Author: forex24pro

Currency pair Australian dollar against the US dollar AUD USD continues to move through the completion of the formation of topping models forex head and shoulders, and at the moment there is a potential for further reducing the potential target of the fall to below 0.74 area. Forecast Australian Dollar (AUD/USD) on January 27, 2017 In favor of a continued drop in prices pair performs the breakdown of the trend line an indicator of relative strength, as well as the breakdown of support forex reversal patterns failure swing on the indicator of relative strength. Cancellation option will be a strong…

The currency pair Canadian dollar against the US dollar USD CAD continues to move in the rebound from the support area, and is currently preserved potential for continued growth with a potential target above the level of 1.34. In favor of a bounce speaks tight test support area on the indicator of relative strength. USD CAD Forecast Canadian Dollar on January 27, 2017 The immediate goal of growth of quotations of the Canadian dollar is the area of resistance at 1.3180. Once again, we try to buy the pair USD/CAD and are ready to increase the amount of long positions…

Quotes Gold XAU USD continues to move in the forex reversal patterns double top, which indicates the continuation of a potential decrease in order to develop the field at a level below 1160. XAU USD Forex Forecast Gold price on January 27, 2017 Cancellation option will be a strong growth of quotations and price of gold above the local maximum level that will point to the abolition of the model and continuation of growth. We are aggressively building up the volume of short positions on gold, as it retained the potential for development of a downward FX 1:1 model with…

Quotes of the dollar yen currency pair USD JPY continues to move in the completion of the formation of a double bottom pattern forex, and a breakdown of the resistance level we can expect an attempt to accelerate the development of an upward trend with the potential upside target level above 117. Forecast Forex Dollar Yen (USD/JPY) on 27 January 2017 In favor of a continuation of the growth of quotations pair Dollar Yen performs line break trend in the relative strength indicator, indicating a similar trend line sample on the chart with the above purpose 117.60 area. Cancellation option…

Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in the mining forex reversal patterns on the indicator of relative strength. The purpose of quotations fall is the area of support at 0.7075. In the case of couples fall and return to the downstream channel is expected to continue NZD/USD falling to the potential to decrease to a level below 0.68 areas. Technical analysis and forecast NZD/USD on January 27, 2017 Cancellation option will be the fall of quotations strong growth and the breakdown of 0.7350 areas, which point to continued growth…

Currency pair USD CHF Franc the dollar continues to move in the development of a downward correction, but as soon as the value of the indicator of relative strength to meet again test the support line that points to a potential rebound and breakout forex Wedge pattern up. Forex Forecast Swiss Franc (USD/CHF) on 27 January 2017 In this case, we should expect the pair attempt to continue the growth of quotations to the nearest resistance near 1.0080 areas. Cancellation option will increase the area of the breakdown of a local minimum that will point to the continued drop in…

Technical analysis USD/CAD on January 27, 2017 The pair almost reached the lower level of support shall adjust, likely to be held breakout of this level will meet once a sufficient number of sellers. Technical Analysis EUR/USD on January 27, 2017 Euro stuck at the level of resistance cannot break through it, on the daily chart is formed figure flag and with the help of his level can be breached. Technical analysis AUD/USD on January 27, 2017 Another attempt to break through the level failed. Bounce off level occurred and now you can watch the prices drop down to the…

Trading Signals British pound GBP/USD on January 27, 2017 Sale at breakdown level of 1.2625, Stoploss place of 1.2660, the goal of reducing 1.2560. Euro Trading signals EUR/USD on January 27, 2017 For sale at the current price (1.0745), StopLoss place of 1.0770, the goal of reducing 1.0650. Trading Signals Japanese Yen USD/JPY on January 27, 2017 For sale at the current price (113.60), StopLoss place the level of 114.50, the goal of reducing 112.50.

Currency pair EUR USD continues to move in the upward correction and is currently testing the support area tightly, and there are risks to see again the update region of a local maximum. The values of the relative strength indicator is also trading above the above the trend line, as soon as the line is broken, we can expect continuation of falling of an attempt with the first target at 1.0620. EUR USD Euro Dollar Forecast on January 26, 2017 Among the important news that could have an impact on the euro dollar is to provide a number of initial…

Currency pair pound dollar GBP USD continues to move through the formation of the descending wave pattern Wolfe forex with a potential target of the fall an below 1.22 area. Quotes tight testing the upper limit of the model and Cancellation option will increase in quotes pound strong dollar above the level of 1.2655, which points to continued growth in the region above the level of 1.2850. GBP USD Forecast Pound Dollar on January 26, 2017 Acceleration of falling quotations GBP/USD is expected to breakdown of the uptrend line on the indicator of relative strength. Once again, we try to…