Author: 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 continue to move within the downtrend channel. At the moment, there is potential for further reduction in the area below the level of 1125 in the framework of working out a bearish wave pattern Wolfe, cancellation scenario will be a strong growth area and the breakdown of 1165. XAU USD Forex Forecast price gold on January 3, 2017 Which points to continued growth of quotations pair to the upper boundary of the descending channel at the level of 1195. However, be ruled out an attempt to increase after working a bearish pattern. XAU USD Forex Forecast…

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Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD continue to move in line with expectations and our forecast for tomorrow NZD USD. At the moment, there is potential for further fall in the rebound from the resistance line on the indicator of relative strength. NZD USD Forex Forecast New Zealand Dollar on January 3, 2017 We continue to hold to sell the pair and are ready to increase the volume of short positions on decreasing development. The purpose of the fall of the New Zealand dollar quotes the area at a level below 0.68.…

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Currency pair USD CHF Franc dollar continues to support a dense field test, which indicates a potential rebound and began growing in the area above the level of 1.0350. In favor of a continuing rise in share price testing the support line of any indicator of relative strength. USD CHF Forecast Swiss Franc on January 3, 2017 Cancellation option price growth will be a pair of usd chf 1.0020 breakdown field that will indicate quotations going beyond the uplink and the continuation of a downward correction for the pair. Expect faster growth of quotations of the pair usd chf only…

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The currency pair Canadian dollar against the US dollar USD CAD continues to move in the development of bullish trend. At the moment, there is the potential to test the support and continued growth of quotations in the area above the level of 1.3550. Cancellation option will drop in the Canadian dollar quotations below the level of 1.33, which indicates a return channel inside quotations and trigger an attempt to continue the reduction. USD CAD Forecast Canadian dollar on December 26, 2016 In favor of a continuation of USD/CAD quotes growth is the formation of an inverted forex head and…

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Currency pair USD CHF Franc the dollar continues to move in the bullish trend with the upside above 1.0350 level. We try to buy the pair with the tight stop. In favor of the continued growth of quotations couples Frank Dollar dense stands the test rising trendline on the Relative Strength Indicator. USD CHF Forecast of the Swiss franc on December 26, 2016 Cancellation option will drop in prices and the breakdown of areas of support, which will point to a continuation of the correction to below 1.0040. Expect faster growth of quotations USD CHF only after the breakdown of…

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Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to decline within the mining punched bandwidth. At the moment, there is also formed a triangle pattern, the breakdown of which points to continued downward decline to below the level of 0.68. Cancellation option will be a strong growth of quotations of the New Zealand dollar above the level of 0.6950. NZD USD Forecast New Zealand Dollar on December 26, 2016 We continue to hold the sale NZD USD and try to build up an aggressive stance in favor of fall. NZD USD Forecast New…

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Quotes Gold XAU USD continues to decline within the descending channel. In favor of the continuation of falling of quotations of gold in favor tight test downward trend line on the indicator of relative strength. We continue to hold the sale of gold and try to build up new positions. Is expected to accelerate the fall only after the breakdown of the lower boundary of the triangle model. XAU USD price forecastgold on December 26, 2016 XAU USD Cancellation option will be the fall of quotations strong growth above the level of 1145, which indicates the potential for the development…

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Currency pair Australian dollar against the US dollar AUD USD continues to move in the development of the downward trend. At the moment, there is the potential for a tight test the breached border of the channel and continue falling. The purpose of the fall of the Australian dollar quotations of the area at a level below 0.71. AUD USD Forecast Australian Dollar on December 26, 2016 Cancellation option could be the breakdown of the channel, which will indicate the growth potential and test the boundaries of resistance, where again is expected to reduce. Important news on Monday, the pair…

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Quotes of the dollar yen currency pair USD JPY continues to move in the bullish trend. However, the values of the relative strength indicator has struck the uptrend line, indicating the potential development of a downward correction for the pair. However, consider selling only after the breakdown of the rising channel’s lower border, and the model triangle that points to the drop in prices. USD JPY Forecast dollar yen on December 26, 2016 As a basic version performs an attempt to rebound from the bottom of the channel and continue to grow with working models of forex Triangle and the…

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Quotes BRENT crude oil continues to move in the forex reversal patterns of Head and Shoulders. We continue to hold the sale of oil from a close stop above the right shoulder model. Is expected to accelerate only after the breakdown of the neckline, which will indicate the completion of an FX model and accelerate the fall.In favor of such an option in favor and a break of the trend line on the indicator of relative strength. BRENT oil price forecast on December 26, 2016 Cancellation option drop in prices of oil will be stronger growth and the breakdown field…

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