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 BRENT crude oil continues to trade at $ 47.41 a barrel. At the moment, there is no clear signal in favor of sales, is an attempt to wait growth of quotations of oil in the area set out above the level of 48 dollars per barrel, where he will test the descending trend line on the indicator of relative strength. Forecast BRENT oil price on November 18, 2016 Cancellation option quotes to continue falling and the price of oil will continue to grow above the level of 50 dollars per barrel, which will point to a continuation of the…

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Currency pair EUR USD continues to attempt development of ascending correction within start working out a reversal forex head and shoulders pattern on the indicator of relative strength, also makes failure swing. The purpose of upward correction is the area at a level above 1.08. EUR USD Euro Dollar Forecast on November 18, 2016 Cancellation option euro dollar growth of quotations will be a drop in prices pair EUR USD below 1.0650; it will point to a continuation of the fall. We try aggressive buying the euro against the US currency. EUR USD Euro Dollar Forecast on November 18, 2016…

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The currency pair USD CHF try to turn on the area local maximum within the beginning of the descending pattern Wolfe waves with the potential to decrease below 0.96 areas. USD CHF Forecast on November 18, 2016 Cancellation option will be the continued growth of quotations pair Dollar Frank in the area above the level of 1.01, which indicates a continuation of an upward trend for the pair. In favor of the fall and stands the test downward trend line on the indicator of the relative strong force. We try aggressive selling the pair with the tight stop. USD CHF…

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Currency pair USD JPY USD JPY Forex try to develop a downward correction and at the moment there is a high potential to see a drop in prices pair Dollar Yen to the level of an uplink channel 106. USD JPY Forecast Yen Dollar on November 18, 2016 When the lower limit of the test is expected to attempt to increase USD JPY quotes at the beginning of working out the framework bovine model 1: 1 with a view to potential rises above level 110. The benefit of the fall of quotations pair performs test resistance area on the indicator…

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The currency pair Canadian dollar against the US dollar USD CAD continues to test the support area close to the 1.3450 level; hence we can expect an attempt to increase the Canadian dollar quotations in the area above the level of 1.3550. USD CAD Forecast Canadian Dollar on November 18, 2016 In favor of a growth of quotations serves hearty test rising trendline on the Relative Strength indicator, which also indicates an attempt to continue its growth. Cancellation option will drop in prices USD CAD below 1.33, which points to a continuation of the fall to below 1.3150. USD CAD…

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Quotes Gold XAU USD continues to trade within a lateral movement and at the moment quotes are testing the area 1228. We should expect attempts of upward correction with a tight test area in 1245, where you can try new gold sales with the tight stop. XAU USD price forecast for gold on November 18, 2016 Cancellation option will be a strong growth XAU USD quotes above the level of 1255, which points to a continuation of upward correction. XAU USD price forecast for gold on November 18, 2016 suggests an attempt to upward correction to the resistance area at…

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Quotes of WTI oil and 46.22 dollars per barrel. Currently quotes tight test resistance area, which indicates that an attempt to drop in prices to below $ 45 per barrel. An additional signal in favor of the fall is the formation of reversal pattern Forex Head and Shoulders. WTI crude oil forecast and analyst on November 18, 2016 Cancellation option quotations fall and for WTI crude oil price quotations will yield higher than 47 dollars per barrel, will cancel the model and indicate an oil continued growth in the region above the level of 49. WTI crude oil forecast and…

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The pair NZD USD New Zealand dollar continued tight test the neckline, at the moment there is a potential for the development of correction before the breakdown of the neckline down. NZD USD Forecast on November 18, 2016 We continue to keep selling the pair, however, we are willing to increase sales only with the breakdown of the neckline, with a test level of 0.7170, which is expected to complete the development of ascending correction for the New Zealand Dollar. NZD USD Forecast on November 18, 2016 suggests correction and attempt to continue falling in the framework of working out…

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Currency pair Australian dollar against the US dollar USD AUD continues to reduce development, but at the moment there is a potential for a correction to start at the level of 0.7540. In favor of the version of the beginning of the growth is the tight test support area on the indicator of relative strength, which is also indicated in the attempt to increase quotations AUD/USD. AUD USD Forecast Australian Dollar on November 18, 2016 Cancellation option of the Australian dollar will rise in share price continued to decline below the level 0.7440, which will point to a continuation of…

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Technical analysis and forex forecast AUD/CAD on November 18, 2016 The Australian dollar continues to decline against the Canadian dollar. At the moment, the pair formed a figure of trend continuation inverted pennant. Testing of the figures in the near future, will lead the pair to the support level located at 0.9962, the review Forex Analysis and NEWS on November 18, 2016. Technical analysis and forex forecast CAD/JPY on November 18, 2016 Against the background of the strengthening Canadian dollar pair closed the last trading session of the pin-bar, which was formed after the price increase. Count on the turn…

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