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 EUR USD continues to trade within the downward trend and currently values the relative strength indicator again test the downward trend line, indicating a potential rebound and drop development. We continue to hold to sell the pair EUR USD with a close stop. Cancellation option will be a strong growth of the euro and the dollar breakout area above the local maximum level 1.1040, which will point to the potential development of the upward correction to 1.1125. EUR USD Forecast Euro Dollar on October 20, 2016 The purpose of the fall in this case, the area below the…

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The currency pair USD CHF continues to test resistance area and at the moment there is a high probability of breakdown of the top models of the border triangle and the continuing growth of quotations in the area above the level of 1.01. USD CHF Forex Dollar Frank forecast on October 19, 2016 Cancellation option price growth Dollar pair Frank tomorrow October 19, 2016 will fall below the level 0.9840, which will point to the continued decline in the area below the level of 0.9740. USD CHF Forex Dollar Frank forecast on October 19, 2016 suggests an attempt to continue…

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Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to develop upward correction, however, at this point reached the upper limit of the downward channel. We try to sell the pair with the tight stop. The purpose of the fall is the area on the level below 0.70 area. Cancellation option will be a strong growth and the breakdown of the upper boundary of the channel, which will point to the continued growth and refinement punched bandwidth. NZD USD Forecast New Zealand Dollar on October 19, 2016 An additional signal in favor of the…

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Quotes Gold XAU USD continues moving inside the descending channel, even though the sample model Triangle up, retained the capacity to fall in the rebound from the upper border of the channel. Cancellation option can become a strong growth of quotations and price of gold above the level of 1275, which point to continued growth. XAU USD Forex Forecast Gold prices on October 19, 2016 However, in this case in the very near future we will see a test of the descending resistance line on the indicator of relative strength. XAU USD Forex Forecast Gold prices on October 19, 2016…

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Quotes of the dollar yen currency pair USD JPY traded in a model failure swing, and is currently retained potential for a fall to below 102.80. Cancellation option will be a strong growth of quotations of dollar yen pair above the level of 104.20, which indicates an continued growth of quotations in the area above the level of 106. USD JPY Forecast Forex Dollar Yen on October 19, 2016 We continue to keep selling the pair with the tight stop. USD JPY Forecast Forex Dollar Yen on October 19, 2016 involves  attempts fall within the beginning of a reversal of…

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The currency pair Canadian dollar against the US dollar USD CAD continues to decline and at the moment there is a potential for a rebound in the framework of start mining bullish wave Wolfe with the upside above the level of 1.32. Cancellation option will be the continuation of the reduction in the area below the level 1.3020, which will point to continued decline. USD CAD Forecast Canadian Dollar on October 19, 2016 We try to buy the pair USD/CAD with a close stop. An additional signal in favor of the growth of the test area of the support acts…

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Quotes BRENT crude oil continues to trade outside the lower boundary of the rising channel, and retained the potential for development in the region fall below $ 50 per barrel. Cancellation option will increase in quotes and strong oil prices above the level of 54 dollars per barrel, which will point to the continued growth and development of the upward trend in oil. Forecast BRENT oil price on October 19, 2016 An additional signal in favor of the fall is the breakdown of the rising trend line on the indicator of relative strength, it also points to the drop since…

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Quotes of WTI crude oil continues to trade in the region of $ 51 per barrel, and at the moment is formed by the breakdown triangle forex pattern, which suggests continued downward decline for the purpose of the field falls below $ 47 per barrel. Cancellation option will increase in quotes and strong oil prices above USD 53 per barrel level. Also do not forget about the formation of the descending pattern forex bearish wave Wolfe with a view to the region falling below 42 dollars a barrel conductive. WTI crude oil forecasts and analysis on October 19, 2016 An…

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Currency pair Australian dollar against the US dollar AUD USD continues upward correction development and at the moment there is a potential for falling of pair of quotes in the rebound from the resistance line on the indicator of relative strength. An additional signal in favor of the fall is the formation of the descending pattern Wolfe waves for the purpose of falling below the level of 0.7580, this scenario will be the abolition of the strong growth of the Australian dollar above the level of 0.77, which points to continued growth and a local maximum test area. AUD USD…

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Currency pair pound dollar GBP USD continues to move in the development of ascending correction. At the moment, the pair quotes Pound Dollar broke through the upper boundary of the channel model, and Triangle, that may indicate a continuation of the growth of quotations in the area above the level of 1.23. However, there is a broader test of the descending channel, which may indicate a continuation of the decline. GBP USD Forex Forecast pounds on 19 October 2016 Therefore, at the moment conserved potential for a fall in the rebound from the upper border of the channel. Cancellation option…

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