Currency pair Australian dollar against the US dollar AUD USD continues to decline in line with expectations and at the moment there are risks to see an attempt to break the lower boundary of triangle forex pattern and continue falling to below the level of 0.7450. AUD USD Forecast Australian Dollar on October 31, 2016 An additional signal for the continuation of the fall will be a breakdown of the support line on the indicator of relative strength. Cancellation option of falling Australian dollar quotations will be a strong growth of quotations AUD/USD above the 0.7630 level. AUD USD Forecast…
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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 pound dollar GBP USD continues to trade within the forex descending triangle pattern with the breakdown of the lower limit, which is expected to accelerate the fall of the pound against the dollar quotes in the area below the level of 1.18. Forecast FOREX Pound Sterling GBP USD on October 31, 2016 Cancellation option will be a strong growth of GBP/USD pair above the level of 1.23, which indicates the continuation of upward correction. Further development could trigger a fall update local minimum area at a level below 1.14. Forecast FOREX Pound Sterling GBP USD on October 31,…
Currency pair EUR USD EUR USD continues to test the tight downward resistance line on the indicator of relative strength, indicating a continuation of the bearish trend for the pair with a potential target of the fall below the level of 1.08. Cancellation option will be a strong growth of quotations of the dollar the euro above the level of 1.0970. In this case, we should expect the continuation of the rising correction to above the level of 1.10. Forex Euro Dollar Forecast EUR USD on October 31, 2016 We continue to keep selling the dollar and euro are ready…
The currency pair USD CHF continues to trade within the framework of growth, despite the attempt of correction. At the moment, the value of the relative strength indicator tight test the uptrend line, indicating continued growth and a rebound from the field with a potential upside target above the level of 1.01. USD CHF Forecast Swiss Franc on October 28, 2016 Cancellation option will drop in prices pair usdchf below 0.9830, in which case we should expect falling of pair of quotes in the area below the level of 0.9740. USD CHF Forecast Swiss Franc on October 28, 2016 assumes…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continued development fall within the beginning of working out a reversal forex head and shoulders pattern on the display of relative force to drop below the level of 0.7050. NZD USD Forecast New Zealand Dollar on October 28, 2016 Cancellation option will be a strong growth of quotations of the New Zealand Dollar above 0.7290 levels, which indicates an increase continued NZD/USD. We continue to hold the sale of the New Zealand dollar with a close stop and try new short positions on the pair. NZD…
Quotes Gold XAU USD continues to trade within the framework of the development of a downward movement with the aim of falling to the level of 1180. Cancellation option will be a strong growth of quotations XAU/USD above the level of 1280, that will indicate the version of the abolition of the fall and the continued growth of quotations of gold. XAU USD Forex Forecast Gold on October 28, 2016 In favor of the fall and stands the test downward trend line on the indicator of relative strength. XAU USD Forex Forecast Gold on October 28, 2016 suggests an attempt…
Quotes of the dollar yen currency pair USD JPY continues to trade at the upper boundary of the rising channel. We continue to expect a rebound attempt and the drop in prices pair Dollar Yen to below 102. Cancellation option will be a strong growth of quotations and sample region 105 that points to the quotes leaves the channel up, which points to the continued growth of quotations of USD/JPY. USD JPY forecast pair Dollar Yen on October 28, 2016 In favor of the fall is the formation of topping models forex head and shoulders on the indicator of relative…
Quotes BRENT crude oil continues to trade outside the Forex Triangle patterns. At the moment, preserved potential to fall BRENT quotations in the area below the level of 49 dollars per barrel in the beginning of working out the framework forex triangle patterns. Forecast BRENT oil price on October 28, 2016 Cancellation option will be a strong growth of quotations and price return above the level of 53 dollars per barrel, which may point to a continuation of the growth of oil. We continue to hold the sale of oil, but in the case of the sale of the correction…
The currency pair Canadian dollar against the US dollar USD CAD continues to trade outside of the ascending channel. Presently stored risks of growth within the mining punched bandwidth. The purpose of growth is the area above the 1.3450 level. Cancellation option will drop in prices of the Canadian dollar below the level 1.3280, which will indicate the return into the channel and the continued decline in the area below the level of 1.3130. USD CAD forex forecast Canadian Dollar on October 28, 2016 But do not rule out a broken channel line test attempt and only after that to…
Quotes of WTI crude oil continues to trade within the descending Forex Wolfe Wave patterns in order to reduce the area below 42 dollars per barrel. As you can see, prices of oil broke through the border of support and at the moment there is the potential to see the continuation of the decline to the nearest support in the form of a rising channel’s lower border. Oil WTI forecast and analyst on October 28, 2016 Cancellation option will be a strong growth of quotations of oil and WTI prices above the level of 52 dollars per barrel. Oil WTI…