Currency pair USD CHF Franc dollar continues to develop a downward correction and is currently testing the lower quotes tight border uplink bovine model 5-0. We should expect a rebound attempt quotes pair to above the 0.9850 and continued growth in the region in order to update the local maximum. USD CHF Forecast Swiss Franc Forex on November 3, 2016 Cancellation option price growth pair usd chf become stronger drop in prices on the Fed’s decision on rates that indicate a potential local minimum update region. USD CHF Forecast Swiss Franc Forex on November 3, 2016 suggests the rebound from…
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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 develop an upward trend, and at the moment there is a potential for the formation of the descending wave pattern Wolfe forex with a view to fall below the level of 0.7050. However, to complete the model, it is important to see a test of the upper boundary of the model at a level above the area of 0.7310. Forecast Forex New Zealand Dollar on November 3, 2016 Cancellation option will be a strong growth of quotations NZD USD pair above the level of…
Quotes Gold XAU USD continued development of a strong upward correction, but again quotes are testing the upper limit of the downward channel, where we can expect an attempt to falling prices Gold down. Cancellation option will be a breakdown of the upper boundary of the channel and the continued growth of quotations and price of gold above the level of 1350. XAU USD forecast gold price on November 3, 2016 An additional signal in favor of the fall is the area of the resistance test for the relative strength indicator, which also points to the drop since the current…
Quotes Dollar Yen currency pair USD JPY continues to fall in line with expectations and at the moment there is a potential for further reduction to below 101. We continue to keep selling Yen Dollar currency pair, stop the transaction moved to the entry point and expect the Fed’s decision on rates, which can completely change the situation in the forex market. USD JPY forecast Dollar Yen on November 3, 2016 Also, do not rule out an attempt to increase the pair quotes at 104.50 whim to complete the formation of the right shoulder forex head and shoulders pattern that…
The currency pair Canadian dollar against the US dollar USD CAD continues to trade outside of the ascending channel, which suggests an attempt to continue the growth of quotations. Once again, we are trying to buy the Canadian dollar, as oil prices have fallen quite well, but the Canadian is still trading at a level of 1.34. At these prices for oil pair USD CAD quotes should already have been tested area above the level of 1.37. USD CAD Forecast Canadian Dollar on November 3, 2016 Also do not forget that the very breakdown of the upper boundary of the…
Quotes BRENT crude oil continues to fall within the framework of the descending pattern with the Wolfe wave potential target falls below the level of 42 dollars per barrel. Cancellation option could be a strong increase in oil quotations, that in general, probably in connection with the publication of the Fed’s decision on rates. We continue to hold the sale of oil and increase the amount of short positions. Analysis and forecast oil Brent prices on November 3, 2016 Stops on deals we tightened, so that in case of correction to close all positions at a profit, but if prices…
Currency pair Australian Dollar US Dollar AUD USD continues to closely test the upper limit of the downward channel. Presently stored for potential drop pair of quotes in the rebound from the channel and the start of the descending model FX 1:1 in order to fall in the area below 0.7550. AUD USD Forecast Australian Dollar on November 3, 2016 Cancellation option will be a strong growth of quotations of the pair and the breakdown of the upper boundary of the channel, which will point to the continued growth of quotations of the Australian dollar against the US dollar. An…
Quotes of WTI crude oil continues to fall within the framework of the descending forex wave pattern Wolfe with a view to falling prices of oil WTI to below $ 40 a barrel. Quotes were able to break through the support line of the model, indicating the potential continuation of the decline. WTI crude oil forecast November 3, 2016 Cancellation option can become a strong growth of quotations and price of oil at the time of publication of the FOMC rate decision, in which case we can expect an attempt to continue the growth of quotations. WTI crude oil forecast…
Currency pair pound dollar GBP USD is also rather close or rather testing the area where the borders of the lateral movement of the pound had enough time to go beyond the flat. At the moment, if the couple will be able to show a close above the 1.2380 level, we can talk about the continuation of the upward movement. GBP USD Forecast Pound Dollar on November 3, 2016 However, while the pair is testing the resistance area, is expected to fall in quotations attempt GBP USD to below the limit of lively movement at a level below the area…
Currency pair EUR USD continues to develop upward correction, this option we were not expecting too much, but rather waited for the continuation of the downward trend for the pair. Currently quotes are very close to the resistance area at 1.1120, where the pair may find resistance and really where we should expect a rebound and began falling. An additional signal acts as another test of the descending channel. Also, the values of the negative forces of the indicator test resistance area, indicating a potential reversal upward correction in the near future. EUR USD Euro Dollar Forecast on November 3,…