Quotes Gold XAU USD continues to move in the development of ascending correction and currently quotes Gold struck the upper limit of the downward FX 1:1 model. This option involves an attempt to continue to grow after a minor test the breached channel. In favor of a reduction and channel line test sample perform forex triangle patterns on the indicator of relative strength. XAU USD forecast Gold price on January 13, 2017 Consider selling the gold is in the case of quotations return XAU USD inside the descending channel, and a drop in prices below the level of 1185. XAU…
Author: forex24pro
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 move in the upward correction and now is an attempt to break the upper boundary of the descending channel that points to continued growth in the area of resistance at 1.0850 and then we can expect the formation of signs of a reversal trend with a view above the level of 1.14. EUR USD Forecast Euro Dollar on January 13, 2017 However, so far there is no full penetration of the channel, too early to talk about the reversal of the current trend. The values of the relative strength indicator pushed from the lower…
Currency pair pound dollar GBP USD continues to move within the downtrend and is currently testing the upper limit of the downward channel FX models 5-0, which indicates a potential rebound and fall to a local minimum. We are trying to sell gbp usd with tight stop above 1.2330 level. Forex forecast GBP USD Pound Dollar on January 13, 2017 In favor of a continuation of the fall is the dense test downward trend line on the indicator of relative strength. The purpose of the fall is the area on the level below the 1.2080 area. Cancellation option of falling…
Quotes BRENT crude oil continues to move within the framework of working out in a reversal pattern Forex Head and shoulders, however, oil prices have gone into quite a serious correction. At the moment, there is potential for a rebound in the descending trend line test on the indicator of relative strength, in favor of a rebound dense stands the test the upper limit of the downward channel. BRENT oil price forecast on January 13, 2017 Cancellation option will be a breakdown of the level of formation of the right shoulder and closing quotes above the level of 58 dollars…
Trading Signals British pound GBP USD on January 13, 2017 Buying on the level of 1.2200, StopLoss place of 1.2160, 1.2430 growth target. Trading Signals Japanese Yen USD JPY on January 13, 2017 Sales from the level of 114.80, StopLoss place for 115.60, the goal of reduction of 113.30. Euro Trading Signals EUR USD on January 13, 2017 Buying on the level of 1.0600, StopLoss place of 1.0560, 1.0870 growth target.
Currency pair EUR USD continues to move in the descending channel and bearish forex model with a potential target of the fall in the parity level, but the performance of Donald Trump may slightly change the picture. EUR/USD Forecast Euro Dollar on January 12, 2017 In favor of continuing downward trend in the euro the dollar will perform sample local minimum area with the closing quotation below 1.03 areas, in case of breakdown of the descending channel’s upper boundary is expected to attempt a reversal of the trend in favor of long-term growth. We are trying to sell the euro…
Currency pair pound dollar GBP USD continues to move in the descending channel and currently has the potential to continue fall to the bottom border. However, it is important to continue the reduction of the area to see the breakdown of support at the level of 1.21, which would pave the way for the full development of the downward trend on the pound. GBP/USD Forecast Pound Dollar on January 12, 2017 Cancellation option will be a strong pair of quotes and sample area of 1.2550, which will point to a continuation of upward correction. In favor of a continuation of…
Quotes BRENT crude oil continues to move in the forex reversal mining model head and shoulders. At the moment the price is testing the area close the upper boundary of the descending pattern quick 1:1 with a view to a potential drop below the level of 52 dollars per barrel. Forecast oil prices (BRENT) on January 12, 2017 Cancellation option will be the breakdown of the channel, which points to continued growth BRENT quotations to the neckline, is broken. We try oil sales with the tight stop above the level of 55 dollars per barrel. Is expected to accelerate the…
Currency pair Australian dollar against the US dollar AUD USD continues to move in the development of ascending correction, but the pair came close to the upper boundary of a descending forex model 1:1, indicating that the fast rebound of the Australian dollar quotations in the region below the local minimum. AUD/USD Forecast Australian Dollar on January 12, 2017 In favor of option in favor formation of forex model failure swing. Cancellation option will be a strong growth of quotations AUD USD above the 0.7420 level, which points to a continuation of upward correction for the pair. With the breakdown…
The currency pair Canadian dollar against the US dollar USD CAD continues to move in the reversal attempt. In favor of the version of the beginning of growth of quotations serves breakdown of the trend line on the indicator of relative strength, as well as the Canadian yield quotations outside the upper limit of the downward channel. USD/CAD Canadian Dollar Forecast on January 12, 2017 Cancellation option will drop in prices below the level 1.3160, which will point to the continued decline in the area below the level of 1.3050. We try to buy the pair USD/CAD with a close…