Currency pair EUR USD continues to move through the turn, at the moment the pair left the rising channel and test the support area at 1.0650. With the current levels there are risks to see the formation of topping model, head and shoulders, for this pair may show growth in the area above the level of 1.0740 and from there again to show a drop to 1.0520 immediately. Forex EUR USD Forecast on February 8, 2017 But do not exclude the option of continuing the fall since the current levels in the next area of support near 1.0520. Cancellation option…
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.
Currency pair pound dollar GBP USD continues to move in line with expectations and currently quotes were able to break through important support near the 1.24 area. We should expect the attempt punched level test and continuing drop in prices and the pound against the dollar in the framework of start mining forex reversal patterns with the double top potential target falls below the level of 1.2150. Forex GBP USD Forecast on February 8, 2017 In favor of a continuation of the fall is the breakdown of the uptrend line on the indicator of relative strength. Cancellation option can become…
Quotes of oil BRENT showed a fall and a reluctance to go into practicing forex triangle patterns. At the moment, we can expect an attempt to continue the fall of quotations of oil to the nearest support at 54 dollars per barrel. BRENT oil price Forecast on February 8, 2017 In favor of a continuation of falling prices of oil, it acts sample support line on the indicator of relative strength. From the breakdown level of 54, is expected to continue falling below the region 50. Cancellation option will increase in quotes above BRENT level of 57 dollars per barrel.…
Euro Dollar Trade Signals EUR/USD on February 7, 2017 Buying at the current price (1.0680), StopLoss set for 1.0650, 1.0760 growth target. Trading Signals New Zealand dollar NZD/USD on February 7, 2017 Sales from the level of 0.7340, StopLoss set over 0.7375, the goal of reducing 0.7240. Trading Signals British pound GBP/USD on February 7, 2017 Buying on the level of 1.2408, StopLoss set for 1.2380, 1.2600 growth target.
Currency pair USD CHF Franc the dollar continues to move in the beginning of the mining model, rising forex Wolfe waves with a potential target of growth above the level of 1.0050. In favor of a growth of quotations pair acts breakdown upper border triangle pattern on the indicator of relative strength. We try to buy the pair aggressive and increase the volume of purchases. Forex USD CHF Forecast Franc Dollar on February 7, 2017 Cancellation option will drop and the breakdown of 0.9850 area, which point to continued decline in the area below the level of 0.9750. With the…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in the upward correction, but at the moment there is still a potential for falling within the forex began mining model Triangle, with a breakdown of the model is expected to accelerate the downward fall to 0.72. NZD USD Forecast New Zealand Dollar on February 7, 2017 Cancellation option will be a strong growth of quotations NZD/USD above the local maximum level that points to continued growth. We try to sell the pair with the tight stop. In favor of the version of…
Quotes of the dollar yen currency pair USD JPY continues to move in the formation of the bull wave Wolfe with the upside above level 117. In favor of a bounce from current levels appears forming a reversal pattern Forex failure swing on the indicator of relative strength. Dollar Yen Forex Forecast USD JPY on February 7, 2017 Cancellation option price growth dollar yen pair will perform a local minimum breakdown field and drop a pair of quotes in the area below the level of 111.00. Important news from Japan, which can affect the course of the pair USD/JPY, are…
Quotes Gold XAU USD continues to move in the formation of reversal pattern Forex double top, with current levels has the potential to rebound and start falling in the support area on the lower level field 1190. Cancellation option of reduction of quotations and the price of gold will be strong growth above the level of 1235 that point to the continued growth of quotations in the area above the level of 1250. XAU USD price forecast GOLD on February 7, 2017 In favor of a rebound XAU/USD quotes testing the descending resistance line on the indicator of relative strength.…
The currency pair Canadian dollar against the US dollar USD CAD continues to move in the forex bullish wave pattern Wolfe and is currently retained the capacity to rebound and start the growth of the pair to above the level of 1.35. Forecast Canadian Dollar (USD/CAD) on February 7, 2017 We try to buy the pair with the tight stop below the local minimum. In favor of the growth option will make the breakdown descending resistance line on the indicator of relative strength. As the growth we are ready to increase the volume of purchases. Expect faster growth is a…
Currency pair Australian dollar against the US dollar AUD USD continues to move in the upward correction, but currently on shorter periods of time reversal formed Double Top forex model and support the breakdown region is expected to continue falling quotations pair AUD/USD. Forex AUD USD Forecast on February 7, 2017 Is expected to accelerate the fall of quotations of Australian dollar is a breakdown of the uptrend line on the indicator of relative strength that will point to the continued decline in the area below the level of 0.7540. Cancellation option will be the fall of quotations breakdown area…