Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continued tight test resistance area at 0.7130. At the moment, there is potential for further drop to the nearest support at 0.6950. In favor of a continuation of the fall is the formation of topping models forex head and shoulders on the relative strength indicator, which indicates a drop since the current levels. NZD USD Forecast New Zealand Dollar on December 6, 2016 Cancellation option to continue the New Zealand dollar’s decline will be a strong growth area and the breakdown of 0.7160 closing prices that…
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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.
Quotes Gold XAU USD continues to decline in the development of the bearish trend for the purpose of falling below the area of 1150. We continue to hold the sale and try new short positions. XAU USD Forex Forecast Gold price on December 6, 2016 Cancellation option will be a strong growth area in 1185 and the breakdown of the closing prices that will indicate an output of the channel, quotations continued development of ascending correction to above the level of 1200. Acceleration of the fall is expected to breakdown the lower boundary of the channel. XAU USD Forex Forecast…
Quotes of the dollar yen currency pair USD JPY continues to move in the bullish trend. We should expect the attempt to rebound from the lower boundary of the rising channel growth target higher than 115. Cancellation option will be the growth of a drop in prices below the level of 112.45, which will point to continued decline. USD JPY forecast dollar exchange rate on December 6, 2016 Quality support area is the area of 112.75. Important news from Japan tomorrow December 6, 2016 are not available, so the pair will move in the framework of technical analysis. USD JPY…
A QUOTE BRENT crude oil tight test resistance area is still in the oil market does not abate the euphoria of the decision of OPEC to reduce oil production. This decision is the first decision in the last eight years. BRENT oil price forecast 6 December 2016 However, the benefit of the fall is the test of the descending trend line on the indicator of relative strength, as well as the formation of reversal pattern Forex failure swing in the relative strength indicator, which indicates the potential development of a downward correction. We try aggressive sales with the tight stop…
The currency pair Canadian dollar against the US dollar USD CAD continues to test the support area at 1.33. At the moment, there are risks to see an attempt to increase quotations USD CAD as part of the beginning of working out bovine Wolfe wave model in order to increase above the level of 1.36. Cancellation option will break-down area 1.3150, which indicates an abolition of the model and the continuing drop in prices pair. USD CAD Forex Forecast 6 December 2016. Wolfe Waves We try to buy the Canadian dollar with a close stop and are ready to increase…
Quotes of WTI crude oil continues to rise within the mining market reaction to the decision of OPEC to reduce oil production since the beginning of 2017. At the moment, there is potential for a downward correction under the willows mining bearish Wolfe wave model with a view to falling below the area of $ 45 per barrel. WTI crude oil forecasts and analyst on December 6, 2016 An additional signal in favor of the fall is the formation of reversal pattern failure swing in the relative strength indicator, which indicates the breakdown of the area of $ 50 per…
Currency pair Australian dollar against the US dollar USD AUD continues to trade at the level of the right shoulder reversal pattern Forex Head and Shoulders. The purpose of the fall and the mining model is the area on the level below 0.73. Forex Forecast AUD USD on December 6, 2016 Cancellation option of the Australian dollar will fall in quotations strong growth above the level of 0.75, which points to the couple leaves the descending channel and the continued development of growth. We continue to hold the sales are increasing the amount of short positions with the tight stop.…
Currency pair pound dollar GBP USD continues to test dense area 1.27. At the moment, there is a potential for a fall in quotations pound dollar within the beginning of working out a reversal pattern failure swing for the purpose of falling below the 1.26 area. GBP USD Forex Forecast on December 6, 2016 We try to sell the pair with the tight stop and are ready to increase sales with a decrease in the development, furthermore in case of breakdown of the level of 1.26, is expected to continue falling to decrease below 1.22. Cancellation option will increase in…
Currency pair EUR USD continues to move in the lateral movement, quotes could update the area of a local minimum, but a full-fledged continuation of the fall, we have not yet seen. At the moment, the euro dollar again test resistance area at 1.0650, from where we can expect the fall to try probable breakdown of the area of support at 1.0520, which will point to a continuation of the downward trend. EUR USD Forecast FOREX Euro Dollar on December 6, 2016 Cancellation option will be the fall of quotations strong growth above the level of 1.0680, which points to…
Currency pair USD CHF Franc dollar continues to develop correction after dense local maximum test area. USD CHF Forecast Swiss Franc on December 2, 2016 At the moment, there is the potential for test 1.0105 area as part of the completion of the formation of bullish forex model 1: 1, which points to continued growth with a view above the level of 1.0250. Cancellation option will drop in prices pair usdchf below 0.9980, it will point to the continued decline in the area below the level of 0.9940. USD CHF Forecast Swiss Franc on December 2, 2016 suggests an attempt…