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.

Currency pair Australian dollar against the US dollar AUD USD continues to move in the development of ascending correction, but already at the moment there is a potential for falling and mining forex reversal patterns failure swing on the indicator of relative strength. Forex Forecast AUD USD on January 11, 2017 In favor of a reduction of quotations of the Australian dollar will also make the breakdown of the trend line on the indicator that points to a potential support field test near the level of a local minimum. Expect acceleration reduction is a pair of quotations going beyond the…

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Quotes BRENT crude oil continues to move below the neckline, which indicates the potential continuation of the reduction in the area below the level of 53 dollars per barrel. Is expected to accelerate the fall of mining and reversal pattern is a breakdown of the trend line on the chart, but do not rule out an attempt tighter test the neckline is broken, and only then expect continuation of falling. BRENT Forecast oil prices on January 11, 2017 Cancellation option will increase in quotes and strong oil prices above the level of 58 dollars per barrel, which will point to…

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Currency pair pound dollar GBP USD continues to move in the downward trend and at the moment there is the potential for the breakdown of the support and continuation of decrease below 1.20. Cancellation option will attempt to output quotes Pound Dollar beyond the upper boundary of the descending channel that indicates the continuation of an upward correction. GBP USD Forex Forecast on January 11, 2017 In favor of the version of the fall continues to support the breakdown of the trend line on the indicator of relative strength. Among the important news from the UK, tomorrow 11 January 2017,…

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Currency pair EUR USD continues to move in the descending channel and currently is preserved for potential drop in prices to a local minimum at the level of 1.0350. Cancellation option will be a strong growth of quotations of the dollar the euro above the level of 1.07, and the closing beyond the upper limit of the downward channel. EUR USD Euro Dollar Forecast on January 11, 2017 In favor of the version of the fall is still in favor of formation of topping forex head and shoulders pattern on the indicator of relative strength. Tomorrow, the market is expected…

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Trading Signals British pound GBP/USD on January 11, 2017 Buying on the level of 1.2090, StopLoss place for 1.2060, 1.2230 growth target. Trading Signals Japanese Yen USD/JPY on January 11, 2017 Sales from the level of 116.20, StopLoss place for 116.55, the goal of reduction of 115.10. Trading Signals Canadian dollar USD/CAD on January 11, 2017 Buying at the current price (1.3222), StopLoss place of 1.31770, 1.3310 growth target.

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Currency pair USD CHF Franc the dollar continues to move in an uptrend. At the moment, there are risks to see a rebound from the resistance area is closer to the level of the ascending channel’s lower border. In favor of the continued growth of quotations of the pair will perform trend line break on the indicator of relative strength with the potential target area on the sample above the 1.03 resistance. USD CHF rate forecast Dollar Franc on January 10, 2017 Cancellation option of growth of quotations of the currency pair USD CHF will drop 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 downward trend. At the moment, there is potential for further fall of quotations to reduce to below 0.69 area under the mining forex bearish wave pattern Wolfe. NZD USD Forecast New Zealand Dollar on January 10, 2017 Cancellation option will be a breakdown of the mining model region 0.7075 closing prices that indicate the continuation of an upward correction for the pair. In favor of reducing the quotation NZD USD will perform sample support area on the indicator of relative strength.…

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Quotes of the dollar yen currency pair USD JPY continues to move in the upward trend. At the moment, there are risks to see correction attempt to below 116, where once again we can expect the growth of monetary sponge with a potential breakdown resistance region and continued growth in the region above the level of 119.50. USD JPY Forecast dollar yen on January 10, 2017 In favor of a lowering of quotations USD JPY acts as an early test of the descending resistance line on the indicator of relative strength. Cancellation option continuation of growth of pair of quotes…

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Quotes Gold XAU USD continues to move in the downward FX 1:1 model. At the moment, saved the potential for continued growth of quotations of gold in the area of the upper limit of the downward channel. However, in the event of breakdown of the uptrend line on the indicator of relative strength, we can expect the fall of quotations of gold without the upper limit of the test and the level of 1195. XAU USD Forex Forecast price gold on January 10, 2017 Expect the acceleration of falling prices for gold is as much a breakdown of the rising…

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The currency pair Canadian dollar against the US dollar USD CAD continues to turn again. At the moment, there is potential for release quotes the descending channel, with a potential upside target level above the 1.33 area. In favor of a growth in the Canadian dollar quotes appears breakdown of the descending trend line on the indicator of relative strength. USD CAD forex forecast on January 10, 2017 But do not rule out an attempt to reduce to below the level of 1.3230 in the framework of the completion of the formation of topping model Forex Head and Shoulders. Expect…

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