Currency pair EUR USD continues to move in the descending channel and bearish trend, but the potential for the development of correction is stored. Is expected to start growing in the correction can be expected only from the breakdown of 1.0520 area. We continue to hold the sale of euro dollar with a close stop. Currently the pair is testing the upper channel close the border and have the potential to rebound and start to decline below 1.02. As the decline we are ready to increase the volume of sales with a decrease in EUR / USD quotes. EUR USD…
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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.
Quotes FTSE 100 stock index trades at 6997. At the moment, there are risks to see an attempt to fall below the level of 6650 with the breakdown of this area and the fall in the area below the level of 6145 in the framework of the beginning of working out a reversal pattern Forex Head and Shoulders. Cancellation option will be a strong growth of quotations FTSE 100 above the local maximum level, in this case, there is a potential for continued growth within the mining bovine model 1: 1 in order to rise above the level of 7485.…
Quotes Dow Jones stock index trading at 19870. At the moment, the index traded within a bovine model 1: 1 with a view to potential growth and working out at 20586. As we can see, the index could break through the upper boundary of the rising channel, which is a strong signal in favor of continuing growth in the very near future. But do not rule out an attempt of correction to test the breached border of the channel, and only after that to continue growth. Cancellation option could be a drop in prices below the level of 19250 that…
Quotes NASDAQ 100 stock index trades at 4931.At the moment, the index traded within a bovine model 1:1 with a potential upside target above the level of 5240. Cancellation option growth development can become a drop in prices and a break of the rising channel’s lower border with closing quotations below 4550. In favor of continuing the NASDAQ growth since the current levels It serves up the breakdown triangle model, as well as the breakdown of the neckline inverted head and shoulders pattern on the indicator of relative strength. NASDAQ 100 forecast December 19, 2016 — December 23, 2016 Therefore,…
Quotes stock index NIKKEI 225 traded at 19363. The index shows serious growth and could not turn around in the framework of working out a reversal pattern Forex Head and Shoulders. Currently NIKKEI 225 quotes have gone beyond the top of the rising channel, which indicates continued growth with a potential test of the next resistance level near 20,000 Cancellation option could be the breakdown of the channel and return quotes inside the ascending channel that could provoke a continuation of a downward correction aim at a level lower than 17600. NIKKEI 225 forecast December 19, 2016 — December 23,…
Quotes S & P 500 stock index traded at the level of 2262. At the moment, the index quotes continue to move in the bullish trend. Potential upside target SP500 quotes is the area above the level of 2380. However, at the moment we should not exclude attempt of correction at least to the lower boundary of the rising channel quickly, and as a maximum to the nearest support area at a level lower than in 2195, where once again we can expect growth of quotations attempt SP500 . S&P 500 forecast December 19, 2016 — December 23, 2016 Cancellation…
Quotes stock index DAX 30 is trading at 11380. The market practiced inverted head and shoulders pattern on the indicator of relative strength. Currently tested quotes tight upper boundary region of the rising channel, which indicates that an attempt fall and rebound of the art. In favor of the version of the correction in favor and test the resistance line on the indicator of relative strength. But do not expect the development of a strong and deep correction, at the time of the test the area just below the level of 11,000, is expected to once again attempt to rebound and…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move through the descending forex model 5-0 with the potential to reduce the level below 0.70 area. We continue to keep selling the pair aggressively increasing our sales of NZD USD with a close stop. NZD USD Forecast New Zealand Dollar on December 16, 2016 Cancellation option of falling can be strong growth New Zealander quotes above the 0.72 that will indicate quotations going beyond the upper limit of the downward channel. But do not try to exclude the growth of quotations in the area of…
Quotes of the dollar yen currency pair USD JPY continued development of an upward trend. At the moment, the pair quotes broke through important resistance area at 116. It should be expected to attempt to continue the growth of quotations pairs with a tight test 121.75 area, this is the next area of resistance, which is able to stop the currency pair Dollar Yen. USD JPY forecast dollar exchange rate on December 16, 2016 In favor of continued growth and also acts as the Relative Strength Index, as we can see, the values punched upward channel upper boundary and could…
Quotes Gold XAU USD continues to move in line with expectations and our outlook on the gold price. At the moment, the value of the indicator of the relative strength line struck Neck reversal forex head and shoulders pattern on the display relative strength, indicating a continued decline in the area below the level of 1100. XAU USD GOLD price forecast on December 16, 2016 The fall in prices Cancellation option will be the Gold a strong growth and the breakdown region of the upper boundary of the descending channel closure above the level of 1150. XAU USD GOLD price…