Author: 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.

Currency pair USD JPY Dollar Yen continues to move within the framework of a strong bullish trend. The immediate resistance area is the area of 121. Near this level we should expect and test the descending trend line on the indicator of relative strength that will indicate an attempt of a downward correction for the pair. USD JPY Forecast dollar on January 2017 Cancellation option quotations falling of pair USD JPY will sample the region 123 that points to continued growth and a local maximum test area. In the case of quotations fall below the level of 115, we can…

Read More

Quotes BRENT crude oil traded near the upper boundary of the rising channel, as well as near the top of the forex model Expanding formation, which involves an attempt to falling prices of oil in the area below the level of 44 dollars per barrel. Forecast BRENT oil prices on January 2017 In favor of a continuation of falling of quotations and prices of an oil in January 2017 and enters a tight test of the descending trend line on the indicator of relative strength. At smaller time intervals formed a large reversal pattern Forex Head and shoulders, which also…

Read More

Currency pair pound dollar GBP USD continues to move within the framework of the descending forex 1:1 model. The purpose of the fall is the area to speak here at the level of 1.15 – 1.10. Cancellation option of continuing falling of quotations pound against the dollar may be strong price growth GBP/USD above the 1.2950 level, which indicates the output pair of the upper border of the descending channel and the continued development of the upward correction for the pair to test 1.33 area. GBP USD Forecast British Pound on January 2017 In favor of the continuation of the…

Read More

Quotes of gold XAU USD continues to decline within the mining reversal pattern Forex Head and Shoulders. The purpose of working out such a model is the area at the level of 1065. Cancellation option will be a strong growth of quotations and prices for Gold with the breakdown field 1335, but this option we consider unlikely. At the same time we should not exclude attempt of upward correction to the upper boundary of a descending channel formation of the descending forex 1:1 model, which also indicate a continued decline. XAU USD forecast gold prices in January 2017 The completion…

Read More

Currency pair EUR USD left the forex triangle patterns, which suggests an attempt to continue the decline of the euro quotations from the first drop goal at the level of 1.02, the second to reduce the height of the model is to provide at the level of 0.92. EUR USD forecast Euro exchange rate on January 2017 Already near the lower boundary of the descending channel will be the potential for high-quality euro dollar rebound. In the case if the euro quotations will not be able to file a drop in January 2017, and will be able to gain a…

Read More

The currency pair USD CHF finished the trading week rebound from the support area near 1.0160 level. To date, the potential is retained for further growth within the beginning of the mining triangle forex pattern, but do not rule out another attempt to test the lower boundary and continued growth. USD CHF Forecast Dollar on January 9, 2017 — January 13, 2017 Expect faster growth of quotations currency pair Dollar Frank is a breakdown of the top models of the border triangle. The purpose of growth is the area of mining at a level above 1.0450. In favor of the…

Read More

Quotes of the dollar yen currency pair USD JPY finished the trading week on the area support a rebound near the level of 117. At this point saved canceled for the continuation of an upward trend with the potential upside target above the level of 121.75. In favor of a continuation of the rising trend in favor tight test the rising support line on the indicator of relative strength. USD JPY Forecast Dollar on January 9, 2017 — January 13, 2017 Cancellation option fall camp Yen currency pair quotes dollar at the next trading week of the rising channel’s lower…

Read More

Quotes Gold XAU USD finished the trading week correction, but could not reach the area of the upper limit of the downward channel FX 1:1 model. At the beginning of the new trading week, we should not exclude another attempt to test the area in 1190, where you can try to sell the gold with a close stop loss and the potential to reduce the level below the area 1105. XAU USD Forex Forecast Gold on January 9, 2017 — January 13, 2017 In favor of a continuation of the fall is the dense test downward trend line on the…

Read More

Quotes of the currency pair New Zealand dollar against the US dollar NZD USD finished the trading week down near 0.6960 area. At this point the potential is retained for further pair of quotes fall within the beginning of the descending model FX 1:1 in order to fall below 0.67 area. In favor of the quotations falling variant NZD USD dense stands the test descending resistance line on the indicator of relative strength. NZD USD Forecast on January 9, 2017 — January 13, 2017 But do not rule out an attempt to test the upper boundary of the descending channel,…

Read More

Quotes BRENT crude oil finished the trading week in the framework at the level close to the important level of 57 dollars per barrel correction. At the moment, preserved potential for a fall in quotations within the mining forex model extends formation for the purpose of falling below the area of $ 45 per barrel. Oil price forecast on January 9, 2017 — January 13, 2017 In favor of the version of the fall of quotations and prices for oil brand BRENT dense stands the test downward trend line on the indicator of relative strength, as well as the formation…

Read More