Quotes BRENT crude oil firmly tested the region of formation of the right shoulder reversal pattern Forex Head and Shoulders. At the moment, there is the potential to see the beginning of the rise in oil prices in September 2016. Forecast for oil prices BRENT in September 2016 The immediate goal of growth in oil prices is the area at a level above $ 55 per barrel since the breaks, which is expected to continue growth and full testing of forex inverted head and shoulders pattern. Cancellation option BRENT oil brand in September 2016, the rise in prices will drop…
Author: forex24pro
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 trade at a level near 1.30. At the moment, there is a high potential for the beginning of the fall of the Canadian dollar in the framework of the formation of the bull wave pattern Wolfe. USD CAD Canadian Dollar Forecast to September 2016 To this end, it is important to see a drop in prices USD CAD in the region at a level below 1.23, where you can try to buy the pair, and to expect the beginning of growth in the region of 1.37. Cancellation…
Currency pair USD JPY Dollar Yen continues to test the area of a local minimum. At the moment, there is potential for a rebound from this area in the framework of working out a reversal pattern on the indicator of relative strength. USD JPY Forecast Japanese Yen exchange rate on September 2016 The immediate goal of growth of quotations of the currency pair USD JPY is the area at a level above 107. Cancellation option of the growth rate of the Dollar against the Japanese yen and the fall will be a strong level of shedding below 95, which points…
Dollar Currency pair USD CHF Franc is still trading within the descending pattern of 1:1. To date, the potential is retained for the continuation of decrease in pair in the area below the level of 0.93, which quotes USD CHF found support area, such a test could trigger an attempt to increase in the dollar against the Swiss Franc. There is also the lower boundary of the rising channel. USD CHF Forecast of the Swiss franc on September 2016 Cancellation option of continuing drop in prices USD CHF pair will be strong growth in the beginning of September 2016 above…
The currency pair New Zealand Dollar US Dollar NZD USD continues to trade within a descending forex model 5-0. The purpose of the fall and testing of such a model on a pair of the area below the local minimum near the region of 0.60. Forecast New Zealand Dollar exchange rate on September 2016 Cancellation option will be the fall of the strong growth of quotations NZD USD and penetration level of the upper limit of the downward channel. An additional signal for the continuation of the fall is the resistance of the downlink test the relative strength indicator, that…
XAU USD gold price tightly test area at the level of 1350. As part of the technical analysis of the weekly chart of gold prices, there is potential for continued growth XAU USD quotations within mining punched bandwidth. An additional signal in favor of rising prices for gold is the formation of an inverted forex head and shoulders pattern on the indicator of relative strength. XAU USD forecast price of gold in September 2016 The purpose of growth is the area of above 1450, the cancellation option rise price of gold in September 2016 will drop XAU USD quotes in…
Currency pair EUR USD closed the week at 1.1193. In general quotations couple spent last week in line with expectations. At the beginning of the next trading week has the potential to continue the quotation EUR USD fall to below the level of 1.10, followed by the fall of the euro against the US dollar to the lower boundary of the triangle model. EUR USD Forecast for the week 29 August, 2016 — 2 September, 2016 An additional signal for the continuation of the fall will be the completion of the formation of topping forex head and shoulders pattern on…
Currency pair pound dollar GBP USD finished the current trading week at 1.3128. To date, the potential is retained for further quotes GBP USD falling within the descending pattern of 1:1. The purpose of the fall and testing of such a model is the area below the level of 1.28. GBP USD Forecast for the week 29 August, 2016 — 2 September, 2016 Cancellation option of the drop in prices will be the British Pound, with strong growth and the breakdown of the area 1.33. We continue to keep selling the pair GBP USD and are ready to increase the…
Currency pair Australian dollar AUD USD closed the week at 0.7559. To date, the potential is retained for further drop in prices USD AUD to below 0.72, as part of the descending pattern forex Wolfe waves. AUD USD forecast for the week 29 August, 2016 — 2 September, 2016 Cancellation option working out such a model and the fall of the Australian dollar quotations will be strong growth above the level of 0.7750. We continue to hold the sale and are ready to increase the amount of short positions after a slight correction of the pair USD AUD. Also do…
Quotes BRENT crude oil ended the trading week at $ 49.86 a barrel. At the moment, there is the potential for the formation of reversal pattern Forex failure swing on the indicator of relative strength. Cancellation option of forming such a model and the subsequent drop in oil prices will be a breakdown of the field 51 dollar per barrel, which will point to the continued growth of quotations and oil prices higher than $ 55. Forecast BRENT oil for the week 29 August, 2016 — 2 September, 2016 The purpose of the fall and testing of model failure swing…