Author: forex24pro

Quotes currency pair Dollar Yen USD JPY continues to move in the descending channel and currently have the capacity to rebound the pair quotes in a region at the level of 114.40, from which we can expect a rebound and began falling under the mining reversal forex model’s head and shoulders with the potential to reduce on below 111.00 area. Forex forecast Dollar Yen (USD/JPY) on February 17, 2017 Cancellation option will be a breakdown of the field of local maximum and the closing quotations of the pair above the 115.00 level that points to continued growth of quotations pair…

Currency pair Australian Dollar US Dollar AUD USD continues to move in the upward trend, but the potential for a dip at the moment is stored. In favor of the drop in prices pair acts as the formation of topping forex head and shoulders pattern on the indicator of relative strength. AUD USD Forecast Australian Dollar on February 17, 2017 It should be expected to fall in an attempt to support the area at the level of 0.76, with a breakdown of which is the potential for further reduction in the area below the level of 0.7520. Cancellation option will…

Currency pair pound dollar GBP USD continues to move in the uplink and currently the pair rebounded from the support area. We should expect a tight test of the broken trend line on the indicator of the relative strength and the beginning of growth of quotations pair pound dollar to above the level of 1.2600. GBP USD Forex Forecast Pound Dollar on February 17, 2017 Cancellation option of continued growth of quotations of GBP/USD will drop and the breakdown of the rising channel’s lower border, which will point to the decrease in quotations in the area below the level of…

Currency pair EUR USD continues to move in the upward correction due to mining forex Wedge pattern. At the moment, the euro dollar quotes are testing resistance area, and there is potential for a rebound and continued growth of EUR/USD quotes in the area above the level of 1.07, where again is expected to fall within the framework of the descending pattern forex, 5-0. EUR USD Forecast Forex Euro Dollar on February 17, 2017 Target of the fall will make the area below the level of 1.05. Cancellation option will be the fall of quotations breakdown of 1.0750 area, which…

Currency pair EUR JPY continues moving inside the descending pattern forex 5-0 with a potential target of the fall to below 119.50 area. Currently quotes tightly couples the upper bound test pattern, indicating the beginning of a potential rebound and fall. EUR JPY Forecast Euro Yen on February 17, 2017 Cancellation option reduce the EUR/JPY will rise above the level of 121.60, which will point to a continuation of the euro the yen growth in the area above the level of 122.10. Is expected to accelerate the fall of the euro, the yen is a pair of quotations from the…

Currency pair pound Franc GBP CHF continues to move in the forex triangle patterns. At the moment, there is the potential for the drop in prices to the lower boundary of the model at a level below the area of 1.2365. In favor of a drop in prices Pound Franc forex favor the formation of topping model, head and shoulders, it indicates a drop since the current levels. GBP CHF forecast Pound Frank on February 17, 2017 Cancellation option of decrease in pair GBP/CHF Forex will be a strong growth area and the breakdown of local maximum with the closing…

Currency pair pound euro EUR GBP continues to move through going beyond the model triangle and at the moment quotes are testing the breached border region forex model. We should expect a rebound attempt and the beginning of falling of pair of quotes in the area below the 0.84 level within the mining model Triangle. EUR GBP forecast Euro Pound on February 17, 2017 In favor of a fall from current levels appears tight test downward trend line on the indicator of relative strength. Cancellation option will drop the euro the pound strong growth above the level 0.8565, which will…

Gold prices XAU/USD traded at $ 1233.32. Currently quotes were able to break through the upper limit of the Ichimoku Cloud and was previously a signal to purchase medium strength, which indicates continued growth in prices of gold in the area above the level of 1250. XAU/USD Analysis Ichimoku Kinko Hyo on February 17, 2017 Cancellation option growth XAU/USD will drop and the breakdown of the lower limit of the Ichimoku Cloud with closing quotations below the area in 1217, in this case it is necessary to give birth to a potential change of the trend in favor of reduction.…

Currency pair EUR USD continues to move through reduction pair quotes tested the important support area near the level of 1.05. At the moment, there is potential for a rebound in the dollar the euro quotations area above the level of 1.0650, in favor of a rebound of quotations serves breakdown forex Wedge pattern on the indicator of relative strength. EUR USD Forecast Euro Dollar on February 16, 2017 Cancellation option growth of EUR/USD quotes will sample area 1.05, which points to the continued decline in the area below the level of 1.0350. Among the important news that could affect…

Quotes BRENT crude oil continues to trade within a lateral movement and is currently retained potential for a tight test the resistance level near the region of US $ 57.50 per barrel, from which we can expect the beginning of falling of quotations of oil in the area below the level of 54 dollars per barrel. BRENT oil price forecast on February 16, 2017 In favor of quotations and fall in oil prices will make a tight test of resistance on the downlink indicator of relative strength. Cancellation option will reduce oil breakdown area $ 58 closing prices, that will…