Quotes Gold XAU USD continues moving inside the descending channel. At the moment, the Gold Triangle formation model, which indicates a potential drop in prices to below the level of 1105. Cancellation option will be a strong growth XAU USD quotes above the level of 1145. We continue to hold gold sales and are ready to increase the volume of sales to the breakdown of the model triangle down. XAU USD Forex Forecast Gold prices on December 23, 2016 In the case of growth of quotations above the level of 1145, we should expect a full correction for gold in…
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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 Australian dollar against the US dollar AUD USD continues to move in the downward trend. At the moment, preserved potential to continue falling Australian dollar prices. Cancellation option of falling of pair of quotes can be a strong growth of quotations to the upper limit of the rapid breakdown of the descending channel that points to continued growth in the resistance area at 0.73. AUD USD Forecast Australian Dollar on December 23, 2016 Is expected to accelerate the fall of quotes USD AUD is a breakdown of the channel’s lower border. Important news from Australia tomorrow is not…
Quotes of the dollar yen currency pair USD JPY continues to move in the bullish trend. At the moment, there is the potential for the pair to continue the growth of quotations in the area above the level of 119 within the mining triangle forex pattern. Cancellation option will drop in prices below the level of USD / JPY 116.40 area, which point to a drop to below 115. USD JPY forecast dollar exchange rate on December 23, 2016 Expect faster growth of quotations of dollar yen pair is expected to breakdown the upper boundary of the triangle model. Important…
Quotes BRENT crude oil continues to move in the completion of the formation of topping models forex head and shoulders with the potential to decrease below the level of 50 dollars per barrel. Cancellation option will be a strong increase in oil quotations above the local maximum level that will point to the abolition of the forex model. Is expected to accelerate the fall is a breakdown of the neck line. BRENT oil price forecast on December 23, 2016 We continue to hold the oil and building up short positions on decreasing. BRENT oil price forecast on December 23, 2016…
Currency pair pound dollar GBP USD continues to move in within expectations. Currently quotes pound dollar are outside the lower boundary of the rising channel, but could not break the support area. In general, we should expect the quotes to continue an attempt to fall to GBP USD below 1.21. Cancellation option will be a breakdown of 1.2420 area, which point to a continuation of the rising correction to above the level of 1.2680, which is expected to complete the formation of reversal pattern Forex Head and Shoulders. GBP USD forex forecast on December 23, 2016 We continue to hold…
Currency pair EUR USD continues to move in the descending channel and bearish trend, but the potential for the development of correction is stored. Is expected to start growing in the correction can be expected only from the breakdown of 1.0520 area. We continue to hold the sale of euro dollar with a close stop. Currently the pair is testing the upper channel close the border and have the potential to rebound and start to decline below 1.02. As the decline we are ready to increase the volume of sales with a decrease in EUR / USD quotes. EUR USD…
Quotes FTSE 100 stock index trades at 6997. At the moment, there are risks to see an attempt to fall below the level of 6650 with the breakdown of this area and the fall in the area below the level of 6145 in the framework of the beginning of working out a reversal pattern Forex Head and Shoulders. Cancellation option will be a strong growth of quotations FTSE 100 above the local maximum level, in this case, there is a potential for continued growth within the mining bovine model 1: 1 in order to rise above the level of 7485.…
Quotes Dow Jones stock index trading at 19870. At the moment, the index traded within a bovine model 1: 1 with a view to potential growth and working out at 20586. As we can see, the index could break through the upper boundary of the rising channel, which is a strong signal in favor of continuing growth in the very near future. But do not rule out an attempt of correction to test the breached border of the channel, and only after that to continue growth. Cancellation option could be a drop in prices below the level of 19250 that…
Quotes NASDAQ 100 stock index trades at 4931.At the moment, the index traded within a bovine model 1:1 with a potential upside target above the level of 5240. Cancellation option growth development can become a drop in prices and a break of the rising channel’s lower border with closing quotations below 4550. In favor of continuing the NASDAQ growth since the current levels It serves up the breakdown triangle model, as well as the breakdown of the neckline inverted head and shoulders pattern on the indicator of relative strength. NASDAQ 100 forecast December 19, 2016 — December 23, 2016 Therefore,…
Quotes stock index NIKKEI 225 traded at 19363. The index shows serious growth and could not turn around in the framework of working out a reversal pattern Forex Head and Shoulders. Currently NIKKEI 225 quotes have gone beyond the top of the rising channel, which indicates continued growth with a potential test of the next resistance level near 20,000 Cancellation option could be the breakdown of the channel and return quotes inside the ascending channel that could provoke a continuation of a downward correction aim at a level lower than 17600. NIKKEI 225 forecast December 19, 2016 — December 23,…