Currency pair EUR USD continues to move in the development of ascending correction, it is likely the pair will not leave until the attempt to increase the rate of the ECB, however, is currently en again retained the potential to fall quotes by another downlink test, an indicator of the trend of relative strength. EUR USD Forex Euro Dollar Forecast on January 18, 2017 In favor of a fall also advocates the formation of the descending wave pattern Wolfe with a view on the level fall below the 1.05 area, and the second target at levels below 1.04. But do…
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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.
The currency pair Canadian dollar against the US dollar USD CAD continues to move within the test area of a local minimum, the couple could not go to the quality of upward correction. However, the potential for a rebound remains, consider opening positions only after the breakdown of the upper limit of the downward channel. USD CAD Forecast Canadian Dollar on January 18, 2017 In the case of breakdown lows and closing the pair below 1.29, we can expect continuation of falling of an attempt working out in the framework of a large reversal pattern Forex Double Top with a…
Currency pair Australian dollar against the US dollar AUD USD continues to move in the development of ascending correction and is now able to update the local maximum region. There remains potential for a rebound and the beginning of reduction with the immediate goal of the fall to below 0.7430 area. Forex Technical Analysis AUD USD on January 18, 2017 In favor of the quotations falling variant testing the descending trend line on the indicator of relative strength, as well as the formation of topping models forex head and shoulders on the display. Cancellation option will break-down area of a…
Quotes BRENT crude oil continues to move through as part of the formation of a large reversal pattern Head and shoulders, to complete the model, we should expect a tight test 57.50 area. Where once again you can try to sell and wait for the fall of an attempt with the first target at the level of the area below 54 dollars per barrel. Forecast oil prices on January 18, 2017 In favor of a bounce speaks tight test downward trend line on the indicator of relative strength. Cancellation option completion of the formation of topping model mill breakdown field…
Currency pair pound dollar GBP USD reversed during a speech of Prime Minister Theresa May, as well as the statements of Donald Trump that BREXIT is temporarily postponed. Currently the pair is trading near the resistance area and has the potential to try to fall within the beginning of the descending pattern Shark. Technical analysis and forex GBP USD Forecast January 18, 2017 The purpose of the fall is the area of 1.2130, where once again we can expect growth of quotations of the pound against the dollar. In favor of fast downward correction appears tight test downward trend line…
Currency pair USD CHF Franc the dollar continues to move in the decline and now has the potential to complete the formation of bullish forex wave pattern Wolfe with a potential target at the rebound above 1.0150 area. In favor of a dense stands the test support area on the indicator of relative strength. USD CHF Forex forecast on January 18, 2017 Cancellation option rebound and growth of quotations pair Dollar Frank will fall and breakdown of 0.9920 area, which point to the continued decline in the area below the level of 0.97. Important news from Switzerland is expected tomorrow,…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in the development of a strong bullish correction. Technical analysis and NZD USD Forecast on January 18, 2017 At the moment, the pair broke through the upper limit of the downward channel, and has the potential for a tight test 0.72 area, where we should expect a rebound attempt to start mining within the forex pivot model head and shoulders on the indicator of relative strength. The immediate goal of the fall is the area at the level of 0.7070. Cancellation option will…
Quotes of the dollar yen currency pair USD JPY continues to move in the formation of bullish wave pattern Wolfe and capacity to rebound and start the growth of quotations at the moment is stored. The purpose of growth is the area at a level above 118. USD JPY Forex Dollar Yen on January 18, 2017 Quotes tight test suites-region area and the breakdown region 112.40 points to complete abolition of the model. In favor of a rebound testing the support line on the indicator of relative strength. Expect faster growth is a breakdown field 113.70. Important news from Japan…
Quotes Gold XAU USD continues to move in the development of ascending correction, gold price is moving inside the rising channel, but there is potential for a quick rebound and start reducing. In favor of a bounce speaks tight test the upper boundary of the model triangle on the display relative strength, which points to another fall of quotations attempt XAU/USD in the area of the ascending channel’s lower border. XAU USD Forex Forecast price Gold on January 18, 2017 Is expected to accelerate the fall is a breakdown of the lower limit of the model triangle that points to…
Currency pair EUR USD continues to move in the wedge or wave pattern Wolfe processing begins descending forex model to fall to below 1.0420 area. We continue to hold the sale of euro dollar tight stop, and try actively to increase the volume of short positions on the pair EUR/USD. EUR USD Euro Dollar Forecast on January 17, 2017 Cancellation option will increase in quotes above the strong level 1.0720, which will point to a continuation of upward correction. In favor of a drop in prices will make a breakdown of the trend line raising an indicator of relative strength,…