Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD continues to move in the reduction, but at the moment quotes are testing the lower limit of the downward channel. There are risks to see a rebound of quotations in the area above the level of 0.7040, where once again we can expect the fall. In favor of reducing the NZD/USD quotes perform the test a broken trend line on the indicator of relative strength. NZD/USD Forecast New Zealand Dollar on March 7, 2017 The potential to reduce the quotations is the area below the level…
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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.
Quotes Gold XAU USD continues to move in the rebound from the support area, and there are risks of dense level test in 1245, where once again we can expect reduction of quotations and prices for Gold. With the breakdown of the area in 1225 is expected to accelerate the fall of the XAU / USD forex trading and testing of a model wedge with the potential to reduce the level below the area of 1185. XAU/USD Forecast GOLD on March 7, 2017 Cancellation option on Gold prices fall will make the breakdown area 1250, which points to potential growth…
The currency pair Canadian dollar against the US dollar USD CAD continues to move in the growth and now firmly testing the resistance area, which indicates that the risks of a pair of correction. However, in favor of the continuation of the growth is the test of the broken trend line on the indicator of relative strength. The immediate goal of growth of the Canadian dollar quotations of the area at the level of 1.35. USD/CAD Forecast Canadian Dollar on March 7, 2017 In the case of the breakdown level of 1.3350 is expected to continue to reduce the rising…
Quotes BRENT crude oil continues to move in the lateral trend and at the moment quotes are testing a major support line, the breakdown of which points to the continuation of the decline from the first target at the level of 53 dollars per barrel. In favor of a lowering of quotations and oil prices testing the rapid downward trend line on the indicator of relative strength. Analysis and forecast oil prices BRENT on March 7, 2017 Cancellation option will drop BRENT quotations breakdown region of the upper border of lateral movement that will point to the continued growth of…
Quotes Dollar Yen currency pair USD JPY continues to move in the form of forex model Triangle and at the moment the pair is testing the support area. We should expect the attempt to rebound from this level and the pair outside the model triangle that points to the continued growth of quotations pair Dollar Yen. USD/JPY Forecast Yen Dollar on March 7, 2017 In favor of a growth in the push test rising trendline on the Relative Strength Indicator. In the case of the breakdown region 113.40 worth pressed reduction pair quotes at 112.65 area, where once again we…
Currency pair Australian Dollar US Dollar AUD USD continues to move in the downward trend. Currently quotes pair AUD/USD testing resistance area, and there are risks to see continued declines in the region of the rising channel’s lower border region near 0.74. AUD/USD Forecast Forex on March 7, 2017 In favor of the version of the fall of acts of resistance test on the indicator of relative strength. cancellation drop option may be sample area of 0.76, which indicates a potential test of the next resistance level near 0.7670 area. We try to keep a pair of sales and open…
Currency pair pound dollar GBP USD continues to move through loss. Currently quotes are very close to the lower boundary of the descending channel, we should expect this area and try to rebound above 1.23 level test. Break the bottom of the channel will indicate an acceleration of decrease in pair of quotes for the purpose of falling below the level of 1.2080. GBP/USD Forecast Pound Dollar on March 7, 2017 In the case of the pound quotations correction is to wait for the test downward trend line on the indicator of the relative strength and once again consider selling…
Currency pair EUR USD showed a strong rebound from the support area 1.05. Only the breakdown of this level will indicate the continuation of decline in the euro. At the moment, the value of the relative strength indicator again repelled by the descending trend line, indicating that the attempt of the next fall of the euro against the US dollar with the first target at the level of 1.05. EUR/USD Forecast Euro Dollar on March 7, 2017 Cancellation option can be a breakdown 1.0650 area, which point to continued growth in EUR/USD in the area of the upper limit of…
Currency pair EUR USD closed the week at 1.0620. The pair could not break the important support level 1.05, which would indicate a continuation of decline in the euro. At the moment, the pair continues moving inside the descending channel and remain potential to continue until the fall of the euro is not the dollar quotes struck the upper boundary of the channel. EUR/USD Forecast on March 6, 2017 — March 10, 2017 In favor of the continuation of falling of quotations EUR/USD breached the push test of the trend line on the indicator of relative strength. The current structure…
Currency pair pound dollar GBP USD closed the week at 1.2291. The pair continues to trade within the downward trend and currently retained potential for further reduction of quotations pound dollar. In favor of the fall version appears breakdown ascending trend line on the indicator of relative strength. We should expect the attempt to re-test the line and rebound and lowering quotes GBP/USD. GBP/USD Forecast on March 6, 2017 — March 10, 2017 The immediate goal of the fall is the area at the level of 1.2050, this field sample points to continued decline in the area of a local…