The currency pair Canadian dollar against the US dollar USD CAD continues to test the region close lower boundary Wolfe waves. We should expect the attempt to increase from current levels in the area above the level of 1.3650. Cancellation option will drop in the Canadian dollar quotations below 1.32. Technical analysis USD CAD on December 8, 2016 Additional forex signal in favor of the strong growth will sample the descending trend line on the indicator of relative strength that point to the imminent breakdown of the area 1.35. We continue to keep buying the pair with the tight stop…
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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 USD CHF Franc Dollar continues moving inside the bullish forex mining model Wolfe waves for the purpose of growth above the level of 1.02. At the moment, there is the potential for rapid growth within the mining forex inverted head and shoulders pattern with a target at 1.0150. USD CHF Forecast Swiss Franc on December 8, 2016 We try to increase the volume of purchases with a close stop and willing to try new deal with the breakdown level of 1.0120. Cancellation option price growth pair usdchf pair will fall below the level 0.9980, which will point to…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to trade within the forex triangle patterns. At the moment, there is a tight test of the descending trend line on the indicator of relative strength, indicating a potential decline of the New Zealand dollar quotations in the area below the 0.70 level within the framework of the beginning of the mining model Triangle. NZD USD Forecast New Zealand Dollar on December 8, 2016 Cancellation option will be a strong growth of quotations NZD/USD above the 0.7160 level, which points to a continuation of the…
Quotes Gold XAU USD continues moving inside the descending channel. The potential for further reduction is maintained, but with quotations leaves the channel is expected to attempt to increase to 1200. XAU USD Forex Forecast Gold price on December 8, 2016 We continue to hold the sale of gold, but the new transaction is not open, but only deduct the old position on the XAU USD. Accelerate the development of a fall from a dense field test in 1150 we can expect the level of breakdown of the local minimum. XAU USD Forex Forecast Gold price on December 8, 2016…
Currency pair pound dollar GBP USD continues to attempt to increase, but at the moment there is the potential to see the pair falling quotations within mining forex Wedge pattern with the immediate goal of the fall to a level below 1.26 area. In favor of such an option appears and formation model failure swing on the indicator of relative strength, which also involves an attempt to break 1.2580 area closing prices. GBP USD Forecast Pound Dollar on December 7, 2016 Cancellation option will be a strong growth of quotations of the pound against the dollar above the level 1.2850,…
Currency pair EUR USD EUR USD went into the development of the upward correction in the Euro dollar forecast for the current trading week on 05.12.2016 – 09.12.2016. At the moment, there are risks to see the test the upper boundary of the descending channel and start falling within the descending pattern of 1: 1 in order to fall below the level of 1.0320. Forex forecast Euro Dollar EUR USD on December 7, 2016 Cancellation option downs ceases strong growth of quotations EUR USD above the 1.0860 level, which indicates the continuation of growth. Also, do not exclude the option…
Quotes of WTI oil is repelled by the resistance level and is currently retained potential to fall within the descending wave Wolfe with a potential target of the fall below the level of 44 dollars per barrel. In favor of the fall is the formation of reversal pattern Forex Head and Shoulders on shorter periods of time. WTI crude oil forecasts and analyst on December 7, 2016 Cancellation option a drop in prices and prices en WTI oil will be strong growth and the breakdown region 54 dollars per barrel, which could provoke a continued rise in oil prices. WTI…
The currency pair Canadian dollar against the US dollar USD CAD fell below the bullish wave pattern Wolfe. However, the potential for further growth and testing of the model is saved. We hold the transaction for the benefit of buying the pair with the tight stop. Forecast Canadian Dollar USD CAD on December 7, 2016 If you continue to fall and the breakdown of the area below the level of 1.32, is expected to try to continue the downward trend of the pair. Acceleration of growth of the Canadian dollar quotations is expected to breakdown resistance levels above 1.33 area.…
Currency pair Australian dollar against the US dollar AUD USD continues moving inside the descending pattern with 5-0 potential target fall to below 0.7250 area. Cancellation option will reduce the strong growth and the breakdown field of the local maximum with closing above the level of 0.7520. Forecast Australian Dollar AUD USD on December 7, 2016 We continue to hold to sell the pair and are ready to increase the volume of sales to the extent of the fall. Acceleration of falling Australian dollar quotations is expected to breakdown level 0.7380. In favor of the fall is the dense test…
Quotes of the dollar yen currency pair USD JPY continues to move in the uplink. However, at the moment there is a potential for the development of correction within the mining reversal forex head and shoulders pattern, accelerating the fall should not expect a breakdown field 112.80. USD JPY Forecast Dollar Yen on December 7, 2016 Cancellation option downs and testing of Forex reversal pattern will be a strong growth of quotations pair Dollar Yen 115.50 and a break area that will point to a continuation of an upward trend for the pair. Important news from Japan is expected tomorrow,…