Quotes BRENT crude oil continued to rise in the beginning of mining within the inverted forex model head and shoulders, and at the moment have approached the level of the neckline. On the next trading week will be the potential for the breakdown of this level and attempts to continue the rise in oil prices BRENT. Forecast of oil BRENT on 22 August — 26 August, 2016 Cancellation option will be a sharp drop in prices of oil in the area below the level of the right shoulder, then it is necessary to consider only the sale and expected to…
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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 showed a serious decline in this trading week, due to the strong rise in oil prices. However, at this point quotations pair USD CAD enjoy the support of the lower boundary of the rising channel, which indicates a potential rebound and growth in the region set out above the level of 1.32 on the next trading week. USD CAD forecast for the week 22 August — 26 August, 2016 If the pair can break through the lower boundary of the area, in this case, we can expect the formation…
Currency pair USD JPY continued to fall in the current trading week. At the moment, there is potential for further drop in prices USD JPY to below 99 within the framework of completion of work on the model’s head and shoulders. USD JPY Forecast Japanese Yen on 22 August — 26 August, 2016 Cancellation fall will be strong growth in the dollar yen pair above the level of 103.50, which points to the development of upward correction with the purpose of rising above the level of 106. Additional signals to bounce up will test the support line on the indicator…
Currency pair USD CHF Franc the dollar this week showed a serious fall and was able to test the lower boundary of the model triangle. In favor of the growth of quotations USD CHF on the next trading week, testing the support line of the bovine model Wolfe waves. Forecast FOREX USD CHF on 22 August — 26 August, 2016 The purpose of growth and refinement of this model is the area above the level of 0.9880. Cancellation option usd chf pair growth will drop and the breakdown of the lower limit of the model in the Triangle region of…
The pair NZD USD New Zealand dollar held the current trading week as part of the test the upper limit of the resistance area. To date, the potential is retained for the fall of quotations NZD USD due to the completion of the formation of a bearish wave pattern Wolfe. NZD USD Forecast for the week 22 August — 26 August, 2016 We try to actively sell the New Zealand dollar and are ready to increase the volume of sales. Cancellation option of falling quotations NZD USD will be strong growth and renewal of the area of a local maximum.…
Quotes Gold XAU USD continued to trade in a model triangle on the current trading week. However, the potential for the fall remains, a strong signal in favor of the XAU USD quotes fall is the formation of the model failure swing in the relative strength indicator. Gold XAU USD forecast 22 August — 26 August, 2016 This signal suggests an attempt to break the fall, and the area below the level of 1315. Cancellation option will be a strong increase in the price of gold above the level of 1370, which points to a breakdown triangle and point to…
Currency pair EUR USD closed the week at 1.1162. currently has the potential to continue falling euro quotations against the dollar in the rebound from the upper border of the descending channel. EUR USD Forecast for the week 15 August — 19 August, 2016 Cancellation option EUR USD falling of quotations will be strong growth and penetration level of 1.1250 closing prices. The goal of euro’s decline against the US dollar is the area on the level below 1.0950. However, even in the case of growth of the pair to 1.1250 for a potential fall will continue. EUR USD Forecast…
Currency pair pound dollar GBP USD finished the current trading week at 1.2915. At the moment, there is the potential to start turning the pound against the dollar in order to increase above the level of 1.32. GBP USD forex forecast for the week 15 August — 19 August, 2016 The signal in favor of the growth is the formation of reversal pattern Forex failure swing, which indicates the resistance level of shedding. Cancellation option price growth GBP USD on the next trading week will fall in value relative strength indicator below the level of 30 that cancels this model.…
Currency pair Australian dollar AUD USD completed the trading week at 0.7647. At the moment, there is the potential for the continuation of falling of quotations of Australian dollar against the US dollar within the beginning of the descending pattern Wolfe waves. FOREX Forecast AUD USD for the week 15 August — 19 August, 2016 Cancellation option quotations falling AUD USD pair will be strong growth and the breakdown level of 0.78, which points to continued growth in the region above the level of 0.80. The purpose of the fall and the mining model is the area on the level…
Quotes obscurities BRENT crude oil ended the trading week at $ 47.27 a barrel. At the moment, there is potential for further growth of quotations and oil prices to above 50 dollars. But do not rule out a broken test of the channel at the beginning of the next trading week, then you can try to buy and expect the beginning of growth in oil prices. Forecast BRENT oil for the week 15 August — 19 August, 2016 Cancellation option BRENT quotes growth will fall in prices below the level of 43 dollars per barrel, which will point to the…