Quotes Gold XAU USD finished the trading week higher at the level of 1275. At the moment, gold quotes are testing the upper limit of the downward channel, there is also formed the descending forex model 1: 1 with the potential to reduce the XAU USD quotes in the area below the level of 1180. In the fall of benefit also acts test the descending resistance line on the indicator of relative strength. Gold XAU USD forecast on October 31, 2016 — November 4, 2016 Cancellation option quotations falling and the price of gold will be strong price growth above…
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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.
The currency pair New Zealand dollar NZD USD finished the trading week at 0.7163. At the moment, preserved potential for falling NZD USD quotes at the beginning of working out the framework bearish Wolfe wave model. Forex NZD USD Forecast on October 31, 2016 — November 4, 2016 Cancellation option will be a strong growth of quotations of the New Zealand Dollar higher than 0.76, which indicates the abolition of forex model and the continued growth of quotations. In favor of the fall will be a breakdown of the uptrend line on the pair. We continue to hold to sell…
Currency pair USD CHF forex trading week of 0.9873 has completed. Currently quotes pushed off from the resistance area. As you can see, as one of the options should be considered an attempt to test the support line on the indicator of the relative strength and the beginning of the growth of quotations of dollar pair Frank in the area above the level of 1.01. Cancellation may be the formation of topping Forex Head and Shoulders pattern that points to the fall of quotations and testing Forex Wolfe wave model in order to reduce the level below 0.95. USD CHF…
Dollar Yen currency pair USD JPY closed the week at 104.68. Currently quotes are back inside the rising channel, which indicates a drop in prices pair Dollar Yen to decline at a level below the area 102. Cancellation option will be a strong growth of quotations USD JPY higher than 106, which will indicate the full output of the channel, quotes and a continuation couples of quotations growth in the area above the level of 109. USD JPY forecast on October 31, 2016 — November 4, 2016 However, as the primary option in favor decrease in quotations below 102 in…
The currency pair Canadian Dollar to US Dollar USD CAD finished the trading week higher at 1.3393. At the moment, the pair quotes struck uplink upper border, indicating that the attempt to continuation of growth of pair of quotes in the area above the level of 1.37. USD CAD forex forecast on October 31, 2016 — November 4, 2016 Cancellation option will drop in the Canadian dollar quotations below the level of 1.31, which indicates the return of a pair of USD CAD into the channel, and drop to the lower limit. We continue to try aggressive buying a pair…
Quotes BRENT crude oil finished the trading week of 50.67 dollars per barrel. At the moment, preserved potential for a fall in quotations within the breakdown of the trend line on the indicator of relative strength, as well as in the beginning of the mining triangle forex pattern on the indicator of relative strength. Forecast BRENT oil price on October 31, 2016 — November 4, 2016 We continue to hold the sale of oil and increase the amount of short positions on crude oil, the cancellation option will BRENT strong growth of quotations above the local maximum level that points…
The pair AUD USD AUD closed the week at 0.7594. currently quotes pair continues to trade within the forex triangle patterns. There remains potential for further reduction of quotations couple sample the lower boundary of the model triangle that points to the continued decline in the area below the level of 0.72. AUD USD Forecast on October 31, 2016 — November 4, 2016 Cancellation option will be a strong growth of quotations AUD USD higher than 0.77, which points to the breakdown of the upper limit of forex model, this option indicates the continuation of an upward trend. AUD USD…
Currency pair pound dollar GBP USD finished the current trading week at 1.2185. At the moment, the pair continues to trade within a descending trend. In favor of the fall of quotations of the dollar against the pound testing the breached support line on the indicator of relative strength. The purpose of the fall of quotations GBP USD may be a region at a level below 1.15 area. GBP USD Forecast on October 31, 2016 — November 4, 2016 Cancellation option of falling of pair on the next trading week will be a strong growth of the pair above the…
Quotes of WTI crude oil ended the trading week at $ 48.89 a barrel. At the moment, preserved potential for falling oil quotations within start working out a bearish wave pattern Wolfe with a view to fall below the level of 36 dollars per barrel. In favor of this option and reduce the quotations and prices for WTI crude oil on the next trading week trend line acts as a breakdown on the relative strength indicator, which indicates a breakdown on the chart a similar line. Analysis and forecast of oil WTI prices on October 31, 2016 — November 4,…
Currency pair EUR USD closed the week at 1.0984. At the moment, there is the potential for the formation of the descending pattern forex 1:1 in order to fall below the level of 1.07. We should expect an attempt to test the upper boundary of the model, and a new attempt to fall. We continue to hold the sale of the euro dollar, but quotations leaves the descending channel cancels the option to drop. EUR USD Euro Dollar Forecast on October 31, 2016 — November 4, 2016 An additional signal in favor of the falling euro, the dollar next week’s…