Quotes of the dollar yen currency pair USD JPY finished the trading week at 114.57. Currently quotes were able to show a rebound from the rising channel’s lower border, which implies an attempt to continue the growth of quotations in the area above the level of 118. USD JPY Forecast on January 23, 2017 — January 27, 2017 In favor of a growth of quotations of dollar yen pair at the current trading week stands to rebound from the support line on the indicator of relative strength. Cancellation option will be a drop in the growth of quotations and sample…
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.
Quotes Gold XAU USD ended the trading week at the level of 1208. At the moment quotes are testing dense region of the upper limit of the downward channel FX 1:1 model, which indicates that an attempt to continue to fall below the level of 1105. Gold price Forecast on January 23, 2017 — January 27, 2017 In the fall of quotations favor option XAU/USD appears tight test resistance area on the indicator of relative strength. Cancellation option on Gold prices fall will be strong growth and the breakdown region of the upper boundary of the descending channel that will…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD finished the trading week at 0.7163. Pair remains tight upper bound test downstream channel, which indicates that an attempt to couple quotes fall area below 0.70 in the rebound from the resistance field. NZD USD Forecast on January 23, 2017 — January 27, 2017 In favor of a bounce speaks tight test downward trend line on the indicator of relative strength, it should be noted that the indicator for the second time this test the trend line. Cancellation option will break through the resistance area and…
Currency pair USD CHF Franc dollar closed the week at 1.0013 near the support area, which indicates a potential rebound of quotations pair at the beginning of the current trading week. The aim of growth of quotations pair usd chf is the area above the 1.0350 level. In favor of a growth of quotations of USD/CHF appears tight test rising trendline on the Relative Strength Indicator. USD CHF Forecast on January 23, 2017 — January 27, 2017 Cancellation option will increase pair drop in prices and the breakdown of the area 0.9920 closing prices that will point to a continuation…
Currency pair pound dollar GBP USD continues to move in the descending channel and fulfills reversal forex model failure swing on the indicator of relative strength. The purpose of the fall is the area at the level of 1.21. We hold a deal to sell gbp usd with tight stop. GBP USD Forecast Pound exchange rate on January 23, 2017 Is expected to accelerate the fall of quotes GBP/USD is a breakdown of the trend line on the indicator of relative strength. Cancellation option will drop in prices 1.2470 breakdown fields that indicates the output quotations beyond the upper limit…
Currency pair EUR USD continues to move in the forex Wedge pattern and at the moment here reversal pattern forming head and shoulders, indicating that the attempt to fall below the level of 1.05. In favor of a continuation of falling of euro dollar quotes appears breakdown of the uptrend line on the indicator of relative strength. EUR USD forecast Euro exchange rate on January 23, 2017 Expect EUR USD hasten the downfall of quotations is a breakdown of the level of 1.06. Cancellation option will be a strong growth area and the breakdown of 1.0750. We continue to keep…
Quotes Gold XAU USD continues to move in the upward correction, but at the moment of quotations of gold left the rising channel. Also, the values of the relative strength indicator forex struck down triangle model, which indicates that an attempt to continue to fall short of support at the level of 1160, followed by a fall to below the level of 1105. XAU USD forecast Gold price on January 23, 2017 In favor of a continuation of falling of quotations and prices for Gold serves the formation of reversal pattern Forex Head and shoulders at shorter periods of time,…
The currency pair Canadian dollar against the US dollar USD CAD continues to move within the framework of a strong upward trend, and at the moment the purpose of growth is the area above the level of 1.3550, which indicates an continued growth of quotations in the area above the level of 1.38. Forex USD CAD Forecast on January 23, 2017 We continue to hold the purchase of a pair, but the growth occurs without correction, which prevents build up long positions in the pair. Cancellation option of continued growth of the Canadian dollar quotations will be a strong fall…
Currency pair Australian dollar against the US dollar AUD USD continues to move in the upward correction, but at the moment the pair has broken lower boundary of the rising channel, indicating that the attempt to turn the correction and the pair fall to below 0.74. AUD USD Forex Forecast on January 23, 2017 In favor of the drop in prices AUD/USD appears breakdown of the trend line on the indicator of relative strength. We continue to hold the sale of the Australian dollar with a close stop. Cancellation option will drop in prices pair of strong growth above the…
Quotes BRENT crude oil continues to move in the formation of reversal pattern Forex Head and shoulders, indicating that the sample region 53 dollars per barrel and continued to fall below the level of 50 dollars. BRENT oil price forecast on January 23, 2017 Cancellation option will increase in quotes and strong oil prices above the level of 57.50 dollars, which indicates continued growth in an area above the local maximum level. Is expected to accelerate the fall is a breakdown of the neckline and the closing quotations below 53.40 area. BRENT oil price forecast on January 23, 2017 suggests…