Quotes of gold XAU USD continues to decline within the mining reversal pattern Forex Head and Shoulders. The purpose of working out such a model is the area at the level of 1065. Cancellation option will be a strong growth of quotations and prices for Gold with the breakdown field 1335, but this option we consider unlikely. At the same time we should not exclude attempt of upward correction to the upper boundary of a descending channel formation of the descending forex 1:1 model, which also indicate a continued decline. XAU USD forecast gold prices in January 2017 The completion…
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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.
Currency pair EUR USD left the forex triangle patterns, which suggests an attempt to continue the decline of the euro quotations from the first drop goal at the level of 1.02, the second to reduce the height of the model is to provide at the level of 0.92. EUR USD forecast Euro exchange rate on January 2017 Already near the lower boundary of the descending channel will be the potential for high-quality euro dollar rebound. In the case if the euro quotations will not be able to file a drop in January 2017, and will be able to gain a…
The currency pair USD CHF finished the trading week rebound from the support area near 1.0160 level. To date, the potential is retained for further growth within the beginning of the mining triangle forex pattern, but do not rule out another attempt to test the lower boundary and continued growth. USD CHF Forecast Dollar on January 9, 2017 — January 13, 2017 Expect faster growth of quotations currency pair Dollar Frank is a breakdown of the top models of the border triangle. The purpose of growth is the area of mining at a level above 1.0450. In favor of the…
Quotes of the dollar yen currency pair USD JPY finished the trading week on the area support a rebound near the level of 117. At this point saved canceled for the continuation of an upward trend with the potential upside target above the level of 121.75. In favor of a continuation of the rising trend in favor tight test the rising support line on the indicator of relative strength. USD JPY Forecast Dollar on January 9, 2017 — January 13, 2017 Cancellation option fall camp Yen currency pair quotes dollar at the next trading week of the rising channel’s lower…
Quotes Gold XAU USD finished the trading week correction, but could not reach the area of the upper limit of the downward channel FX 1:1 model. At the beginning of the new trading week, we should not exclude another attempt to test the area in 1190, where you can try to sell the gold with a close stop loss and the potential to reduce the level below the area 1105. XAU USD Forex Forecast Gold on January 9, 2017 — January 13, 2017 In favor of a continuation of the fall is the dense test downward trend line on the…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD finished the trading week down near 0.6960 area. At this point the potential is retained for further pair of quotes fall within the beginning of the descending model FX 1:1 in order to fall below 0.67 area. In favor of the quotations falling variant NZD USD dense stands the test descending resistance line on the indicator of relative strength. NZD USD Forecast on January 9, 2017 — January 13, 2017 But do not rule out an attempt to test the upper boundary of the descending channel,…
Quotes BRENT crude oil finished the trading week in the framework at the level close to the important level of 57 dollars per barrel correction. At the moment, preserved potential for a fall in quotations within the mining forex model extends formation for the purpose of falling below the area of $ 45 per barrel. Oil price forecast on January 9, 2017 — January 13, 2017 In favor of the version of the fall of quotations and prices for oil brand BRENT dense stands the test downward trend line on the indicator of relative strength, as well as the formation…
Currency pair Australian dollar against the US dollar AUD USD ends trading week on a rebound near the level of the area 0.73. At the moment, there is the potential for the continuation of falling Australian dollar quotations at the beginning of the next trading week as part of the beginning of the descending forex 1:1 model with the potential to reduce the level below 0.70 area with a likely test the area of a local minimum. Forex Forecast AUD USD on January 9, 2017 — January 13, 2017 In favor of a continuation of falling of quotations USD AUD…
The currency pair Canadian dollar against the US dollar USD CAD ends trading week of serious decline near the lower boundary of the rising channel at 1.3240. At this point the potential for rebound stored quotations pair and continued growth within mining bovine FX 1:1 model with a potential target area at a level above 1.38. USD CAD Forex Forecast on January 9, 2017 — January 13, 2017 Cancellation option will drop in the Canadian dollar quotations of the rising channel’s lower border with a close below 1.31 area. In favor of a growth of quotations USD CAD dense stands…
Currency pair EUR USD ends week lower trading near the resistance area at 1.0550. Already at the beginning of a new trading week worth continuing attempt pressed fall within the descending model FX 1:1 with a view to potential falling below the area below 1.02. In favor of the version of the fall of the euro dollar quotes appears tight test downward trend line on the indicator of relative strength. Euro Dollar forecast EUR USD on January 9, 2017 — January 13, 2017 Cancellation option drop in prices of the currency pair EUR USD will be 1.0720 breakdown field that…