Currency pair EUR USD Euro Dollar continues moving inside the descending pattern forex 1:1 and is stored potential to continue falling in the area of a local minimum at the level of 1.0350. We continue to try to sell the dollar and the euro are increasing the amount of short positions on the pair EUR/USD. EUR USD Forecast euro dollar on March 2, 2017 Cancellation option will be the fall of the euro breakdown upper boundary of the descending channel that will indicate the completion of an ongoing downtrend for the pair and try to point to a reversal in…
Author: forex24pro
Currency pair pound dollar GBP USD continues to move through the development of a fall. Quotes were able to penetrate the area of support and the rising trend line on the indicator of relative strength that will point to the continuation of the reduction with a view to the field below 1.22. GBP USD Forecast Pound Dollar on March 2, 2017 The breakdown of this area indicates the potential test 1.19 level. We continue to keep selling the pair pound dollar and increase the amount of short positions on the development of a fall. Cancellation option will be the reduction…
Currency pair Australian Dollar US Dollar AUD USD continues to move through the completion of the upward movement and retained the potential to drop a pair of quotes in the area below the level of 0.7540. In favor of the drop in prices AUD/USD appears breakdown uptrend line on the indicator of the relative strength and areas of support. AUD USD Forecast Australian Dollar on March 2, 2017 Cancellation option Australian dollar quotations fall is the area of the breakdown of a local maximum, it will point to continued growth in the region above the level of 0.78. Among the…
Quotes Dollar Yen currency pair USD JPY continues to move in the mining bullish forex Wolfe wave model with the upside above 114.45 area. It also remains to date the inverted head and shoulders pattern, which indicates a potential growth area above 118.00. USD JPY Forecast Japanese Yen on March 2, 2017 Cancellation option of continued growth of quotations of dollar yen pair will drop in and sample the local minimum area that indicates an continuation of the downward trend for the pair. Expect faster growth of quotations of USD/JPY is a breakdown of the level of the neckline and…
Quotes BRENT crude oil continues to move in the lateral trend and is currently retained potential for a tight test resistance area and the rebound from these levels to below the level of 55.70 dollars per barrel. In favor of the version of the fall of quotations and oil prices will make the test resistance area on the indicator of relative strength. Analysis and forecast of oil prices on March 2, 2017 Cancellation option of falling prices of oil will make the breakdown field of 58 dollars per barrel, which will point to the continued growth in the region above…
The currency pair Canadian dollar against the US dollar USD CAD continues to move in the mining bullish wave pattern Wolfe Forex with a potential upside target above 1.36 area. At the moment quotes are testing the resistance area and has the potential for a rebound and the development of a minor correction for the pair USD/CAD. USD CAD Forecast Canadian Dollar on March 2, 2017 At the time of the test the broken trend line on the indicator of relative strength is expected to continue growing in the area above the level of 1.35. We continue to increase the…
Quotes Gold XAU USD continues to move in the completion of the Forex Wedge pattern, the breakdown of which they indicate an continuation of falling of quotations and prices for Gold to below the level of 1215. XAU USD Forecast price of gold on March 2, 2017 Cancellation of the fall of quotations options XAU USD will break-down area of the local maximum and the closing quotations of gold above the area in 1265 that point to a continuation of growth. In favor of the falling price of gold also supports the breakdown of the trend line on the indicator…
Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD continues to move in the decline and now has the potential to continue fall to below 0.7050. In favor of a continuation of the fall of the New Zealand Dollar quotations acts sample support line on the indicator of relative strength. NZD USD Forecast New Zealand Dollar exchange rate on March 2, 2017 We continue to hold a pair of sales and trying new deal in favor of the NZD/USD falling. Cancellation option fall camp breakdown resistance region with closing above 0.7150 area, which indicates continued…
Currency pair USD CHF Franc Dollar continues moving inside the ascending Forex 1:1 model with a potential target of the above 1.0250 area. At the moment, we can expect a small correction the pair quotes and continued growth. USD CHF Forecast Dollar Franc on March 2, 2017 Expect to accelerate the development of an upward trend for the pair Dollar Frank is a breakdown of the top of the rising channel. Cancellation option will be a rise in share price falling below the 1.0020 area, which points to the breakdown of the channel’s lower border and continuing decline. Among the…
Currency pair Australian Dollar AUD/USD is trading at 0.7654. The pair broke through the lower boundary of Ichimoku Cloud and at the moment there is a potential for a continuation of falling Australian dollar quotations in the region at the level of 0.7580. Previously it received a weak signal to sell the pair by the intersection of the signal lines. Ichimoku Kinko Hyo forecast AUD/USD on March 2, 2017 Cancellation option of a downward trend for the pair AUD/USD will break-down the upper limit of the Ichimoku Cloud and closing quotations of the pair above the 0.7720 area, which indicates…