Currency pair USD CHF Franc the dollar continues to move in line with expectations and at the moment the pair quotes are very close to the rising channel’s lower border, which implies an attempt to rebound and continued growth in the area above the local high-level breakdown of 1.0350 areas. USD CHF Swiss Franc Forecast on January 11, 2017 Cancellation option will drop in prices and a break of the rising channel’s lower border with prices close below the 1.0010 level, which points to the breakdown of the channel and the continued decline in the area below the level of…
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.
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in the downward trend and bearish forex Wolfe wave model. The purpose of the fall and the mining model is the area on the level below 0.6850. NZD USD FOREX forecast on January 11, 2017 Cancellation option will be a strong growth of quotations NZD/USD above the 0.7110 level, which will indicate the quotations, leaves the descending channel and the continued growth of the New Zealand Dollar above 0.7350 levels. In favor of the fall is the test of the resistance line on…
Quotes of the dollar yen currency pair USD JPY will continue to move in line with expectations and at the moment there is a potential for growth in the area above the level of 118. However, we should not exclude another attempt to fall into local minimum area for the completion of the formation of bullish forex Wolfe wave model. USD JPY Forecast on January 11, 2017 Cancellation option will drop in prices pair Dollar Yen below the level of 114.50, which will point to continued decline. In favor of a growth indicator also serves rebound values relative strength of…
Quotes Gold XAU USD continues to move in the downward trend and bearish forex 1:1 model with a potential target of the fall and working out at a level below the area 1105. In favor of the fall is the beginning of the formation of topping models forex failure swing in the relative strength indicator, which indicates an area breakdown 1175. XAU USD forecast GOLD price on January 11, 2017 Acceleration of the fall should not expect a breakdown of the trend line on the indicator of relative strength. But do not rule out an attempt to test the upper…
The currency pair Canadian dollar against the US dollar USD CAD continues to attempt a reversal within reversal start mining the forex head and shoulders pattern with a potential target of growth above the level of 1.34. In favor of a rebound and the beginning of growth of quotations of USD/CAD breakout acts downward trend line on the indicator of relative strength. USD CAD Canadian Dollar Forecast on January 11, 2017 Expect faster growth of quotations is a breakdown of the 1.3285 area, which indicates an breakdown of the neckline forex reversal patterns. Cancellation option will drop the stock is…
Currency pair Australian dollar against the US dollar AUD USD continues to move in the development of ascending correction, but already at the moment there is a potential for falling and mining forex reversal patterns failure swing on the indicator of relative strength. Forex Forecast AUD USD on January 11, 2017 In favor of a reduction of quotations of the Australian dollar will also make the breakdown of the trend line on the indicator that points to a potential support field test near the level of a local minimum. Expect acceleration reduction is a pair of quotations going beyond the…
Quotes BRENT crude oil continues to move below the neckline, which indicates the potential continuation of the reduction in the area below the level of 53 dollars per barrel. Is expected to accelerate the fall of mining and reversal pattern is a breakdown of the trend line on the chart, but do not rule out an attempt tighter test the neckline is broken, and only then expect continuation of falling. BRENT Forecast oil prices on January 11, 2017 Cancellation option will increase in quotes and strong oil prices above the level of 58 dollars per barrel, which will point to…
Currency pair pound dollar GBP USD continues to move in the downward trend and at the moment there is the potential for the breakdown of the support and continuation of decrease below 1.20. Cancellation option will attempt to output quotes Pound Dollar beyond the upper boundary of the descending channel that indicates the continuation of an upward correction. GBP USD Forex Forecast on January 11, 2017 In favor of the version of the fall continues to support the breakdown of the trend line on the indicator of relative strength. Among the important news from the UK, tomorrow 11 January 2017,…
Currency pair EUR USD continues to move in the descending channel and currently is preserved for potential drop in prices to a local minimum at the level of 1.0350. Cancellation option will be a strong growth of quotations of the dollar the euro above the level of 1.07, and the closing beyond the upper limit of the downward channel. EUR USD Euro Dollar Forecast on January 11, 2017 In favor of the version of the fall is still in favor of formation of topping forex head and shoulders pattern on the indicator of relative strength. Tomorrow, the market is expected…
Trading Signals British pound GBP/USD on January 11, 2017 Buying on the level of 1.2090, StopLoss place for 1.2060, 1.2230 growth target. Trading Signals Japanese Yen USD/JPY on January 11, 2017 Sales from the level of 116.20, StopLoss place for 116.55, the goal of reduction of 115.10. Trading Signals Canadian dollar USD/CAD on January 11, 2017 Buying at the current price (1.3222), StopLoss place of 1.31770, 1.3310 growth target.