The currency pair USD CHF continues to test the area of a local maximum. To date, the value of the relative strength indicator again testing the resistance line, which suggests an attempt to drop to below the level of 0.98, followed by the development of a downward movement. Forecast Swiss Franc USD/CHF on July 22, 2016 Cancellation option drop in prices USD CHF will be strong growth and penetration level of 0.9970, which points to continued growth and a downward cancel 1:1 model with a daily chart of the Swiss franc. Forecast Swiss Franc USD/CHF on July 22, 2016 suggests…
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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.
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD could update the lows, but in the near future we expect an attempt upward correction in the area above the level of 0.71. Forecast New Zealand Dollar NZD/USD on 07.22.2016 Cancellation option can be a continuation of falling of quotations NZD USD below 0.6950, it will point to the continued reduction and refinement bearish Wolfe wave model. An additional benefit of the start signal upward correction in favor formation of inverted head and shoulders pattern on the display indicator RSI. Forecast New Zealand Dollar NZD/USD on…
Quotes Gold XAU USD failed to break through the lower boundary of the rising channel, but in the near future has the potential for continued growth in the rebound from the support line on the indicator of relative strength. Forecast gold prices XAU/USD on July 22, 2016 Cancellation option continued growth of quotations XAU USD will be strong fall in gold prices below the level of 1310, which points to a continuation of the fall to below the level of 1270. The purpose of growth is the area of higher than 1350. Forecast gold prices XAU/USD on July 22, 2016…
Quotes of the dollar yen currency pair USD JPY continued to rise, contrary to expectations. However, at the moment there is a potential for the continuation of falling of pair within the mining forex reversal patterns failure swing on the indicator of relative strength. Forecast Japanese Yen USD/JPY on 22/07/2016 The purpose of the fall and testing of such a model is the area below the level of 10.80. Cancellation option drop in prices USD JPY will be a strong growth of the pair above the level of 107, which indicates the continuation of growth of pair to 108. We…
The currency pair Canadian dollar against the US dollar USD CAD continued to grow, but it is worth remembering about the test downward trend line on the four-hour chart the pair that could provoke the fall of quotations USD CAD to below 1.30. Forecast USD/CAD Canadian Dollar on July 22, 2016 An additional benefit of the fall is the signal of a reversal pattern forming head and shoulders on the hourly chart of the Canadian dollar. However, try to sell only after the neckline breakdown below 1.3030 area. Cancellation option drop in prices USD CAD will be strong growth above…
Quotes BRENT crude oil continues to test resistance area near the level of 47.50 dollars per barrel. We continue to hold the sale of oil and still expect to try working out a broken triangle pattern on the chart. OIL price forecast BRENT on July 22, 2016 An additional signal in favor of attempts to continue falling again testing the descending trendline on the Relative Strength indicator, which indicates the continuation of falling of quotations BRENT already from current levels. Cancellation option of falling oil prices will be strong growth and penetration of the field 52 dollars per barrel, which…
Currency pair Australian dollar against the US dollar AUD USD continues to decline in line with expectations. At the moment, there is potential for development of the descending pattern is 1:1 with a view to a potential fall in the level below 0.74 area. AUD USD Forecast Australian Dollar on 07/22/2016 Cancellation quotations falling variant AUD USD pair will be strong growth and penetration level of the upper border of the channel, which will point to the abolition of the mining model. In case of breaking through the upper boundary of the channel is expected to develop a full-fledged upward…
Currency pair pound dollar GBP USD continues to trade within the reversal of force model head and shoulders. From current levels we can expect continuation of falling of pair of quotes in the area below the level of 1.28, due to the rebound from a broken neck line reversal pattern. GBP USD Forecast pounds on July 22, 2016 Cancellation option of continuing the pair GBP USD will fall the strong growth of the pound against the US dollar above the level 1.3340, which will point to a continuation of the upward movement in the area above 1.35. GBP USD Forecast…
Currency pair EUR USD continues to test the support area at 1.10. In previous projections, we have assumed a continuation of the fall of the euro quotations, but at the moment on the hourly chart EUR USD has the potential for growth of pair within the mining bullish wave pattern Wolfe for the purpose at a level above 1.1120. Forex forecast of the euro dollar on July 22, 2016 Cancellation option mining model will drop the currency pair EUR USD quotes 1.0980 below the level that will trigger continued to fall below the level of 1.09. Forex forecast of the…
Currency pair EUR USD continues to trade within expectations and our forecast of the euro against the dollar tomorrow. Currently we should expect the continuation USD EUR fall within the completion of the descending pattern with the target of the fall 5-0 at below 1.09. EUR USD Forecast Euro dollar exchange rate on July 21, 2016 Cancellation option will drop the pair strong growth of quotations EUR USD above the 1.1190 level. An additional signal in favor of the completion of the fall can be a test of the support line on the indicator of relative strength, but on the…