The currency pair Canadian dollar against the US dollar USD CAD continues to move in the upward movement of the potential upside target level above 1.35 area. At the moment, we should not exclude an attempt to reduce the quotations in the region of the rising channel’s lower border, where we can expect an attempt with the immediate goal of growth at the level of 1.34. USD CAD Forecast Canadian Dollar on January 24, 2017 In favor of a growth in USD/CAD quotes will make a tight test of the rising trend line on the indicator of relative strength. In…
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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.
Currency pair Australian dollar against the US dollar AUD USD continues to move in the development of ascending correction and at the moment has the potential to turn a pair of quotes due to completion of the forex head and shoulders pattern. AUD USD Forecast Australian Dollar on January 24, 2017 The purpose of the fall is the area on the level below 0.7425. Cancellation option quotations falling AUD/USD will be strong growth above the level of 0.76, which indicates an continued growth of the Australian dollar against the US currency. In favor of the fall is the breakdown of…
The currency pair USD CHF continues to move through the development of a downward correction, but currently quotes met major support area, where we can expect the beginning of growth and a rebound in the area above the level of 1.0050 with a breakdown, which is expected to attempt to continue the growth of quotations pair Dollar Frank the area above the level of 1.0350. USD CHF Forecast Swiss franc on January 24, 2017 Cancellation option will be a drop in the growth of quotations and sample area of 0.9950, that will indicate the continued decline in the area below…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in the beginning of the descending forex 1:1 model with the potential to reduce the level below 0.68 area. At the moment, also formed a reversal pattern Forex Head and shoulders, that will indicate a potential rebound from an upper limit of the downward channel and began to fall to below 0.7020. Technical analysis and forecast NZD USD on January 24, 2017 Cancellation option will be a strong growth of quotations NZD/USD above the 0.7240 level, which indicates an upper boundary of the…
Quotes of the dollar yen currency pair USD JPY continues to move in the upward mining forex wave pattern Wolfe with a potential target of growth above the level of 118.50. Currently quotes show a decrease, but the potential for growth of the pair is maintained until the pierced area below the level of 111.50. USD JPY Forecast dollar yen on January 24, 2017 Expect faster growth of quotations is from the breakdown area 115.80. Important news from Japan is expected tomorrow, so the pair will continue to move in the technical analysis of USD/JPY. In the case of a…
Quotes BRENT crude oil continues to move in the formation of reversal pattern Forex Head and Shoulders. Expect accelerating drop in prices and the price of oil is a breakdown of the neckline that point to the end of the model and the beginning of fall to below $ 50 per barrel. BRENT forecast for oil prices on January 24, 2017 Cancellation option quotes and falling oil prices will sample the region of $ 57.50 per barrel, which will indicate an attempt to grow and test the local maximum region. BRENT forecast for oil prices on January 24, 2017 suggests…
Currency pair pound dollar GBP USD continues to move in the upward correction, at the moment there is a potential for the formation of the descending pattern forex 5-0 with a potential target of the level below the 1.2050 area. GBP USD Forex Forecast Pound Dollar on January 24, 2017 Cancellation option will be a strong growth of quotations and going beyond the upper boundary of the descending channel with the closing quotes above level 1.2550, which will point to continued growth. In favor of the fall is the formation of the descending wave pattern Wolfe and dense downlink test…
Currency pair EUR USD continues to move in the growth, the pair failed to fulfill reversal pattern and the newly updated area of a local maximum. However, after the maximum test quotes show fall, so at the moment there are risks again see the dollar decline in the euro to below 1.0620 quotations. EUR USD Forecast Euro Dollar rate on January 24, 2017 In favor of the version of the fall of dense stands the test downward trend line on the indicator of relative strength, it also points to the drop since the current levels. In the event of breakdown…
Technical analysis USD/CAD on January 24, 2017 Break of the resistance level has not received further development and a pair of back down now on the way there is only the level of support to which the couple will seek in the next few days. Technical Analysis EUR/USD on January 24, 2017 Euro breaking the resistance level goes up. On the way it is waiting for the price of 1.0763, which may be another “stumbling block” and a couple of stuck on it, but in case of breakdown level, we can observe a further increase to the level of 1.0876.…
Trading Signals New Zealand dollar NZD/USD on January 24, 2017 Buying on the level of 0.7161, StopLoss place of 0.7130, 0.7220 growth target. Trading Signals Canadian dollar USD/CAD on January 24, 2017 For sale at the current price (1.3267), StopLoss place of 1.3312, the goal of reducing 1.3077. Trading Signals Australian Dollar AUD/USD on January 24, 2017 Buying on the level of 0.7527, StopLoss place of 0.7515, 0.7585 growth target.