The currency pair Canadian Dollar USD/CAD is trading at 1.3222. The pair continues to decline within the bearish trend and working out a weak signal in favor of the sales. Analysis Ichimoku Kinko Hyo USD/CAD on January 9, 2017 At the moment, there is the potential for the continuation of falling Canadian dollar quotations in the area below the level of 1.3150. Cancellation option can become a strong growth of quotations above the upper limit of the Ichimoku Cloud, which will indicate the change of trend in favor of growth.
Author: forex24pro
The New Zealand currency pair NZD/USD is trading at 0.7022 dollar level. At the moment, the pair quotes continue to move in an uptrend with a potential upside target above the level of 0.71. Analysis Ichimoku Kinko Hyo NZD/USD on January 9, 2017 It also should not exclude couples correction attempt to fast line Senkou A, where once again we can expect continuation of growth of the New Zealand dollar quotes. Cancellation option will drop in prices below the area of 0.69, which indicates the potential change of the trend in favor of fall.
Currency pair Australian Dollar AUD/USD is trading at 0.7339. At the moment, the pair continues to work out the average signal power in favor of shopping. Analysis Ichimoku Kinko Hyo AUD/USD on January 9, 2017 The purpose of growth is the area above the 0.7400 level, but do not rule out an attempt to correct the Australian dollar quotations to fast signal line and only after that to continue growth. Cancellation option will drop in prices below the lower limit of the Ichimoku Cloud with closing below 0.7180, which indicates the potential change of the trend in favor of reduction.
Dollar Yen currency pair USD/JPY is trading at 115.37. Currently quotes were able to break through the border area of the lower bands of Bollinger Bands, which suggests a continuation of the downward trend on the pair with a potential target at a level below the area 114. Analysis Bollinger Bands USD/JPY on January 9, 2017 It should be expected to test resistance area near the level of 116, where one can consider aggressive sales of the pair. Conservative area for sale is located at the upper Bollinger Bands bands border region near 118.80.
The currency pair USD/CHF is trading at 1.0093. At the moment, Frank’s quotes were able to break through the lower boundary of the bands of the indicator Bollinger Bands, suggesting an attempt to continue to reduce test support area at 1.0040. Analysis Bollinger Bands USD/CHF on January 9, 2017 Conservative area for sale is located at the upper Bollinger Bands bands border near 1.0320 area. Cancellation option will reduce the breakdown of 1.0350 area, which point to a continuation of an upward trend.
Trading Signals Canadian dollar USD/CAD on January 9, 2017 For sale at the current price (1.3256), StopLoss place of 1.3310, the goal of reducing 1.3140. Trading Signals Japanese Yen USD/JPY on January 9, 2017 Sales from the level of 116.80, StopLoss set for 117.10, the goal of reduction of 114.50. Trading Signals Australian Dollar AUD/USD on January 9, 2017 Buying on the level of 0.7308, StopLoss set for 0.7280, 0.7350 growth target.
Oil prices Quotes BRENT traded at $ 56.42 a barrel. At the moment quotes are testing the oil tightly punched uplink border and has the potential to fall to below 54 dollars per barrel, this area will trigger the breakdown continued decline to the level of $ 50. Technical analysis and forecast BRENT on January 6, 2017 Cancellation option of falling oil prices will be a strong growth of quotations BRENT above the level of 59 dollars per barrel, which will point to a continuation of an upward trend.
Currency pair pound dollar GBP/USD is trading at 1.2325. Quotes are testing the upper boundary of the downtrend channel and resistance area. At the moment, there is potential for a rebound and continue to fall below the level of 1.21. Technical analysis and forecast GBP USD on January 6, 2017 Cancellation option of falling of quotations currency pair Pound Dollar will be strong growth above the level of 1.2370, which points to continued growth in the region above the level of 1.25. Is expected to accelerate the fall of quotations of the dollar pound is a breakdown of the area…
Currency pair EUR USD is trading at 1.0486. Quotes pair could test the resistance area and now have the capacity to rebound and continue to decline below the level of 1.02 within the mining reversal pattern head and shoulders. Technical analysis and forecast EUR USD on January 6, 2017 An additional signal acts as a rebound from the resistance line on the indicator of relative strength. Cancellation option euro quotations falling dollar will be strong growth and the breakdown region of the upper boundary of the descending channel, which points to continued growth and development of the upward correction.
Quotes Gold XAU USD continue to attempt to increase, but the price reduction risks persist. At the moment, there is potential for further development of the upward correction in the area above the level of 1200 in the framework of the completion of a downward FX model 1:1, which points to the continued decline in the area below the level of 1105. XAU USD forecast GOLD price on January 5, 2017 The sale is considered a breakdown of the uptrend line, which indicates the completion of the correction either at the time of the test the upper boundary of the…