Quotes of Gold XAU USD continue to move within the framework of the downward Forex model 5-0 quotes tightly test the upper border area and expect an attempt to continue falling with a potential drop target near the area of 1200. XAU/USD forecast Gold on March 22, 2017 In favor of falling quotes and Gold prices, the resistance area test comes on the indicator of relative strength. The cancellation of the variant of falling quotations and the prices for Gold will be performed by the breakdown of the area 1245, which will indicate the continuation of growth in the area…
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.
The currency pair is the Canadian dollar to the US dollar USD CAD continues to move within the upward channel and at the moment the potential for rebound and continuation of the pair’s growth to the area above the 1.35 level remains. USD/CAD Forecast Canadian Dollar on March 22, 2017 In favor of the growth of quotations of the Canadian dollar pair is the formation of the reversal forex model of the Head and shoulders, which indicates the continued growth from the current levels. By canceling the option, the breakdown of the area is 1.33, which indicates that the fall…
Quotes of BRENT crude oil continue to move within the downward trend, at the moment oil quotes are testing the lower limit of the Triangle model with a breakdown of which is expected to try to continue falling into the area below the level of $ 49 per barrel. Analysis and forecast BRENT oil prices on March 22, 2017 In favor of falling quotations and oil prices is the test of the downward trend line on the indicator of relative strength. The abolition of the drop in oil quotations will be followed by the breakdown of the region at $…
Quotations of the dollar yen USD JPY continued to fall and were able to leave the ascending channel. At the moment, we should not exclude the attempt to correct and continue falling into the area below the level of 111.00. USD/JPY Forecast Japanese Yen on March 22, 2017 In favor of the fall is the breakdown of the upward trend line on the relative strength indicator, as well as the rebound from this line, also the pair tests an important support area, the breakdown of which indicates the completion of the upward trend in the pair. Important news from Japan…
Currency pair Australian Dollar to US Dollar AUD USD continues to trade near the resistance area and at the moment there is a potential for rebound and fall into the support area near the 0.76 area. In favor of the fall is the breakdown of the ascending trend line on the indicator of relative strength. AUD/USD Forecast Australian Dollar on March 22, 2017 Cancellation of the option can be a breakdown of the area 0.7770, which indicates the exit of quotations outside the Triangle model, which will indicate the continued growth of the AUD/USD pair. Among the important news from…
The currency pair pound dollar GBP USD left the descending channel, but there is still potential for falling to the area of the nearest support within the framework of the development of the reversal Forex model. The failed swing on the indicator of relative strength. GBP/USD Forecast Pound Dollar on March 22, 2017 The purpose of falling and working off of such model is the area at the level of 1.2350. The cancellation of the option will be continued growth and closing of the pound dollar quotes above the 1.25 area. Important events from Britain, which may have an impact…
The currency pair euro dollar EUR USD continues to move within the framework of strong growth and at the moment the quotes of the pair break through the upper limit of the Triangle model, consolidation above these levels may indicate continued growth in the area above level 1.10 within the Triangle model. EUR/USD Forecast Euro Dollar on March 22, 2017 However, at the moment, the next Wedge model is being formed on smaller time intervals, which indicates a potential decrease in the euro dollar, to consider selling costs with a breakdown of the trend line on the indicator of relative…
Trading signals Japanese Yen USD/JPY on March 21, 2017 Purchase at the current price (112.75), StopLoss is set at 112.20, the target of growth is 113.50 Trading signals Australian Dollar AUD/USD as of March 21, 2017 Buy at the current price (0.7708), StopLoss set for 0.7680, the target of growth 0.7750 Trading signals Canadian Dollar USD/CAD as of March 21, 2017 Selling at the current price (1.3340), StopLoss is set for 1.3370, the target of the fall is 1.3270
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…
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…