rising trend line on the indicator of relative strength. Cancellation option quotations falling NZD/USD will…
Currency pair USD CHF closed the week at 1.0072. The pair continues moving inside the rising channel and retained the potential for continued growth in the region above the level of 1.0250. In favor of a pair of dollar growth of quotations Frank testing the breached trend line on the indicator of relative strength. USD/CHF Forecast on March 6, 2017 — March 10, 2017 Expect faster growth of quotations of USD/CHF is a breakdown of the upper limit of the downward channel. Cancellation option perforation growth lion pair would be the breakdown of 1.0020 area, which point to continued decline…
Mexican Currency pair dollar USD/MXN traded at 19.49. The pair continues to move below the moving average with a period of 55, indicating a downward trend pair. We should expect a small correction in the region of 19.70 quotations and continuation of falling of pair USD/MXN. Bollinger Bands forecast USD/MXN on March 6, 2017 The purpose of the fall may make the area below the 19.10 level. Conservative area to sell the pair is located on the upper level of the indicator Bollinger Bands border near the level of 20.20. The breakdown of this area indicates the potential change of…
Quotes of WTI crude oil traded at 53.46 dollars per barrel. Oil continues to move below the moving average with a period of 55, suggesting a downward trend. At the moment, we can expect a tight test of the moving average and continuing WTI falling oil prices. Bollinger Bands WTI oil forecast on March 6, 2017 The first goal of the fall is the area on the level below 52.55 dollars per barrel. Conservative area for oil sales is at the upper end of the indicator strips near the region of US $ 54.55 per barrel, a break of this…
Quotes XAU/USD Gold traded at 1234. Quotations were able to break through the lower boundary of Ichimoku Cloud and at the moment there is a potential for further development of the downward trend for the pair. Ichimoku Kinko Hyo XAU/USD forecast on March 6, 2017 Previously it received a weak signal in favor of the sales and the breakdown of cloud confirmed the signal. We should expect a tight test the breached border of the Ichimoku Cloud and continuing reduction of quotations and prices for Gold to below the level of 1215. Cancellation option of continuing fall in prices for…
Euro Yen currency pair EUR/JPY is trading at 121.08. The pair continues to move above the Ichimoku Cloud, which suggests the presence of an upward trend for the pair and points to continued growth with the first target near 121.70 area. Ichimoku Kinko Hyo forecast EUR/JPY on March 6, 2017 Previously it received a weak signal in favor of buying the Euro Yen. However, we should not exclude the correction attempt to 120.50. where once again we can expect continued growth. In favor of the correction can be a test of the strong resistance level at the moment. Cancellation option…
The currency pair EUR/GBP is trading at 0.8635. Quotes pair arranged above the Ichimoku Cloud, which indicates the continuation of an upward trend on the pair with a potential upside target above 0.8675 area. Ichimoku Kinko Hyo forecast EUR/GBP on March 6, 2017 But do not exclude the correction of quotations attempt pair EUR/GBP in the region at the level of 0.8580, where once again we can expect attempts of growth. previously it received a weak signal to buy the pair, and the forex market works off signal right now. Cancellation option Euro Pound continued rise in share price will…
The currency pair Pound Australian Dollar GBP/AUD is trading at 1.6177. The pair continues to move in the downward trend and currently is testing the densely moving average with a period of 55. We should expect the test of the upper Bollinger Bands indicator border at the level of 1.6280, where one can try to sell the pair conservative with close stop loss. Bollinger Bands forecast GBP/AUD on March 6, 2017 Cancellation option will be the fall of the strong growth and the breakdown of 1.6305 area, which indicates the potential change of the trend in favor of the rising.…