Author: forex24pro

Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD continues to move in the sideways correction, but now there are risks to see a tight test resistance area and began to fall below the level of 0.6850 in the framework of the continuation of mining the forex reversal patterns with the daily chart of the pair. NZD USD FOREX forecast on January 5, 2017 In favor of the version of the fall is the rebound relative strength indicator values from the trend line. Cancellation option will be a breakdown of 0.6970 area, which point to…

Currency pair USD CHF Franc Dollar continues moving inside the bullish trend. At the moment quotes are testing the lower boundary of the rising channel, and there is potential for growth in the beginning of the completion of the formation within the forex inverted head and shoulders pattern, which indicates the beginning of the growth already from current levels. USD CHF Forex Forecast on January 5, 2017 Cancellation option will drop the currency pair quotes Frank Dollar below 1.0150, it will point to the breakdown of the rising channel’s lower border, and the abolition of the model’s head and shoulders.…

Currency pair Australian Dollar US Dollar AUD USD continues to move in the development of ascending correction currently quotes pair reached resistance area, and has the potential to rebound and start reducing. AUD USD forex forecast on January 5, 2017 An additional signal favor of the Australian dollar quotations fall is the dense test downward trend line on the indicator of relative strength. Cancellation option drop in prices pair with the target to below 0.7150 area, will break through the resistance and rising above the level of 0.7305, which indicates continued growth of quotations en couple. Among the news from…

Quotes Dollar Yen currency pair USD JPY will continue to move in an uptrend and now the pair quotes are testing the lower boundary of the channel region, indicating that the attempt to rebound and continued growth in the region above the level of 118.50. USD JPY Forecast Dollar on January 5, 2017 Cancellation option of continued growth of quotations of dollar yen pair will be 115.50 breakdown field that indicate an continued decline in the area below the level of 112 is expected to accelerate the growth of the pair is a breakdown field of a local maximum. Among…

Quotes BRENT crude oil after a good test area showed a decrease in the local maximum. at the moment there is a potential for a tight test area 57 dollars per barrel and began to fall to the nearest support at the level of 53 dollars per barrel. BRENT forecast oil prices on January 5, 2017 In favor of a decline in oil prices will make the breakdown area of support on the indicator of relative strength. Cancellation option can become a strong growth of quotations of oil above the level of 59 dollars per barrel with closing prices above…

The currency pair Canadian dollar against the US dollar USD CAD continues to decline and has now returned to the downward channel, but this drop could be just part of the complete forex model inverted head and shoulders that will point to a rebound from the current levels and the beginning of growth of pair. USD CAD Forecast on January 5, 2017 The purpose of working out such a model can be a region above the level of 1.40, the cancellation option will drop below the level of 1.30, which indicates the abolition of forex model and the continued decline.…

Currency pair EUR USD continues to move in line with expectations and our forecast of the euro the dollar tomorrow. At the moment, the pair tested the resistance area, and here we can expect the completion of the right shoulder reversal pattern Forex Head and shoulders in order to develop at a level below 1.02 area. EUR USD Forecast Euro Dollar on January 5, 2017 Cancellation of euro quotations falling dollar version will sample area of 1.0550, which indicates an continued growth and development of the upward correction of the currency pair EUR USD. Expect accelerating drop in prices pair…

Currency pair pound dollar GBP USD continues to move in the descending channel and currently have the capacity to complete the formation of reversal pattern Forex Head and shoulders, indicating that the attempt to decrease already with the current levels. GBP USD forex forecast on January 5, 2017 Cancellation option will break-down area to the closure of a local maximum quotations pound dollar beyond the upper limit of the downward channel. Expect to hasten the downfall quotes couple standing with a breakdown of the neckline, and the target of the fall is the area of mining models to below 1.2080.…

Currency pair EUR GBP is trading within a bullish forex 1:1 model with a potential upside target above the level of 0.8670. at the moment we should expect an attempt to test the lower boundary of the model, which will complete the formation of an inverted forex head and shoulders pattern on the chart. EUR GBP forecast Euro Pound on January 5, 2017 Cancellation option to continue the growth of quotations pair will drop and the breakdown field of the rising channel’s lower border with the closing quotes Tolstoy below 0.84, that point to continued decline. An additional signal favor…

Euro Dollar Trade Signals EUR USD on January 5, 2017 Buying at the current price (1.0432), StopLoss place for 1.0385, 1.0650 growth target. Trading Signals British pound GBP USD on January 5, 2017 Buying at the current price (1.2282), StopLoss place of 1.2210, 1.2380 growth target. Trading Signals Japanese Yen USD JPY on January 5, 2017 For sale at the current price 117.54, StopLoss place for 118.70, 114.80 goal of reducing, risks in this position at the moment is very uncomfortable, it is advisable to wait until the price will grow up (if it happens) and a position higher, with…