Currency pair pound dollar GBP USD continues to move in the development of the downward trend, the immediate goal of the fall is the area of support at the level of 1.21 with a breakdown of which is expected to continue trying to reduce to below the level of 1.18. Cancellation option will be a strong growth of quotations GBP / USD above the 1.2340 level, which indicates a return quotes inside the rising channel. GBP USD Forecast dollar pound on December 26, 2016 We continue to keep selling the dollar and the pound are ready to increase the volume…
Author: forex24pro
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.
Currency pair EUR USD continues to move in the downward trend. Quotes tightly couples could test resistance area at 1.0510, but the penetration of the field did not happen, so expect continuation of falling of euro dollar quotations in the rebound from this area with the potential to reduce to below 1.0250. Once again, we are trying to sell the Euro Dollar pair with the tight stop, the last position on the pair were closed with good gains. In favor of a continuation of decrease in quotations EUR USD stands and fast test of the descending trend line on the…
The currency pair Canadian dollar against the US dollar USD CAD continues to develop growth within the breakdown of the upper limit of the downward channel. The purpose of growth is the area at a level above 1.3550 area. In favor of a continued growth of quotations of the Canadian dollar appears rebound indicator of relative strength from the support line. USD CAD forex forecast on December 23, 2016 Cancellation option will drop the pair quotes in the area below the 1.33 level. Among the important news from Canada that may have an impact on the quotes of the pair…
Currency pair USD CHF Franc the dollar continues to move in the rebound from the support area. At the moment the pair is clamped within the forex triangle patterns. It is necessary to expect continuation of growth of pair of quotes in case of breakdown of the top models of the border. The purpose of growth is the area at the level of the area above 10,350. In the case of the breakdown region 1.02, is expected to drop in prices pair USD CHF within the mining model Triangle down. USD CHF Forecast Swiss Franc Forex on December 23, 2016…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in the downward trend. At the moment, the pair quotes are traded within the triangle model, with which a breakdown is expected to accelerate the fall to below 0.68. Cancellation option of falling New Zealand dollar quotations will be strong growth and the breakdown of 0.6940 area, which indicates an continued growth of quotations and the potential development of a strong bullish correction the pair. NZD USD Forecast New Zealand Dollar on December 23, 2016 We continue to hold a pair of aggressive…
Quotes Gold XAU USD continues moving inside the descending channel. At the moment, the Gold Triangle formation model, which indicates a potential drop in prices to below the level of 1105. Cancellation option will be a strong growth XAU USD quotes above the level of 1145. We continue to hold gold sales and are ready to increase the volume of sales to the breakdown of the model triangle down. XAU USD Forex Forecast Gold prices on December 23, 2016 In the case of growth of quotations above the level of 1145, we should expect a full correction for gold in…
Currency pair Australian dollar against the US dollar AUD USD continues to move in the downward trend. At the moment, preserved potential to continue falling Australian dollar prices. Cancellation option of falling of pair of quotes can be a strong growth of quotations to the upper limit of the rapid breakdown of the descending channel that points to continued growth in the resistance area at 0.73. AUD USD Forecast Australian Dollar on December 23, 2016 Is expected to accelerate the fall of quotes USD AUD is a breakdown of the channel’s lower border. Important news from Australia tomorrow is not…
Quotes of the dollar yen currency pair USD JPY continues to move in the bullish trend. At the moment, there is the potential for the pair to continue the growth of quotations in the area above the level of 119 within the mining triangle forex pattern. Cancellation option will drop in prices below the level of USD / JPY 116.40 area, which point to a drop to below 115. USD JPY forecast dollar exchange rate on December 23, 2016 Expect faster growth of quotations of dollar yen pair is expected to breakdown the upper boundary of the triangle model. Important…
Quotes BRENT crude oil continues to move in the completion of the formation of topping models forex head and shoulders with the potential to decrease below the level of 50 dollars per barrel. Cancellation option will be a strong increase in oil quotations above the local maximum level that will point to the abolition of the forex model. Is expected to accelerate the fall is a breakdown of the neck line. BRENT oil price forecast on December 23, 2016 We continue to hold the oil and building up short positions on decreasing. BRENT oil price forecast on December 23, 2016…
Currency pair pound dollar GBP USD continues to move in within expectations. Currently quotes pound dollar are outside the lower boundary of the rising channel, but could not break the support area. In general, we should expect the quotes to continue an attempt to fall to GBP USD below 1.21. Cancellation option will be a breakdown of 1.2420 area, which point to a continuation of the rising correction to above the level of 1.2680, which is expected to complete the formation of reversal pattern Forex Head and Shoulders. GBP USD forex forecast on December 23, 2016 We continue to hold…