Author: 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 EUR USD continues to move in the fall, at the moment quotes could push off from the support area. We should expect another attempt to fall in the rebound from the downward trend line on the indicator of relative strength. EUR USD Euro Dollar forecast 6 March 2017 This structure is a model of forex descending triangle, the breakdown of the lower boundary of the model indicates the acceleration of the fall to below 1.0350. Cancellation option will make the sample fall of quotations 1.0640 area, that will indicate the completion of the reduction and the beginning of…

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Quotes BRENT crude oil continues to move in the lateral trend and at the moment there is a tight test of the lower boundary. We should expect the attempt to break the field and continue falling to the level of 53 dollars per barrel. Forecast BRENT oil prices on March 6, 2017 Cancellation option drop in prices and the price of oil will breakdown the upper boundary of the closure of the oil quotes above the level of 58 dollars per barrel, which indicates an increase continued. Forecast BRENT oil prices on March 6, 2017 suggests an attempt to break…

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Quotes Dollar Yen currency pair USD JPY continues to move in the growth and at the moment quotes are testing the resistance line tight. There remains the potential for the breakdown of the area and continued growth in the region above the level of 118. USD JPY Forecast Japanese Yen exchange rate on March 6, 2017 In favor of a continuation of the growth of quotations of dollar yen pair performs the breakdown of the resistance line on the indicator of the relative strength and a tight test of the line. Cancellation option price growth pair USD/JPY will fall and…

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Currency pair Australian Dollar US Dollar AUD USD continues to move in the downward trend. At this moment we should expect the test resistance area and attempt to continue falling Australian dollar quotations in the area below the level of 0.74. AUD USD forex forecast on March 6, 2017 In favor of variant accelerating drop in prices pair performs a return to a broken line of resistance on the indicator of relative strength. Cancellation option can become a strong growth and a break of resistance area with the closing quotes above level 0.7620. Among the important news from Australia that…

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Currency pair USD CHF Franc Dollar continues moving inside the ascending Forex 1: 1 model, but at the moment the pair quotes are testing resistance area, and there are risks to see the development of correction before resuming growth. USD CHF Forecast Swiss Franc on March 6, 2017 In favor of couples of quotations rebound Dollar Frank will perform the test the support line on the indicator of relative strength. With the breakdown of the upper limit of the downward channel is expected to accelerate the growth of the pair above the area with the aim of 1.0250. Cancellation option…

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Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD continues to move in the fall and currently quotes penetrate the area of the rising channel’s lower border. We should expect a tight test the breached border and continuing reduction of quotations with the first target at the level below the area of 0.6950. NZD USD forex forecast at 6 March 2017 In favor of a continuation of NZD/USD falling perform test the broken trend line on the indicator of relative strength. We closed some positions in connection with the test field support and risk of…

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Quotes Gold XAU USD continues to move in the fall and early mining Forex Wedge pattern with the potential to reduce the level below the area of the fall of 1185. In favor of the version appears breakdown of the trend line on the indicator of relative strength, indicating a continuation of falling of quotations and prices for Gold. XAU USD Forecast gold 6 March 2017 Currently gold is testing the support area, and there are risks to see a rebound, and only then continued reductions. Is expected to accelerate the fall of XAU/USD quote is a breakdown of the…

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The currency pair Canadian dollar against the US dollar USD CAD continues to move within the framework of strong growth and is now preserved potential for continued growth in the region above the level of 1.36. In favor of a continuation of growth of pair of quotes will make a tight test of the broken trend line on the indicator of relative strength. USD CAD Forecast Canadian Dollar on March 6, 2017 Cancellation option will be a breakdown of 1.3350 area, which point to a continuation of the correction for the pair. We continue to keep buying USD/CAD and are…

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Currency pair USD CHF Franc Dollar continues to move in the uplink and currently quotes could push off from the support area. We should expect an attempt to continue the growth of quotations Dollar Frank in March 2017 in the area above the level of 1.05, a break of this level will indicate continued growth in the region above the level of 1.08. USD/CHF forecast exchange rate dollar March 2017 In favor of the version of the growth is the breakdown of the descending trend line on the indicator of relative strength. Cancellation option of bullish trend for the pair…

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Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD started trading month of March with a fall. The pair is still trading within a descending Forex 5-0 model, target of the pattern is the area below the level of 0.62. In favor of a continued drop in prices pair appears rebound values relative strength indicator of the resistance area. NZD/USD Forecast New Zealand Dollar March 2017 Is expected to accelerate the fall of the pair NZD/USD in March 2017 is a breakdown of an important area of support at the level of 0.69, which indicates…

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