Quotes Gold XAU USD continue to develop in the uplink and for the moment there is a potential for continued growth in the region above the level of 1245, which quotes Gold will meet a strong resistance level. XAU USD Forex Forecast price of gold on February 17, 2017 Cancellation option price growth and the price of gold will fall and the breakdown field of the rising channel’s lower border, that will indicate a potential decrease in quotations XAU/USD below the level of 1200. On the same level above the region in 1245 is expected to rebound in the framework…
Author: forex24pro
forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
The currency pair Canadian dollar against the US dollar USD CAD continues to move through the formation of bullish forex Wolfe wave model. At the moment, the value of the relative strength indicator clamped within the forex model Triangle, and the pair itself is testing the support area is expected to rebound and start the growth of quotations of the Canadian dollar in the area above the level of 1.3220, where the pair met again the resistance of the descending trend line on the indicator of relative strength. USD CAD Forecast Canadian Dollar on February 17, 2017 Among the important…
Quotes BRENT crude oil continues to trade within a lateral movement and is currently retained potential for a tight test the resistance level near the region of 57 dollars a barrel, should be expected from an attempt to drop to below $ 55 per barrel. BRENT oil price Forecast on February 17, 2017 In favor of quotations and fall in oil prices will make a tight test of resistance on the downlink indicator of relative strength. With the breakdown of the support and the closing quotations of the area below 54 dollars a barrel, should be expected to accelerate the…
Quotes currency pair Dollar Yen USD JPY continues to move in the descending channel and currently have the capacity to rebound the pair quotes in a region at the level of 114.40, from which we can expect a rebound and began falling under the mining reversal forex model’s head and shoulders with the potential to reduce on below 111.00 area. Forex forecast Dollar Yen (USD/JPY) on February 17, 2017 Cancellation option will be a breakdown of the field of local maximum and the closing quotations of the pair above the 115.00 level that points to continued growth of quotations pair…
Currency pair Australian Dollar US Dollar AUD USD continues to move in the upward trend, but the potential for a dip at the moment is stored. In favor of the drop in prices pair acts as the formation of topping forex head and shoulders pattern on the indicator of relative strength. AUD USD Forecast Australian Dollar on February 17, 2017 It should be expected to fall in an attempt to support the area at the level of 0.76, with a breakdown of which is the potential for further reduction in the area below the level of 0.7520. Cancellation option will…
Currency pair pound dollar GBP USD continues to move in the uplink and currently the pair rebounded from the support area. We should expect a tight test of the broken trend line on the indicator of the relative strength and the beginning of growth of quotations pair pound dollar to above the level of 1.2600. GBP USD Forex Forecast Pound Dollar on February 17, 2017 Cancellation option of continued growth of quotations of GBP/USD will drop and the breakdown of the rising channel’s lower border, which will point to the decrease in quotations in the area below the level of…
Currency pair EUR USD continues to move in the upward correction due to mining forex Wedge pattern. At the moment, the euro dollar quotes are testing resistance area, and there is potential for a rebound and continued growth of EUR/USD quotes in the area above the level of 1.07, where again is expected to fall within the framework of the descending pattern forex, 5-0. EUR USD Forecast Forex Euro Dollar on February 17, 2017 Target of the fall will make the area below the level of 1.05. Cancellation option will be the fall of quotations breakdown of 1.0750 area, which…
Currency pair EUR JPY continues moving inside the descending pattern forex 5-0 with a potential target of the fall to below 119.50 area. Currently quotes tightly couples the upper bound test pattern, indicating the beginning of a potential rebound and fall. EUR JPY Forecast Euro Yen on February 17, 2017 Cancellation option reduce the EUR/JPY will rise above the level of 121.60, which will point to a continuation of the euro the yen growth in the area above the level of 122.10. Is expected to accelerate the fall of the euro, the yen is a pair of quotations from the…
Currency pair pound Franc GBP CHF continues to move in the forex triangle patterns. At the moment, there is the potential for the drop in prices to the lower boundary of the model at a level below the area of 1.2365. In favor of a drop in prices Pound Franc forex favor the formation of topping model, head and shoulders, it indicates a drop since the current levels. GBP CHF forecast Pound Frank on February 17, 2017 Cancellation option of decrease in pair GBP/CHF Forex will be a strong growth area and the breakdown of local maximum with the closing…
Currency pair pound euro EUR GBP continues to move through going beyond the model triangle and at the moment quotes are testing the breached border region forex model. We should expect a rebound attempt and the beginning of falling of pair of quotes in the area below the 0.84 level within the mining model Triangle. EUR GBP forecast Euro Pound on February 17, 2017 In favor of a fall from current levels appears tight test downward trend line on the indicator of relative strength. Cancellation option will drop the euro the pound strong growth above the level 0.8565, which will…