The currency pair USD CHF continues to test dense region of the rising channel’s lower border, and at the moment has the potential to form a strong signal to buy the pair with the tight stop below the name of the head and shoulders on the indicator of relative strength. However, to complete this model, it is important to see a drop in prices pair in the region at the level of 0.9720 to the schedule could to finish right shoulder forex model. Analysis USD CHF and forex forecast on November 7, 2016 Cancellation option quotes growth of the pair…
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.
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move through the formation of a bearish pattern Wolfe waves for the purpose of falling below the level of 0.7050. However, at the moment we should not exclude an attempt to increase quotations and test the upper boundary of the model, and only then start falling New Zealand dollar quotes. NZD USD forecast New Zealand Dollar Forex on November 7, 2016 An additional signal in favor of fall comes the test the resistance line on the display ostineotln6oy force, which also involves the reduction…
Quotes Gold XAU USD continues to test the descending channel’s upper boundary forex 1: 1 model. At the moment, the pair formed the model Diamond, which can be broken down, which will point to a continuation of falling of quotations and prices of gold in the area below the level of 1265. XAU USD Forex Forecast Gold price on November 7, 2016 Cancellation option will be a strong growth of quotations and price of gold above the level of 1315, which points to continued growth prices. In favor of the fall also advocates the formation of topping models forex head…
Quotes of the dollar yen currency pair USD JPY will continue to move in line with expectations and at the moment has the potential to start the growth of quotations by the formation of inverted forex head and shoulders pattern. But do not rule out an attempt to test the lower boundary of the rising channel, where you can re-consider buying the pair Dollar Yen. Forex USD JPY Forecast Dollar Yen on November 7, 2016 Cancellation option will drop in prices below the level of 102, which indicates a continuation of the fall in an area below the 101 potential…
Quotes BRENT crude oil continued to fall and the development at the moment there are risks of falling prices of oil in the area below the level of 43 dollars per barrel in the framework of the descending forex 1:1 model. Cancellation option will yield quotations of oil outside the channel. But do not forget about the descending pattern Wolfe waves order to fall below the level of 42 dollars per barrel. Analysis and forecast of oil prices BRENT on November 7, 2016 We continue to hold the sale of oil and increase sales. Do not forget about the publication…
The currency pair Canadian dollar against the US dollar USD CAD continues to build on the areas of support in the form of broken rising channel boundaries. At the moment, we are increasing the amount of long positions on the pair with a close stop. The purpose of growth is the area at the level of 1.3450. Forecast FOREX and technical analysis USD CAD on November 7, 2016 However, it is also necessary to consider the publication of NON-FARM PAYROLLS, which can cause decrease in quotations of the pair and return inside the rising channel. Forecast FOREX and technical analysis…
Currency pair Australian dollar against the US dollar AUD USD continues to test the resistance area tightly. At the moment, it formed a kind of forex failure swing pattern that indicates a breakdown below 0.7620 areas. Cancellation option will increase in quotes above the strong level of 0.77, in which case we can expect an attempt to continue the growth of quotations of USD AUD. Forex Forecast USD AUD and analysis on November 7, 2016 The purpose of the fall and mining forex 1:1 model is the area on the level below 0.75; the cancellation option will also be a…
Currency pair pound dollar GBP USD continues to develop upward correction, however, at this time the value of the relative strength indicator tight testing critical levels, suggesting reducing the pound against the US dollar quotes in the area below the level of 1.2270. Cancellation option will be the continuation of growth of pair as the area above the level of 1.2560. GBP USD forecast pounds Forex November 7, 2016 Since the beginning of the fall of quotations GBP USD will remain the potential for further development fall and the downward trend in an attempt to upgrade the area of a…
Currency pair EUR USD continues to closely test resistance area at 1.1120. Yesterday we got a bounce from this level, and now the pair formed Forex Diamond model, which can be either a reversal or continuation pattern trend. We look forward to trying to break down the model and development of the Euro falling dollar quotations for the purpose of falling below the level of 1.1030. Euro Dollar exchange rate forecast November 7, 2016 An additional signal in favor of formation of topping forex head and shoulders pattern on the indicator of relative strength, as well as the breakdown of…
Euro Trading signals EUR/USD on November 7, 2016 In this currency pair to confidently open the sale, you must wait for the upward movement above the level of 1.1125, so the recommended sales price of 1.1140, StopLoss place for the level of 1.1170, the goal of reducing 1.1030. Trading Signals Swiss franc USD/CHF on November 7, 2016 For sale at the current price (0.9745), Stoploss place of 0.9770, the goal of reducing 0.9699. Trading Signals Australian Dollar AUD/USD on November 7, 2016 For sale at the current price (0.7671), Stoploss place of 0.7700, the goal of reducing 0.7615.