Currency pair EUR USD continues to move within the downtrend. At the moment, preserved potential for falling euro quotations against the dollar, as we see, the pair tested the lower boundary of the channel punched and pushed. This rebound signals in favor of a strong fall in the EUR USD quotes 1.0950 areas below the potential continuation of the fall. EUR USD Forecast Euro Dollar on October 17, 2016 Cancellation option will be the pair of reducing the strong growth and return inside the channel quotes that point to continued growth. An additional signal in favor of the fall is…
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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 is trading at the level of the local maximum and at the moment there is an area of the test and the risks of 0.9860 the pair continued growth of quotations in the rebound from the rising channel’s lower border. Cancellation option will be a breakdown of the art that will point to the continued decline in the region at a level below 0.9790, where the pair found support area again. USD CHF Dollar Frank forecast on October 14, 2016 The aim of growth of the pair usdchf is the area above the level of…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move within the downtrend. At the moment, the indicator of the relative strength continues to model the formation of head and shoulders for the continuation of the fall and breakdown support line is expected to accelerate the drop in prices pair NZD USD to below 0.70. Forecast Forex NZD USD on October 14, 2016 Cancellation option of falling New Zealand dollar quotations will be a strong growth of quotations of the pair above the level of 0.71, which provoke the development of upward correction…
Quotes Gold XAU USD continues to move in the area at the level of 1257. At the moment, there is a high potential for growth of quotations within the mining forex inverted head and shoulders pattern on the indicator of relative strength. The purpose of the growth can be a test of the upper boundary of the descending channel, where one can consider selling and expect falling prices for gold in the area below the level of 1220. XAU USD price forecast for Gold on October 14, 2016 Cancellation option can be a strong fall XAU USD quotations and sample…
Quotes of the dollar yen currency pair USD JPY failed to update the domain local maximum, but at the moment is preserved for potential fall within the beginning of the testing of forex model failure swing on the indicator of relative strength. USD JPY Forecast Yen Dollar on October 14, 2016 The purpose of the fall is the area below the level of 102.80. Cancellation option of falling quotations Dollar Yen higher than the 105 that will indicate an attempt to start moving upwards yen. USD JPY Forecast Yen Dollar on October 14, 2016 assumes growth to 104.20 as part…
The currency pair Canadian dollar against the US dollar USD CAD continues to trade under the growth, but at the moment there are downside risks due to the attempts of rising oil prices. Therefore, we should expect an attempt to reduce the Canadian dollar quotations in the area below the level of 1.3240, where one can try to buy again and expect the breakdown of the local maximum in the area. USD CAD Forecast Canadian Dollar on October 14, 2016 Cancellation option will drop in prices USD/CAD below the level of 1.32, which points to continued decline. USD CAD Forecast…
Quotes BRENT crude oil continues to trade in line with expectations and at the moment has the potential to continue fall within the beginning of the mining and reversal forex head and shoulders pattern. As you can see, in the case of growth of quotations of oil to 51.50 is expected to complete the formation of reversal pattern and start BRENT falling prices. The immediate goal of the fall is the area on the level below 48 dollars per barrel. Oil price forecast BRENT on October 14, 2016 Cancellation option will be a strong growth of quotations and sample the…
Quotes of WTI crude oil continues to trade in line with expectations and our forecast of oil prices. At the moment, preserved potential for a fall in quotations to below $ 50 a barrel due to the breakdown of the uptrend line an indicator of relative strength. WTI crude oil forecasts and analysis October 14, 2016 An additional signal in favor of the fall is the formation of topping models forex head and shoulders on the chart, it is important to complete the model, try to see the growth of WTI crude oil above the level of 52.70, where again…
Currency pair Australian dollar against the US dollar AUD USD continues to decline, and was able to push down the quality in the rebound from the downward trend line on the indicator of relative strength. Currently retained potential for further pair of quotes fall to below 0.7450 within the output value relative strength indicator outside the triangle pattern that can cause serious drop in prices AUD/USD. FOREX Forecast Australian Dollar on October 14, 2016 Cancellation option will be a strong increase in the Australian dollar quotes above level 0.7590, which will point to the continued growth of quotations. FOREX Forecast…
Currency pair pound dollar GBP USD is still trading within the descending channel and currently has the potential to test the upper boundary of the channel. We should expect the attempt to increase quotations pair GBP/USD in the area above the level of 1.2280, where again you can try to sell the pound against the US dollar with a close stop above the upper boundary of the model. GBP USD rate forecast British Pound on October 14, 2016 An additional signal in favor of the continuation of decrease will test the descending trend line on the indicator of relative strength,…