Currency pair EUR USD closed the week at 1.0700. At the moment, the pair continues to develop upward correction and movement within the forex Wedge pattern, the breakdown of which points to continued downward decline to below the level of 1.0350. Is expected to accelerate the fall of the euro dollar quotations for the current trading week is a breakdown of 1.06, which points to the breakdown of the lower boundary of the model. EUR USD Forecast on January 23, 2017 — January 27, 2017 In case of continued growth and the closing quotation of the pair above the level…
Author: forex24pro
Currency pair pound dollar GBP USD closed the week at 1.2372. Currently pair quotes will continue to move downward under the FX 1:1 model with a potential target of the drop in level and the area below 1.14. In favor of the version of the pound falling of quotations on the current trading week dense stands the test downward trend line on the indicator of relative strength. GBP USD Forecast on January 23, 2017 — January 27, 2017 Cancellation option will quotations going beyond the upper boundary of the descending channel that will point to a continuation of growth of…
Quotes BRENT crude oil ended the trading week at $ 55.84 a barrel. currently on the oil continuing formation of the reversal pattern Forex Head and Shoulders and necks have a breakdown of the line is expected to continue falling prices of oil in the area below the level of 50 dollars per barrel. Oil price Forecast on January 23, 2017 — January 27, 2017 Cancellation option will reduce oil breakdown field of 57 dollars per barrel price, that will indicate an attempt to continue the growth in the area above the level of 60 and 65 dollars per barrel.…
Currency pair Australian dollar against the US dollar AUD USD closed the week at 0.7553. The pair is testing the resistance and close the upper limit of the downward channel, and at the moment there is a potential for falling Australian dollar quotations in the area below the level of 0.73, with a breakdown of this area is expected to continue falling to below the level of 0.71. AUD USD Forecast on January 23, 2017 — January 27, 2017 In favor of the version of the fall is the resistance of the downlink test indicator of relative strength. Cancellation option…
The currency pair Canadian dollar against the US dollar USD CAD finished the trading week at 1.3310. The pair was able to show a rebound from the rising channel’s lower border, indicating that the attempt to continue the growth of quotations in the area above the level of 1.35. USD CAD Forecast on January 23, 2017 — January 27, 2017 Cancellation option will be the development of an upward movement drop in prices USD/CAD below the level 1.3050, which will indicate the breakdown of the support and the continuation of the fall to below 1.2750. Even with the breakdown at…
Quotes of the dollar yen currency pair USD JPY finished the trading week at 114.57. Currently quotes were able to show a rebound from the rising channel’s lower border, which implies an attempt to continue the growth of quotations in the area above the level of 118. USD JPY Forecast on January 23, 2017 — January 27, 2017 In favor of a growth of quotations of dollar yen pair at the current trading week stands to rebound from the support line on the indicator of relative strength. Cancellation option will be a drop in the growth of quotations and sample…
Quotes Gold XAU USD ended the trading week at the level of 1208. At the moment quotes are testing dense region of the upper limit of the downward channel FX 1:1 model, which indicates that an attempt to continue to fall below the level of 1105. Gold price Forecast on January 23, 2017 — January 27, 2017 In the fall of quotations favor option XAU/USD appears tight test resistance area on the indicator of relative strength. Cancellation option on Gold prices fall will be strong growth and the breakdown region of the upper boundary of the descending channel that will…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD finished the trading week at 0.7163. Pair remains tight upper bound test downstream channel, which indicates that an attempt to couple quotes fall area below 0.70 in the rebound from the resistance field. NZD USD Forecast on January 23, 2017 — January 27, 2017 In favor of a bounce speaks tight test downward trend line on the indicator of relative strength, it should be noted that the indicator for the second time this test the trend line. Cancellation option will break through the resistance area and…
Currency pair USD CHF Franc dollar closed the week at 1.0013 near the support area, which indicates a potential rebound of quotations pair at the beginning of the current trading week. The aim of growth of quotations pair usd chf is the area above the 1.0350 level. In favor of a growth of quotations of USD/CHF appears tight test rising trendline on the Relative Strength Indicator. USD CHF Forecast on January 23, 2017 — January 27, 2017 Cancellation option will increase pair drop in prices and the breakdown of the area 0.9920 closing prices that will point to a continuation…
Currency pair pound dollar GBP USD continues to move in the descending channel and fulfills reversal forex model failure swing on the indicator of relative strength. The purpose of the fall is the area at the level of 1.21. We hold a deal to sell gbp usd with tight stop. GBP USD Forecast Pound exchange rate on January 23, 2017 Is expected to accelerate the fall of quotes GBP/USD is a breakdown of the trend line on the indicator of relative strength. Cancellation option will drop in prices 1.2470 breakdown fields that indicates the output quotations beyond the upper limit…