Currency pair pound dollar GBP USD continues moving inside the descending channel, and at the moment there is a potential for a minor correction of quotations in the next resistance area at 1.2320 where again is expected to fall within the mining forex reversal patterns failure swing on the indicator of relative strength. GBP USD Forecast Pound Dollar on January 20, 2017 In favor of a continuation of the fall is the relative strength of the rebound of the indicator from the downtrend line. Among the important news that could affect the pound stands out, Retail Sales, taking into account…
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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 BRENT crude oil continues to move through the formation of a large reversal pattern Forex Head and shoulders, and is currently retained potential for further decline in oil quotations willows area below the level of 53 dollars per barrel. BRENT forecast oil Prices on January 20, 2017 Cancellation option will be the reduction of quotations sample area above the level of 57 dollars per barrel, which will lead to the cancellation of the completion of the forex reversal patterns and continuation of growth in the area above the level of 60 dollars per barrel. Is expected to accelerate the…
Currency pair Australian dollar against the US dollar AUD USD continues to move in the upward correction. Quotes couples were able to show a slight fall, and is currently retained potential for falling Australian dollar quotations in the area below the level of 0.74. AUD USD Forecast Australian Dollar on January 20, 2017 In favor of the option of falling trend line breakout acts an indicator of the relative strength and return to the line. We continue to hold to sell the pair and are ready to increase the volume of sales with a decrease in development. Is expected to…
The currency pair Canadian dollar against the US dollar USD CAD continues to move in line with expectations and currently quotes couples were able to show a rebound from the lower boundary of the rising channel on the daily chart of the pair, and even managed to break through the resistance area Forex reversal double bottom pattern. USD CAD Forecast Canadian Dollar on January 20, 2017 Now we can expect a small correction to the pair at 1.3240 and continuing USD/CAD quotes growth in the area of the upper limit of forex triangle patterns on a level above the area…
Quotes Gold XAU USD continues to move in the upward correction and currently quotes Gold could break through the region of the rising channel’s lower border, indicating a potential reversal XAU USD quotes and start to fall below the level of 1105. XAU USD Forecast GOLD price on January 20, 2017 In favor of the version of the fall of quotations and prices for Gold It serves the lower limit of the breakdown of the model triangle on the display relative strength. The immediate goal of the fall is the area at the level of 1190, and the next target…
Quotes of the dollar yen currency pair USD JPY continues to move in the beginning of the mining bullish wave pattern Wolfe forex Wedge pattern and, at the moment the pair quotes struck the upper boundary of the model, which indicates that an attempt to continue the growth of quotations in the area above the level of 118.50. USD JPY Forecast Forex Dollar Yen on January 20, 2017 In favor of the version of the growth is the breakdown of the trend line on the indicator of relative strength, indicating a breakdown on the chart a similar line. However, we…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in line with expectations and at the moment is preserved for potential drop due to the formation of reversal pattern Forex Head and shoulders, drop goal and testing of this model comes to the area below 0.7050. Technical analysis and NZD USD Forecast on January 20, 2017 Cancellation option will be a breakdown of 0.7220 areas, which point to the abolition of the model and the continued growth in NZD/USD quotes in the area above the level of 0.74. We continue to hold…
Currency pair USD CHF Franc the dollar continues to move in the beginning of growth and currently quotes struck the upper limit forex Wedge pattern upward, indicating an attempt to continue the growth of quotations of dollar pair Frank in the area above the level of 1.0210. USD CHF Forecast Swiss Franc on January 20, 2017 In favor of a continuation of the trend line breakout appears on the display relative strength. But do not exclude the correction of quotations attempt pair USD/CHF to 1.0050 below the level in the framework of completion of the forex inverted head and shoulders…
Currency pair USD CHF Franc the dollar continues to move through the formation of bullish forex Wolfe wave model with a potential upside target above the level of 1.0150. In favor of the growth option appears tight test the support line on the indicator of relative strength. USD CHF Forecast Swiss Franc on January 19, 2017 Expect faster growth of quotations of the pair is worth 1.0055 with a breakdown field of closing prices. Cancellation option will drop in prices pair usd chf below 0.9940, it will point to a continuation of the downward trend. Among the important news from…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in the dense test resistance area, where we should expect a rebound attempt and fall couples in the area below the level of 0.7070. Forecast exchange rate NZD USD FOREX on January 19, 2017 Cancellation option of falling quotations NZD USD will be strong growth and the breakdown region of the upper boundary of the descending channel, which points to continued growth in the New Zealand dollar quotations in the area above the level of 0.74. Expect accelerating drop in prices pair is…