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.

Technical analysis and forex forecast EUR JPY on September 2, 2016 Currency pair EUR JPY, has fulfilled the purpose of expansion of the consolidation range upwards. Today we consider the possibility of developing a new range of consolidation with the reversal of the structure. The main scenario expect the decline to the level of 110.77, the review Analytics Forex currency market on September 2, 2016. Technical analysis and forex forecast GBP JPY on September 2, 2016 Currency pair GBP JPY, practically worked tensile structure wave of growth. Today we consider the possibility of consolidation range. We expect a break-down on…

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Technical analysis and forex forecast EUR JPY on September 1, 2016 Currency pair EUR JPY, continues to trade under pressure to expand the range of the growth to the level of 115.06. Next, consider the technical return to the level of 113.92. Next, we do not rule out another link growth to the level of 115.40, the review Analytics Forex currency market on September 1, 2016. Technical analysis and forex forecast GBP JPY on September 1, 2016 Currency pair GBP JPY, practically developed market growth wave structure with stretching. Today we consider the possibility of consolidation range. We expect a…

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Trading Signals GBP/USD on September 1, 2016 Pound begins to strengthen its position in relation to the US Dollar. At this stage the couple is trying to carry out a correction in the form of a flag. mining potential is on the 1.3196 resistance level in the review of Forex trading signals on September 1, 2016. Trading signals XAU/USD on September 1, 2016 Gold traders are not justified hopes of growth continues to decline. At this stage, four-hour chart formed the figure of an inverted flag. The potential drop can be defined as the level of support 1301.88.

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Currency pair EUR USD continued to decline and is currently retained potential for further depreciation of the euro against the US dollar. EUR USD Forecast Euro against the dollar on September 1, 2016 In favor of the fall is the test of the broken trend line on the indicator of relative strength, indicating a decline of quotations pair EUR USD since the current levels, but in the case of upward correction of the pair EUR USD could show growth in the area of 1.1220, where you can try to sell again. Therefore we recommend to tighten stop loss in the…

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Currency pair pound dollar GBP USD contrary to expectations, the breakdown triangle model below shows a strong growth and has been able to break through the upper boundary of the model. currently retained the capacity to complete the formation of a large reversal forex head and shoulders pattern that points to a continuation of falling of quotations pair GBP USD. GBP USD Forecast British Pound on September 1, 2016 Cancellation option will be the fall of the strong growth and the breakdown of the area of a local maximum. Consider new sales worth at the time of completion of the…

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Currency pair Australian Dollar US Dollar AUD USD continues to decline within the descending wave pattern Wolfe and is currently trading at 0.7507. Now there is the potential for the continuation of falling of pair of quotes in the area below the 0.7380 level, but in the case of upward correction is expected to test the area at the level of 0.7560, where again you can try to sell the pair with the tight stop loss. AUD USD forex forecast on September 1, 2016 We continue to hold the sale, but in the case of trying to close the position…

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Quotes BRENT crude oil failed to break the model down triangle, but a strong drop in prices of the pair we have not seen. Currently retained the potential for growth of quotations attempts and oil prices due to the formation of bullish wave pattern Wolfe on the indicator of relative strength. Analysis and forecast of oil prices BRENT on September 1, 2016 But do not rule out an attempt to fall BRENT crude oil quotations to 47 dollars per barrel, where you can try to buy with tight stop loss, in case of continuation BRENT quotations fall below $ 46…

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The currency pair Canadian dollar against the US dollar USD CAD failed to develop and fall to work bearish reversal pattern Wolfe waves, so at this moment we should expect growth of quotations attempt USD CAD to local maximum. USD CAD Forecast Canadian Dollar Forex on September 1, 2016 An additional signal for the continuation of the growth is the test of a broken line of resistance on the relative strength indicator, which indicates the potential growth already from current levels. Cancellation option drop in prices pair USD CAD below the level 1.3040, which will point to a continuation of…

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Quotes of the dollar yen currency pair USD JPY continues to grow, but we are staying out of the market and we expect the pair test the descending trend line on the chart. Already on this level is expected to try to drop in prices USD JPY. USD JPY Forecast Dollar Yen on FOREX September 1, 2016 Cancellation option camp breakout trend line that indicates an extension of the pair of quotations growth in the next resistance area at 106.70, with a breakdown of which is expected to continue growth and the completion of the downtrend for the pair USD…

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Quotes Gold XAU USD broke through the lower boundary of the model triangle, which may indicate a continuation of falling prices for gold in the region at a level below 1280. XAU USD forecast prices for Gold on September 1, 2016 Cancellation option will be a strong growth XAU USD in the area above 1340 indicates that an continuation of the growth of quotations in the area of the upper boundary of the model Triangle with a potential breakdown it up. XAU USD forecast prices for Gold on September 1, 2016 suggests an attempt to fall within the mining model…

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