The currency pair Canadian dollar against the US dollar USD CAD finished the trading week at 1.2996. Currently we should expect the beginning of growth of pair within quotation mining forex inverted head and shoulders pattern, which indicates a potential test of the upper boundary of the rising channel at a level above 1.34. USD CAD Forecast on September 5, 2016 — September 9, 2016 Cancellation option will drop in prices pair frost 1.28 field that cancels the reversal pattern. Increase the volume of purchases of the pair USD CAD is only a breakdown of the neckline above the level…
Author: forex24pro
Dollar Yen currency pair USD JPY closed the week at 103.84. To date, saved the potential for rebound and began falling USD JPY quotes as part of the descending pattern of 1:1 in order to fall below 99. USD JPY Forecast on September 5, 2016 — September 9, 2016 Cancellation option of falling of pair of quotes for the next trading week will be a strong growth area and the breakdown of the upper boundary of the descending channel that will indicate at the end of fall and beginning of upward correction with targets above the area 106. An additional…
Currency pair USD CHF forex trading has finished the week at 0.9798. Currently quotes franc is still trapped within the model triangle that points to the continued uncertainty in the foreign exchange market. Forecast USD CHF on September 5, 2016 — September 9, 2016 At the beginning of the trading week is expected to attempt to continue falling in the rebound values of the indicator of the relative strength of the descending resistance line and a new attempt to increase the upper boundary of the triangle model. Another test of the upper boundary of the model can cause a breakdown…
The currency pair New Zealand dollar NZD USD finished the trading week at 0.7293. despite the attempt of growth of quotations after the release of US unemployment data pair is not able to update the local maximum region, indicating the potential continuation of falling of quotations NZD USD at the beginning of the next trading week. NZD USD Forecast on September 5, 2016 — September 9, 2016 An additional signal in favor of the fall is the formation of topping models forex head and shoulders on the daily chart of the pair, which indicates the completion of the right shoulder…
Quotes Gold XAU USD finished trading at the level of 1321. To date, the week Gold is trading within the rising channel, and we have seen that the lower boundary of the channel acts as quality support area for gold. XAU USD gold price forecast on September 5, 2016 — September 9, 2016 On the next trading week will be the potential for the beginning of growth of quotations XAU USD to the upper boundary of the model Triangle, in favor of this option stands the test rising support line on the indicator of relative strength. However, we should not…
Quotes Silver XAG USD finish the trading week at 19.25. At the moment, there is the potential to show the growth of quotations XAG USD to 19.70, where again we can expect the beginning of falling. Silver XAG USD forecast on September 5, 2016 — September 9, 2016 Overall quotes Silver back inside the bearish Wolfe Wave pattern that points to the potential continuation of the fall after a minor correction, so as early as next week, trading is to try to look for sales opportunities with small time intervals. Cancellation option working out such a model can become a…
Currency pair EUR GBP is still trading within the bullish pattern of 1:1. At the moment, the pair quotes pushed from the lower boundary of the model, indicating a continuation of the EUR pairs quotations pound growth in the area above the level of 0.86. EUR GBP forecast for the euro against the pound on September 5, 2016 Cancellation option will drop in prices pair below the level of the ascending channel. An additional signal in favor of the growth also stands to rebound from the support area on the indicator of relative strength. EUR GBP forecast for the euro…
Currency pair USD CHF Franc dollar also went to the correction to the publication of data NON-FARM PAYROLLS, currently retained potential for further growth and testing of bovine Wolfe wave model with a view to a level above the 0.99 area. USD CHF forecast pair Dollar Franc on September 5, 2016 However, there are risks to see the continuation of falling of pair USD CHF quotes in the area at the nearest line of support bullish wave pattern Wolfe, marked on the chart with a blue line. USD CHF forecast pair Dollar Franc on September 5, 2016 suggests an attempt…
Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD continues to trade within the descending pattern Wolfe waves. At the moment, there is the potential for the growth of quotations NZD USD in the area above the level of 0.73 to complete the right shoulder reversal pattern Forex Head and shoulders that will point to a continuation of falling of quotations pair. NZD USD Forecast New Zealand Dollar on September 5, 2016 Cancellation option will update the local maximum region. An additional signal to drop a pair of New Zealand dollar against the US dollar…
Quotes Silver XAG USD continues to trade within a descending forex 1:1 model. At the moment, there is the potential to continue fall XAG USD quotes after a hearty test the upper boundary of the channel. XAG USD silver prices forecast for September 5, 2016 Cancellation option of falling prices for silver will be a strong increase in the breakdown region of the upper boundary of the channel, which will indicate the growth potential in the area above the level of 19.50. An additional signal in favor of the fall is the resistance of the downlink test the relative strength…