Author: 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 Gold XAU USD continued to test the area at the level of 1320 to the current trading week. At the beginning of the next attempt should expect continued growth XAU USD quotes in the area above the level of 1350, where is expected to continue falling prices for gold. XAU USD forecast for the week July 25, 2016 — July 29, 2016 Also do not forget about expanding formation model, which involves an attempt to continue the XAU USD quotes drop to below the level of 1200. Cancellation option will break through the mining model at 1400 closing prices.…

Read More

The pair NZD USD New Zealand dollar completely fulfilled the goal of forex reversal patterns failure swing in the current trading week. At the moment, there is the potential to start upward correction in the rebound from the support line on the indicator of relative strength. NZD USD Forecast for the week July 25, 2016 — July 29, 2016 The aim of growth of quotations NZD USD on the next trading week could be the area above the level of 0.72, which indicates the completion of the formation of topping models forex head and shoulders with a continuation of the…

Read More

The currency pair USD CHF continues to trade within the descending pattern 1: 1 with a view to a potential drop below the level of 0.94. Cancellation option will be a strong growth of quotations USD CHF higher than 1.02, which indicates an increase continued US dollar against the Swiss franc pair to above the level of 1.05. Forecast FOREX USD CHF on July 25, 2016 — July 29, 2016 An additional signal for continuing drop in prices USD CHF on the next trading week testing the descending trend line on the indicator of relative strength. As you can see,…

Read More

Currency pair USD JPY failed to show a reversal from the resistance level at 105.50 hammered the area of the current trading week. However, the resistance of the downlink test the relative strength indicator is still relevant, indicating the potential continuation of the fall from these levels to below 103. USD JPY forecast for the week of July 25, 2016 — July 29, 2016 Cancellation option drop in prices USD JPY on the current trading week will break through the trend line on the indicator of relative strength, which points to continued growth The dollar against the yen in the…

Read More

The currency pair Canadian dollar against the US dollar USD CAD re-test resistance area at 1.31. A break of this level up to the next trading week points to a continuation of the growth of quotations USD CAD with potential target above the level of 1.35. USD CAD Forex forecast for July 25, 2016 — July 29, 2016 However, if the pair will not be able to update the region highs above 1.33 level, it could trigger a drop in prices USD CAD in the area below the level of 1.28, followed by a fall to the level of 1.25.…

Read More

Quotes BRENT crude oil will continue moving downwards and the current trading week, oil prices fall finish. at the moment has the potential to continue fall within the completion of work on a broken triangle model in order to reduce at a level below the area of 44 — 42 per barrel. Forecast BRENT oil for the week July 25, 2016 — July 29, 2016 Cancellation option BRENT continuation of falling of quotations could be a strong increase in oil prices and a penetration level of 52 dollars per barrel, which could trigger an attempt to increase and upgrade the…

Read More

Currency pair Australian dollar AUD USD finished the current trading week of the fall, as we have long been contacted in the last forecast. At the moment, there is potential for upward correction attempts within the test line support on the indicator of relative strength. AUD USD forecast for the week July 25, 2016 — July 29, 2016 However, the test is still room for a drop in prices USD AUD, so at the beginning of the next trading week is expected to attempt to drop a pair of Australian dollar against the US dollar to below 0.74, where you…

Read More

Currency pair pound dollar GBP USD finished the current trading week down, but now on the daily chart, the pound has the potential to start growing as part of an inverted head and shoulders pattern. The purpose of working out such a model in the chart GBP USD is the area above the level of 1.40. GBP USD Forecast Pound Sterling 07/25/2016 — 07/29/2016 Cancellation option will drop in prices of the pound against the US dollar below the level of the right shoulder of 1.28, which indicates the abolition of options mining bullish head and shoulders patterns, and point…

Read More

Currency pair EUR USD finished the current trading week of the fall. At the moment, there is potential for growth in the beginning of the area above the level of 1.15 as early as next week’s trading. The signal in favor of the development of the stock is EUR USD acts forming bullish wave pattern Wolfe, that presupposes an attempt to buy the euro against the US dollar with a close stop loss. EUR USD forecast Euro exchange rate July 25, 2016 — July 29, 2016 Cancellation hurt working out such a model would be a drop in prices EUR…

Read More

Currency pair EUR GBP is trading within an inverted head and shoulders pattern with a potential target of growth above the level of 0.85. Cancellation option EUR GBP quotes growth will fall below the level of 0.8320. EUR GBP forecast Euro Pound on July 22, 2016 An additional signal favor growth continued testing the rising trend line on the indicator of relative strength, that already indicates the potential growth from current levels. EUR GBP forecast Euro Pound on July 22, 2016 suggests an attempt to increase within the framework of completion of work on the model of an inverted head…

Read More