Quotes BRENT crude oil have gone into the development of ascending correction, the market showed a kind of surprise to data movement. Analysis and forecast of oil prices BRENT on December 1, 2016 Currently we should expect continued growth with an attempt to test the area above match for 51 dollars per barrel, where the values of the relative strength indicator unopposed and will be again try to sell oil with a close stop. Cancellation option will be a strong growth and the breakdown of the area above the level of 52 dollars per barrel, which will point to a…
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.
The currency pair Canadian dollar against the US dollar USD CAD continues to test the support area tightly. In favor of a continued growth of quotations in the near future, testing the support line on the indicator of relative strength. Cancellation option will drop below the level of 1.33, which indicates an continuation of a downward correction for the pair. USD CAD forex forecast for the Canadian Dollar on December 1, 2016 The aim of the rebound and growth is the area above the level of 1.36. Expect faster growth of the Canadian dollar quotes only after the breakdown of…
Currency pair USD CHF Franc Dollar continues moving inside the bullish trend. Currently quotes are traded within the model Triangle, the breakdown of which up will provoke further growth in the area above the level of 1.0250. USD CHF Forecast Forex Swiss Franc on December 1, 2016 Cancellation option will drop in prices and the breakdown field 1.00, which indicates the continuation of a downward correction for the pair usdchf. Among the important news that could affect the Australian dollar tomorrow, December 1, 2016 stands out, changes in the real volume of retail trade, as well as the PMI index…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continued development of growth, however, such a correction is not yet able to deploy a couple up. Once again, we are trying to increase sales volume within the test indicator of the relative strength of the downward trend line, suggesting an attempt to fall to below 0.7050. NZD USD Forecast New Zealand Dollar on December 1, 2016 Cancellation option will be the continuation of the growth and the breakdown of 0.7180 area, which point to continued growth with a potential test of the upper boundary of…
Quotes Gold XAU USD continues to decline in the rebound from the resistance line on the indicator of relative strength. Currently quotes gold dense testing the upper limit of the downward channel, which implies a reduction in the area below the level of 1150. XAU USD Forex Forecast Gold prices on December 1, 2016 Cancellation option will be a strong growth XAU USD quotes above the level of 1205, which points to the continued growth of quotations of gold. We continue to hold the sale and are ready to increase the volume of short positions on the development of a…
Trading Signals Canadian dollar USD/CAD on December 1, 2016 For sale at the current price (1.3432), StopLoss place of 1.3480, the goal of reducing 1.3260. Trading Signals Swiss franc USD/CHF on December 1, 2016 For sale at the current price (1.0135), StopLoss place for 1.0190, the drop target 1.0000. Trading Signals British pound GBP/USD on December 1, 2016 Buying in the case of reducing the price 1.2435, StopLoss place of 1.2300, 1.2670 growth target.
Currency pair USD CHF Franc the dollar continues to decline, but the market is not yet marked the formation of reversal pattern Forex Head and shoulders, indicating that the test of the lower boundary of the channel and the continued development of the upward trend within the bullish 5-0 model in order to increase above the level of 1.0250. USD CHF Forex Forecast Swiss Franc on November 29, 2016 Cancellation option will be a breakdown of the lower limit of the channel or the formation of reversal pattern that indicate a signal to sell the pair usdchf. USD CHF Forex…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continued development of correction. At the moment, the pair quotes tight test resistance area at 0.7090. We should expect a rebound attempt and continued falling. NZD USD Forecast New Zealand Dollar on November 29, 2016 Also do not forget about the formation of reversal pattern head and shoulders on the daily chart of the pair, which indicates a continuation of the fall to below 0.66. We continue to hold to sell the pair and are ready to increase the volume with the development of a fall.…
Quotes Gold XAU USD continues to fall within the framework of the development of the rebound from the resistance area at 1205. An additional signal in favor of the fall is the test of the descending trend line on the indicator of relative strength. We continue to hold the sales in order to fall below the level of 1150. XAU USD Forex Forecast Gold price on November 29, 2016 Cancellation option of continuing the development of the downward trend will be strong growth XAU USD above the level of 1240, in this case, we can expect an attempt to continue…
Quotes of the dollar yen currency pair USD JPY continued development of correction, but currently quotes a pair of tightly tested the support area at 111.60, from which we can expect an attempt to continue the development of the uptrend with the upside above level 115. An additional test signal rising support line is in favor of growth the indicator of relative strength. Forex USD JPY Forecast Dollar Yen on November 29, 2016 Cancellation option pairs USD JPY quotes growth will fall below the level of 111, which indicates the continuation of a downward correction to below 108. We have…