Quotes Gold XAU USD continues to decline in the descending trend. Here, the market also failed to show the correction. At the moment, there is the potential to test the upper boundary of the channel, and the quotes to continue falling and the price of gold in the area below the level of 1180. XAU USD Forecast for gold prices on November 21, 2016 Cancellation option will be a strong growth and the breakdown of the upper boundary of the channel with closing prices above the level of 1230 will indicate that the continuation of an upward trend in the…
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.
Quotes of WTI crude oil broke through the neck line reversal pattern Forex Head and Shoulders. The purpose of the fall is the area of oil quotations at less than 43 dollars per barrel. Where there is a potential for a rebound of quotations, but to upgrade the local minimum area should expect continued decline in oil prices of WTI brand. WTI forecast and analysis on November 21, 2016 Cancellation option will be the fall of quotations strong growth of oil above the level of 47 dollars per barrel. WTI forecast and analysis on November 21, 2016 suggests an attempt…
The pair NZD USD New Zealand dollar continues to decline, and already broke through the line of the neck a large reversal forex head and shoulders pattern, which indicates the continuation of the fall of the New Zealand dollar quotations in the area below the level of 0.66. NZD USD Forecast on November 21, 2016 At the moment, there is potential for correction to 0.7070 within the mining model bovine Three Indians, but as soon as the completed head and shoulders pattern on the display relative strength is expected to continue falling to below the level of 0.6950. We continue…
Currency pair Australian dollar against the US dollar AUDUSD continues to decline, but without any correction that may indicate the strength of the downward trend in favor of the US currency. AUD USD FOREX forecast on November 21, 2016 At this moment we should keep the sale open earlier and wait for the development of the correction, and then try new deal in favor of the quotations falling AUD/USD. An additional signal of the push-test the broken support line on the indicator of relative strength, it also points to a continuation of the fall to below 0.73. AUD USD FOREX…
Currency pair USD CHF Franc the dollar continued to rise, and could test the 1.01 area. At the moment, preserved potential for a fall in quotations within the beginning of mining and descending pattern Wolfe waves. USD CHF Forecast on November 21, 2016 In favor of the correction also acts as a tight test of resistance on the downlink indicator of relative strength. The cancellation option will break through the resistance on RSI, which indicates an acceleration of the development of an upward trend for the pair in order to increase above the level of 1.02. USD CHF Forecast on…
Currency pair USD JPY Forex showed a local maximum update. At the moment, we can expect an attempt to correct quotations pair Dollar Yen only a breakdown of the rising channel’s lower border. USD JPY Forex forecast on November 21, 2016 The purpose of the correction may be a region at the lower end bullish pattern 5-0, near the area of 107.25. In the case of rebound of quotations pair Dollar Yen on the level of 110 is expected to continue upward trend in the development of the area above level 111. USD JPY Forex forecast on November 21, 2016…
The currency pair Canadian dollar against the US dollar USD CAD showed growth and trading in line with expectations. At the moment, there is potential for a downward correction in the rebound values relative strength indicator on the descending resistance line. USD CAD Forecast on November 21, 2016 The purpose of the fall can be a region at the level of the ascending channel’s lower border near 1.3450. Cancellation option can be broken through the resistance line that points to the continued growth of quotations of the Canadian dollar above the 1.36 level. USD CAD Forecast on November 21, 2016…
Currency pair pound dollar GBP USD continues to move in the forex pivot model head and shoulders, at the moment there is a potential for the growth of quotations in the area of 1.2570, where we can expect the completion of the formation of the right shoulder head and shoulders. GBP USD Forecast Pound against the dollar on November 21, 2016 From the level of 1.2560-1.2580 can try to sell the pair gbpusd with the potential to reduce the level below 1.21 areas. Cancellation option will be a strong growth of quotations GBP / USD above the 1.2650 level, which…
Quotes BRENT crude oil continues to decline and now have the potential to see a tight test of the region of $ 45 per barrel, where it will be the probability of growth of quotations in the region of 49 to complete the formation of the descending pattern Wolfe waves. In the event of a fall and a minimum breakdown field, we can expect continuation of falling of quotations of oil in the area below the level of 40 dollars per barrel. Forecast for oil prices BRENT on November 21, 2016 Cancellation option will reduce the strong growth BRENT quotes…
Currency pair EUR USD continues to decline and currently quotes couples come to an important level of support in the form of a dense test the lower boundary of the triangle model. EUR USD Forecast Euro Dollar on November 21, 2016 We continue to try to catch the development of the Euro correct, but if you open the transaction on the market, you should hold them, as there is a high potential that the euro dollar finally leaves the triangle pattern and we will see the beginning of a downtrend. We try to buy EUR USD with a close stop…