Currency pair Australian dollar against the US dollar AUD USD closed the week at 0.7680. The pair continued to rise, but the value of the relative strength indicator is still testing the resistance area, which indicates the likely rebound and began to fall. Forecast AUD USD on February 6, 2017 — February 10, 2017 But do not rule out an attempt to test the upper boundary of the forex triangle patterns with the growth of the Australian dollar quotations to 0.7750, where an attempt is worth reviving the fall. Among the important news from Australia which may have an impact…
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 Canadian dollar against the US dollar USD CAD finished the trading week at 1.3022. The pair was able to break through the lower boundary of the rising channel, which may indicate a continuation of the reduction and change of trend in favor of the fall, but here there is a bullish wave pattern Wolfe, which can trigger the growth of the Canadian dollar quotations in the area above the level 1.35. USD CAD Forecast on February 6, 2017 — February 10, 2017 In favor of growth of pair as formation of acts forex reversal patterns failure swing…
Quotes of the dollar yen currency pair USD JPY finished the trading week at 112.55. The pair continues to trade within the downward correction and is currently retained the capacity to rebound and start the growth of a pair of quotes in the area above the level of 116.00. USD JPY Forecast Yen Dollar on February 6, 2017 — February 10, 2017 In favor of a growth of quotations will perform the test rising trendline on the Relative Strength Indicator. Cancellation option of growth of pair Dollar Yen will fall and breakdown area 109.50 that will point to the continued…
Quotes Gold XAU USD ended the trading week at the level of 1220. At the moment, formed a reversal pattern Forex failure swing in the relative strength indicator, which indicates an area of the sample in 1190 closing prices. XAU USD Gold price forecast on February 6, 2017 — February 10, 2017 Cancellation option will be a strong increase in the price of gold and the breakdown field of 70 indicator of relative strength, in such a case, the next upside target will perform resistance area near the level of 1250. XAU USD Gold price forecast on February 6, 2017…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD finished the trading week at 0.7311. The pair was not able to develop a drop in the framework of start mining forex reversal patterns on the head and shoulders shorter periods of time. Technical analysis NZD USD on February 6, 2017 — February 10, 2017 At the moment, we should not exclude an attempt to continue the growth of dense test the upper boundary of the descending channel near the area of 0.7350, this field sample points to continued growth in the region of a local…
Currency pair USD CHF Franc dollar closed the week at 0.9919. The pair continues to trade near the lows, but the potential for a rebound quotes usd chf pair on the next trading week is stored. In favor of the version of the growth is the tight test rising trendline on the Relative Strength Indicator. USD CHF Forecast on February 6, 2017 — February 10, 2017 The aim of the area can be a growth rate of above 1.01. Cancellation option will be a breakdown of 0.9850 area, which point to a continuation of falling of pair of quotes in…
Currency pair USD CHF Franc Dollar continues moving inside the bullish Forex Wolfe Wave pattern with a potential target of growth and refinement at the level above 1.0050. We try aggressive buying the pair with the tight stop and are ready to increase the amount of long positions in the pair USD/CHF on the development of growth. USD CHF Forecast Dollar Frank on February 6, 2017 In favor of a continuation of growth of pair of quotations serves breakdown of the trend line on the indicator of relative strength. Cancellation option will drop the mining model and the breakdown of…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in the formation of reversal pattern Forex Head and Shoulders, retained the potential to accelerate the drop in prices and decrease in pair with the breakdown of the neckline. NZD USD Forex New Zealand Dollar forecast on February 6, 2017 The purpose of the fall is the area of the pair quotes at 0.7060 below. Cancellation option will update the local maximum field that points to continued growth of quotations in the area above the level of 0.74. We try aggressive selling the…
Quotes of the dollar yen currency pair USD JPY continues to move in the bullish wave pattern Wolfe. At the moment the pair is trying to make a start, but do not rule out an attempt to correct further down, and only then to continue the growth of quotations 114.60. USD JPY forecast dollar exchange rate on February 6, 2017 Cancellation option will drop the pair quotes in a region below the local minimum. Expect faster growth USD/JPY quote is a breakdown of the level of 144.00. We try aggressive buying a pair, and are ready to increase the volume…
Quotes Gold XAU USD continues to move in the formation of reversal pattern Forex double top. At the moment, preserved potential for a fall in quotations and prices for Gold to the descending channel that will point to the continuation and reduction. In the fall of favor perform line break of the uptrend, as well as the breakdown of the area of support. XAU USD Forecast price GOLD on February 6, 2017 It is also an important signal for the continuation of falling prices for gold appears to rebound relative strength indicator values on a downward trend line. Cancellation option…