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.

Quotes S & P 500 stock index traded at the level of 2262. At the moment, the index quotes continue to move in the bullish trend. Potential upside target SP500 quotes is the area above the level of 2380. However, at the moment we should not exclude attempt of correction at least to the lower boundary of the rising channel quickly, and as a maximum to the nearest support area at a level lower than in 2195, where once again we can expect growth of quotations attempt SP500 . S&P 500 forecast December 19, 2016 — December 23, 2016 Cancellation…

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Quotes stock index DAX 30 is trading at 11380. The market practiced inverted head and shoulders pattern on the indicator of relative strength. Currently tested quotes tight upper boundary region of the rising channel, which indicates that an attempt fall and rebound of the art. In favor of the version of the correction in favor and test the resistance line on the indicator of relative strength. But do not expect the development of a strong and deep correction, at the time of the test the area just below the level of 11,000, is expected to once again attempt to rebound and…

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Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move through the descending forex model 5-0 with the potential to reduce the level below 0.70 area. We continue to keep selling the pair aggressively increasing our sales of NZD USD with a close stop. NZD USD Forecast New Zealand Dollar on December 16, 2016 Cancellation option of falling can be strong growth New Zealander quotes above the 0.72 that will indicate quotations going beyond the upper limit of the downward channel. But do not try to exclude the growth of quotations in the area of…

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Quotes of the dollar yen currency pair USD JPY continued development of an upward trend. At the moment, the pair quotes broke through important resistance area at 116. It should be expected to attempt to continue the growth of quotations pairs with a tight test 121.75 area, this is the next area of resistance, which is able to stop the currency pair Dollar Yen. USD JPY forecast dollar exchange rate on December 16, 2016 In favor of continued growth and also acts as the Relative Strength Index, as we can see, the values punched upward channel upper boundary and could…

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Quotes Gold XAU USD continues to move in line with expectations and our outlook on the gold price. At the moment, the value of the indicator of the relative strength line struck Neck reversal forex head and shoulders pattern on the display relative strength, indicating a continued decline in the area below the level of 1100. XAU USD GOLD price forecast on December 16, 2016 The fall in prices Cancellation option will be the Gold a strong growth and the breakdown region of the upper boundary of the descending channel closure above the level of 1150. XAU USD GOLD price…

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The currency pair Canadian dollar against the US dollar USD CAD continues to move in line with expectations, quotes could pushed from the bottom of forex bull shark model. The purpose of growth and testing of the model is the dense test the descending channel’s upper border at the level of 1.33, where there is a potential for a rebound down the pair of quotes. USD CAD Forecast Canadian Dollar on December 16, 2016 In favor of the continuation of the growth is the breakdown of the trend line on the indicator of relative strength. But do not try to…

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Currency pair USD CHF Franc the dollar continues to move in line with expectations and our forecast USD CHF for tomorrow. Currently retained potential for further growth of the pair of quotes within the breakdown of the resistance area and the subsequent rebound from this area up. USD CHF Dollar Frank forecast on December 16, 2016 In favor of a bullish trend in favor of the breakdown of the descending trend line on the indicator of relative strength, it also points to a potential test the breached areas of support and continued growth in the region above the level of…

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Currency pair Australian dollar against the US dollar AUD USD continues to move in line with expectations and is currently retained potential for a fall to below the local minimum. Cancellation option will be a strong growth of quotations of the pair above the 0.7520 level, which indicates the continuation of an upward correction. AUD USD Forecast Australian Dollar on December 16, 2016 With the breakdown of the area of support at 0.73, is expected to continue the development of a full downward trend for the pair. Important news from Australia is expected tomorrow, the pair will move in the…

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Quotes BRENT crude oil failed to break the uptrend line on the indicator of relative strength. At the moment, preserved potential for a fall of quotations in the area below the level of 52 dollars per barrel. But do not rule out an attempt to increase prices of oil above the level of 56 dollars per barrel in the framework of the completion of the formation of topping forex head and shoulders pattern that points to a reversal of the current trend. Forecast BRENT oil price on December 16, 2016 Cancellation option of falling and forming a reversal pattern will…

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Currency pair pound dollar GBP USD continues to move in line with expectations and our forecast the pound dollar tomorrow. At the moment, there is the potential to see the breakdown of the area near the support level of 1.2520 on. GBP USD Forecast Pound Dollar on December 16, 2016 We continue to keep selling the pair, however, are willing to increase sales after a minor correction quotation GBP/USD. Cancellation option pair pound falling dollar will be strong growth above the level of 1.2750. In favor of the fall of the push-test the broken trend line on the indicator of…

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