Currency pair EUR USD continues to trade outside of the downward channel, indicating the potential continuation of the fall to below 1.0950. Cancellation option can become a strong growth in the euro dollar above the level 1.1070, which will indicate the return of quotation EUR USD into the channel and attempt to continue its growth. EUR USD Euro Dollar Forecast on October 18, 2016 An additional signal in favor of the fall will test the breached border of the channel and test the descending trend line on the indicator of relative strength. EUR USD Euro Dollar Forecast on October 18,…
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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.
The currency pair USD CHF continues to trade within the upward channel and is currently retained potential for further growth of the pair of quotes in the area above the level of 0.9950. Cancellation option will drop in prices pair usdchf 0.9840 below the level that indicates a continuation of a downward correction to below 0.9750. USD CHF Forecast FOREX Dollar Frank on October 17, 2016 An additional signal in favor of the growth of USD/CHF testing the rising support line on the indicator of relative strength. USD CHF Forecast FOREX Dollar Frank on October 17, 2016 suggests an attempt…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in the downward trend, but at the moment there are risks to see test 0.7165 areas and only after that is the continuation of the fall. However, there is a test for trend downlink relative power indicator indicating the drop since the current levels. We continue to keep selling the pair with the tight stop. Forex NZD USD Forecast October 17, 2016 However, in the case of growth of the upper boundary of the channel we are ready to try new sales with…
Quotes Gold XAU USD continues to move in the development of the downward trend. Currently on Gold Forex formed a descending triangle pattern with a high probability of falling and break the lower boundary of the model and a reduction in the area below the level of 1220. XAU USD price forecast for Gold on October 17, 2016 Cancellation option will be a strong growth above the level of 1262, which will point to going beyond forex model up. XAU USD price forecast for Gold on October 17, 2016 suggests an attempt to continue the reduction in the framework of…
Quotes of the dollar yen currency pair USD JPY traded at 104.14, and at the moment there is a potential for falling of pair within quotation working out a reversal pattern Forex Head and shoulders in order to reduce the area below 102.50. Cancellation option will be the pair of strong growth and the breakdown of the area above the level of 104.60, which will point to a continuation of the upward movement. USD JPY Forecast Forex Dollar Yen on October 17, 2016 An additional signal in favor of the fall is the formation of topping model an indicator of…
The currency pair Canadian dollar against the US dollar USD CAD continues to trade within the forex Wedge pattern and at the moment there is a potential for a rebound from the lower limit and the beginning of growth of pair of quotes in the area above the level of 1.3270. USD CAD Forecast Canadian Dollar on October 17, 2016 Cancellation option rebound from the bottom of the model will fall and breakdown below the 1.2180 area, which indicates a continued reduction and refinement of forex Wedge pattern with a potential target below 1.2850. USD CAD Forecast Canadian Dollar on…
Quotes BRENT crude oil continue to move in line with expectations, and at the moment is formed by reversal pattern Forex Head and shoulders, indicating that after the fall of the test area 52 dollars per barrel. Cancellation option will be a strong increase in oil prices higher than $ 55, this option will show the continuation of growth in oil and BRENT cancellation descending pattern head and shoulders. Oil price forecast BRENT on October 17, 2016 Also, do not forget about the formation of a bearish wave Wolfe with a view to fall below the level of 44 dollars…
Quotes of WTI crude oil continues to trade within the framework of the formation of topping models forex head and shoulders, and at the moment has the potential to start the fall of quotations from the right shoulder-level model. An additional signal testing the breached trend line on the indicator of relative strength. The purpose of the fall and mining forex head and shoulders pattern on the chart is the area of crude oil below $ 46 a barrel. WTI crude oil forecasts and analysis on October 17, 2016 Cancellation option will be a strong increase in WTI quotations and…
Currency pair Australian dollar against the US dollar AUD USD has gone into the development of ascending correction and currently have the capacity to rebound from a pair of the upper limit of the downward channel. An additional signal will test the descending trend line on the indicator of relative strength, but this is important to see price growth above the level of 0.7630. FOREX Forecast Australian Dollar on October 17, 2016 Cancellation option will drop pairs of strong growth and the breakdown of the upper limit of the downward channel. Thus, the Australian Dollar Forecast FOREX on 17 October…
Currency pair pound dollar GBP USD continues moving inside the descending channel, but at the moment the quotes were not able to test the tight upper boundary of the channel. We should expect the attempt to increase GBP USD and the test area above the level of 1.2265, where one can try to re-sell. Cancellation option will be a strong growth of quotations of the pound against the dollar above the upper boundary of the channel, which indicates continued growth couple. GBP USD Forecast British Pound on October 17, 2016 An additional signal in favor of the fall will test…