Currency pair USD CHF Franc dollar closed the week at 1.0072. The pair continues to trade within the upward channel and is faced by the lower limit. In favor of a continuation of growth and acceleration of the upward movement will make the breakdown downward trend line on the indicator of relative strength that will point to the potential growth in the area above the level of 1.0250. USD/CHF Forecast on 27 February, 2017 — 3 March, 2017 Cancellation option price growth pair usd chf fall camp and the breakdown of the channel’s lower border with the closing quotation below…
Author: forex24pro
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD finished the trading week at 0.7191. The pair continues moving inside the descending channel and has the potential for further drop in prices in the area of the lower limit on the level of 0.6850. In favor of the fall is the rebound of a downward trend line on the indicator of relative strength. NZD/USD Forecast on 27 February, 2017 — 3 March, 2017 Cancellation option of falling quotations NZD/USD can become a strong growth and the breakdown of the upper limit of the downward channel,…
Quotes Gold XAU USD ended the trading week at the level of 1256. Quotations were able to break through the resistance area in 1250, but at present formed forex Wedge pattern that points to the potential completion of the upward trend and the beginning of a drop in prices in the area below the 1220. XAU/USD Forecast on 27 February, 2017 — 3 March, 2017 In the match for the benefit of quotations and drop options the price of gold is a dense area of resistance test on the indicator of relative strength. However, with the increase in prices in…
Currency pair pound euro EUR GBP continues to move in the reduction, but at the moment the euro quotes pound tight field tested the lower limit of the bullish wave pattern forex Wolfe. The purpose of growth and refinement of this model is the area above the 0.8620 level. EUR GBP Forecast FOREX Euro/Pound on February 27, 2017 In favor of the version of the growth is the formation of reversal pattern Forex failure swing on the indicator of relative strength, as well as the formation of a double bottom pattern. Cancellation option Euro pairs rise in share price will…
Currency pair EUR USD continues to move in the upward movement, but the values of the relative strength indicator met resistance in the form of a downward trend line, indicating the potential to rebound from the current levels and the fall of the euro dollar to below 1.0450. EUR USD Forex Forecast on February 27, 2017 Cancellation option will be a breakdown of the upper limit of the downward channel and the closing quotations of the pair above the 1.0650 level, which points to a continuation of the upward movement in the area above the level of 1.0740 in the…
Currency pair pound dollar GBP USD continues to move in the uplink. but the pair found resistance near the 1.2520 area and currently quotes again trapped in a model triangle. We should expect another attempt to drop to the lower boundary of the model triangle with a potential breakdown it down and development fall to below 1.23. Forecast Forex GBP/USD on February 27, 2017 In favor of a continuation of the fall will make the breakdown of the trend line on the indicator of relative strength, which points to a drop in prices accelerated a dollar a pound. In the…
Currency pair Australian Dollar to US Dollar AUD USD continues to move in the upward correction, but the potential for the drop in prices is still present, as soon as the broken support area on the display relative strength is expected to accelerate the drop in prices pair AUD/USD with the first target at the level below the area of 0.76. AUD USD Forecast Australian Dollar on February 27, 2017 Cancellation option quotations falling perform sample area of a local maximum, it will point to a continuation of the growth of the pair. With the breakdown of the area of…
Quotes Dollar Yen currency pair USD JPY continues to move in the expectation and our USD/JPY forecast for each day. currently the pair tested the lower boundary of the bovine forex wave pattern Wolfe, indicating a potential rebound and continued growth of quotations of the dollar yen pair to above the level of 114.00. USD JPY forecast dollar yen on February 27, 2017 In favor of a longer growth from current levels of support shall take the field test on the indicator of relative strength. Cancellation option will drop the pair growth and breakdown area 111.80 that will point to…
Quotes BRENT crude oil continues to move in the forex model Triangle and at the moment, oil prices are repelled from the upper boundary of the model, indicating a continuation of the decrease in oil quotations in the area below the level of 54 dollars per barrel. BRENT oil price forecast on February 27, 2017 Even with the breakdown of the lower boundary of the model is expected to continue falling to below $ 50 a barrel. Cancellation option quotes and falling oil prices will be strong growth above the level of 58 dollars per barrel, while oil is trading…
The currency pair Canadian dollar against the US dollar USD CAD continues to move in the forex bullish wave pattern Wolfe with a potential target of the higher level of 1.35. At the moment quotes are testing punched border FX model, which indicates a potential rebound and continued growth of the Canadian dollar quotations with the immediate goal at a level above the area of 1.3220. USD CAD Forecast Canadian Dollar on February 27, 2017 In favor of quotations growth is the tight test the support line on the indicator of relative strength. We try to buy the pair with…