Quotes of the dollar yen currency pair USD JPY continues to test the area of a local maximum. At the moment, there is seen a pair of correction in the region of the rising channel’s lower border, where once again we can expect growth to attempt higher level 116. USD JPY forecast dollar exchange rate on December 2, 2016 Cancellation option will drop in prices below the level of 112.40, which will point to a continuation of a downward correction. The signal for the development of a serious fall will sample 111.50 areas, in this case, we can expect the…
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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 of oil BRENT brand, showed a strong movement in the OPEC decision to cut oil production from January 2017 up to 32 million barrels a knock. At the moment, oil prices continue to closely test the upper limit of the bearish Wolfe wave model. The purpose of the fall is the area on the level below 46 dollars per barrel. Analysis and forecast of oil prices BRENT on December 2, 2016 In favor of the fall is the next test of the descending line of resistance on the relative strength indicator, which indicates an fall in the near future.…
The currency pair Canadian dollar against the US dollar USD CAD continues to test the support area tightly. At this moment we should expect a rebound of quotations within the Canadian start rising pattern of 1: 1 in order to rise above the level of 1.36 and a potential target of growth above the 1.38 area. In favor of a bounce speaks Dough rising trend line on the indicator of relative strength. Technical Analysis USD CAD and the forecast for December 2, 2016 Cancellation option will be a sharp drop in the area and sample 1.33, which points to a…
Currency pair Australian dollar against the US dollar AUD USD continues to move in line with expectations and at the moment there is a potential for further pair of quotes fall within the beginning of working out a reversal pattern Forex Head and Shoulders. Technical analysis and forex forecast AUD USD on December 2, 2016 To complete this model should wait growth in the Australian dollar quotations in the region at the level of 0.7420, where should try to sell the AUD USD with a close stop. Cancellation option will increase in quotes above the strong level of 0.75, which…
Currency pair pound dollar GBP USD showed serious growth contrary to expectations and is currently testing the area at the level of 1.2691. We should expect continued growth in the area of 1.2730, where the pair will complete the formation of the descending pattern Wolfe waves with a potential target of the fall to below 1.2260 areas. Analytics and GBP USD forex forecast on December 2, 2016 Cancellation option will be the fall of the strong growth and the breakdown field 1.28, which indicates a continuation of an upward correction for the pair. Among the important news that could impact…
Currency pair EUR USD continues to move in the lateral trend. At the moment, there is the potential for the pair to continue falling of quotations within the descending pattern head and shoulders with a view to fall below the level of 1.0550. Acceleration of the fall should not expect a breakdown level of the local minimum. EUR USD Euro Dollar Forecast on December 2, 2016 Cancellation option decline of the euro dollar quotations will be strong growth in EUR USD pair above the 1.0680 level, which points to the breakdown of the upper boundary of the descending channel, in…
Technical analysis and forecast AUD/CAD Forex on December 2, 2016 On the daily chart the pair AUD/CAD after the rapid fall, makes a correction in the form of an inverted flag. Testing of this figure is likely to start after the “collection stops.” The potential for the price fall is at the level of 0.9824 support, as part of our review of Forex Analytics on December 2, 2016. Forex Technical Analysis and Forecast EUR/NZD on December 2, 2016 The previous trading session, the pair EUR/NZD closed pinbarom formed from the support level. Testing of this pattern will be not so…
Trading Signals gold XAU/USD on December 2, 2016 Buying at the current price (1174.80), StopLoss place for 1160.00, 1230.00 growth target. Trading Signals Swiss franc USD/CHF on December 2, 2016 For sale at the current price (1.0140), StopLoss place for 1.0200, the drop target 1.0000. Trading Signals Japanese Yen USD/JPY on December 2, 2016 For sale at the current price (113.91), StopLoss place for 114.80, the goal of reduction of 11.50 Trading Signals New Zealand dollar NZD/USD on December 2, 2016 Buying at the current price (0.7100), StopLoss place of 0.7065, 0.7170 growth target.
Currency pair EUR USD continues to develop corrective movement in the framework of the formation of the descending pattern Wolfe waves. We should expect an attempt to test the area of 1.0715, where there will be a test model of the top wave borders Wolfe and begin reducing the euro, the dollar quotes. The purpose of the fall and testing of the model is the area on the level below the 1.0530 area. EUR USD Forex Forecast Euro Dollar on December 1, 2016 Cancellation option will be a strong growth of quotations EUR USD 1.0750 and a break area that…
Quotes of WTI oil have shown significant growth, at the moment there is a potential test area above the level of 50.50 dollars per barrel. Where should try to sell the brand of WTI crude oil, in favor of the fall is the resistance of the downlink test indicator of relative strength, as well as the completion of the formation of the descending pattern Wolfe waves with the aim of working out at a level below the area of $ 44 per barrel. WTI crude oil forecast and analyst on December 1, 2016 Cancellation option will be the fall of…