Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continued development of correction. At the moment, the pair quotes tight test resistance area at 0.7090. We should expect a rebound attempt and continued falling. NZD USD Forecast New Zealand Dollar on November 29, 2016 Also do not forget about the formation of reversal pattern head and shoulders on the daily chart of the pair, which indicates a continuation of the fall to below 0.66. We continue to hold to sell the pair and are ready to increase the volume with the development of a fall.…
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 Gold XAU USD continues to fall within the framework of the development of the rebound from the resistance area at 1205. An additional signal in favor of the fall is the test of the descending trend line on the indicator of relative strength. We continue to hold the sales in order to fall below the level of 1150. XAU USD Forex Forecast Gold price on November 29, 2016 Cancellation option of continuing the development of the downward trend will be strong growth XAU USD above the level of 1240, in this case, we can expect an attempt to continue…
Quotes of the dollar yen currency pair USD JPY continued development of correction, but currently quotes a pair of tightly tested the support area at 111.60, from which we can expect an attempt to continue the development of the uptrend with the upside above level 115. An additional test signal rising support line is in favor of growth the indicator of relative strength. Forex USD JPY Forecast Dollar Yen on November 29, 2016 Cancellation option pairs USD JPY quotes growth will fall below the level of 111, which indicates the continuation of a downward correction to below 108. We have…
Quotes BRENT crude oil continue to move in line with expectations and our oil price forecast for tomorrow. At this point in the downward wave pattern Wolfe with a potential to reduce the field at a level below 46 dollars per barrel. Analysis and forecast of oil prices BRENT on November 29, 2016 Cancellation option will be a strong growth of quotations of oil above the level of 52 dollars per barrel, in this case, we can expect an attempt to continue the development of ascending correction. But do not rule out the possibility of forming a reversal pattern Forex…
The currency pair Canadian dollar against the US dollar USD CAD continues to move in the bullish forex 1: 1 model in order to develop and grow a pair at the level of 1.38. Currently pair USD CAD quotes dense support region tested as uplink lower limit, indicating an attempt to start growth and rebound. An additional signal acts forming forex inverted head and shoulders pattern with a neckline breakdown is expected to accelerate the development of upward movement for the pair. Technical Analysis USD CAD and FOREX forecast on November 29, 2016 Cancellation option will drop in the Canadian…
Quotes of WTI crude oil continues to move in the mining bearish Wolfe wave model in order to reduce the area below 44 dollars per barrel. WTI crude oil forecast and analyst on November 29, 2016 At the moment, there is potential for a rebound in the framework of the formation of the model’s head and shoulders, and after the completion of the right shoulder is expected to continue decline. Cancellation option will be a strong increase in oil quotations of WTI above the level of 50 dollars per barrel, which will point to a continuation of upward correction. WTI…
Currency pair Australian dollar against the US dollar AUD USD continues upward correction development, currently retained potential for the formation of the descending pattern forex 5-0 for the purpose of working out at a level below the area of 0.7150. Cancellation option will be a strong growth of quotations and the breakdown of 0.7580 areas, which point to a continuation of upward correction. AUD USD Forecast Australian Dollar Forex on November 29, 2016 An additional signal in favor of fall and the beginning of the descending pattern 5-0 in favor tight test of resistance on the downlink indicator of relative…
Currency pair pound dollar GBP USD continues to fall within the framework of the descending pattern Wolfe wave to decrease to below 1.22 areas. We try to sell the pair and increase the amount of products with the development of a fall. GBP USD Forecast Pound Sterling Forex November 29, 2016 Cancellation option of reduction of quotations pair pound dollar tomorrow, November 29, 2016 will be a strong growth area and the breakdown of 1.2520 closing prices that can cancel model and provoke a continuation of upward correction. Also, do not attempt to exclude the growth of quotations GBP USD…
Currency pair EUR USD continues to develop correction, but currently quotes a pair of re-testing resistance area, which implies an attempt to rebound and fall of the dollar to the euro below 1.0550. Cancellation option will reduce the strong price growth above the level of 1.07, which indicates the continuation EUR USD quotations growth in the area of resistance at 1.0850. EUR USD Forex Euro Dollar Forecast on November 29, 2016 With the breakdown of the area of a local minimum we can expect acceleration of the downward trend. But do not try to exclude the growth of quotations in…
Trading Signals Swiss franc USD CHF on November 28, 2016 Buying at the current price (1.0096), with a short StopLoss level of 1.0080, 1.0150 growth target. Euro Trading signals EUR USD on November 28, 2016 For sale at the current price (1.0654) is likely to return prices back to sideways and fall to the bottom border of the level of 1.0580, StopLoss can be placed over 1.0690. Trading Signals British pound GBP USD on November 28, 2016 Buying at the current price (1.2504), StopLoss place of 1.2412, 1.2670 growth target.