The currency pair Canadian dollar against the US dollar USD CAD continues to move in the rebound from the support area. At the moment, there is the potential for the formation of reversal pattern Forex Head and Shoulders on the relative strength indicator and has a breakdown of the upper limit of the downward channel is expected to attempt to increase to above the level of 1.3250. USD CAD Forecast Canadian dollar on January 16, 2017 Cancellation option will drop in the Canadian dollar quotations below the level of 1.30, which indicates a potential implementation model Forex double top. 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.
Quotes Gold XAU USD continues to move in the development of ascending correction, but the potential for return into a downward FX 1:1 model is saved, that will point to the continuation of decline in gold prices. In favor of the version of the fall of the lower boundary of the sample perform forex triangle patterns on the relative strength indicator that indicates the acceleration XAU/USD decline. XAU USD Forecast price GOLD on January 16, 2017 Cancellation option will be a breakdown of the area in 1210, which points to the potential increase in the resistance area at 1250. Consider…
Quotes of the dollar yen currency pair USD JPY continues within the bullish forex Wolfe wave model with the aim of improving the potential and growth above the level of 118.50. We keep buying the pair and try to increase the volume of purchases by the development of an upward movement. USD JPY Forex Forecast Dollar Yen on January 16, 2017 In favor of the growth option performs the rebound from the support line on the indicator of relative strength. Cancellation option will break-down area 113.60 closing prices that will point to the abolition of the model and the continued…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues moving inside the descending pattern forex 1:1 and is currently testing the tight upper boundary of the channel. We continue to keep selling the pair with the tight stop and are ready to increase the volume of sales with a decrease in development. Technical Analysis and Forecast NZD/USD on January 16, 2017 Cancellation option will be a breakdown of 0.7150 area, which point to continued growth in NZD/USD quotes. Target of the pattern is the area on the level below 0.69. Important news from New…
Currency pair USD CHF Franc the dollar continues to move in the form of forex model Triangle and at the moment the pair is testing the area close lower model boundaries. We should expect a rebound attempt and the beginning of growth in the area above the level of 1.0220. USD CHF Forecast and Forex analyst on January 16, 2017 In favor of the growth of quotations of dollar pairs Frank dense stands the test support line on the indicator of relative strength. Cancellation option will drop and the breakdown of the lower boundary of the model that will point…
Quotes of the dollar yen currency pair USD JPY continue within the framework of development in the correction, and now completed the formation of a bullish wave pattern Wolfe with the upside above the level of 118.70. Cancellation option will drop and the breakdown field 113.50. USD JPY Forecast Dollar Yen on January 13, 2017 In favor of a continued growth of quotations serves hearty test the support line on the indicator of relative strength. We try to buy the pair Dollar Yen with tight stop. Important news from Japan is expected tomorrow, so the pair will continue to move…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in the upward correction and at the moment quotes are testing the upper limit of the downward forex model 1:1, which points to the continued decline in the area of a local minimum. Once again, we are trying to sell the New Zealand dollar with a close stop. NZD USD Forecast New Zealand Dollar on January 13, 2017 Cancellation option rebound and the fall of quotations NZD/USD will break-down area of 0.7150, which points to continued growth above the level of 0.7230. Is…
Currency pair USD CHF Franc the dollar continues to move in the triangle model and currently quotes a pair of tight test area of the lower boundary of the model, which indicates that an attempt to rebound and growth of quotations in the area above the level of 1.02. USD CHF Forecast Swiss Franc Forex on January 13, 2017 In favor of a pair of dollar growth of quotations Frank dense stands the test the support line on the indicator of relative strength. Cancellation option will be a breakdown of the lower limit of forex triangle patterns that point to…
Currency pair Australian dollar against the US dollar AUD USD continues moving upwards and currently quotes tested the resistance area at 0.75. With the current levels should not expect a rebound attempt and fall within the beginning forex forming inverted head and shoulders pattern in order to reduce the level below 0.73 area. AUD USD Forecast Australian Dollar on January 13, 2017 Cancellation option will drop the sample area 0.7540 that cancels the formation of reversal pattern. Once again, we are trying to sell the Aussie with a close stop. Is expected to accelerate the fall is a breakdown of…
The currency pair Canadian dollar against the US dollar USD CAD continues to decline and is now able to test the area of a local minimum. At the moment, there is potential for a rebound in the area above the level of 1.3140. In favor of a bounce speaks tight test support area on the indicator of relative strength. USD CAD Forecast Canadian Dollar on January 13, 2017 Cancellation option can be a continuation of the fall and breakdown of 1.3020 area, which point to a continuation of the fall to below 1.2950. Important news from Canada tomorrow is not…