Author: forex24pro

Currency pair pound dollar GBP USD continues to move in the descending channel and currently has the potential to continue to decline below the level of 1.21, the breakdown of this field will indicate an attempt to reduce to below the level of 1.14. GBP USD Forecast Pound Dollar on January 4, 2017 Cancellation option of falling quotations pound against the US dollar will be strong growth and the breakdown of 1.2420 area, that will indicate the quotations leaves the descending channel, and continued growth in the region above the level of 1.26. Expect to accelerate reduction of quotations pair…

Currency pair EUR USD continues to move in the descending channel and currently very close to the local minimum of the field, the breakdown of which points to the continued decline in the area below the level of 1.0250. EUR USD Forecast Forex Euro Dollar on January 4, 2017 We continue to hold the euro against the US dollar selling and aggressively increase the amount of short positions. But do not rule out euro correction attempt to 1.0480 under the complete forex head and shoulders pattern on the continuation of the fall. Cancellation option will be the reduction of quotations…

The currency pair Canadian dollar against the US dollar USD CAD continues to move in line with expectations and is currently testing the lower tight ascending channel borders, as well as support for the region. We should expect a rebound attempt and movement in the area above the level of 1.3550. USD CAD Forecast Canadian Dollar on January 4, 2017 In favor of a growth in the Canadian dollar quotations in favor tight test the support line on the indicator of relative strength. Cancellation option will drop in prices below the level 1.3300, which will point to a continuation of…

Quotes BRENT crude oil continues to move in the development of bullish trend. quotes could punch a local maximum region and is currently retained potential for further growth in the area above the level of 59 dollars per barrel level to likely test $ 60. BRENT oil price forecast on January 4, 2017 But do not rule out another area of the broken resistance test and only after that to continue growth. Cancellation option will drop in oil quotations below $ 56 per barrel. BRENT oil price forecast on January 4, 2017 suggests an attempt to continue growing in the…

Quotes Dollar Yen currency pair USD JPY continues to move in the bullish trend with a potential upside target above the 119.00 area. Cancellation option price growth the dollar yen pair will be the breakdown of the rising channel’s lower border and closing prices below support area at 115.60. USD JPY Forecast of the dollar on January 4, 2017 In favor of a growth will make the formation of topping models forex head and shoulders on the indicator of relative strength. Is expected to accelerate growth of the pair is a breakdown field of a local maximum. Important news from…

Currency pair Australian Dollar US Dollar AUD USD continues to move in the downward trend, and at the moment there is the potential for the breakdown of the support and continuing decline in the area below the level of 0.71. AUD USD Forecast Australian Dollar on January 4, 2017 Cancellation option will break through the resistance area and the pair closing quotes Australian dollar above the level 0.7290, which will point to a continuation of upward correction for the pair. In favor of the formation of topping act falling forex head and shoulders pattern on the display relative strength, moreover,…

Currency pair USD CHF Franc Dollar continues moving inside the bullish trend, and at the moment there is the potential for the breakdown of the local maximum region and continued growth in the region above the level of 1.0350. USD CHF Swiss Franc Forex Forecast on January 4, 2017 We continue to keep buying the pair and willing to try new deal in favor of shopping with the development of the upward movement. Cancellation option stock is USD CHF will drop and the breakdown of the channel’s lower border, which will point to a continuation of a downward correction with…

Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD continues to move in the downward trend. At the moment, there is the potential to see the continuation of the reduction in the area below the level of 0.68. NZD USD Forecast New Zealand Dollar on January 4, 2017 In favor of the quotations falling variant appears reversal pattern forming head and shoulders on the indicator of relative strength. Acceleration drop in prices pair can be expected only with the breakdown of the rising channel’s lower border. Cancellation option of falling quotations NZD USD will be…

Quotes Gold XAU USD continues to move in the forex of the descending pattern Wolfe waves with the potential to reduce the level below the area of 1135. Cancellation option will be a strong growth of quotations and sample area 1170 closing prices, that will point to a continuation of upward correction. XAU USD forecast Gold price on January 4, 2017 In favor of a continuation of the fall is the breakdown of the trend line on the indicator of relative strength, indicating a breakdown on the chart a similar line. Is expected to accelerate the fall of quotes and…

Currency pair EUR USD continues to move in the descending channel and is currently testing the resistance area tightly. In favor of reduction of quotations pair appears rebound relative strength indicator values from the descending line of resistance with a potential to reduce the level below 1.03 area. EUR USD Euro Dollar Forecast on January 3, 2017 We are trying to sell a currency pair eur usd with tight stop. An additional signal acts and the formation of the descending pattern forex Wolfe waves. Cancellation of the fall of quotations options EUR USD deliver sample the upper limit of the…