Quotes BRENT crude oil ended the trading week at $ 55.87 a barrel. Oil continues to trade in a model triangle and we can expect another attempt to test the upper boundary and early fall. With the breakdown of the lower boundary of the triangle pattern we can expect acceleration of falling oil quotations to below $ 50 per barrel. BRENT Forecast on March 6, 2017 — March 10, 2017 In favor of the version of the fall of quotations and the price of oil will make a tight test of the descending trend line on the indicator of relative…
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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.
Currency pair Australian dollar against the US dollar AUD USD closed the week at 0.7593. The pair was able to show the fall in the rebound from the top of the forex triangle patterns. Currently retained potential for further pair of quotes fall to the lower boundary of the rising channel near the area of 0.7420, this field sample points to continued decline in the area of the lower border triangle forex pattern at a level below the area of 0.7150. AUD/USD Forecast on March 6, 2017 — March 10, 2017 However, the pair is testing the support area, and…
The currency pair Canadian dollar against the US dollar USD CAD finished the trading week at 1.3373. The pair showed strong growth within the mining bullish wave Wolf, however, a potential target of the growth is the area above the level of 1.36. At the moment quotes are testing the resistance area, and there are risks to see a correction USD/CAD quotes to 1.33, where again we can expect attempts of growth. USD/CAD Forecast on March 6, 2017 — March 10, 2017 In favor of a growth in the Canadian dollar quotations of the push test a broken trend line…
Quotes of the dollar yen currency pair USD JPY finished the trading week at 113.97. the pair continues moving inside the ascending channel, and at the moment is stored capacity for the continued growth of quotations couples in the area above the level of 116 to the potential growth in the area above the local maximum level. USD/JPY Forecast on March 6, 2017 — March 10, 2017 In favor of a continuation of growth of pair of quotes will make a tight test rising trendline on the Relative Strength Indicator. Also on the forex pair formed the model triangle and…
Quotes Gold XAU USD finished trading at the level of 1234. At this time the week gold price fled the forex Wedge pattern and has the potential for continued decline in the area below the 1185. In favor of equal options for continuing the fall is the formation of reversal pattern Forex failure swing on the indicator of relative strength, which also points to the sample area 1185. XAU/USD Forecast on March 6, 2017 — March 10, 2017 Cancellation option of reduction of quotations and prices for Gold will be the breakdown of the upper boundary of the descending channel…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD finished the trading week at 0.7044. The pair showed a decrease, and at the moment is stored potential to continue fall to below 0.6840. But do not try to exclude New Zealand Dollar quotations correction to resistance at 0.7180, where once again we can expect a decrease in prices. NZD/USD Forecast on March 6, 2017 — March 10, 2017 In favor of a bounce from current levels appears tight test the rising trend line on the indicator of relative strength. Cancellation option quotations falling NZD/USD will…
Currency pair USD CHF closed the week at 1.0072. The pair continues moving inside the rising channel and retained the potential for continued growth in the region above the level of 1.0250. In favor of a pair of dollar growth of quotations Frank testing the breached trend line on the indicator of relative strength. USD/CHF Forecast on March 6, 2017 — March 10, 2017 Expect faster growth of quotations of USD/CHF is a breakdown of the upper limit of the downward channel. Cancellation option perforation growth lion pair would be the breakdown of 1.0020 area, which point to continued decline…
Mexican Currency pair dollar USD/MXN traded at 19.49. The pair continues to move below the moving average with a period of 55, indicating a downward trend pair. We should expect a small correction in the region of 19.70 quotations and continuation of falling of pair USD/MXN. Bollinger Bands forecast USD/MXN on March 6, 2017 The purpose of the fall may make the area below the 19.10 level. Conservative area to sell the pair is located on the upper level of the indicator Bollinger Bands border near the level of 20.20. The breakdown of this area indicates the potential change of…
Quotes of WTI crude oil traded at 53.46 dollars per barrel. Oil continues to move below the moving average with a period of 55, suggesting a downward trend. At the moment, we can expect a tight test of the moving average and continuing WTI falling oil prices. Bollinger Bands WTI oil forecast on March 6, 2017 The first goal of the fall is the area on the level below 52.55 dollars per barrel. Conservative area for oil sales is at the upper end of the indicator strips near the region of US $ 54.55 per barrel, a break of this…
Quotes XAU/USD Gold traded at 1234. Quotations were able to break through the lower boundary of Ichimoku Cloud and at the moment there is a potential for further development of the downward trend for the pair. Ichimoku Kinko Hyo XAU/USD forecast on March 6, 2017 Previously it received a weak signal in favor of the sales and the breakdown of cloud confirmed the signal. We should expect a tight test the breached border of the Ichimoku Cloud and continuing reduction of quotations and prices for Gold to below the level of 1215. Cancellation option of continuing fall in prices for…