Author: forex24pro

Currency pair Australian Dollar to US Dollar AUD USD continues to move within the development of the downward trend and at the moment quotations have broken through the local minimum area, it is expected to accelerate the fall of the pair into the area below the level of 0.75. AUD/USD Forecast Australian Dollar on March 29, 2017 In favor of continuing the fall, act as a rebound from the broken trend line on the indicator of relative strength. We are trying to increase the sales of the pair AUD/USD with a close stop-loss above the area of 0.7655. Canceling the…

Quotations of the US Dollar Japanese Yen USD JPY continued to decline and at the moment there is a potential for rebound into the resistance area, where again we should expect an attempt to continue falling to the area below the level of 109.50. USD/JPY Forecast Japanese Yen on March 29, 2017 The cancellation of the variant of falling quotations of the pair will be the breakdown of the resistance area with the closing of the quotations of the pair USD/JPY above the level of 111.95, which will indicate the continuation of the pair’s growth. Important news from Japan is…

Quotes of BRENT crude oil continue to move in the downward trend and at the moment there is still potential for continuing the decline in the area below the level of $ 49 per barrel. In favor of lower quotations and oil prices is a tight test of the downward resistance line on the indicator of relative strength. Analysis and forecast BRENT on March 29, 2017 The abolition of the continuation of the decline will be the breakdown of the upper boundary of the descending channel and the closing of oil quotes above the region of $ 53 per barrel.…

The currency pair is the Canadian dollar to the US dollar USD CAD continues to move within the upward channel and at the moment there is a potential for continuing the pair’s growth into the area above 1.35 level. In favor of growth is the probable breakdown of the Forex Diamond model up, which indicates the continued growth of the pair. USD/CAD Forecast Canadian Dollar on March 29, 2017 Canceling the option of continuing the development of the upward trend in the pair will be the fall and breakdown of the lower boundary of the channel, which points to a…

Gold Quotes XAU USD demonstrate a rebound from the resistance area and at the moment there is a potential for continuing the decline in gold prices in the area below the level of 1235. In favor of the drop, there is also a rebound from the downtrend line on the indicator of relative strength. XAU/USD Forecast Gold on March 29, 2017 Cancellation of the variant of falling quotes and prices for Gold will be a breakdown of the resistance area with the closing of quotations above the level of 1265. Also, the current structure on Gold is a reversal Forex…

Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD continued to decline under the beginning of working out a reversal of force model, head and shoulders. At the moment, the potential for continued decline in the pair’s quotations to the area below the level of 0.69 remains. NZD/USD Forecast New Zealand Dollar on March 29, 2017 Cancellation option quotations fall NZD/USD would be a strong rise, and the breakdown field of 0.71, which indicates cancellation reversal pattern and continued growth of the pair to levels above 0.72. Expect to accelerate the fall of quotations is…

The currency pair US Dollar Swiss Franc USD CHF continues to move within the framework of the beginning of the development of the ascending forex wave model of Woolf with the potential growth target near the area of 0.9970. At the moment, the pair’s quotes are testing the resistance area and there is a risk of seeing a rebound attempt and only after this continuation of growth. USD/CHF Forecast Swiss Franc on March 29, 2017 Cancellation option of an upward movement of the pair usd chf will drop and the sample area of a local minimum that will point to…

The currency pair US Dollar Ruble USD RUB continues its movement within the framework of the beginning of the development of the ascending wave model of Wolf for the purpose of growth above the area of 58 rubles per US dollar. In favor of the beginning of growth is a dense test of the ascending trend line on the indicator of relative strength. USD/RUB Forecast Dollar Ruble on March 29, 2017 With the breakdown of the region of 60 rubles per US dollar, it is expected to complete the decline and the pair’s quotations begin to rise in the area…

Trading signals British Pound GBP/USD on March 28, 2017 Sale at the current price (1.2563), StopLoss is set for 1.2605, the target is to decrease 1.2340. Trading signals Euro Dollar EUR/USD on March 28, 2017 Sale at the current price of 1.0863, StopLoss is set for 1.0900, the target is to decrease 1.0716. Trading signals US Dollar Japanese Yen USD/JPY on March 28, 2017 Purchase at the current price of 110.67, StopLoss is set for 110.20, the target of growth is 111.50.

The currency pair Euro Dollar EUR/USD continues to move within the upward trend, the pair could not break the support line on the relative strength indicator, so it is too early to speak about the completion of the upward trend in the pair. At the moment, the bearish Wolf wave is again forming with the aim of falling near the area of 1.0750. In favor of the fall is a tight test of the downward trend line on the indicator of relative strength. EUR/USD Forecast Euro Dollar on March 28, 2017 The first target is the support area at the…