Quotes of the dollar yen currency pair USD JPY continue within the framework of development in the correction, and now completed the formation of a bullish wave pattern Wolfe with the upside above the level of 118.70. Cancellation option will drop and the breakdown field 113.50. USD JPY Forecast Dollar Yen on January 13, 2017 In favor of a continued growth of quotations serves hearty test the support line on the indicator of relative strength. We try to buy the pair Dollar Yen with tight stop. Important news from Japan is expected tomorrow, so the pair will continue to move…
Author: forex24pro
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in the upward correction and at the moment quotes are testing the upper limit of the downward forex model 1:1, which points to the continued decline in the area of a local minimum. Once again, we are trying to sell the New Zealand dollar with a close stop. NZD USD Forecast New Zealand Dollar on January 13, 2017 Cancellation option rebound and the fall of quotations NZD/USD will break-down area of 0.7150, which points to continued growth above the level of 0.7230. Is…
Currency pair USD CHF Franc the dollar continues to move in the triangle model and currently quotes a pair of tight test area of the lower boundary of the model, which indicates that an attempt to rebound and growth of quotations in the area above the level of 1.02. USD CHF Forecast Swiss Franc Forex on January 13, 2017 In favor of a pair of dollar growth of quotations Frank dense stands the test the support line on the indicator of relative strength. Cancellation option will be a breakdown of the lower limit of forex triangle patterns that point to…
Currency pair Australian dollar against the US dollar AUD USD continues moving upwards and currently quotes tested the resistance area at 0.75. With the current levels should not expect a rebound attempt and fall within the beginning forex forming inverted head and shoulders pattern in order to reduce the level below 0.73 area. AUD USD Forecast Australian Dollar on January 13, 2017 Cancellation option will drop the sample area 0.7540 that cancels the formation of reversal pattern. Once again, we are trying to sell the Aussie with a close stop. Is expected to accelerate the fall is a breakdown of…
The currency pair Canadian dollar against the US dollar USD CAD continues to decline and is now able to test the area of a local minimum. At the moment, there is potential for a rebound in the area above the level of 1.3140. In favor of a bounce speaks tight test support area on the indicator of relative strength. USD CAD Forecast Canadian Dollar on January 13, 2017 Cancellation option can be a continuation of the fall and breakdown of 1.3020 area, which point to a continuation of the fall to below 1.2950. Important news from Canada tomorrow is not…
Quotes Gold XAU USD continues to move in the development of ascending correction and currently quotes Gold struck the upper limit of the downward FX 1:1 model. This option involves an attempt to continue to grow after a minor test the breached channel. In favor of a reduction and channel line test sample perform forex triangle patterns on the indicator of relative strength. XAU USD forecast Gold price on January 13, 2017 Consider selling the gold is in the case of quotations return XAU USD inside the descending channel, and a drop in prices below the level of 1185. XAU…
Currency pair EUR USD continues to move in the upward correction and now is an attempt to break the upper boundary of the descending channel that points to continued growth in the area of resistance at 1.0850 and then we can expect the formation of signs of a reversal trend with a view above the level of 1.14. EUR USD Forecast Euro Dollar on January 13, 2017 However, so far there is no full penetration of the channel, too early to talk about the reversal of the current trend. The values of the relative strength indicator pushed from the lower…
Currency pair pound dollar GBP USD continues to move within the downtrend and is currently testing the upper limit of the downward channel FX models 5-0, which indicates a potential rebound and fall to a local minimum. We are trying to sell gbp usd with tight stop above 1.2330 level. Forex forecast GBP USD Pound Dollar on January 13, 2017 In favor of a continuation of the fall is the dense test downward trend line on the indicator of relative strength. The purpose of the fall is the area on the level below the 1.2080 area. Cancellation option of falling…
Quotes BRENT crude oil continues to move within the framework of working out in a reversal pattern Forex Head and shoulders, however, oil prices have gone into quite a serious correction. At the moment, there is potential for a rebound in the descending trend line test on the indicator of relative strength, in favor of a rebound dense stands the test the upper limit of the downward channel. BRENT oil price forecast on January 13, 2017 Cancellation option will be a breakdown of the level of formation of the right shoulder and closing quotes above the level of 58 dollars…
Trading Signals British pound GBP USD on January 13, 2017 Buying on the level of 1.2200, StopLoss place of 1.2160, 1.2430 growth target. Trading Signals Japanese Yen USD JPY on January 13, 2017 Sales from the level of 114.80, StopLoss place for 115.60, the goal of reduction of 113.30. Euro Trading Signals EUR USD on January 13, 2017 Buying on the level of 1.0600, StopLoss place of 1.0560, 1.0870 growth target.