Author: 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 Gold XAU USD continues to trade below the border triangle model, which assumes the continuation of falling of quotations and prices for gold from a technical point of view. XAU USD forecast for the gold price on September 5, 2016 However, we should not exclude more dense test the upper boundary of the model triangle and only after that to continue XAU USD quotes fall. An additional signal in favor of the continuation of falling of quotations XAU USD testing the descending trend line on the indicator of relative strength. Cancellation option quotations falling and the price of gold…

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Quotes of the dollar yen currency pair USD JPY practically tested downward trendline. At the moment, the situation is cleared up and the pair is expected to attempt to fall in the rebound from the resistance area. USD JPY Forecast FOREX Dollar Yen on September 5, 2016 An additional signal in favor of the fall is the formation of reversal pattern head and shoulders on the relative strength indicator that indicates an continuation of falling of pair yen dollar quotations for the purpose at a level below the area 101. Cancellation option will be a strong growth of quotations USD…

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The currency pair Canadian dollar against the US dollar USD CAD continues to decline in the rebound from the upper border of the descending pattern 5-0. Potential order to develop such a model, the area of Al below 1.27, however, the immediate goal is at 1.30, where we can expect growth and attempt to break the upper boundary of the model 5-0. USD CAD Canadian Dollar Forex forecast on September 5, 2016 An additional signal in favor of the continuation of growth will test the rising support line on the indicator of relative strength. Cancellation option will be a breakdown…

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Quotes of oil BRENT showed significant continued to fall at the level of 45 dollars per barrel. To date, the potential for development is maintained upward correction to the upper boundary of the descending channel, where you can try to sell the oil with a close stop. Analysis and forecast of oil prices BRENT on September 5, 2016 Cancellation option will be the continuation of the fall and test the area below the level of 45 dollars per barrel, which will point to the potential continuation of the fall to below $ 40 a barrel. Analysis and forecast of oil…

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Currency pair Australian Dollar US Dollar AUD USD shows minor correction before publication NON-FARM PAYROLLS. However, at the moment conserved potential for further drop in prices pair USD AUD within the framework of the descending wave Wolfe with a view on the level below 0.72 area. AUD USD Forecast Australian Dollar exchange rate on September 5, 2016 An additional signal in favor of the continuation of falling of quotations of the Australian dollar will be the test of the descending trend line on the indicator of relative strength that will point to the 0.7570 level by the development of a…

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Currency pair pound dollar GBP USD continues to test the tight area of the upper boundary of the triangle model. At the moment, preserved potential to rebound and fall of quotations GBP USD to the lower limit of the potential breakdown it down. GBP USD forecast for the Pound against the dollar on September 5, 2016 Cancellation option will be a strong growth of quotations of the pound against the dollar at the time of publication NON-FARM PAYROLLS above the 1.3350 area, which points to the breakdown of the model triangle and continued growth within the mining of this model.…

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Currency pair EUR USD prior to publication NON-FARM PAYROLLS left to correct and at the moment has the potential to test the upper boundary of the descending channel and continue falling of quotations EUR USD within the framework of the descending pattern of 1:1 in order to fall to below the area of 1.11. EUR USD Forecast Euro dollar exchange rate on September 5, 2016 Cancellation option will be a strong rise in the euro against the US dollar and the breakdown of the level 1.1260, which will indicate the likely rise further up to 1.13. An additional signal for…

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Technical analysis and forex forecast EUR JPY on September 5, 2016 Currency pair EUR JPY continues to develop the structure of the growth to the level of 116.21. At the forward end of this extension. Then we forward the development of the consolidation range on top. With a breakdown consider the continuation of the trend on the refinement level of 110.77. The first goal of reduction in the level of 113.92, the review Analytics Forex currency market on September 5, 2016. Technical analysis and forex forecast GBP JPY on September 5, 2016 Currency pair pound yen, almost worked tensile structure…

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Currency pair EUR GBP continues to fall in line with expectations and our forecast euro pound for every day. Currently we should expect the test of the rising channel’s lower border, where we can expect the beginning of growth of quotations EUR GBP in the area above the level of 0.8550. EUR GBP FOREX Euro Pound forecast on September 2, 2016 An additional signal for the continuation of the growth is the test rising trendline on the Relative Strength Indicator. Cancellation option will drop in prices EUR GBP below the channel that will point to a continuation of the fall…

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Currency pair USD CHF Franc dollar continued its growth and was able to update the local maximum region. At the moment there is a potential for continued growth within the mining bovine model 1:1 with a view to the growth of quotations USD CHF above 0.99 level. USD CHF Forecast Swiss Franc on September 2, 2016 Cancellation option will drop in prices pair below 0.9790, it will point to the development of further downward correction to below 0.97. We continue to keep buying the pair, as well as try new long positions with the tight stop loss. USD CHF Forecast…

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