The currency pair EUR USD continues to move within the framework of the Forex Triangle model and at the moment the quotes of the pair are repelled from the upper limit of the model. It is worth to expect an attempt to fall into the area below the level of 1.0620, the breakdown of which will indicate a decrease in the area of the lower boundary of the model. EUR/USD Forecast Euro Dollar on March 21, 2017 In favor of the decline is the formation of the reversal Forex Head and Shoulder models on the relative strength indicator, as well…
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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.
The currency pair pound dollar GBP USD continues to move within the descending channel and at the moment the quotes have reached the upper channel boundary level. It is worth waiting for an attempt to rebound and fall into the area below the level of 1.21. GBP/USD Forecast Pound Dollar on March 21, 2017 In favor of the fall in the quotations of the pound dollar, a tight test of the downward trend line enters the indicator of relative strength. The cancellation of the GBP/USD fall will be the breakdown of the area of 1.2440, which will indicate the continued…
Currency Pair Australian Dollar to US Dollar AUD USD continues to trade near the upper limit of the Forex Triangle model, one should expect an attempt to rebound and fall of the pair’s quotes. In favor of the decline is the formation of a reversal forex model of the Head and shoulders on the indicator of relative strength. AUD/USD Forecast Australian Dollar on March 21, 2017 Expect to accelerate the fall is with the breakdown of the lower boundary of the rising channel. The cancellation of the option may result in a strong growth of the pair above the 0.7790…
Quotations of the currency pair USD JPY continued to fall and have now approached the key support level near the area of 111.75. The pair continues to test the area of the lower border of the rising channel and there is a potential for rebound and continuing growth with the first target near the level 115.50. USD/JPY Forecast Japanese Yen on March 21, 2017 In favor of growth, perform a tight test of the support area on the indicator of relative strength. The cancellation of the growth variant of the Yen Dollar pair will be the fall and breakdown of…
Quotes of BRENT oil continue to move within the downward trend, at the moment quotes are pushing from the upper boundary of the descending channel and there is a potential for continuing the fall in the area below the level of $ 49 per barrel. BRENT Forecast oil prices on March 21, 2017 In favor of falling quotations and oil prices is the rebound of values of the indicator of relative strength from the descending line of the trend. The abolition of the variant of oil reduction will be the breakdown of the region at $ 53 per barrel, which…
The currency pair is the Canadian dollar to the US dollar USD CAD continues to move within the ascending channel, at the moment the pair’s quotes are pushing from below the channel’s border, it is worth waiting for the attempt to continue growth to the area above 1.35 level. USD/CAD Forecast Canadian Dollar on March 21, 2017 In favor of the USD/CAD pair growth option, the downward trend line breaks down on the relative strength indicator. The cancellation of the growth option of the pair will be the breakdown of the 1.33 area, which will indicate the continuation of the…
Quotes of Gold XAU USD continue to move within the downward Forex model 5-0, prices continue to test the resistance area, we should expect an attempt to tight test the upper boundary of the downward channel and continue falling to the area below the level of 1200. XAU/USD Forecast Gold price on March 21, 2017 In favor of the drop is a tight test of the resistance area on the indicator of the relative Force. Canceling the option of continuing the fall in quotations and the price of Gold will break through the area of 1245, indicating that the growth…
Quotations of the currency pair New Zealand Dollar against the US Dollar NZD USD continue to move within the downward 1:1 model and at the moment quotes tightly test the upper boundary area of the model. It is worth waiting for an attempt to fall from the current levels in order to decrease near the level of 0.6850. NZD/USD Forecast New Zealand Dollar on March 21, 2017 In favor of the fall, perform a tight test of the downward trend line on the indicator of relative strength. The cancellation of the fall of the pair quotes will result in a…
The currency pair dollar franc USD CHF continues to move within the limits of the decline, but at the moment the reversal Forex of the Diamond model is formed, the breakdown of which will be indicated by the continuation of the pair’s growth into the area above the level of 1.0050. USD/CHF Forecast Swiss Franc on March 21, 2017 In favor of the growth of quotations of the Dollar Franc, a breakdown of the downward trend line will appear on the indicator of relative strength. The cancellation of the USD/CHF fall will be followed by a fall and breakdown of…
The currency pair dollar ruble USD RUB continues to move within a downward trend, but at the moment there is a potential for completing the formation of an inverted forex head and shoulders model, which indicates a potential increase from current levels to an area above 62 rubles per US dollar. USD/RUB Forecast Dollar Ruble on March 21, 2017 In favor of the rebound variant of the Dollar Ruble pair, a dense test of the upward trend line appears on the indicator of relative strength, the cancellation of the growth variant of the fall and the breakdown of the local…