Currency pair USD CHF Franc the dollar continues to move through the completion of a downward correction, quotations showed an increase and the breakdown of the upper boundary of the descending channel, as well as the breakdown of the resistance line on the indicator of relative strength. USD CHF Dollar Frank Forecast on February 8, 2017 We continue to keep buying a pair of usd chf, and are ready to increase the amount of long positions in the development of an upward movement. Also do not forget about the purpose of mining bullish wave pattern Wolfe at a level above…
Author: forex24pro
Currency pair Australian dollar against the US dollar AUD USD continues to move in the beginning of the mining triangle forex pattern. At the moment, the pair quotes struck the lower boundary of the model that will point to the continuation of the drop in prices to below the level of 0.7520. AUD/USD Forecast Australian dollar on February 8, 2017 For the benefit of falling of pair will perform a breakdown of the uptrend line on the indicator of relative strength that will indicate the completion of the upward correction on AUD/USD. We continue to hold to sell the pair…
The currency pair Canadian dollar against the US dollar USD CAD continues to move in the beginning of the mining model bullish forex Wolfe waves with a potential target of growth above the level of 1.35. However, at this time the value of the relative strength indicator test downward trend line, indicating that the correction attempt, and only after that we can expect continuation of growth of the Canadian dollar quotations. USD CAD Forecast Canadian Dollar on February 8, 2017 We continue to keep buying the pair and are ready to increase the amount of long positions on the development…
Quotes Gold XAU USD continues to move in the development of ascending correction. At the moment, the value of the relative strength indicator testing rising trend line, indicating that the attempt to rebound and continued growth in the region above the level of 1233. XAU USD Forecast gold on February 8, 2017 However, there is also formed a forex model Wedge, a breakdown of which is expected to continue falling of quotations and prices of gold in the area below 1220. Cancellation option will be a strong growth above the level of 1240, which points to the continued growth of…
Currency pair EUR USD continues to move through the turn, at the moment the pair left the rising channel and test the support area at 1.0650. With the current levels there are risks to see the formation of topping model, head and shoulders, for this pair may show growth in the area above the level of 1.0740 and from there again to show a drop to 1.0520 immediately. Forex EUR USD Forecast on February 8, 2017 But do not exclude the option of continuing the fall since the current levels in the next area of support near 1.0520. Cancellation option…
Currency pair pound dollar GBP USD continues to move in line with expectations and currently quotes were able to break through important support near the 1.24 area. We should expect the attempt punched level test and continuing drop in prices and the pound against the dollar in the framework of start mining forex reversal patterns with the double top potential target falls below the level of 1.2150. Forex GBP USD Forecast on February 8, 2017 In favor of a continuation of the fall is the breakdown of the uptrend line on the indicator of relative strength. Cancellation option can become…
Quotes of oil BRENT showed a fall and a reluctance to go into practicing forex triangle patterns. At the moment, we can expect an attempt to continue the fall of quotations of oil to the nearest support at 54 dollars per barrel. BRENT oil price Forecast on February 8, 2017 In favor of a continuation of falling prices of oil, it acts sample support line on the indicator of relative strength. From the breakdown level of 54, is expected to continue falling below the region 50. Cancellation option will increase in quotes above BRENT level of 57 dollars per barrel.…
Euro Dollar Trade Signals EUR/USD on February 7, 2017 Buying at the current price (1.0680), StopLoss set for 1.0650, 1.0760 growth target. Trading Signals New Zealand dollar NZD/USD on February 7, 2017 Sales from the level of 0.7340, StopLoss set over 0.7375, the goal of reducing 0.7240. Trading Signals British pound GBP/USD on February 7, 2017 Buying on the level of 1.2408, StopLoss set for 1.2380, 1.2600 growth target.
Currency pair USD CHF Franc the dollar continues to move in the beginning of the mining model, rising forex Wolfe waves with a potential target of growth above the level of 1.0050. In favor of a growth of quotations pair acts breakdown upper border triangle pattern on the indicator of relative strength. We try to buy the pair aggressive and increase the volume of purchases. Forex USD CHF Forecast Franc Dollar on February 7, 2017 Cancellation option will drop and the breakdown of 0.9850 area, which point to continued decline in the area below the level of 0.9750. With the…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in the upward correction, but at the moment there is still a potential for falling within the forex began mining model Triangle, with a breakdown of the model is expected to accelerate the downward fall to 0.72. NZD USD Forecast New Zealand Dollar on February 7, 2017 Cancellation option will be a strong growth of quotations NZD/USD above the local maximum level that points to continued growth. We try to sell the pair with the tight stop. In favor of the version of…