Author: forex24pro

Currency pair EUR USD continues to move in the downward FX 1:1 model in order to develop the area below 1.0350. In favor of the euro falling dollar quotes appears tight test downward trend line on the indicator of relative strength. But do not rule out the test the upper boundary of the descending channel, and only then continue the EUR/USD fall. EUR USD Forecast Euro Dollar on February 28, 2017 Cancellation option euro quotations against the dollar will fall breakdown upper boundary of the descending channel and prices close above the 1.0680 area, which point to a continuation of…

Currency pair pound dollar GBP USD continues to move in the lateral trend and currently quotes pound left the rising channel, which indicates a potential pair of quotes fall to below 1.2270. In favor of accelerating the fall of quotations GBP/USD will perform sample support line on the indicator of relative strength. Forex GBP USD Forecast on February 28, 2017 But do not rule out a broken test of the channel, and then attempt to continue the fall of quotations. Cancellation option will be the pair of reducing the strong growth and the breakdown field of 1.26, which points to…

Currency pair Australian Dollar to US Dollar AUD USD continues to move in the upward correction, quotes could break through the lower boundary of the channel, and the potential for a fall to below the level of 0.76 is maintained. Australian Dollar Forecast (AUD/USD) on February 28, 2017 In favor of the version of the fall of the Australian dollar quotes appears breakdown of the trend line on the indicator of relative strength. Cancellation option quotations falling AUD/USD will be strong growth above the local maximum level that points to a continuation of an upward trend for the pair. Among…

Quotes Dollar Yen currency pair USD JPY continues to move in the forex bullish wave pattern Wolfe with a potential target of the level above 114.40 area. In favor of a pair of quotes growth appears tight test the support line on the indicator of relative strength. USD JPY forecast Dollar Yen on February 28, 2017 Cancellation option price growth dollar yen pair will drop in and sample 111.80 area, which point to a continuation of reduction of quotations USD/JPY. Important news from Japan is not expected, so the pair will continue to move in the technical analysis of USD/JPY.…

Quotes BRENT crude oil continues to move sideways and currently quotes are very close to the upper boundary, where we should expect a rebound attempt and downs. In favor of the falling prices of oil appears tight test resistance area on the indicator of relative strength. BRENT oil price forecast on February 28, 2017 Cancellation option quotes and falling oil prices will be strong growth above the level of 58 dollars per barrel, which will point to the continued development of the upward trend in oil in order to increase the field above $ 65 per barrel. In case of…

The currency pair Canadian dollar against the US dollar USD CAD continues to move in the beginning of the mining model bullish forex Wolfe waves with a potential upside target above 1.35 area. At the moment, we can expect a tight test of the support line on the indicator of relative strength. USD CAD Forecast on February 28, 2017 The immediate goal of couples of quotations growth is the area at a level above 1.32. Cancellation option of continuing price growth will drop and the sample area of support at 1.3050, which will point to continued decline. Is expected to…

Quotes Gold XAU USD continues to move in the growth and currently preserved potential for the formation of assurances forex Wedge pattern that will indicate an attempt to turn and fall of quotations and prices for Gold to have a lower level of 1225. XAU USD Forecast on February 28, 2017 In favor of a fall is the dense test downward trend line relative strength of the display, which also implies a drop since the current levels. Cancellation option reduce quotes XAU/USD will be strong growth and the breakdown field 12860 that indicates the continuation of an upward trend for…

Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD continues to move in the correction and at the moment there is a potential for a tight test resistance area, where once again we can expect the fall with the first target at the level below the area of 0.7050. Forecast New Zealand Dollar (NZD/USD) on February 28, 2017 In favor of the version of the fall of quotations NZD/USD appears tight test downward trend line on the indicator of relative strength. Cancellation option will make the sample fall of quotations 0.7250 area, which point to…

Currency pair USD CHF Dollar Franc continues to move through the formation of the rising forex 1:1 model, which could push the pair to above the 1.0250 level. At this point is pressed tight test of the lower boundary of the rising channel and continued growth with the first target near the 1.0180 area. USD CHF forecast on February 28, 2017 In favor of a pair of dollar growth of quotations Frank will perform the test the support line on the indicator of relative strength. Cancellation option will be the continued growth of quotations of the fall and breakdown of…

Currency pair EUR/USD is trading at 1.0581. The pair is still trading below the Ichimoku Cloud, which indicates a continuation of the downward trend for the pair. Ichimoku Kinko Hyo forecast EUR/USD on February 28, 2017 Previously it received a weak signal to buy the pair EUR/USD, but for confirmation of this signal is important to see the breakdown of the upper limit of the Ichimoku Cloud with the closure of the euro dollar quotes above level 1.0640, which will point to the opportunity to try to buy the pair with the tight stop. Consider selling the euro with the…