The currency pair Euro Dollar EUR/USD is trading at 1.0653. Quotes Pairs are traded below the moving average with a period of 55, indicating a bearish trend for the euro dollar. At the moment, the quotations of the pair move between the lower and middle boundaries of the bands of the Bollinger Bands indicator. It is worth waiting for an attempt to grow and test the average border of the indicator bars near the level of 1.0720, where again we should expect an attempt to continue falling with the first goal near the level of 1.0590. Bollinger Bands EUR/USD forecast…
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The currency pair Euro Dollar EUR/USD has completed the trading week at the level of 1.0653. The pair was able to show a strong fall from the resistance area of 1.0850. At the moment, the potential for continuing the fall of quotations of the euro dollar to the area below the level of 1.04 remains within the framework of working off the descending wave model of Wolf. EUR/USD Prediction on April 3, 2017 — April 7, 2017 Canceling the fall of the pair will be a breakdown of the upper limit of the model and the closing of quotes above…
The currency pair Pound to US Dollar GBP USD completed the trading week at 1.2545. The pair continues to trade within the framework of the Forex Triangle model and at the moment it is necessary to expect a tight test of the upper limit of the model and the beginning of the fall. In favor of reducing the pound-dollar pair is a tight test of the downward trend line on the indicator of relative strength. GBP/USD Prediction on April 3, 2017 — April 7, 2017 While this line is not broken early to talk about the completion of a downward…
Quotes of BRENT oil finished the trading week at the level of 53.67 dollars per barrel. Oil could show a rebound from the bottom of the rising channel and at the moment there is still potential for continued growth of quotations and oil prices in the region above the level of $ 55 per barrel. Where can we expect a rebound and the beginning of the fall in oil prices in the region below the level of $ 50 per barrel. BRENT crude oil Prediction on April 3, 2017 — April 7, 2017 In favor of the fall of oil,…
The currency pair Australian dollar to US dollar AUD/USD finished the trading week at the level of 0.7625. The pair continues to move within the framework of the Triangle model and at the moment the potential for a pair of pair quotes from the upper boundary of the model remains and the beginning of the fall into the area below the level of 0.72. AUD/USD Prediction on April 3, 2017 — April 7, 2017 In favor of the fall is the formation of the reversal Forex model Double top, with breakdown of the trend line on the price chart, we…
The currency pair Canadian dollar to US dollar USD/CAD has completed the trading week at 1.3317. The pair continued to trade within the lateral trend, but at the moment there is a potential for falling quotations in the area of the lower border of the rising channel. In favor of the decline is the formation of the reversal forex model Head and shoulders on the indicator of relative strength. USD/CAD Prediction on April 3, 2017 — April 7, 2017 The abolition of the decline option will be a breakdown of the level of the right shoulder and the growth of…
Quotations of the currency pair US Dollar to Japanese Yen USD/JPY completed the trading week at the level of 111.39. The pair is testing the breached border of the upward channel and at the moment the potential for falling of the Yen Dollar quotes to the area below the level of 107 is maintained. In favor of the drop is the breakdown of the upward trend line on the relative strength indicator, which also indicates the continued decline of the pair USD/JPY. USD/JPY Prediction on April 3, 2017 — April 7, 2017 The abolition of the reduction option will be…
Quotes Gold XAU/USD completed the trading week at 1248. Gold quotes continue to move within the downward channel and at the moment there is still potential for continuing the decline after a tight test of the upper border of the channel. In favor of the drop, a resistance area test will be performed on the relative strength indicator. XAU/USD Prediction on April 3, 2017 — April 7, 2017 Cancellation of the variant of falling prices for Gold will be performed by the breakdown of area 1260, which will indicate the continued growth of XAU/USD. Here, the reversal Forex forex model…
Quotations of the currency pair New Zealand dollar against the US dollar NZD USD completed the trading week at 0.7008. The pair continues to decline in the downward channel and at the moment there is a potential for continuing the decline in the area below the level of 0.68. NZD/USD Prediction on April 3, 2017 — April 7, 2017 The cancellation of the option may be a strong growth and breakdown of the area of 0.7160, which will indicate the continued growth of the NZD/USD pair in the area above the level of 0.7350. Expect to accelerate the fall in…
The currency pair US Dollar to Franc USD/CHF finished the trading week at 1.0026. The pair was able to show strong growth from the support area and at the moment there is still a potential for continuing growth in the area of 1.02. In favor of the growth of USD/CHF quotes, a breakdown of the downward trend line will occur on the indicator of relative strength. USD/CHF Prediction on April 3, 2017 — April 7, 2017 To wait for completion of the correction, it is important to see the breakdown of the upper boundary of the descending channel, which indicates…