Quotes of the dollar yen currency pair USD JPY continues to move in the formation of the bull wave Wolfe with the upside above level 117. In favor of a bounce from current levels appears forming a reversal pattern Forex failure swing on the indicator of relative strength. Dollar Yen Forex Forecast USD JPY on February 7, 2017 Cancellation option price growth dollar yen pair will perform a local minimum breakdown field and drop a pair of quotes in the area below the level of 111.00. Important news from Japan, which can affect the course of the pair USD/JPY, are…
Author: forex24pro
Quotes Gold XAU USD continues to move in the formation of reversal pattern Forex double top, with current levels has the potential to rebound and start falling in the support area on the lower level field 1190. Cancellation option of reduction of quotations and the price of gold will be strong growth above the level of 1235 that point to the continued growth of quotations in the area above the level of 1250. XAU USD price forecast GOLD on February 7, 2017 In favor of a rebound XAU/USD quotes testing the descending resistance line on the indicator of relative strength.…
The currency pair Canadian dollar against the US dollar USD CAD continues to move in the forex bullish wave pattern Wolfe and is currently retained the capacity to rebound and start the growth of the pair to above the level of 1.35. Forecast Canadian Dollar (USD/CAD) on February 7, 2017 We try to buy the pair with the tight stop below the local minimum. In favor of the growth option will make the breakdown descending resistance line on the indicator of relative strength. As the growth we are ready to increase the volume of purchases. Expect faster growth is a…
Currency pair Australian dollar against the US dollar AUD USD continues to move in the upward correction, but currently on shorter periods of time reversal formed Double Top forex model and support the breakdown region is expected to continue falling quotations pair AUD/USD. Forex AUD USD Forecast on February 7, 2017 Is expected to accelerate the fall of quotations of Australian dollar is a breakdown of the uptrend line on the indicator of relative strength that will point to the continued decline in the area below the level of 0.7540. Cancellation option will be the fall of quotations breakdown area…
Quotes BRENT crude oil continues to move outside the triangle forex pattern. The breakdown of the upper limit of the model indicates an attempt to continue the growth in oil prices to a local maximum, but to continue to grow it is important to see a break through the resistance of the downlink on the indicator of relative strength. Forecast for oil prices (BRENT) on February 7, 2017 So far, this has not happened, there is a drop in oil prices and the return of the risks of quotations into forex triangle patterns. In this case, we can expect an…
Currency pair pound dollar GBP USD continues to move through the formation of reversal pattern Forex double top, and from the breakdown area is 1.24 attempted to expect continuation of falling to below the level of 1.22. An additional signal to perform sample falling rising trend line on the indicator of relative strength. GBP USD Forecast Pound to Dollar on February 7, 2017 However, if the pair will be able to show the development of the rising correction from current levels with the same, in this case, we can expect an attempt to continue growing in the area above the…
Currency pair EUR USD continues to move in the upward correction, but at the moment the pair is trying to leave again in a reversal of the movement. In favor of the fall is the breakdown and the rebound from the resistance line on the indicator of relative strength. EUR USD Forecast Euro Dollar on February 7, 2017 We try to increase the amount of aggressive selling on the euro dollar. Cancellation option of falling quotations EUR/USD will be strong growth and the breakdown of the area of a local maximum; it will point to continued growth in the region…
Quotes stock index DAX 30 is trading at 11656. Quotes were able to break through the upper boundary of the rising channel, but here also formed a reversal pattern Forex Head and shoulders, with the completion of the formation of the right shoulder is expected to drop an attempt to lower the level of 11400. Forecast DAX 30 on February 6, 2017 — February 10, 2017 Cancellation option will increase in the index of quotations DAX 30 higher than the local maximum, in this case, is expected to accelerate growth index in the area above the level of 11900. Among…
Quotes stock index S&P 500 traded at the level of 2294. Index Quotes may show a decline in the beginning of the trading week in the framework of working out a reversal forex model failure swing on the indicator of the relative force to drop below the level of 2300. Forecast S&P 500 on February 6, 2017 — February 10, 2017 However, if the value of the indicator will show growth above the level of 70, it is worth expected to accelerate the growth of S&P 500 stock index quotes in the area above the level of 2400. Forecast S&P…
Quotes stock index NIKKEI 225 traded at 18983. At the moment, the index is trading in an uptrend and has the potential for continued growth of quotations in the area above the 20,000 level, however, should not exclude the correction attempt to support area at 18600. Forecast NIKKEI 225 on February 6, 2017 — February 10, 2017 In favor of a rise in share price NIKKEI 225 of the push test the rising trend line on the indicator of relative strength. Cancellation option of continued growth of quotations index fall camp and the breakdown of the rising channel’s lower border,…