Currency pair EUR USD continues to develop corrective movement in the framework of the formation of the descending pattern Wolfe waves. We should expect an attempt to test the area of 1.0715, where there will be a test model of the top wave borders Wolfe and begin reducing the euro, the dollar quotes. The purpose of the fall and testing of the model is the area on the level below the 1.0530 area. EUR USD Forex Forecast Euro Dollar on December 1, 2016 Cancellation option will be a strong growth of quotations EUR USD 1.0750 and a break area 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 of WTI oil have shown significant growth, at the moment there is a potential test area above the level of 50.50 dollars per barrel. Where should try to sell the brand of WTI crude oil, in favor of the fall is the resistance of the downlink test indicator of relative strength, as well as the completion of the formation of the descending pattern Wolfe waves with the aim of working out at a level below the area of $ 44 per barrel. WTI crude oil forecast and analyst on December 1, 2016 Cancellation option will be the fall of…
Currency pair Australian dollar against the US dollar USD AUD continues moving inside the descending channel, and at the moment there is a potential for falling Australian dollar quotations within the mining model Double Top. An additional signal in favor of the fall is the rebound relative strength indicator values from the trend line. We try to keep selling the pair and open new business in the sale of AUD USD with a close stop. AUD USD Forecast Australian Dollar on December 1, 2016 Cancellation option will be a strong growth of quotations of the pair above the level of…
Currency pair pound dollar GBP USD continues to move in the mining reversal forex head and shoulders pattern, which indicates the continued decline and test 1.2250 areas within the mining model. Cancellation option will be a strong growth of quotations of the pound against the dollar in the area above the local maximum level that indicates the continuation of an upward trend. GBP USD Forecast Pound Sterling Forex December 1, 2016 Acceleration fall GBP USD is expected to breakdown level of 1.2380, which confirms the completion of the formation of topping model. We try to sell the pair and are…
Quotes of the dollar yen currency pair USD JPY continues to move in the bullish trend. In favor of the continuation of the growth is the test raisingtrend line on the Relative Strength indicator, which indicates the potential growth already from current levels. Forex USD JPY Forecast Dollar Yen on December 1, 2016 Quotes are also pushed by the lower boundary of the rising channel models 5-0, which also assumes continued growth in order to increase above the level of 115. Cancellation option price growth yen The dollar will be a drop in prices below the level of 111, this…
Quotes BRENT crude oil have gone into the development of ascending correction, the market showed a kind of surprise to data movement. Analysis and forecast of oil prices BRENT on December 1, 2016 Currently we should expect continued growth with an attempt to test the area above match for 51 dollars per barrel, where the values of the relative strength indicator unopposed and will be again try to sell oil with a close stop. Cancellation option will be a strong growth and the breakdown of the area above the level of 52 dollars per barrel, which will point to a…
The currency pair Canadian dollar against the US dollar USD CAD continues to test the support area tightly. In favor of a continued growth of quotations in the near future, testing the support line on the indicator of relative strength. Cancellation option will drop below the level of 1.33, which indicates an continuation of a downward correction for the pair. USD CAD forex forecast for the Canadian Dollar on December 1, 2016 The aim of the rebound and growth is the area above the level of 1.36. Expect faster growth of the Canadian dollar quotes only after the breakdown of…
Currency pair USD CHF Franc Dollar continues moving inside the bullish trend. Currently quotes are traded within the model Triangle, the breakdown of which up will provoke further growth in the area above the level of 1.0250. USD CHF Forecast Forex Swiss Franc on December 1, 2016 Cancellation option will drop in prices and the breakdown field 1.00, which indicates the continuation of a downward correction for the pair usdchf. Among the important news that could affect the Australian dollar tomorrow, December 1, 2016 stands out, changes in the real volume of retail trade, as well as the PMI index…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continued development of growth, however, such a correction is not yet able to deploy a couple up. Once again, we are trying to increase sales volume within the test indicator of the relative strength of the downward trend line, suggesting an attempt to fall to below 0.7050. NZD USD Forecast New Zealand Dollar on December 1, 2016 Cancellation option will be the continuation of the growth and the breakdown of 0.7180 area, which point to continued growth with a potential test of the upper boundary of…
Quotes Gold XAU USD continues to decline in the rebound from the resistance line on the indicator of relative strength. Currently quotes gold dense testing the upper limit of the downward channel, which implies a reduction in the area below the level of 1150. XAU USD Forex Forecast Gold prices on December 1, 2016 Cancellation option will be a strong growth XAU USD quotes above the level of 1205, which points to the continued growth of quotations of gold. We continue to hold the sale and are ready to increase the volume of short positions on the development of a…