The currency pair USD CHF continues to trade within the upward channel and is currently testing the support area of dense, indicating a likely bounce up and development of an upward movement in order to increase quotations pair above the level of 1.01. An additional signal in favor of the growth of quotations USD CHF testing the rising trend line on the indicator of relative strength. We try to buy the pair usdchf the tight stop. Forex Forecast USD CHF Swiss Franc on October 31, 2016 Cancellation option will drop in prices and a break of the rising channel’s lower…
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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 test the area at the level of 0.7140. However, at the moment conserved potential for falling of pair of quotes in the area below the level of 0.7050. Forex forecast New Zealand Dollar NZD/USD on October 31, 2016 We continue to hold the sale NZD USD with a tight stop and willing to try new as the New Zealand dollar decline in prices. Forex forecast New Zealand Dollar NZD/USD on October 31, 2016 suggests an attempt to fall in the rebound from the upper…
Quotes Gold XAU USD continues to trade in line with expectations and at the moment there is a reversal of forex model as the price chart of Gold, and the indicator of relative strength, which points to a potential drop since the current levels in order to reduce at a level below the region in 1220 with the probable fall to the level of 1180. XAU USD Forex Forecast Gold price on October 31, 2016 Cancellation option will be a strong growth of quotations and sample area 1280 closing prices, which will point to the continued growth of gold prices.…
Quotes of the dollar yen currency pair USD JPY continues to trade outside of the ascending channel. Even after the price breaks the upper border, we can talk about trying to continue the growth of quotations of dollar yen pair to above the level of 106 in the framework of mining punched bandwidth. Analysis and forecast Dollar Yen USD/JPY on October 31, 2016 Cancellation option will be the growth of a drop in prices USD JPY The pair in the area below the level of 104.50, which will point to the continued decline to the level of the channel’s lower…
Quotes BRENT crude oil continues to trade on the level of resistance, and has the potential to see the beginning of the fall in the framework of working out a broken forex triangle patterns. The purpose of the fall is the area on the level below 49 dollars per barrel. Forecast prices BRENT crude oil on October 31, 2016 Cancellation option will increase in quotes above the strong level of 53 dollars per barrel, which indicates continued growth an couple. Also do not forget about the downward wave pattern Wolfe with a view to falling prices of oil below 43…
The currency pair Canadian dollar against the US dollar USD CAD continues to trade outside of the ascending channel, which indicates the likely increase in the Canadian dollar quotations above the level of 1.3450 and the continuation of an upward trend. USD CAD Forecast Canadian Dollar on October 31, 2016 Cancellation option will drop in prices pair USD/CAD below 1.3280. In this case, we should expect the Canadian dollar quotations fall below the level of 1.31. USD CAD Forecast Canadian Dollar on October 31, 2016 suggests an attempt to continue its growth in the framework of the beginning of the…
Quotes of WTI crude oil continues to trade outside the Forex Triangle patterns. At the moment quotes are testing densely punched border triangle that points to WTI quotations falling to below $ 47 per barrel. But do not rule out an attempt to test the descending pattern on the indicator of relative strength that will point to a continuation of the fall in the rebound from the line. Oil WTI forecasts and analysis on October 31, 2016 Cancellation option of falling oil quotations of WTI will be strong growth above the level of 52 dollars per barrel, which will point…
Currency pair Australian dollar against the US dollar AUD USD continues to decline in line with expectations and at the moment there are risks to see an attempt to break the lower boundary of triangle forex pattern and continue falling to below the level of 0.7450. AUD USD Forecast Australian Dollar on October 31, 2016 An additional signal for the continuation of the fall will be a breakdown of the support line on the indicator of relative strength. Cancellation option of falling Australian dollar quotations will be a strong growth of quotations AUD/USD above the 0.7630 level. AUD USD Forecast…
Currency pair pound dollar GBP USD continues to trade within the forex descending triangle pattern with the breakdown of the lower limit, which is expected to accelerate the fall of the pound against the dollar quotes in the area below the level of 1.18. Forecast FOREX Pound Sterling GBP USD on October 31, 2016 Cancellation option will be a strong growth of GBP/USD pair above the level of 1.23, which indicates the continuation of upward correction. Further development could trigger a fall update local minimum area at a level below 1.14. Forecast FOREX Pound Sterling GBP USD on October 31,…
Currency pair EUR USD EUR USD continues to test the tight downward resistance line on the indicator of relative strength, indicating a continuation of the bearish trend for the pair with a potential target of the fall below the level of 1.08. Cancellation option will be a strong growth of quotations of the dollar the euro above the level of 1.0970. In this case, we should expect the continuation of the rising correction to above the level of 1.10. Forex Euro Dollar Forecast EUR USD on October 31, 2016 We continue to keep selling the dollar and euro are ready…