Quotes of the USD JPY could show a drop and at the moment quotes are testing the area of the lower border of the ascending Forex model 5-0. It is worth waiting for an attempt to rebound and continue growth in the area above the level of 115.50. USD/JPY Forecast Japanese Yen on March 17, 2017 In favor of the growth option is 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 the 113.00 area, which will indicate…
Author: forex24pro
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.
Currency pair Australian Dollar to US Dollar AUD USD has shown strong growth and at the moment quotes are testing the upper bound of the Forex forex Triangle model. It is worth the attempt to rebound and fall into the area below the level of 0.7640, the breakdown of which will indicate the continuation of the decline in the area below the level of 0.7520. AUD/USD Forecast Australian Dollar on March 17, 2017 In favor of the rebound option is the resistance area test on the relative strength indicator. Canceling the variant of falling quotations AUD/USD will break through the…
Currency Pound Pound Dollar GBP USD continues to move within the descending channel. At the moment, the pair’s quotes are testing the resistance area and there are risks of falling into the 1.21 area. In favor of the option of reducing the pound-dollar pair, act as a tight test of the downward trend line on the relative strength indicator. GBP/USD Forecast Pound Dollar on March 17, 2017 The abolition of the fall variant will be a breakdown of the region of 1.23, which indicates the continuation of growth in the region of the upper boundary of the descending channel near…
Currency pair dollar franc USD CHF continues to move within the descending channel, quotes were able to show a strong decline and at the moment there is a potential for continuing the development of the fall as part of the downgrade model 5-0. USD/CHF Forecast Dollar Franc on March 17, 2017 The purpose of the fall is the area near the level of 0.9850. However, we should not exclude the correction of quotations in the upper boundary of the descending channel, where again we should expect a fall. In favor of the development of upward correction from current levels, a…
Quotations of the currency pair New Zealand Dollar against the US Dollar NZD USD continue to move within the downward Forex model 1:1 to fall below the area of 0.6850. In favor of the continuation of the fall in the quotes of the pair NZD/USD, there is a tight test of the resistance area on the indicator of relative strength. NZD/USD Forecast New Zealand Dollar on March 17, 2017 The cancellation of the option will be the breakdown of the area 0.7070, which indicates the continuation of the upward trend in the pair. We are trying new positions in favor…
Quotes of Gold XAU USD continue to move within the framework of the development of an upward correction, at the moment the quotations of Gold tightly test the upper limit of the downward Forex of the 5-0 model. It is worth waiting for the attempt to rebound and the beginning of the fall of quotations in the area below the level of 1195. XAU/USD Forecast Gold on March 17, 2017 In favor of the beginning of the decline, test the resistance area on the indicator of relative strength. Canceling the continuation of the fall will be the breakdown of the…
The currency pair of the Canadian dollar to the US dollar USD CAD went into the development of correction, but at the moment the quotes of the pair are testing the area of the lower border of the rising channel. We should expect an attempt to rebound and continue the pair’s growth within the framework of upgrading the upward Forex 1:1 model with a potential growth target above the level of 1.3550. USD/CAD Forecast Canadian Dollar on March 17, 2017 In favor of growth is the test of the support area on the indicator of relative strength. The cancellation of…
Trading signals Japanese Yen USD/JPY on March 16, 2017 Buy from the level (112.82), StopLoss set for 111.60, the target of growth is 114.60. Trading signals Euro Dollar EUR/USD on March 16, 2017 Sale from the level of 1.0750, StopLoss set for 1.0780, the target of the fall is 1.0550. Trading signals New Zealand Dollar NZD/USD on March 16, 2017 Buy from the level (0.6950), StopLoss set for 0.6900, the target of growth is 0.7060.
Quotes of WTI crude oil are traded at the level of 49.40 dollars per barrel. At the moment the quotations continue to be traded at the lower level of the moving average with a period of 55, which implies the continuation of the development of a downward trend in oil. The purpose of the fall is the area at a level below $ 48 per barrel. Bollinger Bands forecast WTI oil on March 16, 2017 The breakdown of this area will indicate the outflow of quotes beyond the lower boundary of the Bollinger Bands and the continuation of the decline.…
The currency pair Euro Pound EUR/GBP is trading at 0.8727. The pair continues to trade above the moving average, which indicates the continuation of the development of bullish tendencies for the pair. At the moment, the Euro pound quotes were able to push away from the lower border of the Bollinger Bands indicator bars, which implies continued growth of the pair with the first target near the level of 0.8790. Bollinger Bands forecast EUR/GBP on March 16, 2017 Breakdown of this area will indicate the acceleration of the development of the upward trend. Canceling the continuation of the bullish trend…