Currency pair US Dollar to Russian Ruble USD/RUB continues to test the local minimum area, at the moment there is still potential for rebound of quotations of the pair in the area above the level of 58 rubles per US dollar. In favor of the growth of the dollar is a rebound from the support area on the indicator of relative strength, as well as the formation of the head and shoulders reversal pattern on the indicator. USD/RUB Forecast Dollar Ruble on April 4, 2017 The cancellation of the growth variant of the pair USD/RUB will be the fall and…
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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 to US dollar USD/CAD continues to trade within the lateral trend and at the moment there is still potential for rebound and continuing growth in the area above the level of 1.3420. Breakdown of this area will indicate the continued growth of quotations of the Canadian dollar in the area above the local maximum level. Cancellation of the variant of development of the upward trend in the pair will be the fall and breakdown of the support level with the USD/CAD quotes closing below the level of 1.3280, which will indicate the acceleration of the…
Quotes of BRENT crude oil continue to move within the framework of the upward correction, but at the moment prices are testing the area of the upper boundary of the descending channel. It is worth waiting for an attempt to rebound and develop a decline in the area below the level of 52 rubles per US dollar. In favor of the decrease is the test of the resistance region on the indicator of relative strength. The abolition of the fall in oil prices will be a strong growth and breakdown of the region of $ 54 per barrel, which will…
Quotations of the currency pair US Dollar to Japanese yen USD/JPY continue to be traded within the descending channel and at the moment there is still potential for the pair to fall below the local minimum level within the framework of the bear model 5-0. In favor of falling quotations of the pair USD/JPY is the breakdown of the upward trend line on the indicator of relative strength, which also indicates a drop already from the current levels. The cancellation of the decline of the pair of Yen Dollar pair quotations will result in strong growth and breakdown of the…
Currency pair Australian Dollar to US Dollar AUD USD continues to decline and at the moment the pair has tested the support area. It is worth waiting for an attempt to continue falling quotations of the pair in the area below the level of 0.7535. In favor of the fall is the breakdown of the line of the neck on the indicator of relative strength, which indicates the continuation of the decline and development of the reversal forex model of the head and shoulders. Cancellation of the fall option will be a strong increase above the level of 0.7680, indicating…
Currency pair pound dollar GBP/USD continues to test the area near the level of 1.25. At the moment, the potential for a drop in quotations of the pound dollar remains below the level of 1.23. In favor of the fall is the formation of a reversal model. The double top, to expect the acceleration of the fall is with the breakdown of the upward trend line, as well as the support area near 1.2360. Cancellation of the variant of the fall of quotations of the pound dollar will be the breakdown of the area of 1.2620, which will indicate the…
The currency pair Euro Dollar EUR/USD continues to fall and at the moment there is a probability of a decline to the area below the level of 1.0560. In favor of the fall is the breakdown of the trend line on the indicator of relative strength. With the breakdown of the region 1.0560, it is expected to accelerate the fall of the pair to the local minimum area of 1.0350. The cancellation of the variant of falling quotations of the euro dollar will be a rise above the level of 1.0740, which will indicate the continuation of the development of…
The currency pair US Dollar to Swiss Franc USD/CHF continues to grow and at the moment the potential for the test area of 1.0140 remains. In favor of the continued growth of the Dollar Franc forex pair is the test of a broken trend line on the indicator of relative strength. The cancellation of the pair’s growth option may be the fall and breakdown of the area 0.9980, which will indicate the continuation of the development of the downward correction in the pair. USD/CHF Forecast Swiss Franc on April 4, 2017 Important news from Switzerland, which may have an impact…
Quotations of the currency pair New Zealand Dollar against the US Dollar NZD USD continue to decline, but at the moment there are risks to see the pair’s growth in the area above 0.7080 as part of the development of the head and shoulders reversal pattern on the relative strength indicator. Canceling the option growth will be a breakdown of the area of 0.6950, indicating that the price of NZD/USD will continue to decline. NZD/USD Forecast New Zealand Dollar on April 4, 2017 Among the important news from New Zealand, which may have an impact on the NZD/USD exchange rate,…
Quotes of Gold XAU/USD continue to move near the area of 1245. At the moment there is the potential for a simple quotation in the raid above the level of 1253. In favor of the rebound is the formation of the reversal Forex Head and shoulders models on the indicator of relative strength, and also on the price chart itself. After the test of area 1253 it is necessary to expect continuation of decrease in prices for Gold. XAU/USD Forecast Gold prices on April 4, 2017 Cancellation of the rebound option may become a breakdown of the area 1238, which…