The currency pair USD CHF continues to test the support area, but the quotes are gone into the development of a downward correction. USD CHF Forecast Swiss Franc on November 1, 2016 In favor of the continued growth of quotations of dollar pair Frank enters the test rising trendline on the Relative Strength indicator, however, if the pair will not be able to update the local area and the maximum area can fall below 0.9880, it will point to a continuation of the fall. USD CHF Forecast Swiss Franc on November 1, 2016 suggests an attempt to increase in the…
Author: forex24pro
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continue to trade down, and at this point can be seen the structure of the movement for the pair as a forex model Triangle. With the breakdown of the lower boundary of the model is expected to accelerate the fall of quotes NZD USD to below 0.7050. NZD USD Forecast New Zealand Dollar on November 1, 2016 Cancellation option will be a strong growth of quotations of the pair and the breakdown of 0.7170 area, which point to a continuation of the development of upward correction…
Quotes Gold XAU USD continues to trade within the descending channel, despite the attempt of correction. As you can see, the values of the relative strength indicator again test the downward trend line, indicating a fall since the current levels. We are trying to sell gold with a stop above the level of 1280, quotations leaves the descending channel will indicate the development of an upward trend and the continued growth of quotations XAU USD. XAU USD Gold price forecast on November 1, 2016 The purpose of the fall and of the descending forex 1: 1 model is the area…
Quotes of the dollar yen currency pair USD JPY continues to test the upper boundary of the channel, which indicates a likely rebound and try to drop in prices pair Dollar Yen. Cancellation option will update the local maximum area that will provoke the continued growth of quotations USD JPY with a view above the level of 107. Dollar Yen Forecast USD JPY on November 1, 2016 A qualitative signal in favor of the fall will be the formation of topping models forex head and shoulders with a breakdown of the level of 104.50, where you can try short positions…
Quotes BRENT crude oil continues to trade lower, and at the moment is preserved for potential drop in prices and oil prices below $ 49 per barrel. Cancellation option will be a strong growth of quotations of oil above the level of 53 dollars per barrel. We continue to hold the sale of oil and are ready to increase the volume of short positions on decreasing development. Forecast prices BRENT oil on November 1, 2016 Also do not forget about the development of the descending wave pattern Wolfe in order to reduce the area below 43 dollars. Forecast prices BRENT…
The currency pair Canadian dollar against the US dollar USD CAD continues to trade outside the uplink and currently there are risks to see the continued growth of quotations on a pair of width of the channel. Cancellation option could be a drop in prices pair below the level of the Canadian dollar 1.33, which could provoke a continuation of the fall to the bottom of the channel. Canadian Dollar Forecast USD CAD on November 1, 2016 We continue to try to buy the pair, and the whole incident under the oil forward attempt USD CAD quotes growth. Canadian Dollar…
Quotes of WTI crude oil continues to trade within the downward trend and currently retained potential for falling prices of oil in the area below the level of 40 dollars per barrel by the beginning of the descending pattern Wolfe waves. Oil WTI forecasts and analyst on November 1, 2016 Cancellation option may become strong Rots oil prices above the level of 54 dollars per barrel. The immediate goal of the fall is the test of the trend line at $ 47 per barrel. Oil WTI forecasts and analyst on November 1, 2016 assumes a continuation of the trend to…
Currency pair Australian dollar against the US dollar AUD USD continues to trade within the forex triangle patterns. At the moment, and the values of the indicator of the relative strength moving in the model Triangle, we expect the breakdown of the lower limit and the beginning of the fall of quotations pair below 0.74 within the mining model. Australian Dollar Forecast AUD USD on November 1, 2016 Cancellation option can become a strong growth of quotations AUD USD above 0.77 levels. But do not rule out a pair of correction attempt to 0.7640. Australian Dollar Forecast AUD USD on…
Currency pair pound dollar GBP USD is trading within the downward trend. At the moment, the pair quotes tight testing the upper limit of Descending Triangle chart pattern, the breakdown of which is down will accelerate the development of the pair fall. Cancellation option can become a strong growth of quotations of the pound against the dollar above the level of 1.2270, which indicates a potential continuation of upward correction. GBP USD Forecast pounds on November 1, 2016 An additional signal in favor of formation of topping forex head and shoulders pattern on the display relative strength, which also points…
Currency pair EUR USD Euro Dollar continues moving inside the descending channel, the pair correction will be continued, but it is too early to talk about the reversal of the current trend. At this point in favor of the fall is the next test the resistance line on the indicator of relative strength, also cannot exclude an attempt to test the upper limit of the downward channel. We continue to hold the sale of the euro dollar and try new short positions; cancellation scenario will be a strong growth of quotations above level 1.1030, which will point to a pair…