Currency pair pound dollar GBP USD continues to trade within the descending pattern 5-0, on the one hand is expected to continue falling pound quotations within a mining model, with the potential to reduce the level below 1.26. GBP USD Forecast Forex July 18, 2016 — July 22, 2016 On the other hand there is the potential for the formation of an inverted head and shoulders pattern that will indicate an attempt to turn the pound against the US dollar. To complete this model, it is important to see the continuation of falling of quotations GBP USD to below 1.31,…
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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.
The pair AUD USD Australian Dollar continues to trade under pressure due to test the descending trend line on the indicator of relative strength. At the beginning of the next trading week of July 18, 2016 — July 22, 2016, we expect the beginning of falling from the current levels. AUD USD forecast for the week July 18, 2016 — July 22, 2016 Potential purpose of completing the area below the level of 0.73 with a high probability of continuing USD AUD quotations drop to below 0.72. We continue to hold the sale AUD USD with a close stop loss.…
Quotes BRENT crude oil continue to test the area at $ 47 per barrel. At the beginning of the next trading week of July 18, 2016 — July 22, 2016, we expect an attempt to fall in oil prices in the framework of the completion of the uptrend. Forecast BRENT oil for the week July 18, 2016 — July 22, 2016 As you can see, the trend line is broken, and for completion of the current trends it is important to see a breakdown of the level of $ 46 per barrel, which will point to a continuation of the…
The currency pair Canadian dollar against the US dollar USD CAD is still trading within the triangle model. On the last trading week, we saw attempts nailed model. USD CAD Forex forecast for July 18, 2016 — July 22, 2016 At the beginning of the next trading week on the Forex pair USD CAD, we expect growth to attempt at 1.31, with a potential breakdown region of the upper boundary of the channel, and the development of an upward movement within the mining model triangle. However, if the test area 1.3050 and started falling, we can get a form reversal…
Currency pair USD JPY showed strong growth in the last trading week and reached resistance area at 105.50. Currently, there are risks to see a drop in prices USD JPY is already at the beginning of the new trading week of July 18, 2016 — July 22, 2016 in the rebound from the trend line on the indicator of relative strength. USD JPY forecast for the week of July 18, 2016 — July 22, 2016 The purpose of the fall of quotations pair Dollar Yen is the area on the level below 103.50, from which we can expect the beginning…
The currency pair USD CHF continues to trade within the descending pattern of 1:1. The pair is currently testing the area of the upper boundary of the descending channel, where we can expect the beginning of falling. Forecast FOREX USD CHF on July 18, 2016 — July 22, 2016 The closest target is the area below the 0.9680 level, where there is the potential for the formation of reversal pattern on the head and shoulders continuation of falling further down in the area below the level of 0.94. Cancellation option of continuing drop in prices USD CHF will break through…
The pair NZD USD New Zealand dollar showed a drop of the local maximum level. At the current trading week is expected to continue falling quotes NZD USD within the mining model bearish Wolfe wave with a potential target of the fall below the level of 0.66. NZD USD Forecast for the week July 18, 2016 — July 22, 2016 Cancellation option will be a strong growth of quotations NZD USD higher than 0.73, which indicates the potential growth further. We continue to keep selling the currency pair New Zealand dollar against the US dollar and are ready to increase…
Quotes Gold XAU USD correction shown in the previous trading week. At the moment, there is the potential for the test area above the level of 1350, where we can expect the beginning of falling within the mining forex reversal patterns. XAU USD forecast for the week July 18, 2016 — July 22, 2016 XAU USD Cancellation option will drop the quotes to continue strong growth and penetration level of local high above the area in 1390, which points to a potential growth further up. With the breakdown of the level of 1310 is expected to accelerate XAU USD quotes…
Currency pair USD CHF Franc Dollar continues moving upwards. Additional forex signal in favor of the continuation of growth of pair stands the test rising trendline on the Relative Strength indicator, which indicates the continued growth of quotations USD CHF in the area above the local maximum level. FOREX Forecast USD CHF Frank on July 18, 2016 Cancellation option can be break of trend line on the indicator RSI, which will point to a reversal of the current trend and the continued drop in prices pair usd chf to below 0.97. FOREX Forecast USD CHF Frank on July 18, 2016…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to fall within the mining bearish Wolfe wave model. We continue to hold the sale of a currency pair and try to build up as the fall of quotations NZD USD. NZD USD Forecast New Zealand Dollar on July 18, 2016 Cancellation option will be strong growth in the New Zealand dollar above the level of 0.74, which points to continued growth in the region above the level of 0.75. The aim of working out a model NZD USD is the area on the level…