Currency pair EUR USD EUR USD at the current trading week, was able to show a correction in the area above the level of 1.08. At the moment, the pair completed a descending shaping forex model 1:1 with a view to working out and falling to below 1.0370 area. We should expect another attempt to correct and test 1.07 area under the formation of topping forex model and only after that to continue to drop below the level of 1.0370. EUR USD Forecast on December 12, 2016 — December 16, 2016 Cancellation option of a downward movement will be strong…
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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 Gold XAU USD continues moving inside the descending channel. At the moment, there is a potential for continued gold price decline in December 2016 in the area at a local minimum. XAU USD Gold prices forecast at December 2016 Cancellation option can become a strong growth and the breakdown of the upper limit of the downward channel. In favor of a continuation of falling of quotations serves XAU USD breakout of the trend line on the indicator of relative strength, indicating a breakdown of the area near the support level of 1050. But do not rule out an attempt…
Quotes of oil brand BRENT test area at 55 dollars per barrel resistance. At the moment, there is the potential to see an attempt to falling oil prices in December 2016, the region at below 42 dollars per barrel in the framework of the descending wave of Wolfe. Forecast BRENT oil prices at December 2016 Cancellation option will be a strong growth BRENT quotes above the level of 60 dollars per barrel, which will point to the continued growth potential and a test area of 65 dollars. Among the important events in December 2016, which may affect the BRENT oil…
The pair AUD USD AUD at the beginning of December 2016 firmly testing the upper limit downward FX 1:1 model, which involves an attempt to continue falling with the test area an below 0.68. In favor of a lowering of quotations USD AUD in December 2016 in favor of the neck line reversal breakout forex head and shoulders pattern on the indicator of relative strength. AUD USD Forecast Australian Dollar at December 2016 Cancellation option mining model can become a strong growth in the Australian dollar quotations and sample area 0.77 closing prices that will point to a continuation of…
Currency pair pound dollar GBP USD at the beginning of December 2016 is testing the resistance area close to the upper boundary of a descending channel. FOREX GBP USD Forecast at December 2016 We should expect a rebound attempt and the beginning of fall in the framework of the descending forex model 1:1 in order to fall below the level of 1.14. In favor of a continuation of falling of quotations pair pound dollar in December 2016 testing the trend line on the indicator of relative strength, as we see, the pound has already made a start on the line…
Currency pair EUR USD EUR USD at the beginning of December 2016 firmly testing the lower boundary of the area forex triangle patterns. At the moment, there is the potential for the formation of the descending pattern is 1:1 in order to fall below the level of 1.0370. To complete this model, it is important to see the test level of 1.0820, where one can consider selling the pair with the tight stop. EUR USD forecast Euro exchange rate at December 2016 Cancellation option drop and bearish forex mining model will be strong growth above the level of 1.10, in…
Currency pair EUR USD EUR USD continues to move in line with expectations and our forecast of the euro the dollar tomorrow. Currently tested quotes pair region of the upper boundary of the descending channel, which indicates the likely incidence of rebound and a potential target of the model FX 1:1 in the area below 1.0320. EUR USD Forecast Euro Dollar Forex December 9, 2016 Cancellation option will be the fall of the strong growth and the breakdown of 1.0860 areas, that will indicate the quotations leaves the channel, and continued growth in EUR USD. In favor of the continuation…
Quotes of the dollar yen currency pair USD JPY continued development of a downward correction in the framework of the beginning of the mining model, pivot forex head and shoulders to reduce to below 109.70 area. Cancellation option will be a strong growth of quotations of USD/JPY above the level of 114.50, which will point to a continuation of an upward trend with the upside above the 116.50 area. USD JPY FORECAST Dollar Yen on December 9, 2016 Currently quotes already broke through the line Neck reversal pattern that indicates the completion of the model continued decline. Among the data…
Quotes BRENT crude oil continues to move in the forex model Wolfe waves with the potential to reduce and working out at a level below the area of $ 46 per barrel. We continue to hold the sale BRENT crude oil with a close stop. Analysis and forecast of oil prices BRENT on December 9, 2016 Cancellation option will reduce the growth of quotations and strong oil prices above the local maximum level that indicates an continuation of growth. Is expected to accelerate the fall of the dollar is a breakdown of the level of 53 per barrel. Analysis and…
Currency pair Australian dollar against the US dollar USD AUD continued tight test the upper limit of the downward channel. In favor of the continuation of the fall of the Australian dollar quotations stands the test downward trend line on the indicator of relative strength. Technical analysis and forecast of AUD USD on December 9, 2016 The purpose of the fall is still the area at a level below 0.73. Cancellation option of falling quotations AUD USD above 0.7510 level, which will point to the abolition of bearish forex models 5-0 and continued development of growth. We continue to keep…