On Friday, September 9, 2016 once again expect a lot of news from Europe, Canada, Switzerland, Australia and New Zealand, in this review Forex Fundamental Analysis for September 9, 2016 we consider the main events and assess their likely impact on the Forex market. From the beginning of the trading day will feature retail sales data using electronic charts in New Zealand, the degree of influence on the average market performance, but due to strong momentum for the pair NZD/USD is likely that these data the market will be taken into account. On the currency pair can exert pressure to…
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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.
On Thursday, September 8, 2016 is expected to increase again the news and one of the most important news is the decision by the ECB rate, in today’s Fundamental analysis of Forex on September 8, 2016 we will look at the major events on Thursday and assess their likely impact on the Forex market. Currency euro dollar pair showed strong growth, and investors and traders apparently markedly nervous before the ECB decision on interest rates, in general, is not expected radical changes, the rate as it was at zero level at this level and will remain. Immediately after the publication…
The currency pair USD CHF showed a strong fall, and at the moment quotes are testing the pair region at the level of 0.9696. USD CHF Forecast Swiss Franc on September 8, 2016 With continued drop in prices USD CHF will test support dense lines on the relative strength indicator that points to a potential rebound and the growth potential in the area above the level of 0.9890. However, the breakdown of the level remains in question due to the formation of a bearish pattern Wolfe waves. USD CHF Forecast Swiss Franc on September 8, 2016 suggests an attempt to…
Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD also showed life contrary to expectations. And at the moment it is preserved for potential falling of pair of quotes in the rebound from the trend line on the indicator of relative strength, and also due to test the upper boundary of the rising channel. The immediate goal of the fall is the area on the level below 0.73 areas. NZD USD New Zealand Dollar forecast on September 8, 2016 Cancellation option will be a strong growth area and the breakdown of 0.7440, which will run…
Quotes Silver XAG USD continued to rise and is currently testing the upper limit of the downward channel. Who saved the potential to rebound from the channel and the development of the falling prices of silver in order to lower the level of 18.00. Forecast prices Silver XAG USD on September 8, 2016 Cancellation option will be the continuation of the growth XAG USD quotations and sample area 20.50 closing prices that will point to a breakdown or rather the channel and the continued growth of quotations in the area above the local maximum level. Additional signals in favor XAG…
Quotes Gold XAU USD also continued to rise and is currently trading at close to 1350. Now there is also the potential for continued growth of quotations XAU USD to the upper boundary of the descending channel, where we can expect the beginning of falling gold prices. Forecast prices Gold XAU USD on September 8, 2016 In the case of the breakdown of the area is expected to continue XAU USD quotations growth in the area above the level of 1370 and even more in the framework of mining punched bandwidth. Forecast prices Gold XAU USD on September 8, 2016…
Quotes of the dollar yen currency pair USD JPY is trading fully in line with expectations and our forecast USD JPY for tomorrow. At the moment, there is potential for further pair of quotes falls to below 101 within assurances forming bullish patterns 5-0. USD JPY Dollar exchange rate forecast on September 8, 2016 Already from the lower boundary of the rising pattern is expected to start growing in the area above the level of 104. Cancellation option will be the breakdown of the channel, but in this case we should not expect a serious drop in prices USD JPY…
The currency pair Canadian dollar against the US dollar USD CAD continued to fall, and contrary to expectations, could not develop mining bullish reversal pattern Forex. To date, the quotation USD CAD testing a support area, where we can expect the level of the test attempt 1.2920. USD CAD Forecast Canadian Dollar on September 8, 2016 An additional signal in favor of the growth of the pair testing the support line on the indicator of relative strength. Cancellation option USD CAD quotes growth will drop the pair below 1.2740; it will point to a continuation of the downward movement of…
Quotes BRENT crude oil continues moving inside the descending channel. At the moment, there is potential for the quotes to continue falling and oil prices below the level of 45.50 dollars per barrel. Analysis and forecast of oil prices BRENT on September 8, 2016 Cancellation option of falling oil prices tomorrow will be a strong growth area and the breakdown of the upper boundary of the descending channel at a level above 48 dollars per barrel, which will point to the potential growth BRENT quotes above the 52 dollars per barrel. Also do not forget that in case of rise…
Currency pair Australian Dollar to US Dollar AUD USD continued to rise, contrary to expectations, but it is already saved to start the potential fall within the forex reversal patterns of Head and Shoulders. An additional signal in favor of the fall will test resistance area on the indicator of relative strength. Analysis and Forecast AUD USD on September 8, 2016 Cancellation option will be the fall of quotations AUD USD strong growth and the breakdown of local area high above the level 0.7740, which will point to the abolition of the forex model and the continued growth of quotations…