Author: forex24pro

Quotations of the currency pair New Zealand Dollar against the US Dollar NZD USD continue to move within the downward 1:1 model and at the moment quotes tightly test the upper boundary area of the model. It is worth waiting for an attempt to fall from the current levels in order to decrease near the level of 0.6850. NZD/USD Forecast New Zealand Dollar on March 21, 2017 In favor of the fall, perform a tight test of the downward trend line on the indicator of relative strength. The cancellation of the fall of the pair quotes will result in a…

The currency pair dollar franc USD CHF continues to move within the limits of the decline, but at the moment the reversal Forex of the Diamond model is formed, the breakdown of which will be indicated by the continuation of the pair’s growth into the area above the level of 1.0050. USD/CHF Forecast Swiss Franc on March 21, 2017 In favor of the growth of quotations of the Dollar Franc, a breakdown of the downward trend line will appear on the indicator of relative strength. The cancellation of the USD/CHF fall will be followed by a fall and breakdown of…

The currency pair dollar ruble USD RUB continues to move within a downward trend, but at the moment there is a potential for completing the formation of an inverted forex head and shoulders model, which indicates a potential increase from current levels to an area above 62 rubles per US dollar. USD/RUB Forecast Dollar Ruble on March 21, 2017 In favor of the rebound variant of the Dollar Ruble pair, a dense test of the upward trend line appears on the indicator of relative strength, the cancellation of the growth variant of the fall and the breakdown of the local…

Trading signals Japanese Yen USD/JPY on March 20, 2017 Purchase at the current price (112.51), StopLoss put for 112.00, the target of growth is 113.50. Trading signals of the Euro Dollar EUR/USD Dollar on March 20, 2017 Sale at the current price of 1.0761, StopLoss put for 1.0795, the target of the fall is 1.0700. Trading signals Canadian Dollar USD/CAD on March 20, 2017 Sale from the level (1.3350), StopLoss set for 1.3370, the target of the fall is 1.3270.

Currency pair EUR USD is trading at the level of 1.0759. At the moment, the reversal Forex Head and Shoulders model is being formed, which indicates a fall in the pair’s quotes already from the current levels with a view to reducing 1.0680. The cancellation of the model’s development will result in a strong increase in the breakdown of the local maximum region. Forex Trading signals EUR/USD on March 20, 2017 Moreover, in the previous review, we noted the formation of the bearish wave model of Wolf with the aim of falling at the level of 1.0580. Forex Trading signals…

The currency pair of the euro dollar EUR USD has completed the trading week at the level of 1.0735. The pair continues to trade within the framework of the Triangle forex model and is currently tightly testing the area of the upper boundary of the model, which indicates a possible rebound of quotations of the euro dollar in the region of the lower boundary of the model near the level of 1.0520. EUR/USD Forecast on March 20, 2017 — March 24, 2017 In favor of the option of continuing the fall of the pair EUR/USD is the test of the…

The currency pair pound dollar GBP USD finished the trading week at 1.2391. The pair continues to move within the downward trend and the potential remains to continue falling into the support area at 1.2020. The breakdown of this area will indicate the acceleration of the fall in quotations of the pound dollar with a view to reducing 1.15. GBP/USD Forecast on March 20, 2017 — March 24, 2017 In favor of the rebound option and the continuation of the fall, a downward trend line test will perform on the relative strength indicator. The cancellation of the option may be…

Quotes of BRENT oil finished the trading week at the level of 51.86 dollars per barrel. At the moment, oil continues to move within the downward trend, it is worth expecting a tight test of the broken resistance area and continuing the fall in the area below the level of $ 48 per barrel. Brent Forecast on March 20, 2017 — March 24, 2017 The breakdown of this area will indicate the continuation of the reduction in the region of the level of $ 42 per barrel as part of the development of the Forex Model Expanding Formation. Cancellation of…

Currency pair Australian Dollar to US dollar AUD USD finished the trading week at 0.7701. The pair is testing the upper bound of the Triangle model again, we should expect another attempt of rebound and fall of the pair into the support area near the level of 0.7520. AUD/USD Forecast on March 20, 2017 — March 24, 2017 Cancellation of the option will be a breakdown of the upper boundary of the Triangle model, indicating that growth will continue, but in case of growth above the 0.78 area there will be a potential for the formation of the downward Forex…

The currency pair is the Canadian dollar to the US dollar USD CAD has completed the trading week at 1.3345. The pair has gone into the development of correction and there are risks of seeing a tight test of the 1.3150 area as part of the formation of an inverted forex head and shoulders model that will indicate the continued growth of the pair with a target above area 1.38. USD/CAD Forecast on March 20, 2017 — March 24, 2017 In favor of the rebound pair will perform a test of the support line on the indicator of relative strength.…