Quotes of the dollar yen currency pair USD JPY finished the trading week correction at 114.44. At the moment, saved the potential for rebound and continued growth of quotations to potential target at above 121.75 area. In favor of a rebound of quotations pair Dollar Yen appears tight test the support line on the indicator of relative strength. USD JPY Forecast Dollar Yen on January 16, 2017 — January 20, 2017 Cancellation option will be a breakdown of the rising channel’s lower border, which will point to the continued decline of quotations to USD JPY at 109.60. Among the important…
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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.
The currency pair Canadian dollar against the US dollar USD CAD completes the trading week down near the lower boundary of the rising channel near the support area. At the moment, it saved the potential for a rebound in the Canadian dollar quotations resistance area at 1.36. USD CAD forex forecast on January 16, 2017 — January 20, 2017 Cancellation option price growth USD CAD will perform the sample area of the lower boundary of the channel and the closing quotations of the pair below the 1.2960 level, which points to a continuation of the decline from the potential target…
Currency pair Australian dollar against the US dollar AUD USD ends the week higher trading near the resistance area at 0.75. At this moment we should expect a rebound attempt quotes the Australian dollar to below 0.73 level within the framework of the formation of an inverted forex head and shoulders pattern. Forex Forecast AUD USD on January 16, 2017 — January 20, 2017 Cancellation option can be a breakdown 0.7550 area, which points to the potential continuation of the growth of quotations USD AUD in the area above the level of 0.77. In favor of the Australian dollar drop…
Quotes BRENT crude oil finished the trading week in the framework at the level of 55.78 dollars per barrel correction. At the moment, preserved in an attempt to turn the potential of oil in the framework of start working out a reversal pattern Forex Head and Shoulders. Oil price forecast on January 16, 2017 — January 20, 2017 We should expect the test area of 56 dollars and start falling from the breakdown area of $ 53.80 a barrel. Expect acceleration should fall to close below the level of the neckline a reversal pattern, as well as the breakdown field…
Currency pair pound dollar GBP USD ends the week trading near the support area at 1.2190. At the moment, the pair continues moving inside the descending forex 1:1 model with the potential to reduce and working out at a local minimum. At the beginning of the new trading week, we should not exclude an attempt to slight correction to the upper boundary of the descending channel and continue falling on the field. GBP USD Forecast on January 16, 2017 — January 20, 2017 Cancellation option mill breakdown level 1.2550, which will point to the growth in the area of the…
Currency pair EUR USD ends the week trading near the upper limit of correction downward channel. At the moment, preserved potential to rebound and fall to a local minimum. In favor of the version of the fall of the euro dollar quotes appears tight test downward trend line on the indicator of relative strength. Is expected to accelerate the fall of the fall of quotations EUR USD is a breakdown of the uptrend line on the indicator of relative strength. EUR USD Forecast Euro Dollar on January 16, 2017 — January 20, 2017 Cancellation option will be the closing quotation…
Currency pair EUR USD continues to move in the development of ascending correction, but has not yet held a break of the upper boundary of the descending channel, which could indicate a potential change of the trend in favor of the growth of the resistance area at 1.0850. EUR USD Forecast Euro Dollar on January 16, 2017 Moreover formed forex Wedge pattern that indicates a probable drop since the current levels to the nearest support at 1.05. Cancellation option will be a strong growth of the euro and the dollar 1.0720 breakdown area that will point to a continuation of…
Currency pair pound dollar GBP USD continues to move within the framework of the descending pattern with the target of the fall 5-0 at a level below the area of 1.2080. Currently we hold a deal to sell the pound and are willing to try new positions at the time of the next test, the upper limit of the downward channel. GBP USD Forecast British Pound on January 16, 2017 Cancellation option of falling quotations pound dollar will sample the area 1.2330, which indicates the continuation of an upward correction. In favor of the fall is the rebound of the…
Quotes BRENT crude oil continues moving inside the descending channel, and is currently preserved potential to rebound from the upper boundary in order to reduce the area below 53 dollars per barrel. BRENT oil price forecast for January 16, 2017 In favor of such an option appears and rebound from the line of resistance values relative strength indicator. We try to sell oil with a close stop. Cancellation option will increase in quotes above the strong level of 57 dollars per barrel. BRENT oil price forecast for January 16, 2017 suggests an attempt to rebound from the border of the…
Currency pair Australian dollar against the US dollar AUD USD continued tight test resistance area. At the moment, preserved potential to rebound and start falling Australian dollar quotations in the area below the level of 0.73, which is expected to complete the formation of inverted head and shoulders pattern. FOREX Forecast Australian Dollar (AUD/USD) on January 16, 2017 We continue to keep selling AUD/USD with a close stop. Is expected to accelerate the fall is a breakdown of the rising channel’s lower border, an additional signal to perform sample falling trend line on the indicator of relative strength. Cancellation option…