Currency pair EUR USD finished the trading week of the fall and breakdown of an important area of support below 1.0950. At the moment, preserved potential for continuation of falling of quotations of the dollar the euro to below 1.06 in the rebound relative strength indicator values from the broken trend line, we can see that the purpose of the fall is the similar line at the price chart. Euro Dollar Forecast on October 24, 2016 — October 28, 2016 Cancellation option can become a strong growth in the euro dollar forex trading next week above the level of 1.1050.…
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Currency pair USD CHF Franc dollar continues firmly to test resistance area and now there is the potential for the breakdown of the field and the beginning of growth of quotations of the pair usdchf above the level of 1.01. Cancellation option will drop in prices pair USD/CHF below 0.9870; it will point to a continuation of the fall. We continue to keep buying the pair with the tight stop. USD CHF Dollar Frank forecast on October 20, 2016 An additional signal in favor of the growth is the test rising trendline on the Relative Strength indicator, which also indicates…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to closely test the upper limit of the downward channel. Here, values of the relative strength indicator testing resistance area, which also indicates a potential drop NZD/USD quotes in the area below the level of 0.70. We continue to hold the sale and ready to try new deal with the development of the fall of quotations of the New Zealand Dollar. NZD USD Forecast New Zealand Dollar on October 20, 2016 Cancellation option will be a strong growth of quotations NZD USD above 0.7260 levels,…
Quotes Gold XAU USD continues to move in the downstream and at the moment there is a high potential to test the upper boundary of the channel and continue falling to below the level of 1220. XAU USD Forex Forecast Gold prices on October 20, 2016 Cancellation option will be a strong growth of quotations XAU/USD above the level of 1280, which indicates an increase in prices continued to Gold in the area above 1300 additional signal in favor of lower prices for gold will test the descending trend line on the indicator of relative strength. XAU USD Forex Forecast…
Quotes of the dollar yen currency pair USD JPY traded down, and at the moment already has broken through the support line of the display relative strength, which implies a continuation of falling and test 102.80 area closing prices. Cancellation option will be a strong growth of quotations of dollar yen higher than 104, which points to continued growth in higher than 105. USD JPY Forex forecast Dollar Yen on October 20, 2016 We continue to keep selling the pair with the tight stop, but not ready to increase the volume of sales. USD JPY Forex forecast Dollar Yen on…
The currency pair Canadian dollar against the US dollar USD CAD is still trading within the bullish wave pattern Wolfe for the purpose of quotation rises above level 1.3195. USD CAD Forecast Canadian Dollar on October 20, 2016 An additional signal in favor of the growth is the formation of inverted forex model head and shoulders, and is currently preserved growth potential from current levels, cancellation scenario will be a drop in prices below the level 1.3040, which will point to the abolition of the Wolfe wave model, and continued fall. USD CAD Forecast Canadian Dollar on October 20, 2016…
Quotes BRENT crude oil continues to trade within the descending pattern Wolfe waves in order to develop at his ilk field 44 dollars per barrel. Cancellation option will increase in quotes and strong oil prices above the level of 55 dollars per barrel, which will point to the continued growth of quotations in the area above the level of 60. Oil price forecast BRENT on October 20, 2016 We continue to hold BRENT tight stop sales, however, should not exclude another attempt to increase quotes 53 dollars per barrel, and only after that is expected to continue falling. Oil price…
Quotes of WTI crude oil continues to trade under the formation of models of Wolfe wave for the purpose of falling below the level of 42 dollars per barrel. We continue to hold the sale of petroleum of mark WTI with a close stop. Cancellation option will be a strong growth of quotations of oil above the level of 53 dollars per barrel, which will point to the continued growth of quotations and price of oil WTI. Oil WTI forecasts and analysis on 20 October 2016 An additional signal in favor of the fall is the test of the broken…
Currency pair Australian dollar against the US dollar USD AUD continues to trade within the forex bearish wave pattern Wolfe. The purpose of the fall and testing of such a model is the area on the level below 0.7570. Cancellation option will increase in quotes above the strong level of 0.77, which points to continued growth in the Australian dollar quotations in the area above the level of 0.78. AUD USD Forecast Australian Dollar on October 20, 2016 An additional signal in favor of the fall is the formation of topping models forex head and shoulders, which also indicates a…
Currency pair pound dollar GBP USD continues moving inside the descending channel, which indicates a continued decline. At the moment quotes are testing the upper limit of dense downward channel, and has a high probability of a drop in prices the pound against the dollar to below 1.18. Cancellation option will be a breakdown of the upper boundary of the channel, and the growth of quotations GBP/USD above the 1.2450 level. GBP USD Forecast pounds on 20 October 2016 An additional signal in favor of the fall is the test of the descending trend line on the indicator of relative…