Dollar Yen currency pair USD JPY finished the trading week of continued growth at a level above the area 113. At this time retained the potential for further growth of the pair of quotes in the area above the level of 115. USD JPY forecast on November 28 — December 2, 2016 But do not rule out an attempt of a downward correction in the area 110 where the test will take place on a tight top border of the rising channel on the display relative strength. Cancellation option price growth pair Dollar Yen on the next trading week can…
Author: forex24pro
The currency pair Canadian Dollar to US Dollar USD CAD finished the trading week rebound from the support area. Currently quotes are traded within the bullish forex model 1: 1, indicating the continuation of the Canadian dollar quotations growth higher than 1.3850. USD CAD forex forecast on November 28 — December 2, 2016 An additional signal in favor of the growth is the test rising trendline on the Relative Strength Indicator. We continue to keep buying the pair with the tight table and are ready to increase the amount of long positions in the development of an upward trend. Cancellation…
Quotes of WTI crude oil ended the trading week at 46.61 dollars per barrel. Currently quotes continues to move through the formation of reversal pattern double top, which suggests an attempt to fall below $ 30 per barrel. However, this decline is important to see a breakdown of the support area at $ 40 per barrel. WTI oil price forecast on November 28 — December 2, 2016 In favor of the version of the fall and also acts as a reversal pattern forming head and shoulders, as we see, oil is traded at just the right shoulder-level model, which indicates…
Quotes BRENT crude oil ended the trading week at $ 48.38 a barrel. We continue to hold the sale of oil from a close table above the $ 51 per barrel. In favor of quotations and fall in oil prices appears to rebound from the resistance line, which implies the beginning of working out a reversal Forex Double Top model in order to reduce the area below the $ 35 per barrel. Forecast BRENT oil price on November 28 — December 2, 2016 An additional signal in favor BRENT quotations fall is the test of the descending trend line on…
Currency pair Australian dollar AUD USD finished the trading week with a minor correction, but is expected to attempt to continue falling in the rebound from the resistance area. We continue to hold the sale of the Australian dollar and are ready to increase the volume of sales to the extent of the fall. AUD USD forecast on November 28 — December 2, 2016 The aim of reducing the next trading week is the area at the level of below 0.70 with a potential drop to below 0.68. Cancellation option of reduction of quotations AUD USD can become a strong…
Currency pair pound dollar GBP USD finished the trading week of the current downtrend channel test of the upper boundary at 1.2450. Currently retained potential for further quotations pound falling against the US dollar at the beginning of the descending part of forex 1: 1 model with the potential to reduce the level below 1.15 area. GBP USD forex forecast on November 28 — December 2, 2016 Cancellation option will be the pair of strong growth and the breakdown field of the upper limit of the downward channel. In favor of the continuation of the fall is the rebound value…
Currency pair EUR USD closed the week near the 1.0590 level. At the moment, the euro dollar tight testing the lower boundary of the area forex model Triangle, this area will trigger the breakdown of the continuation of decrease in pair EUR USD to below 0.92. EUR USD Euro Dollar Forecast on November 28 — December 2, 2016 At the beginning of the next trading week is expected to attempt the development of upward correction to 1.0650, from where we can expect an attempt to continue falling, but do not rule out an earlier decline in the near future. In…
The currency pair USD CHF continues to test the area at the level of 1.0166. At the moment, there is a potential for reduction of quotations as through dense test the resistance line on the indicator of relative strength. USD CHF Forecast Swiss Franc on November 25, 2016 However, there is no high-quality signals in favor of the sales, it is not necessary to try to expand this trend, it makes sense to wait for the correction to below the level of 1.0090, where try to buy or wait for the formation of reversal pattern head and shoulders that will…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to fall within the framework of the development of a rebound from a broken neck line reversal pattern Forex Head and Shoulders. The purpose of the fall is the area on the level below 0.66 areas. NZD USD Forecast New Zealand Dollar on November 25, 2016 Cancellation option will drop strong price growth above the right shoulder-level models that point to a reversal of the current trend. We continue to hold the sale of the New Zealand dollar and are ready to increase the volume…
Quotes Gold XAU USD continues to fall and is practically working out the first drop target at 1180. We continue to hold the sale of gold, and are ready to increase the volume of sales to the extent of the fall. Next to reduce quotations XAU USD may be a region at a level below 1150. XAU USD Forex Forecast Gold price on November 25, 2016 Cancellation option of falling prices for gold will be strong growth of quotations set out above level 1215, which will point to a continuation of upward correction with the upside above the level of…