The currency pair Canadian dollar against the US dollar USD CAD continues to move in the forex bullish wave pattern Wolfe quotes pair repelled by the lower boundary of the model, and has the potential to continue to grow with the breakdown of the resistance area and the development of an upward trend in the area above the level of 1.3360. USD CAD Forecast Canadian Dollar on February 6, 2017 In favor of a rebound appears breakdown resistance line on the indicator of relative strength, as well as the rebound from the support line. We try to buy the pair…
Author: forex24pro
Currency pair Australian dollar against the US dollar AUD USD continues to move in the upward movement, but for the moment remains the potential to reduce the pair quotes at 0.7545 area, where we can expect the beginning of formation of reversal pattern Forex Head and Shoulders. Forex AUD USD Forecast on February 6, 2017 Cancellation option of falling Australian dollar quotations will be a strong growth area of 0.77 and a break that will indicate a potential local maximum test area. Among the important news from Australia that can influence the course of AUD/USD is to provide, Retail Sales.…
Quotes BRENT crude oil continues to move in the lateral movement and at the moment, oil prices are already testing the upper limit of the model triangle. We should expect a rebound attempt and the beginning of growth in the area of a local maximum. BRENT oil price forecast on February 6, 2017 In favor of a rise in share price BRENT acts breakdown of the trend line on the indicator of relative strength. Cancellation option will drop in oil futures below $ 56 per barrel, which again points to the quotes returned into the model triangle. Expect faster growth…
Currency pair pound dollar GBP USD continues to move through the formation of reversal pattern double top, and do not forget about working out a bearish Forex Wolfe Wave patterns with a view to a potential fall in the level below 1.22 areas. GBP USD Forecast Pound to Dollar on February 6, 2017 Is expected to accelerate the fall of the pound against the dollar quotation is from the area of the breakdown of support near the level of 1.22. Cancellation option will drop sponge quotations strong growth and the breakdown of 1.2750 areas, which point to the continued growth…
Currency pair EUR USD continues to move in an uptrend, currently retained potential for completion of the current correction and the beginning of the fall due to the formation of reversal pattern double top for the purpose of falling below 1.06. EUR USD Forecast Euro Dollar on February 6, 2017 We try to sell the pair aggressive and ready to build short positions as far as reducing the development. In favor of a drop in prices pair EUR/USD stands to rebound from the resistance line on the indicator of relative strength. Cancellation option will drop the pair quotation strong price…
Currency pair EUR USD continues to move in the upward correction. At the moment, the pair quotes have almost reached the upper border of resistance at 1.0850, from where we can expect an attempt to drop and the development of the downward trend. In favor of the euro quotations falling dollar will make a tight test of resistance on the downlink indicator of relative strength. EUR USD Forecast on February 3, 2017 Cancellation option will be a strong growth of quotations EUR/USD pair above the level of 1.09, which points to continued growth in the region of 1.14 in the…
Currency pair pound dollar GBP USD continues to move in the downward trend. Quotes pound pushed from the upper boundary of the descending channel and try to fall within the beginning of working out a reversal pattern Forex Double Top. GBP USD Forecast FOREX on February 3, 2017 In favor of the version of the fall is the rebound relative strength indicator value from the resistance line, which also indicates a continued decline. Expect accelerating drop in prices pair Pound Dollar and complete the formation of reversal pattern Forex is a breakdown of the area of support at 1.24. Among…
Quotes BRENT crude oil continues to move in the lateral movement, at the moment, oil prices broke through the upper limit of the model triangle. We should expect an attempt to test the breached border model and the continued growth of quotations to local maximum. Oil price forecast on February 3, 2017 In favor of a continuation of the growth is the breakdown of the trend line on the indicator of relative strength, it also points to a potential breakdown of the field 59 dollars per barrel. Cancellation option BRENT continued growth of quotations will fall and returned inside quotations…
Currency pair Australian dollar against the US dollar AUD USD continues to move through the development of a strong upward correction. At the moment, there is the potential for a tight test resistance area at 0.77 above the area where we can expect a rebound attempt and completion of an upward trend for the pair. Forex AUD USD Forecast on February 3, 2017 Cancellation option can be a strong growth area and the breakdown of local maximum. Among the important news from Australia that can influence the course of AUD/USD is to provide, activity index in the services sector by…
The currency pair Canadian dollar against the US dollar USD CAD continues to move in the forex bullish wave pattern Wolfe with a potential target of growth and refinement at the level of the area above 1.35. In favor of a test of growth comes a rising support line on the indicator of relative strength. Forecast Canadian Dollar (USD/CAD) on February 3, 2017 Cancellation option quotes growth of the Canadian dollar will fall and breakdown of 1.2950 areas, which point to a continuation of the fall to below 1.2880. Expect faster growth of quotations pair USD/CAD is a breakdown of…