Author: 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 ended the trading week at the level of 1220. At the moment, formed a reversal pattern Forex failure swing in the relative strength indicator, which indicates an area of the sample in 1190 closing prices. XAU USD Gold price forecast on February 6, 2017 — February 10, 2017 Cancellation option will be a strong increase in the price of gold and the breakdown field of 70 indicator of relative strength, in such a case, the next upside target will perform resistance area near the level of 1250. XAU USD Gold price forecast on February 6, 2017…

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Quotes of the currency pair New Zealand dollar against the US dollar NZD USD finished the trading week at 0.7311. The pair was not able to develop a drop in the framework of start mining forex reversal patterns on the head and shoulders shorter periods of time. Technical analysis NZD USD on February 6, 2017 — February 10, 2017 At the moment, we should not exclude an attempt to continue the growth of dense test the upper boundary of the descending channel near the area of 0.7350, this field sample points to continued growth in the region of a local…

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Currency pair USD CHF Franc dollar closed the week at 0.9919. The pair continues to trade near the lows, but the potential for a rebound quotes usd chf pair on the next trading week is stored. In favor of the version of the growth is the tight test rising trendline on the Relative Strength Indicator. USD CHF Forecast on February 6, 2017 — February 10, 2017 The aim of the area can be a growth rate of above 1.01. Cancellation option will be a breakdown of 0.9850 area, which point to a continuation of falling of pair of quotes in…

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Currency pair USD CHF Franc Dollar continues moving inside the bullish Forex Wolfe Wave pattern with a potential target of growth and refinement at the level above 1.0050. We try aggressive buying the pair with the tight stop and are ready to increase the amount of long positions in the pair USD/CHF on the development of growth. USD CHF Forecast Dollar Frank on February 6, 2017 In favor of a continuation of growth of pair of quotations serves breakdown of the trend line on the indicator of relative strength. Cancellation option will drop the mining model and the breakdown of…

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Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in the formation of reversal pattern Forex Head and Shoulders, retained the potential to accelerate the drop in prices and decrease in pair with the breakdown of the neckline. NZD USD Forex New Zealand Dollar forecast on February 6, 2017 The purpose of the fall is the area of the pair quotes at 0.7060 below. Cancellation option will update the local maximum field that points to continued growth of quotations in the area above the level of 0.74. We try aggressive selling the…

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Quotes of the dollar yen currency pair USD JPY continues to move in the bullish wave pattern Wolfe. At the moment the pair is trying to make a start, but do not rule out an attempt to correct further down, and only then to continue the growth of quotations 114.60. USD JPY forecast dollar exchange rate on February 6, 2017 Cancellation option will drop the pair quotes in a region below the local minimum. Expect faster growth USD/JPY quote is a breakdown of the level of 144.00. We try aggressive buying a pair, and are ready to increase the volume…

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Quotes Gold XAU USD continues to move in the formation of reversal pattern Forex double top. At the moment, preserved potential for a fall in quotations and prices for Gold to the descending channel that will point to the continuation and reduction. In the fall of favor perform line break of the uptrend, as well as the breakdown of the area of support. XAU USD Forecast price GOLD on February 6, 2017 It is also an important signal for the continuation of falling prices for gold appears to rebound relative strength indicator values on a downward trend line. Cancellation option…

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The currency pair Canadian dollar against the US dollar USD CAD continues to move in the forex bullish wave pattern Wolfe quotes pair repelled by the lower boundary of the model, and has the potential to continue to grow with the breakdown of the resistance area and the development of an upward trend in the area above the level of 1.3360. USD CAD Forecast Canadian Dollar on February 6, 2017 In favor of a rebound appears breakdown resistance line on the indicator of relative strength, as well as the rebound from the support line. We try to buy the pair…

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Currency pair Australian dollar against the US dollar AUD USD continues to move in the upward movement, but for the moment remains the potential to reduce the pair quotes at 0.7545 area, where we can expect the beginning of formation of reversal pattern Forex Head and Shoulders. Forex AUD USD Forecast on February 6, 2017 Cancellation option of falling Australian dollar quotations will be a strong growth area of 0.77 and a break that will indicate a potential local maximum test area. Among the important news from Australia that can influence the course of AUD/USD is to provide, Retail Sales.…

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Quotes BRENT crude oil continues to move in the lateral movement and at the moment, oil prices are already testing the upper limit of the model triangle. We should expect a rebound attempt and the beginning of growth in the area of a local maximum. BRENT oil price forecast on February 6, 2017 In favor of a rise in share price BRENT acts breakdown of the trend line on the indicator of relative strength. Cancellation option will drop in oil futures below $ 56 per barrel, which again points to the quotes returned into the model triangle. Expect faster growth…

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