Currency pair Australian dollar against the US dollar AUD USD continues to move in the downward trend, and at the moment there is a potential for the downlink test of the trend on the chart. The purpose of the fall is the closest region of support at 0.7150 below. AUD USD Forecast Australian Dollar exchange rate on 01.10.2017 In favor of a continuation of falling of quotations of Australian dollar appears rebound values relative strength of the resistance line of the indicator, and there are risks of formation of forex model failure swing. Is expected to accelerate the fall of…
Author: forex24pro
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 BRENT crude oil trying to get away in a U-turn under the completion of the formation of topping models forex head and shoulders, lifting mining model variants will be a strong increase in oil quotes above the level of 58 dollars per barrel, which indicates an area of the sample forming the right shoulder. BRENT oil price forecast on January 10, 2017 In favor of reducing the prices of oil also acts as a reversal pattern formation on the indicator of relative strength. Is expected to accelerate the fall of oil quotations is a breakdown of the level of…
Currency pair pound dollar GBP USD continues to move in line with expectations and at the moment there is the potential for the breakdown of 1.2080 area, which points to continuing decline in the area below the level of 1.19. GBP USD Forecast British Pound on January 10, 2017 In favor of a continuation of the fall, quotes pound against the US dollar in favor of the upward trend line break an indicator of relative strength. But do not rule out an attempt to test the resistance area, and only after that to continue fall. Cancellation option will be the…
Currency pair EUR USD Euro Dollar continues moving inside the descending channel, and at the moment there is a potential for correction to the upper boundary of the channel, which is expected to complete the forex head and shoulders pattern that indicates an continuation of the reduction in the area below the level of 1.0350. EUR USD Forecast Euro rate Forex January 10, 2017 Cancellation option euro quotations falling dollar will become stronger growth and the breakdown of 1.0650 area, that will indicate the quotations leaves the channel, as well as the abolition of the forex head and shoulders pattern.…
Euro Trading signals EUR USD on January 10, 2017 Sales from the level of 1.0575, StopLoss place of 1.0624, the goal of reducing 1.0480. Trading Signals Japanese Yen USD JPY on January 10, 2017 For sale at the current price (117.15), StopLoss place for 117.80, the goal of reduction of 115.00. Trading Signals Canadian dollar USD CAD on January 10, 2017 Buying at the current price (1.3232), StopLoss place of 1.3176, 1.3310 growth target.
Currency pair USD JPY Dollar Yen continues to move within the framework of a strong bullish trend. The immediate resistance area is the area of 121. Near this level we should expect and test the descending trend line on the indicator of relative strength that will indicate an attempt of a downward correction for the pair. USD JPY Forecast dollar on January 2017 Cancellation option quotations falling of pair USD JPY will sample the region 123 that points to continued growth and a local maximum test area. In the case of quotations fall below the level of 115, we can…
Quotes BRENT crude oil traded near the upper boundary of the rising channel, as well as near the top of the forex model Expanding formation, which involves an attempt to falling prices of oil in the area below the level of 44 dollars per barrel. Forecast BRENT oil prices on January 2017 In favor of a continuation of falling of quotations and prices of an oil in January 2017 and enters a tight test of the descending trend line on the indicator of relative strength. At smaller time intervals formed a large reversal pattern Forex Head and shoulders, which also…
Currency pair pound dollar GBP USD continues to move within the framework of the descending forex 1:1 model. The purpose of the fall is the area to speak here at the level of 1.15 – 1.10. Cancellation option of continuing falling of quotations pound against the dollar may be strong price growth GBP/USD above the 1.2950 level, which indicates the output pair of the upper border of the descending channel and the continued development of the upward correction for the pair to test 1.33 area. GBP USD Forecast British Pound on January 2017 In favor of the continuation of the…
Quotes of gold XAU USD continues to decline within the mining reversal pattern Forex Head and Shoulders. The purpose of working out such a model is the area at the level of 1065. Cancellation option will be a strong growth of quotations and prices for Gold with the breakdown field 1335, but this option we consider unlikely. At the same time we should not exclude attempt of upward correction to the upper boundary of a descending channel formation of the descending forex 1:1 model, which also indicate a continued decline. XAU USD forecast gold prices in January 2017 The completion…
Currency pair EUR USD left the forex triangle patterns, which suggests an attempt to continue the decline of the euro quotations from the first drop goal at the level of 1.02, the second to reduce the height of the model is to provide at the level of 0.92. EUR USD forecast Euro exchange rate on January 2017 Already near the lower boundary of the descending channel will be the potential for high-quality euro dollar rebound. In the case if the euro quotations will not be able to file a drop in January 2017, and will be able to gain a…