Currency pair EUR USD continues to move in the fall by entering quotations beyond the lower boundary of the triangle model. At the moment, we continue to aggressively increase sales eurusd with the potential to reduce to below 1.0950 area. But do not forget that, as part of our euro forecast for the current week the dollar has the potential to see a test of the lower boundary of the lateral range at a level below 1.05 area. EUR USD Forecast Euro Dollar October 13, 2016 At the moment is to keep selling EUR USD and expect continuation of decrease.…
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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 in line with expectations and at the moment there is a potential for continued growth of quotations above the 0.9950s potential breakdown resistance region and the development of an upward movement for the pair. USD CHF Forecast Swiss Franc on October 12, 2016 Cancellation option will drop in prices below the level 0.9740, which will point to the continued decline in the area below the level of 0.9650. USD CHF Forecast Swiss Franc on October 12, 2016 suggests an attempt to continue its growth within the mining triangle forex pattern with a…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to trade in line with expectations, and currently reached the nearest target and support level. At the moment, preserved potential for continuation of falling of pair of quotes in the area below the 0.66 level within the framework of working out a bearish wave pattern Wolfe, but do not rule out attempts to develop upward correction for the pair. Analysis and Forecast FOREX NZD USD October 12, 2016 We continue to keep selling the pair, but do not try to build up new positions here.…
Quotes Gold XAU USD continues to trade within the descending channel, and is expected to continue falling to below the level of 1200 in the framework of the descending pattern of 1:1. Cancellation option can become a strong growth of quotations and sample the upper boundary of the channel, which points to continued growth in the region above the level of 1275. XAU USD Gold price forecast October 12, 2016 In case of breaking the upper limit should expect a potential attempt of upward movement in the area of local maxim. XAU USD Gold price forecast October 12, 2016 suggests…
Quotes of the dollar yen currency pair USD JPY continues to trade in a local maximum, and now retained the potential to fall within the beginning of working out a reversal pattern Forex Double Top, target of the fall of quotations of USD/JPY pair is the area on the level below 102. USD JPY Forecast Forex Dollar Yen on October 12, 2016 Cancellation option quotations fall the dollar yen pair will be strong growth and the breakdown of the area above the local maximum level of 104.20, which will point to a continuation of growth of pair of quotes in…
The currency pair Canadian dollar against the US dollar USD CAD is still trading within the bullish trend and is currently retained potential for growth in the area above the level of 1.33. An additional signal in favor of the growth is the test rising trendline on the Relative Strength Indicator. USD CAD Forecast FOREX market October 12, 2016 Cancellation option will drop below the level of the Canadian dollar 1.3150 quotes that point to continued decline in the area below the level of 1.3050. We try to buy the pair with the tight stop below 1.3150. USD CAD Forecast…
Quotes BRENT crude oil continue to test the area of a local maximum, but at the moment is stored potential to drop even though yesterday’s attempt to rising oil prices. In favor of the fall is the formation of the model failure swing in the relative strength indicator, which points to a drop in prices to below $ 52 a barrel, as well as test the upper limit of the bearish Wolfe wave model. Forecast BRENT oil prices October 12, 2016 Target of the Wolfe wave is the area below the level of 44 dollars per barrel. Cancellation option could…
Quotes of WTI oil were able to update the local maximum region, however, and there is potential for a fall in the beginning of the cancers of the descending pattern Wolfe waves order to develop such a model, the area below the level of $ 41 per barrel. Oil WTI Forecast on October 12, 2016 An additional signal in favor of the fall is the formation of reversal pattern failure swing an indicator of relative strength, the cancellation option will strong growth and the breakdown region 53 closing prices. Oil WTI Forecast on October 12, 2016 suggests an attempt to…
Currency pair Australian dollar against the US dollar AUD USD continues to move in the AUD USD forecast for tomorrow. At the moment, there is potential for a rebound to 0.7580 quotations within mining reversal forex head and shoulders pattern on the indicator of relative strength. AUD USD Forecast Australian Dollar on October 12, 2016 Cancellation option will be the continuation of the drop in prices pair update 0.7510 area, which point to the abolition of the model and the continued decline in the area below the level of 0.74. AUD USD Forecast Australian Dollar on October 12, 2016 suggests…
Currency pair pound dollar GBP USD continues to fall in line with expectations and our forecast GBP USD for every day. At the moment, there is potential for development of ascending correction within the inverted start mining the forex head and shoulders pattern on the indicator of relative strength. FOREX GBP USD Forecast October 12, 2016 Cancellation option will be the continuation of the decline and the breakdown of the area below the level of 1.2150, which indicates an area of continued falling below 1.18. FOREX GBP USD Forecast October 12, 2016 suggests an attempt of correction within the framework…