Currency pair pound dollar GBP USD continues to move through the formation of reversal pattern double top, and do not forget about working out a bearish Forex Wolfe Wave patterns with a view to a potential fall in the level below 1.22 areas. GBP USD Forecast Pound to Dollar on February 6, 2017 Is expected to accelerate the fall of the pound against the dollar quotation is from the area of the breakdown of support near the level of 1.22. Cancellation option will drop sponge quotations strong growth and the breakdown of 1.2750 areas, which point to the continued growth…
Author: forex24pro
Currency pair EUR USD continues to move in an uptrend, currently retained potential for completion of the current correction and the beginning of the fall due to the formation of reversal pattern double top for the purpose of falling below 1.06. EUR USD Forecast Euro Dollar on February 6, 2017 We try to sell the pair aggressive and ready to build short positions as far as reducing the development. In favor of a drop in prices pair EUR/USD stands to rebound from the resistance line on the indicator of relative strength. Cancellation option will drop the pair quotation strong price…
Currency pair EUR USD continues to move in the upward correction. At the moment, the pair quotes have almost reached the upper border of resistance at 1.0850, from where we can expect an attempt to drop and the development of the downward trend. In favor of the euro quotations falling dollar will make a tight test of resistance on the downlink indicator of relative strength. EUR USD Forecast on February 3, 2017 Cancellation option will be a strong growth of quotations EUR/USD pair above the level of 1.09, which points to continued growth in the region of 1.14 in the…
Currency pair pound dollar GBP USD continues to move in the downward trend. Quotes pound pushed from the upper boundary of the descending channel and try to fall within the beginning of working out a reversal pattern Forex Double Top. GBP USD Forecast FOREX on February 3, 2017 In favor of the version of the fall is the rebound relative strength indicator value from the resistance line, which also indicates a continued decline. Expect accelerating drop in prices pair Pound Dollar and complete the formation of reversal pattern Forex is a breakdown of the area of support at 1.24. Among…
Quotes BRENT crude oil continues to move in the lateral movement, at the moment, oil prices broke through the upper limit of the model triangle. We should expect an attempt to test the breached border model and the continued growth of quotations to local maximum. Oil price forecast on February 3, 2017 In favor of a continuation of the growth is the breakdown of the trend line on the indicator of relative strength, it also points to a potential breakdown of the field 59 dollars per barrel. Cancellation option BRENT continued growth of quotations will fall and returned inside quotations…
Currency pair Australian dollar against the US dollar AUD USD continues to move through the development of a strong upward correction. At the moment, there is the potential for a tight test resistance area at 0.77 above the area where we can expect a rebound attempt and completion of an upward trend for the pair. Forex AUD USD Forecast on February 3, 2017 Cancellation option can be a strong growth area and the breakdown of local maximum. Among the important news from Australia that can influence the course of AUD/USD is to provide, activity index in the services sector by…
The currency pair Canadian dollar against the US dollar USD CAD continues to move in the forex bullish wave pattern Wolfe with a potential target of growth and refinement at the level of the area above 1.35. In favor of a test of growth comes a rising support line on the indicator of relative strength. Forecast Canadian Dollar (USD/CAD) on February 3, 2017 Cancellation option quotes growth of the Canadian dollar will fall and breakdown of 1.2950 areas, which point to a continuation of the fall to below 1.2880. Expect faster growth of quotations pair USD/CAD is a breakdown of…
Quotes Gold XAU USD continues to move in the upward trend and currently quotes able to penetrate the area of resistance, but do not expect the quotes to continue rising due to the dense test downward trend line on the indicator of relative strength. Technical analysis and forecast GOLD on February 3, 2017 We should expect the attempt to fall and return of quotations Gold below 1208. Cancellation option will be a breakdown of the field resistance to the relative strength indicator that indicates continued growth in an area above the level of 1250. Technical analysis and forecast GOLD on…
Quotes of the dollar yen currency pair USD JPY continues to move in the formation of bullish forex Wolfe wave model. At the moment, there is the potential to continue fall and dense dough bottom border model, where we can expect a rebound and the beginning of growth in the area above the level of 113.50. USD JPY FOREX Forecast Dollar Yen on February 3, 2017 In favor of a growth of quotations of dollar yen pair testing the rising trend line on the indicator of relative strength. Cancellation option will drop and closing quotes below 111.00 that will point…
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. We should expect the attempt to drop a pair of quotes in the area below the level of 0.72, where the pair will meet support in the form of the upper limit of the downward channel. NZD USD Forecast New Zealand Dollar on February 3, 2017 In favor of the version of the fall of the New Zealand dollar quotations perform the test of resistance on the downlink indicator of relative strength. Cancellation…