Currency pair USD JPY continued strong growth in the current trading week and were able to show a rebound from the support level. At the moment, it saved the potential for continued growth within the ascending channel with a potential upside target level above 119. USD JPY Forecast Japanese Yen on February 13, 2017 — February 17, 2017 In favor of a growth of quotations pair Dollar Yen appears rebound from the support line on the indicator of relative strength. Cancellation option increase of USD/JPY will fall, and the breakdown of the rising channel’s lower border with the closing quotation…
Author: forex24pro
forex24pro
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 Canadian dollar against the US dollar USD CAD on the current trading week show a rebound from the lower boundary of the rising pattern Wolfe waves. And at the moment it is stored potential for continued growth in the region above the 1.35 level within the mining bullish wave pattern Wolfe. USD CAD Forecast on February 13, 2017 — February 17, 2017 In favor of a growth in the Canadian dollar quotations in favor of formation of topping models forex failure swing in the relative strength indicator, which indicates the breakdown of 1.3350 area. Cancellation option USD/CAD…
Quotes BRENT crude oil at the current trading week, continued to move in the lateral trend, and at the moment we should expect a tight test of the upper boundary of the model triangle and only then another attempt to reduce a breakdown field of 54 dollars per barrel and the potential target of the fall below 50. Forecast BRENT oil prices on February 13, 2017 — February 17, 2017 In favor of a decrease in oil quotations will make a tight test of resistance on the downlink indicator of relative strength. Cancellation option will be the fall of the…
The pair AUD USD at the current trading week, continued to trade near a local maximum level. Presumably, we should expect the pair attempt to rise in share price to 0.77, which is expected to complete the formation of Forex Triangle patterns and started falling to the lower boundary of the model at a level below 0.72 areas. AUD USD Forecast on February 13, 2017 — February 17, 2017 In favor of a drop in prices of the Australian dollar is testing the resistance line on the indicator of relative strength, also have the potential to form a reversal pattern…
Currency pair pound dollar GBP USD showed on the current trading week rebound from the upper border of the descending channel and for now there is the potential for the pair to fall below the level of 1.21. In favor of a drop in prices appears Pound Dollar rebound from the resistance line on the indicator of relative strength. GBP USD Forecast Pound Dollar on February 13, 2017 — February 17, 2017 Cancellation option will be the fall of quotations strong growth and the breakdown of the upper boundary of the descending channel and growth of the pair above the…
Currency pair EUR USD at the current trading week, was able to show a rebound from the upper border of the descending channel and has the potential to fall continued drop in prices to below the level of 1.0350. In favor of the continuation of falling of euro dollar quotes appears breakdown ascending trend line on the indicator of relative strength. EUR USD Forecast Euro Dollar on February 13, 2017 — February 17, 2017 Cancellation option drop in prices of the currency pair EUR/USD will be the breakdown of the upper boundary of the descending channel and growth of the…
Trading Signals British pound GBP/USD on February 10, 2017 For sale at the current price (1.2500), StopLoss set the level of 1.2520, the goal of reducing 1.2380. Euro Dollar Trade Signals EUR/USD on February 10, 2017 Sales from the level of 1.0740, StopLoss set for the level of 1.0770, the goal of reducing 1.0600. Trading Signals Canadian dollar USD/CAD on February 10, 2017 Buying at the current price (1.3137), StopLoss set for 1.3080, 1.3210 growth target.
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in the completion of the upward correction and currently quotes showed a significant decrease. We continue to keep selling the pair NZD/USD and are willing to try new sale at the time of the test punched resistance level. Forecast New Zealand Dollar (NZD/USD) on February 10, 2017 The purpose of the fall is the area on the level below the 0.7080 area. Cancellation option will attempt to increase the New Zealand dollar quotations higher than 0.74, which points to continued growth in NZD/USD…
Currency pair USD CHF Franc Dollar continues moving inside the bullish forex mining model Wolfe wave with a potential test area above the level of 1.0050. In favor of the continued growth of quotations currency pair performs the breakdown of the descending trend line on the indicator of relative strength, it also points to the rebound. USD CHF Forecast Swiss Franc on February 10, 2017 USD/CHF сancellation option will drop the growth of quotations and sample area 0.850 that indicate an continuation of the downward trend. Important news from Switzerland is not expected, so the pair will continue to move…
Currency pair EUR USD continues to move in line with expectations and is currently retained potential for rebound quotations pair to level 1.0740 – 1.0770, which is expected to attempt to complete the formation of the right shoulder and continuing fall of the euro dollar to below 1.05. EUR/USD Forecast (euro/dollar) on February 10, 2017 In favor of the fall of the push test downward trend line on the indicator of relative strength. In the case of the breakdown region 1.0620 closing prices should be expected acceleration of the fall of quotations without the development of upward correction to 1.0740…