Currency pair EUR USD is trading within a downtrend. At the moment, there is the potential to see the growth of quotations in the area above the level of 1.0930, where the test the upper boundary of the descending channel will take that point to a continuation of the fall of the Euro against the US Dollar. EUR USD Forecast Euro Dollar Forex October 25, 2016 In favor of the fall also serves quick test of the descending trend line on the indicator of relative strength. We continue to hold the sale of EUR/USD quotes for the purpose of falling…
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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 of gold XAU USD tightly test area of the rising channel’s lower border. At the moment, there is the potential to bounce up in the area above the level of 1280 and only then start falling of quotations and prices of gold in the area below the level of 1160. The benefit of the price fall is the breakdown of the area of support on the indicator of relative strength, and do not wish to go into the price testing of bovine models 5-0, which indicates the fall in the area at the level of 88.6% Fibonacci. XAU USD…
The currency pair New Zealand Dollar US Dollar NZD USD continues to trade within a descending forex model 5-0 with a potential target of the fall below the level of 0.60. In favor of the continuation of falling of pair of quotes from current levels in favor completion of the formation of forex model failure swing on the indicator of relative strength. Forecast New Zealand Dollar exchange rate November 2016 Cancellation option falling NZD USD quotations in November 2016 will be a strong growth and the breakdown of the area above the level of 0.76, which indicates the continuation of…
Dollar Currency pair USD CHF Franc continues trading within the framework of the beginning of the mining triangle forex pattern with a potential target price growth of the pair above the level of 1.03. In favor of this option shall take the sample top model of the border, as well as the breakdown of the descending trend line on the indicator of relative strength, which indicates the resistance of the field test at a local maximum. USD CHF Forecast of the Swiss franc November 2016 Cancellation option of continued growth of quotations of the pair usdchf forex will be a…
Currency pair USD JPY Dollar Yen continues to try and turn at the moment there is a good chance to see the top of a pair of quotations growth in the area above the level of 110 with a potential test area 116 within the working off a broken trend line on the indicator of relative strength. Cancellation option price growth pair Dollar Yen in November 2016 the camp of the pair falling below the level of 100, which points to a continuation of the fall. USD JPY Forecast Japanese Yen November 2016 But do not rule out an attempt…
The currency pair Canadian dollar against the US dollar USD CAD continues to trade within the ascending channel, but at the moment there are risks to see the breakdown of the channel up, which will trigger the acceleration of the growth of quotations of the currency pair USD CAD. The target of the growth in this case is the area on a level above 1.39, from which can be expected at the beginning of a downward correction pair. USD CAD Canadian Dollar Forecast November 2016 Cancellation option of the Canadian dollar growth of quotations to a local maximum in November…
Quotes of WTI oil tight test area of a local maximum. To date, the weekly chart, the price of oil formed a descending pattern Wolfe waves order to fall below the level of 40 dollars per barrel. Cancellation option quotes and falling oil prices to below the level of 40 will be a strong increase in WTI quotes above the level of 54 dollars per barrel, which will point to the continued rise in oil prices in November 2016. WTI Forecast for oil prices November 2016 An additional signal favor of the implementation of trade ideas will sample the area…
Quotes BRENT crude oil traded at a local maximum. However, at this time the value of the relative strength indicator is testing the resistance line, indicating a potential rebound in November 2016, prices of oil, with the aim of falling below the level of 40 dollars per barrel. Cancellation option will drop the price of oil strong growth of quotations and sample region 54 dollars per barrel, which will point to a likely continuation of the upward trend in oil. Forecast prices BRENT oil November 2016 As you can see, the nearest support area testing the rising trend line on…
The pair AUD USD Australian Dollar continues to trade within a descending forex model 1:1 with a view to a potential fall in the pair of quotes below 0.65. Cancellation option working out such a model will be a strong growth of quotations pair AUD USD higher than 0.78, which points to the breakdown of the upper boundary of the channel and the continued growth of quotations of the Australian dollar against the US currency. The forecast of the Australian dollar in the November 2016 An additional signal in favor of the Aussie falling in November 2016 in favor of…
Currency pair pound dollar GBP USD continues to trade within a descending forex model 1:1 in order to fall below the level of 1.12. Currently, there are risks of continuing upward correction for the pair pound dollar remains high and the potential for reduction of quotations after the correction. GBP USD rate forecast for the British Pound on November 2016 Cancellation option pound depreciation against the American currency in November 2016 will be a strong growth of quotations pair GBP USD higher than 1.25, which indicates the continuation of an upward trend for the pair. However, any high-quality signal in…