The currency pair Canadian dollar against the US dollar USD CAD continues to move in the mining bullish wave pattern Wolfe, and has the potential to continue to grow in the area above the level of 1.36. Currently the pair is testing the resistance area is dense and we can expect a small correction of USD/CAD quotes, with the breakout of 1.34 area with a high probability the pair will accelerate the growth of development. USD CAD Forecast Canadian Dollar on March 3, 2017 In favor of a continuation of growth of the push-test the broken trend line on the…
Author: forex24pro
Quotes Gold XAU USD continues to move in the completion of the Forex Wedge pattern, and currently quotes struck the lower boundary of the model, indicating the potential continuation of the reduction in the area next support at 1220. XAU USD Forecast GOLD on March 3, 2017 In favor of a continuation of the fall is the breakdown of the trend line on the indicator of relative strength and was filled with a return to the line. Cancellation option of continuing decline in quotations and prices for Gold will sample the local maximum level that points to continued growth. XAU…
Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD continues to move in the fall and at the moment we should expect a tight field test of the rising channel’s lower border. The breakdown of the field point to the continued decline of the New Zealand dollar quotations to a local minimum. NZD USD Forecast New Zealand Dollar on March 3, 2017 In favor of the continuation of falling of pair NZD/USD appears breakdown of the trend line on the indicator of relative strength. We continue to hold to sell the pair and increase sales…
Currency pair USD CHF Franc Dollar continues moving inside the ascending Forex model 1:1, and at the moment there is the potential for the breakdown of the upper boundary of the model and the pair continued growth of quotations in the area above the level of 1.0250. USD CHF Forecast Dollar Franc on March 3, 2017 Expect faster growth of quotations pair Dollar Frank is a breakdown of the 1.0160 area. We continue to increase the amount of long positions on the pair and willing to try new purchases with the breakdown of the channel’s upper border. Cancellation option growth…
Currency pair EUR USD continues to move in the downward trend. Quotes are trying to break through the lower boundary of Ichimoku Cloud that will point to the decrease in the confirmation. Earlier, a weak signal was received on the market due to the intersection of the signal lines in favor of fall. EUR/USD forecast Euro exchange rate on March 2017 Even with the breakdown of the lower limit of the Ichimoku Cloud drop in prices below 1.0550 area is expected to continue falling euro against the dollar to below 1.0350. Cancellation option drop in prices will make the breakdown…
The currency pair Pound Dollar GBP USD continues to move above the Ichimoku Cloud, which implies a growth of quotations attempt to above the level of 1.27. Previously it received a weak signal in favor of the fall of the pound against the dollar due to the intersection of the signal lines. GBP/USD forecast Pound Dollar on March 2017 To confirm the fall is the area of the sample to squeeze the fall lower limit of the Ichimoku Cloud with closing quotations below 1.2270 area, which point to continued decline. But do not rule out an attempt to test the…
Oil Prices brand BRENT traded above the level of the Ichimoku Cloud, which implies an attempt to continue growing in the area above the local maximum level. Previously it received a strong signal in favor of purchases of oil due to the intersection of the signal lines. BRENT forecast oil prices on March 2017 We should expect a tight test of the upper boundary of Ichimoku Cloud and only sown this rebound and continued bullish trend. In the case of the breakdown region of $ 55 per barrel, we can expect continuation of decrease BRENT quotes to cloud base at…
The pair AUD USD Australian Dollar continues moving inside the bullish trend and is trading above the Ichimoku Cloud and above the level of the signal lines. At this moment we should expect the test area of 0.76 and an attempt to continue the growth of quotations of the pair in the area above the level of 0.78. Forex AUD/USD Forecast on March 2017 Cancellation option of continuing growth can become a fall and a break area of the lower border of the Ichimoku Cloud with the closing quotation AUD/USD below 0.74, which indicates the potential change in favor of…
The currency pair New Zealand Dollar NZD USD is trading above the Ichimoku Cloud, which implies an attempt to continue the growth of quotations. However, previously received a weak signal in favor of the sales, to consider short positions on the pair is a breakdown of the inferior border of the Ichimoku Cloud and close below 0.7060, which indicates the potential change in favor of a downward trend. Forex NZD/USD Forecast on March 2017 At the moment, we can expect a tight test of the upper boundary of Ichimoku Cloud, which acts as a high-quality field support, rebound from this…
Quotes Gold XAU/USD traded above the Ichimoku Cloud, which indicates the presence of an upward trend for the pair. However, a weak signal was received in favor of gold sales, to confirm this signal is important to see the breakdown of the lower limit of the Ichimoku Cloud, which will indicate the change of trend in favor of fall. Ichimoku Kinko Hyo XAU/USD forecast on March 3, 2017 At the moment, we can expect a tight test of the upper boundary of Ichimoku Cloud and try to increase local maximum. In the case of falling prices for gold below 1235…