The currency pair US Dollar South African Rand USD/ZAR is trading at 12.5531. The pair is trading below the lower boundary of the Ichimoku Cloud, indicating a downward trend in the US dollar pair South African rand. It is expected to test the lower boundary of the Ichimoku Cloud near the level of 12.6500, from which one should expect an attempt to fall and develop a bearish trend for this pair in order to reduce the level of 12.3900. Ichimoku Kinko Hyo Forecast USD/ZAR on March 24, 2017 Earlier, a weak signal was received for the sale of the US…
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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.
The currency pair euro dollar EUR USD continues to move within the tight test of the upper limit of the Forex Triangle model. Also, the pair continues to trade within the forex model of the Wedge, the breakdown of which will indicate the completion of growth in the euro dollar and the beginning of the decline in the region, the level of 1.07. EUR/USD Forecast Euro Dollar on 24 March, 2017 In favor of accelerating the decline in the pair’s quotations, a breakdown of the upward support line on the relative strength indicator will come out. The cancellation of the…
The currency pair pound dollar GBP USD continues to trade near the area of 1.25. At the moment, there is still potential for falling quotations of the pound. In favor of falling quotations, the pound dollar is the formation of a reversal Forex model. GBP/USD Forecast Pound Dollar on March 24, 2017 The failed swing on the indicator of relative strength, which indicates the breakdown of the 1.2350 area by closing prices. To expect the continuation of the development of the downward trend in the pair is with the breakdown of the line of the upward trend on the indicator…
Currency pair Australian Dollar to US Dollar AUD USD continues to move within the rising channel. At the moment, the potential for a tight test of the lower boundary of the channel near the 0.76 region remains. In favor of the continuation of the fall is the test of the downward trend line on the indicator of relative strength, which also indicates the continuation of the decline. AUD/USD Forecast Australian Dollar on March 24, 2017 With the breakdown of the region of the tender boundary of the rising channel, we should expect the decline to continue below the level of…
Quotations of the currency pair Dollar Yen USD JPY continued their decline and at the moment there is still potential for a tight test of the support area. In favor of continuing falling quotations of the pair is a rebound from the descending line of the trend on the indicator of relative strength. USD/JPY Forecast Dollar Yen on March 24, 2017 However, in the event that the Yen Dollar pair exits beyond the upper boundary of the downward channel, there will be a potential for continuing growth into the upper boundary of the downward channel near the area of 112.70,…
Quotes of BRENT oil continue to move within the limits of the decline, at the moment oil quotes show a correction, but the potential for continuing the decline in Brent oil prices remains. In favor of the fall is the test of the upper boundary of the downward channel, as well as a potential test of the downward trend line on the indicator of relative strength. Analysis and forecast BRENT on March 24, 2017 The abolition of the drop in oil quotations will be the breakdown of the region at $ 53 per barrel, which will indicate the completion of…
The currency pair Canadian dollar to the US dollar USD CAD continues to move within the framework of the upward Forex 1:1 model with the aim of working near the 1.35 area. In favor of the growth of quotations of the pair is the breakdown of the upper boundary of the descending channel, as well as the potential test of the trend line on the indicator of relative strength. USD/CAD Canadian Dollar Forecast on March 24, 2017 The cancellation of the growth of the USD/CAD pair quotes will result in a fall and breakdown of the 1.33 area, which indicates…
Quotes of Gold XAU USD continue to move within the development of an upward trend, but at the moment a reversal Forex Head and Shoulders model is being formed, which indicates a potential reduction and development of correction to the area below the level of 1240. XAU/USD Forecast Forex price Gold on March 24, 2017 The cancellation of the option will be a breakdown of the local maximum area, The growth of quotations and the price of gold in the area above the level of 1260. With the breakdown of the trend line on the indicator of relative strength, one…
Quotations of the currency pair New Zealand Dollar against the US Dollar NZD USD continue to trade near the local maximum area. At the moment, the potential for a fall in the pair’s quotations remains below 0.6950. In favor of the drop is the downward trend test on the relative strength indicator, already with the breakdown of the support area and the closing of quotes below the level of 0.6950, we should expect the pair to continue falling into the area below the level of 0.6850. NZD/USD Forecast New Zealand Dollar on March 24, 2017 Cancellation of the variant of…
The currency pair USD CHF continues to move within the downward channel, but at the moment there is still potential for the pair to begin to grow as part of the inverted Forex Head and shoulders model for growth above 1.00. USD/CHF Forecast Swiss Franc on March 24, 2017 In favor of accelerating the growth of the Dollar Franc pair will break through the upper limit of the descending channel. In case of breakdown of the area of 0.9870, we should expect the continuation of the fall in the quotations of the pair USD/CHF. Important news from Switzerland, which may…