Currency pair pound dollar GBP USD contrary to expectations, has shown strong growth and was able to break through the upper boundary of the model triangle. From a technical point of view we can expect continuation of growth of pair of quotes and the beginning of the mining triangle forex pattern. GBP USD Forex Forecast on September 8, 2016 However, currently stored for the potential drop in the beginning of the rebound resistance test area as uplink upper border and also a relative indicator of resistance force. Cancellation option will be the strongest growing quotes GBP USD above the upper…
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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.
Currency pair EUR USD managed to show strong growth and has tested the area at the level of 1.1250. At the moment, preserved potential to continue fall within the completion of work on Forex Wolfe Wave patterns with a view to falling below the 1.1130 area. Analysis and forecast Euro Dollar EUR USD on September 8, 2016 Cancellation of the fall of quotations options EUR USD will break-down area above the level of 1.1280, which indicates an increase of the euro continued to a local maximum. An additional signal in favor of the continuation of falling EUR USD will test…
On Wednesday, September 7, 2016 and is expected to increase news background, which may put pressure on the currency pairs in today’s review Forex Fundamental Analysis for September 7, 2016 we will look at the major events and assess their likely impact on the Forex market. Early in the morning will be published data on gross domestic product of Australia in April. In annual terms, the growth rate is expected at 0.1% to 3.20%, but the quarterly report likely to show a decline to 0.4%, while the value of the past was at 1.10%, which will put pressure on the…
The currency pair USD CHF continues to test dense region of the rising channel’s lower border, indicating a potential rebound and a pair of quotes growth development to higher levels of 0.9890. Cancellation option may be falling and the breakdown of 0.9740 areas, which point to a continuation of the fall to below 0.9650. USD CHF Dollar Frank forecast on September 7, 2016 We try to buy the pair USD CHF with a close stop loss and we are ready to increase the volume of purchases by the development of an upward movement. USD CHF Dollar Frank forecast on September…
Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD continues to trade within a bearish pattern Wolfe waves, and also are continuing formation of reversal pattern Forex Head and Shoulders. NZD USD Forecast New Zealand Dollar on September 7, 2016 We try to increase the volume of sales of NZD USD to close above the level of the table of a local maximum and the right shoulder head and shoulders pattern. Is expected to accelerate the fall of the New Zealand dollar mill breakdown of the neckline, which will show a drop to below 0.71.…
Quotes Silver XAG USD continued to rise, but at the moment conserved potential for further fall in prices for silver within the beginning of the descending forex model 1:1 in order to fall below the level of 17.80. XAG USD forecast for the price of silver on September 7, 2016 However, to complete the forex model should wait for the test the upper boundary of the descendingchannel, where should try to sell XAG USD with a close stop. Cancellation option will be the completion of the forex model strong growth and the breakdown of the area above the level of…
Quotes Gold XAU USD continued to move in the development of ascending correction and is currently retained potential to start falling prices of gold in the rebound from the upper border of the descending channel. XAU USD forecast prices Gold on September 7, 2016 Cancellation option will be the breakdown of the channel and grew XAU USD quotes above the level of 1345, which point to continued growth and the breakdown of the area above the level of 1360. The purpose of the fall is the area below the level of 1300. XAU USD forecast prices Gold on September 7,…
Quotes of the dollar yen currency pair USD JPY successfully pushed from the downward trend line. H and is currently retained potential for further drop in prices USD JPY, however it is necessary to wait for the completion of the formation of topping models forex head and shoulders with planks at 103.80 area, where you can again try to sell the USD JPY pair with a close stop. USD JPY Forex forecast Yen Dollar on September 7, 2016 Cancellation option will be strong growth in dollar yen pair above 104.50 level that points to continued growth of quotations pair to…
The currency pair Canadian dollar against the US dollar USD CAD continued to fall, but at the moment is stored potential to start turning a pair of quotations within the inverted start mining the forex head and shoulders pattern. We continue to try to buy the Canadian dollar with a close stop. USD CAD Forecast Canadian Dollar on September 7, 2016 Cancellation option will drop in prices pair below the level of 1.28, which indicates the continuation of falling of quotations USD CAD. An additional benefit of a signal the beginning of growth of pair will test the rising trend…
Quotes of oil BRENT showed significant growth, but could not break through the region of the upper boundary of the descending channel. To date, the potential is maintained for the quotes to continue falling and oil prices to below $ 46 per barrel. Analysis and forecast of oil prices BRENT on September 7, 2016 Cancellation option will drop BRENT strong growth and the breakdown region 49 dollars per barrel, which points to continued growth with a view above the level of 52 dollars per barrel, in such a scenario should not expect a reversal of long-term decline in oil prices…