Quotes of BRENT crude oil continue to move within the downward trend, but already now oil could break through the resistance area and there are risks of continuing growth in the area above the level of 53 dollars per barrel. BRENT crude OIL Forecast on March 30, 2017 In favor of rising oil prices is the breakdown of the downward trend line on the indicator of relative strength, which also indicates a potential breakdown of the upper boundary of the descending channel. Canceling the option of continuing growth will fall below area 51, indicating that the decline will continue 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.
Quotations of the US Dollar to Japanese Yen USD/JPY continued to grow and were able to break through the resistance area and at the moment the pair’s quotes are traded at 111.11. It is worth waiting for an attempt to rebound from these levels and fall into the area of the nearest support near the area of 110.50, where the pair can again show strong growth. USD/JPY Forecast Japanese Yen on March 30, 2017 In favor of the growth of quotations, the Yen Dollar will perform a tight test of the upward trend line on the indicator of relative strength.…
The currency pair US Dollar to Ruble USD/RUB continues to move within the framework of the formation of the bullish forex model of the Wolf wave in order to develop near the area of 58.40 rubles per US dollar. It is worth waiting for an attempt to test the lower boundary of the Wolf wave and continue the growth of the pair. USD/RUB Forecast Russian Ruble on March 30, 2017 Cancellation of the variant of growth will be a fall and breakdown of the region 56 rubles per US dollar, which will indicate the abolition of this model and the…
The currency pair US Dollar to Swiss Franc USD CHF continues to move within a downward trend, at the moment the pair quotes are testing the resistance area 0.9935. It is worth to expect an attempt to rebound and fall into the area below the level of 0.9890, in favor of the drop is the test of the downward resistance line on the indicator of relative strength. USD/CHF Forecast Swiss Franc on March 30, 2017 Already near the area of 0.9890 is expected to complete the formation of an inverted Forex Head and Shoulder model and start growth with a…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the framework of the reversal forex model of the Head and shoulders, which indicates a potential continuation of the decline in the area below the level of 0.69. NZD/USD Forecast New Zealand Dollar on March 30, 2017 The abolition of the continuation of the decline in the NZD/USD pair’s quotations will result in a strong growth and breakdown of the 0.7090 area, which will indicate continued growth in the area above the level of 0.72. With the breakdown of the area of 0.69 we…
The Currency pair Pound to Japanese Yen GBP/JPY is trading at 137.797. The pair continues to trade below the lower boundary of the Ichimoku Cloud, which indicates a downward trend in the pair of Pound Yen. A local maximum test is expected near the level of 138.400, from which one should expect an attempt to fall and develop a bearish trend for this pair in order to reduce the level of 136.500. Ichimoku Forecast GBP/JPY on March 30, 2017 Previously, a strong signal was received for the sale of the pair of Pound Yen, due to the intersection of signal…
Brent crude is trading at 51.64. Quotes of Brent Oil have broken through the Ichimoku Cloud area and have begun to move above the upper boundary, which indicates that there is an upward trend in Oil. It is expected to test the upper boundary of the Ichimoku Cloud near the level of 51.10, from which one should expect an attempt to grow and develop the bull trend on Brent Oil with the aim of increasing the level of 52.90. Ichimoku Forecast Brent crude oil on March 30, 2017 Earlier, we received a weak signal for purchases of Brent Oil, due…
Gold XAU/USD is trading at the level of 1249.33. Gold continues to trade above the upper boundary of the Ichimoku Cloud, indicating that there is an upward trend in gold. It is expected to test the upper boundary of the Ichimoku Cloud near the level of 1245.00, from which one should expect an attempt of growth and development of the bullish trend for this pair with the purpose of increasing the level of 1259.00. Ichimoku Forecast XAU/USD on March 30, 2017 Earlier, a signal of medium strength was obtained for the purchase of Gold, by crossing the signal lines at…
The Currency pair US Dollar to Japanese Yen USD/JPY Yen is trading at 111.096. The pair is trading below the lower limit of the Ichimoku Cloud, which indicates a downward trend in the US Dollar Yen pair. It is expected to test the lower boundary of the Ichimoku Cloud near the level of 111.400, from which one should expect an attempt to fall and develop a bearish trend for this pair in order to reduce the level of 110.200. Ichimoku Forecast USD/JPY on March 30, 2017 Previously, a strong signal was received for the sale of the US dollar pair…
The Currency pair US Dollar to Russian Ruble USD/RUB is trading at 56.82. The pair continues to trade below the lower limit of the Ichimoku Cloud, which indicates a downward trend in the pair US dollar Russian ruble. It is expected to test the area of signal lines near the level of 57.30, from which one should expect an attempt to fall and develop a bearish trend for this pair in order to reduce the level of 56.40. Ichimoku Forecast USD/RUB on March 30, 2017 Earlier, a weak signal was received for the sale of the US dollar pair of…