Quotes BRENT crude oil ended the trading week at $ 56.35 a barrel. At the moment, oil prices continue to move in the forex model Triangle, quotes are repelled from the upper boundary of the model, indicating a potential rebound and fall to the lower limit on the level of 54 dollars per barrel. BRENT Forecast oil prices on 27 February, 2017 — 3 March, 2017 Break of the support and the lower boundary of the model triangle points to the continued decline in the area below the level of 50 dollars per barrel. In favor of the falling of…
Author: forex24pro
Currency pair pound dollar GBP/USD closed the week at 1.2459. The pair continues to trade below the resistance area, which indicates the potential continuation of the reduction in the area below the level of 1.21. In favor of the drop in prices pair Pound Dollar will perform sample uptrend line on the indicator of relative strength, which points to a potential test area below the level of 1.19. GBP/USD Forecast on 27 February, 2017 — 3 March, 2017 Cancellation option quotations falling GBP/USD will be strong growth and the breakdown field 1.28, which points to continued growth in the region…
Currency pair EUR/USD closed the week at 1.0558. The pair stayed close to the important area of support at 1.0550, the breakdown of this area will indicate the continued decline in the area below the level of 1.0350. In favor of a continuation of falling of euro dollar quotes appears breakdown of the uptrend line on the indicator of relative strength. EUR/USD Forecast on 27 February, 2017 — 3 March, 2017 Cancellation option quotations falling EUR/USD will perform sample upper border of the descending channel with the closing quotation above 1.08 area, in this case it is necessary to consider…
Currency pair USD CHF Franc dollar closed the week at 1.0072. The pair continues to trade within the upward channel and is faced by the lower limit. In favor of a continuation of growth and acceleration of the upward movement will make the breakdown downward trend line on the indicator of relative strength that will point to the potential growth in the area above the level of 1.0250. USD/CHF Forecast on 27 February, 2017 — 3 March, 2017 Cancellation option price growth pair usd chf fall camp and the breakdown of the channel’s lower border with the closing quotation below…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD finished the trading week at 0.7191. The pair continues moving inside the descending channel and has the potential for further drop in prices in the area of the lower limit on the level of 0.6850. In favor of the fall is the rebound of a downward trend line on the indicator of relative strength. NZD/USD Forecast on 27 February, 2017 — 3 March, 2017 Cancellation option of falling quotations NZD/USD can become a strong growth and the breakdown of the upper limit of the downward channel,…
Quotes Gold XAU USD ended the trading week at the level of 1256. Quotations were able to break through the resistance area in 1250, but at present formed forex Wedge pattern that points to the potential completion of the upward trend and the beginning of a drop in prices in the area below the 1220. XAU/USD Forecast on 27 February, 2017 — 3 March, 2017 In the match for the benefit of quotations and drop options the price of gold is a dense area of resistance test on the indicator of relative strength. However, with the increase in prices in…
Currency pair pound euro EUR GBP continues to move in the reduction, but at the moment the euro quotes pound tight field tested the lower limit of the bullish wave pattern forex Wolfe. The purpose of growth and refinement of this model is the area above the 0.8620 level. EUR GBP Forecast FOREX Euro/Pound on February 27, 2017 In favor of the version of the growth is the formation of reversal pattern Forex failure swing on the indicator of relative strength, as well as the formation of a double bottom pattern. Cancellation option Euro pairs rise in share price will…
Currency pair EUR USD continues to move in the upward movement, but the values of the relative strength indicator met resistance in the form of a downward trend line, indicating the potential to rebound from the current levels and the fall of the euro dollar to below 1.0450. EUR USD Forex Forecast on February 27, 2017 Cancellation option will be a breakdown of the upper limit of the downward channel and the closing quotations of the pair above the 1.0650 level, which points to a continuation of the upward movement in the area above the level of 1.0740 in the…
Currency pair pound dollar GBP USD continues to move in the uplink. but the pair found resistance near the 1.2520 area and currently quotes again trapped in a model triangle. We should expect another attempt to drop to the lower boundary of the model triangle with a potential breakdown it down and development fall to below 1.23. Forecast Forex GBP/USD on February 27, 2017 In favor of a continuation of the fall will make the breakdown of the trend line on the indicator of relative strength, which points to a drop in prices accelerated a dollar a pound. In the…
Currency pair Australian Dollar to US Dollar AUD USD continues to move in the upward correction, but the potential for the drop in prices is still present, as soon as the broken support area on the display relative strength is expected to accelerate the drop in prices pair AUD/USD with the first target at the level below the area of 0.76. AUD USD Forecast Australian Dollar on February 27, 2017 Cancellation option quotations falling perform sample area of a local maximum, it will point to a continuation of the growth of the pair. With the breakdown of the area of…