Quotes of WTI crude oil continues to rise within the mining market reaction to the decision of OPEC to reduce oil production since the beginning of 2017. At the moment, there is potential for a downward correction under the willows mining bearish Wolfe wave model with a view to falling below the area of $ 45 per barrel. WTI crude oil forecasts and analyst on December 6, 2016 An additional signal in favor of the fall is the formation of reversal pattern failure swing in the relative strength indicator, which indicates the breakdown of the area of $ 50 per…
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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 USD AUD continues to trade at the level of the right shoulder reversal pattern Forex Head and Shoulders. The purpose of the fall and the mining model is the area on the level below 0.73. Forex Forecast AUD USD on December 6, 2016 Cancellation option of the Australian dollar will fall in quotations strong growth above the level of 0.75, which points to the couple leaves the descending channel and the continued development of growth. We continue to hold the sales are increasing the amount of short positions with the tight stop.…
Currency pair pound dollar GBP USD continues to test dense area 1.27. At the moment, there is a potential for a fall in quotations pound dollar within the beginning of working out a reversal pattern failure swing for the purpose of falling below the 1.26 area. GBP USD Forex Forecast on December 6, 2016 We try to sell the pair with the tight stop and are ready to increase sales with a decrease in the development, furthermore in case of breakdown of the level of 1.26, is expected to continue falling to decrease below 1.22. Cancellation option will increase in…
Currency pair EUR USD continues to move in the lateral movement, quotes could update the area of a local minimum, but a full-fledged continuation of the fall, we have not yet seen. At the moment, the euro dollar again test resistance area at 1.0650, from where we can expect the fall to try probable breakdown of the area of support at 1.0520, which will point to a continuation of the downward trend. EUR USD Forecast FOREX Euro Dollar on December 6, 2016 Cancellation option will be the fall of quotations strong growth above the level of 1.0680, which points to…
Currency pair USD CHF Franc dollar continues to develop correction after dense local maximum test area. USD CHF Forecast Swiss Franc on December 2, 2016 At the moment, there is the potential for test 1.0105 area as part of the completion of the formation of bullish forex model 1: 1, which points to continued growth with a view above the level of 1.0250. Cancellation option will drop in prices pair usdchf below 0.9980, it will point to the continued decline in the area below the level of 0.9940. USD CHF Forecast Swiss Franc on December 2, 2016 suggests an attempt…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in the development of a fall. We should expect the test area of 0.81 attempts, from where you can try new selling the pair with the tight stop within mining reversal pattern Forex Head and Shoulders. NZD USD Forecast New Zealand Dollar on December 2, 2016 The purpose of the fall of the New Zealand dollar quotations on the area below 0.6950. Cancellation option will be a strong growth of quotations NZD USD above 0.7180 level, which points to a continuation of the…
Quotes Gold XAU USD continues to fall within the descending pattern 1:1 with the potential to reduce an area below the 1150. We continue to build sales volume deducts previously open positions XAU USD. XAU USD Forecast FOREX Gold prices for December 2, 2016 Cancellation option drop in prices and the price of gold will be strong price growth and the breakdown of the area above the level of 1195. The benefit of falling price of gold tomorrow, December 2nd 2016 and stands the test descending resistance line on the indicator of relative strength. XAU USD Forecast FOREX Gold prices…
Quotes of the dollar yen currency pair USD JPY continues to test the area of a local maximum. At the moment, there is seen a pair of correction in the region of the rising channel’s lower border, where once again we can expect growth to attempt higher level 116. USD JPY forecast dollar exchange rate on December 2, 2016 Cancellation option will drop in prices below the level of 112.40, which will point to a continuation of a downward correction. The signal for the development of a serious fall will sample 111.50 areas, in this case, we can expect the…
Quotes of oil BRENT brand, showed a strong movement in the OPEC decision to cut oil production from January 2017 up to 32 million barrels a knock. At the moment, oil prices continue to closely test the upper limit of the bearish Wolfe wave model. The purpose of the fall is the area on the level below 46 dollars per barrel. Analysis and forecast of oil prices BRENT on December 2, 2016 In favor of the fall is the next test of the descending line of resistance on the relative strength indicator, which indicates an fall in the near future.…
The currency pair Canadian dollar against the US dollar USD CAD continues to test the support area tightly. At this moment we should expect a rebound of quotations within the Canadian start rising pattern of 1: 1 in order to rise above the level of 1.36 and a potential target of growth above the 1.38 area. In favor of a bounce speaks Dough rising trend line on the indicator of relative strength. Technical Analysis USD CAD and the forecast for December 2, 2016 Cancellation option will be a sharp drop in the area and sample 1.33, which points to a…