Quotes of the currency pair New Zealand dollar against the US dollar NZD USD finished the trading week at 0.7261. The pair tested the downward trend line on a chart, and there are also test the resistance line on the indicator of relative strength. Technical analysis NZD/USD on January 30, 2017 — February 3, 2017 We should expect a rebound attempt and the beginning of the fall of the NZD/USD quotes in the area at the level of 0.7050. Cancellation option will be the reduction of quotations strong growth above the level of 0.73, which points to the breakdown of…
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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.
Quotes Gold XAU USD ended the trading week at 1190. Gold prices could push off from the upper boundary of the descending channel and currently retained potential for further price declines in the region below the local minimum. XAU USD forecast Gold on January 30, 2017 — February 3, 2017 Cancellation option will be a strong growth of quotations XAU/USD above the level of 1220 will indicate that the continuation of prices growth of gold in the area above the level of 1250. But do not rule out attempts to form a reversal pattern Forex failure swing on the indicator…
The currency pair Canadian dollar against the US dollar USD CAD finished the trading week at 1.3150. Couple again testing the lower boundary of the rising channel, and at the beginning of the new trading week, we should expect a rebound attempt and continued growth of the Canadian dollar quotations in the area above the level of 1.34. USD CAD Forecast on January 30, 2017 — February 3, 2017 In favor of a growth in USD/CAD quotes favor the formation of forex model failure swing on the indicator of relative strength. The next upside target is the area at a…
Currency pair Australian dollar against the US dollar AUD USD closed the week at 0.7544. A pair of tight treats as the downtrend line on the chart, and the Relative Strength indicator, which indicates a potential attempt to rebound and fall to below 0.73. Forex Forecast AUD USD on January 30, 2017 — February 3, 2017 Cancellation option of falling Australian dollar quotations could be a strong growth above the level of 0.76, which points to continued growth in the region of a local maximum. An additional signal in favor of formation of topping forex head and shoulders pattern on…
Quotes BRENT crude oil ended the trading week at $ 55.63 a barrel. Currently quotes continues to move through forex triangle patterns. In favor of a decline in oil prices and the breakdown of the lower border model serves the rebound from the resistance line on the indicator of relative strength. Forecast oil prices on January 30, 2017 — February 3, 2017 The immediate goal of the fall is the area at the level of 54 dollars per barrel, which breakdown is expected to continue falling below $ 50 a barrel. Cancellation option will break the upper limit model that…
Currency pair pound dollar GBP USD closed the week at 1.2546. The pair was able to leave the confines of the descending channel, but at the moment the potential for falling quotations pound dollar saved. GBP/USD The immediate goal of reduction of quotations on the area below the 1.21 area. In favor of option in favor of resistance downlink test indicator of relative strength. GBP USD Forecast on January 30, 2017 — February 3, 2017 Cancellation option will break through the resistance line of the display relative strength, which points to continued growth of quotations pound in the area above…
Currency pair EUR USD closed the week at 1.0696. The pair was able to push off the resistance level and is currently retained potential for continuation of falling of euro dollar quotations in the region at the level of 1.05. In favor of this scenario will be in favor of the euro dollar rebound relative strength indicator values on a downward trend line, which also points to a continuation of the downward trend for the pair. EUR USD Forecast on January 30, 2017 — February 3, 2017 From the level of 1.05 the couple can show a quality bounce up…
The currency pair USD CHF continues to move in the wedge model, as well as in forex model Triangle to display relative strength as only the values of the relative strength indicator will be able to go beyond the model up, is expected to accelerate the growth of quotations of the pair usd chf to higher level 1.01. Forex forecast Swiss Franc (USD/CHF) on January 30, 2017 Cancellation option may be falling and the breakdown of 0.9940 area, which point to the continued decline in the area below the level of 0.9820. Important news from Switzerland is expected tomorrow, so…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in the upward correction is complete, and at the moment there is a potential for the drop in prices due to the start of mining reversal forex head and shoulders pattern with a potential to reduce the level below 0.71 areas. FOREX Forecast NZD USD (New Zealand Dollar) on January 30, 2017 Cancellation option will increase in quotes above the strong level 0.7340, which will point to the continued growth and tight local maximum test area. In favor of the drop in prices…
Quotes of the dollar yen currency pair USD JPY continues to move in the beginning of the mining forex reversal patterns a double bottom with a potential target of growth above the level of 117.60. Expect faster growth of quotations currency pair is a breakdown of the nearest resistance at 116.00, which indicates the completion of the formation of topping FX models. Technical analysis and forex forecast USD/JPY on January 30, 2017 Cancellation option of growth of quotations of the currency pair USD/JPY will fall and breakdown area 111.50 that will point to continued decline. Important news from Japan is…