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.

The currency pair USD CHF is trading within the uptrend with a potential upside target above the level of 1.01. In favor of the continued growth of quotations couples Frank Dollar testing the rising trend line on the indicator of relative strength. USD CHF Forecast Swiss Franc on October 27, 2016 Cancellation option will drop in prices below the level of USD/CHF 0.9840, which will indicate the continued decline in the area below the level of 0.9750. USD CHF Forecast Swiss Franc on October 27, 2016 suggests an attempt to couple the growth of quotations in the rebound from the…

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Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to trade within the development and correction at the moment there is a potential for further reduction in the area below the level of 0.7050. We continue to hold short positions on the pair NZD/USD with a close stop. NZD USD Forecast New Zealand Dollar on October 27, 2016 Cancellation option will be a strong growth of quotations of the New Zealand dollar above the level of 0.7290. In favor of the reduction in favor of formation of topping models forex head and shoulders on…

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Quotes Gold XAU USD continues to trade at the level of 1275. To date, the potential is retained for the fall of quotations and prices for Gold to below the level of 1180. In the fall of quotations favor testing the descending trend line on the indicator of relative strength, which also indicates a decline from current levels. XAU USD Forex Forecast Gold prices on October 27, 2016 Cancellation option will be a strong growth of quotations XAU/USD above the level of 1285, which points to a continuation of upward correction. XAU USD Forex Forecast Gold prices on October 27,…

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Quotes of the dollar yen currency pair USD JPY continue to test resistance area at 104.50. Currently retained potential for further drop in prices pair Dollar Yen to below 101. USD JPY FOREX forecast dollar exchange rate on October 27, 2016 Cancellation option will be a strong growth of quotations of USD/JPY above the level of 105, which indicates continued growth and an acceleration of the upward trend due to the breakdown of the rising channel top. USD JPY FOREX forecast dollar exchange rate on October 27, 2016 suggests an attempt to fall in the rebound from the upper boundary…

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Quotes BRENT crude oil continues to trade in line with expectations. At the moment, oil prices broke through the lower boundary of the model triangle, which points to a continuation of the fall to below $ 49 per barrel. Cancellation option quotes and falling oil prices will be strong BRENT quotations growth higher than 54 dollars per barrel, which will indicate the likely continued growth. Analysis and forecast of oil prices BRENT on October 27, 2016 We continue to hold the sale of oil and are ready to increase the volume of sales to the extent of the fall, the…

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The currency pair Canadian dollar against the US dollar USD CAD continues to trade above the upper boundary of the rising channel, which indicates the continuation of USD/CAD quotes growth in the region at a level above 1.3450. Also continuing formation forex model Diamond, a breakdown of which, we should expect an attempt to continue the growth of the Canadian prices. USD CAD forex forecast for the Canadian Dollar on October 27, 2016 Cancellation option can be a drop in USD/CAD below the level 1.3290, which will point to a drop in prices to below the level of 1.3150. We…

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Quotes of WTI crude oil continues to trade within the mining model bearish Wolfe wave with the potential to reduce the level below the area of $ 41 per barrel. Cancellation option will increase in quotes above the strong level of 53 dollars per barrel, which will point to the potential continuation of the growth of WTI crude oil prices. Oil WTI and analyst forecasts on October 27, 2016 As you can see, the quotes have already broken through the support area, which also is in favor of continuing decline. Oil WTI and analyst forecasts on October 27, 2016 suggests…

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Currency pair Australian dollar against the US dollar AUD USD showed an increase and is currently trading at the resistance in the form of a downward trend line on the indicator of relative strength. We should expect a new attempt to fall in the rebound from the line for the purpose of falling below the level of 0.7590. AUD USD Forecast Australian Dollar on October 27, 2016 Cancellation option will be a strong increase in the Australian dollar quotations on October 27, 2016higher than 0.77, however, this growth will trigger the formation of the descending wave pattern Wolfe that will…

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Currency pair pound dollar GBP USD continues to trade in line with expectations and our forecast of Pound to Dollar. Quotes were able to break through the lower boundary of triangle forex pattern that points to the potential continuation of falling of quotations GBP/USD below 1.18. GBP USD Forex Forecast pounds on October 27, 2016 Cancellation option will be a strong growth of quotations of the pound above the level of 1.23, which indicates the continuation of upward correction. We hold short positions and are ready to increase the volume of sales decreasing. GBP USD Forex Forecast pounds on October…

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Currency pair EUR USD continues to trade within the downward trend with a potential target of the fall below 1.0650. At the moment, the pair quotes are trying to develop an upward correction. However, in the near future will be held again test the descending trend line on the indicator of relative strength that will point to a continuation of the fall. If the trend line is broken, we should expect continued growth in the region above the 1.10 level within the framework of the completion of upward correction for the pair. EUR USD Forecast Forex Euro Dollar on October…

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