The currency pair Canadian dollar against the US dollar USD CAD closed the trading week down at the level of 1.2954. At the moment, there is potential for further USD/CAD quotes fall within mining forex bearish head and shoulders pattern with a potential to reduce Canadians at a level below 1.25. USD CAD Forex Forecast 15 August — 19 August, 2016 Cancellation option USD/CAD quotes will drop pairs of strong growth and a break above the 1.31 level, which indicates the potential of the Canadian dollar continued growth in the region above the level of 1.34. USD CAD Forex Forecast…
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.
Currency pair USD JPY ended the trading week at 101.29. At the moment, there is the potential to see a continuation of falling of pair USD/JPY in the framework of working out the model’s head and shoulders in order to reduce the level of 99.50. USD JPY forecast for the week of 15 August — 19 August, 2016 Cancellation option drop in prices USD/JPY will be strong growth and penetration level of 103.50. Increase the amount of sales only after the breakdown level of 101. An additional signal in favor of the continuation of falling USD/JPY quotes favor the formation…
The currency pair USD/CHF Forex trading week completed at 0.9744 level. At the moment, there is the potential for the formation of the bull wave Wolfe. To complete this model, it is important to see the fall of the franc quotations in the region at a level below 0.96, where we can expect the beginning of the USD/CHF quotes growth in the area above the level of 0.9850. Forecast FOREX USD CHF on 15 August — 19 August, 2016 Cancellation option mining bullish wave Wolfe will be a drop in prices pair usd chf forex below the level of 0.94,…
The currency pair New Zealand Dollar NZD/USD closed the week at 0.7194. To date, the potential is retained for the beginning of falling of pair within quotation start of the descending pattern Wolfe waves. NZD/USD quotes Cancellation option will drop the strong growth of the pair above the 0.7350 level, which points to continued growth in the region above the level of 0.75. Forex NZD USD forecast for the week 15 August — 19 August, 2016 The overall target of the pattern is the area on the level below 0.66. Forex NZD USD forecast for the week 15 August —…
Quotes Gold XAU USD finished trading at the level of 1336. To date, the week has the potential to continue fall in prices for gold and break through the support level of 1315 in the framework of working out a bearish failure swing pattern on the indicator of relative strength. Gold price forecast for the week 15 August — 19 August, 2016 Cancellation option of falling prices for gold XAU/USD on the next trading week will be a strong increase in gold and break through the resistance level above the field 1360. Gold price forecast for the week 15 August…
Currency pair EUR USD ends the week down current. At the moment, there is potential for further euro against the dollar quotations falling to below the level of 1.1010, where we can expect the beginning of growth within the mining model 5-0 bullish on small time intervals. EUR USD forecast for the week 8 August — 12 August, 2016 The potential for continued growth EUR USD quotations on the next trading week will be a strong growth and penetration level of the upper limit of the downward channel. Meanwhile, the euro was trading quotes inside the descending pattern, the pair…
Currency pair pound dollar GBP USD continued to fall and was not able to start practicing forex inverted head and shoulders pattern. At the moment, there is the potential for the continuation of falling of quotations pound against the US dollar to below 1.26. Forex GBP USD Forecast 8 August — 12 August, 2016 Cancellation option continuation of falling of pair GBP USD will be strong growth and penetration level of 1.33, which will lead to the exit of quotations for the descending channel and continuing the development of upward correction. However, while quotations and GBP USD is trading within…
The pair AUD USD Australian Dollar continues to trade within the forex pivot head and shoulders pattern on the daily chart. At the moment, the pair quotes AUD USD finished the formation of the right shoulder, and has the potential to start the fall of the Australian dollar to the first target at the level of 0.74. AUD USD forecast for the week 8 August — 12 August, 2016 Cancellation option AUD USD fall of quotations on the next trading week will be a strong growth and penetration level of 0.77 closing prices that will cancel the forex reversal pattern.…
Quotes BRENT crude oil continue to test his right shoulder reversal pattern foerks head and shoulders. To date, saved the potential for rebound attempt quotes Brent crude oil in the area above the level of $ 46 per barrel. Forecast of oil BRENT on 8 August — 12 August, 2016 Cancellation option will increase this fall BRENT quotations below $ 40 per barrel, which will cancel the reversal pattern and point to a continuation of falling of quotations and oil prices to below $ 35 per barrel. An additional signal in favor of the increase in oil prices would be…
The currency pair Canadian dollar against the US dollar USD CAD completes the current trading week higher. However, the potential for a fall start is stored on the next trading week due to the formation of topping models forex head and shoulders. USD CAD forecast for the week 8 August — 12 August, 2016 If the Canadian dollar will not be able to update the area of a local maximum at the beginning of the trading week, in this case, there is the potential for further drop in prices USD CAD to below 1.27. Cancellation of this option will be…