Author: 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 oil BRENT brand showed a decrease in the publication of data on crude oil inventories from the US Energy Department, which showed a decrease. BRENT Oil price forecast on December 15, 2016 At the moment, oil tight testing the support area, where we can expect growth in an attempt to above the level of 56 dollars per barrel and continued reduction in the framework of the continuation of mining model Expanding formation with a potential target of the fall below the level of 44 dollars per barrel. The values of the relative strength indicator is also testing the…

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Currency pair pound dollar GBP USD continues to move in line with expectations, at the moment there is a potential for a slight correction to 1.27, where we can expect the beginning of reduction within the mining Wedge model. GBP USD Forex Forecast for December 15, 2016 The purpose of the fall of the pound dollar quotations on the area below the area of 1.2280. An additional signal in favor of the continuation of decrease in quotations pound perform sample support line on the indicator of relative strength. Among the important news from the UK, which may have an impact…

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Currency pair EUR USD continues to move in the downward FX 1: 1 model. At the moment, we still expect to field test 1.07 attempted under the formation of models complete forex head and shoulders, from which we can expect the fall in quotations of the euro dollar. EUR USD Euro Dollar Forecast on December 15, 2016 Cancellation option will yield EUR USD quotes above level 1.0850, which will indicate the breakdown of the upper limit of the downward channel. We continue to hold to sell the pair and are ready to build positions after the publication of FOMC decision…

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Quotes Gold show a downward trend the past few years, many traders and investors are interested in, when the price of gold will rise and what the forecast price of gold in 2017. XAU USD Forecast Gold price 2017 For example, Sberbank expects that prices may show growth in 1150 and to test the area in the next year, but towards the year 2020 the price of gold will rise to the level of $ 1,200. Expect the price of gold at 1195 Deutsche Bank analysts, in turn, Morgan Stanley indicates the maximum level in 1173 dollars. One of the…

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Quotes of WTI oil have shown a serious growth at the end of this year. Many banks have already prepared and made its forecast for oil prices in 2017. Goldman Sachs, in turn suggests that the price of oil could rise above $ 60 per barrel in early 2017, assuming that OPEC will be able to realize the reduction of oil production. Analysts Barclays, talk about the level of $ 50 at the beginning of next year, with a potential growth in the area of $ 60 towards the end of the year. WTI Forecast oil prices 2017 Basically, all…

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Currency pair USD CHF Franc the dollar continues to move in line with expectations and is currently testing the support area close to the 1.0120 level. Also, there is the potential for a rebound and the development of an upward movement within the mining bullish forex model 5-0 with a potential target of growth above the level of 1.02. USD CHF Forecast Swiss Franc on December 14, 2016 Cancellation option will quote the output of the rising channel’s lower border and fall to 1.0050, that will indicate the continued decline in the area below the level of 1.0020. Important news…

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Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues moving inside the descending pattern forex, 5-0. At the moment, there is the potential for a tight test 0.7240 area, where we can expect the fall in an attempt to start within the mining model with the potential to reduce the area below 0.6950. NZD USD Forecast December 14, 2016 In favor of the fall is the formation of the descending pattern and Wolfe waves for the purpose of falling below the 0.70 area. Cancellation option will be a strong pair of quotes growth FOMC…

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Quotes Gold XAU USD continues moving inside the descending channel and is currently trying to build on the level of resistance, indicating a continued decline in quotations and prices for gold in the area below the level of 1150. XAU USD price forecast for gold on December 14, 2016 Cancellation option will be a strong growth of quotations XAU USD above the level of 1170, which indicates the continuation of the rising correction to above the level of 1205. Acceleration of the fall should not expect a breakdown field of a local minimum. In favor of the fall is the…

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Quotes of the dollar yen currency pair USD JPY continues to move in the forex complete model bearish wave Wolfe. To do this, there is potential for growth in the area above the level of 116, where we should expect falling of pair of quotes in the area below the level of 112.50. USD JPY forecast dollar exchange rate on December 14, 2016 Cancellation option will continue to grow above the level of 117, which points to the breakdown of the resistance area and the pair continued growth of quotations. In favor of the fall since the current levels in…

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The currency pair Canadian dollar against the US dollar USD CAD continues to move in the bovine model shark preserved potential for a slight decline to below the level of 1.3090, where we can expect the beginning of the upward correction. In favor of the beginning of the growth model will perform sample Wedge on the indicator of relative strength. USD CAD Forecast Canadian Dollar on December 14, 2016 Potential purpose of the Canadian dollar growth of quotations in the framework of completion of work on Shark pattern is the area above the level of 1.33. Cancellation option will drop…

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