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 of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in the formation of topping models forex head and shoulders, and is currently retained potential for continuation of falling of pair. NZD USD Forecast New Zealand Dollar on January 31, 2017 Is expected to accelerate the fall is a breakdown of the rising channel’s lower border, the immediate goal of the fall is the area on the level below 0.7120. Cancellation option will be a strong growth area and the breakdown of 0.7350, which indicates continued growth of quotations en NZD/USD above the…

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Currency pair USD CHF Franc the dollar continues to move in the completion of the forex Wedge pattern and currently quotes pair failed to break through the upper boundary of the region, indicating that the attempt to continue its growth with the resistance area at 1.0120 en breakdown. USD CHF Forecast Swiss Franc on January 31, 2017 In favor of a continuation of growth of pair dollar quotes Frank acts breakdown of the trend line on the indicator of relative strength, it also points to the potential growth above the level of 1.0250. Cancellation option will drop in and sample…

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Currency pair Australian dollar against the US dollar AUD USD continues to move through the formation of topping forex model and breakdown of 0.7510 area is expected to accelerate and fall of the Australian dollar quotations in the area below the level of 0.74. AUD USD Forecast Australian Dollar on January 31, 2017 We try aggressive sales of AUD/USD with a close stop. In favor of a continuation of the fall is the rebound of a downward trend line on the indicator of relative strength. Cancellation option will increase in quotes above a strong local maximum level that points to…

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The currency pair Canadian dollar against the US dollar USD CAD continues to move through the formation of reversal pattern Forex double bottom with a potential target of the level above 1.36 area, but to complete the forex model is important to see the breakdown of the resistance area at 1.3380 above. USD CAD Forecast Canadian Dollar on January 31, 2017 At the moment, we can expect an attempt to continue the growth of quotations pair Canadian Dollar after a minor correction and a breakdown field of 1.32 is expected to accelerate growth in USD/CAD quotes. Cancellation option will be…

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Quotes Gold XAU USD continues to move in the forex reversal patterns with the potential double top order to develop at a level below the area of 1160. At the moment, we can expect a tight test of resistance at the area of 1192-1195, where is again consider selling the expected decrease in quotations and prices for Gold to below the level of 1160. XAU USD Forecast Gold price on January 31, 2017 But do not rule out a higher compensation and test the resistance of the downlink on the indicator of relative strength, and only then to continue the…

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Currency pair EUR USD continues to move in the forex reversal patterns and head and shoulders at the moment the quotes struck the area of the neckline, we should expect an attempt to test the breached border and continue to fall below the level of 1.05. EUR USD Forex Forecast on January 31, 2017 In favor of a continuation of falling of euro dollar quotes appears rebound relative strength indicator values from the resistance line. Cancellation option will drop the pair quotes strong growth above the level of 1.0750, which points to continued growth in the region of 1.0850. Among…

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Currency pair pound dollar GBP USD continues to move within the framework of the descending pattern forex Wolfe waves with a potential target of the fall to a level below 1.22 area. In favor of a continuation of falling of quotations of the pound against the US dollar in favor breakdown uptrend line on the indicator of relative strength, which points to the breakdown of the area 1.21 closing price. GBP USD forex forecast on January 31, 2017 We try aggressive sales pound with a close stop and are ready to increase the volume of sales with a decrease in…

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Quotes BRENT crude oil continues to move in the form of forex triangle patterns, and now eats the potential for the breakdown of the lower boundary of the model, due to the dense dough punched trend line on the indicator of relative strength. BRENT forecast oil prices on January 31, 2017 The immediate goal of reduction of quotations and the price of oil is the area at a level below 54 dollars per barrel. With the breakdown of the level of 54, is expected to continue to decline at the level of $ 50. Cancellation option will be a breakdown…

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Trading Signals British pound GBP/USD on January 30, 2017 Buying on the level of 1.2490, StopLoss set for 1.2460, 1.2650 growth target. Euro Trading signals EUR/USD on January 30, 2017 Buying at the current price (1.0696), StopLoss set for 1.0650, 1.0770 growth target. Trading Signals New Zealand dollar NZD/USD on January 30, 2017 Buying at the current price (0.7543), StopLoss set for 0.7500, 0.7600 growth target.

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Currency pair USD CHF Franc dollar closed the week at 0.9988. The pair continues to test the support area that indicate the potential for a rebound and continued growth of quotations in the next resistance area at 1.0220. In favor of a rise in quotations USD/CHF testing the rising trend line on the indicator of relative strength. USD CHF forecast on January 30, 2017 — February 3, 2017 Cancellation option will drop the growth area of 0.99 and a break that will point to the continued decline in the area below the level of 0.9665. Among the important news from…

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