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.

Currency pair EUR USD continues to trade in a downtrend, and now the value of the relative strength indicator tight test the resistance line, indicating the potential drop since the current levels. We continue to hold the sale of a currency pair euro dollar in order to reduce the level of 1.0750. EUR USD Forecast Euro dollar exchange rate on October 26, 2016 Cancellation of the fall of quotations options EUR USD will be strong growth of the pair above the 1.0990 level, which points to a continuation of upward correction for the pair. EUR USD Forecast Euro dollar exchange…

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The currency pair USD CHF continues to trade within the upward movement. At the moment, the pair quotes are testing the uptrend line on the indicator of relative strength for the purpose of quotation rises above level 1.0140. USD CHF Dollar Frank Forecast on October 25, 2016 Cancellation option will drop in prices pair USD CHF below 0.9870 that the continuation of a downward correction. USD CHF Dollar Frank Forecast on October 25, 2016 suggests an attempt to continue its growth in the rebound from the uptrend line on the indicator of relative strength for the purpose of growth of…

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Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continued in the development of downward movement. At the moment, preserved potential for falling New Zealand dollar quotations in the area below the level of 0.7040. NZD USD Forecast New Zealand Dollar on October 25, 2016 Cancellation option will be a strong growth of quotations of the pair above the 0.7285 level. We continue to hold to sell the pair and are ready to increase the volume of sales to the extent of the fall. NZD USD Forecast New Zealand Dollar on October 25, 2016 suggests…

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Quotes Gold XAU USD continues to trade within the descending channel, currently retained potential for a fall of quotations of gold in the area below the level of 1180 in the framework of the descending forex 1: 1 model. Cancellation option quotations falling and the price of gold will be strong growth in 1285 above the level of quotations that will point to the continued growth of gold prices. XAU USD Forex Forecast Gold prices on October 25, 2016 In favor of the fall is the breakdown of the trend line on the indicator of relative strength. XAU USD Forex…

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Quotes of the dollar yen currency pair USD JPY continues to test the area of a local maximum. At the moment, there is the potential for the drop in prices to USD JPY below 102.40. Cancellation option will be a strong growth of quotations of dollar above the level of 104.70 yen, which will point to the abolition of the mining model, forex head and shoulders. USD JPY FOREX forecast Dollar Yen on October 25, 2016 In the case of growth of quotations beyond the upper boundary of the rising channel is expected to attempt to continue the development of…

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The currency pair Canadian dollar against the US dollar USD CAD continues to test the area of a local maximum and at the moment there are risks to see an attempt to couple the growth of quotations in the area above the level of 1.34. Cancellation option will drop in the Canadian dollar below the level 1.3220, which will point to the attempt of a downward correction. USD CAD Forecast Canadian Dollar on October 25, 2016 Now we can expect an attempt to test the support line on the price chart and the graph indicator of relative strength then is…

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Quotes BRENT crude oil continues to trade at the level of 52 dollars per barrel. At the moment, preserved potential for a fall of quotations and oil prices to below $ 48 per barrel in the framework of working out a reversal pattern Forex Head and Shoulders. To complete this model, it is important to see the dollar test area 53 a barrel, after which we can expect an attempt to fall. Oil price forecast BRENT on October 25, 2016 Cancellation option will increase in quotes and strong oil prices above the level of 54 dollars per barrel, which will…

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Quotes of WTI crude oil continues to trade on the local resistance level and at the moment there is a potential for the development of oil quotations drop to below $ 47 a barrel within the mining reversal pattern Forex Head and Shoulders. Also, do not forget the beginning of the descending pattern Wolfe waves for the purpose of falling below the level of 42 dollars per barrel. Oil WTI forecasts and analysis on October 25, 2016 Cancellation option will drop the strong growth of quotations and sample region 53 dollars per barrel, which will point to continued growth. In…

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Currency pair Australian dollar against the US dollar AUD USD continues to trade lower, but at this time there is an attempt of a minor correction for the pair. It is necessary to expect the beginning of USD AUD quotations fall within the beginning of working out a reversal forex head and shoulders pattern with a potential target of the fall below 0.7450. AUD USD Forecast Australian Dollar on October 25, 2016 Cancellation option of falling Australian dollar quotations will be a strong growth of the pair above the 0.7750 level. We continue to hold the sale and are ready…

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Currency pair pound dollar GBP USD is still trading within the descending channel and currently there are risks to see the continuation of falling pound against the dollar to below 1.18. GBP USD Forecast FOREX pounds on October 25, 2016 We try to sell the pair GBP/USD with a close stop. Cancellation option will be a strong growth of quotations of the pound against the dollar above the level of 1.24, which points to the breakdown of the upper boundary of the channel and the continued growth of quotations in the area above the level of 1.28. GBP USD Forecast…

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