Quotes Gold XAU USD continues to fall. At the moment, we can talk about the formation of the bullish pattern of 1:1 in order to continue the growth XAU USD. XAU USD price forecast for gold on July 18, 2016 To complete this model, it is important to see the test level in 1310, from where you can expect the beginning of growth of gold prices. Unfortunately, and breaking the uptrend line on the display relative strength did not happen, and now it appears support, which also points to a potential rebound. Cancellation option of rising prices for gold can…
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.
Quotes of the dollar yen currency pair USD JPY tested the resistance area at the level and at the moment has the potential to start falling in the limits of formation of inverted head and shoulders pattern. USD JPY Forecast Japanese Yen on July 18, 2016 To complete this model quotations pair USD JPY is necessary to show a drop to below the 104.40 level, where we can expect the beginning of growth in mining within the inverted head and shoulders pattern with a potential target of the level above 110. Cancellation option of forming a head and shoulders pattern…
The currency pair Canadian dollar against the US dollar USD CAD continues to trade within a large triangle pattern. At the moment, the pair quotes pushed off from the support and we can expect continued growth of quotations USD CAD to the level above the local maximum. Technical Analysis USD CAD and forecast July 18, 2016 Cancellation option continued upward movement by the Canadian will be a drop in prices USD CAD below 1.28, which points to a continuation of the fall to below 1.25. An additional benefit of the fall signal will test the descending resistance line on the…
Quotes BRENT crude oil back into a triangle model, but the potential to continue fall from current levels is maintained. An additional signal in favor of the continuation of falling of quotations BRENT acts of resistance downlink test the relative strength indicator, which also suggests a drop in oil prices in the near future. OIL price forecast BRENT on July 18, 2016 We hold a deal to sell close to the table and ready to record losses above the level of 48 dollars per barrel. Cancellation of the same variant of the triangle mining model can become a strong rise…
Currency pair Australian dollar against the US dollar AUD USD is still trading within the descending pattern Wolfe waves with the potential aim of improving on the level below 0.7260. AUD USD Forecast Australian Dollar on July 18, 2016 Cancellation option will be the mining model strong growth of quotations AUD USD 18 July 206, the higher the level of 0.77, which indicates continued growth en pair Australian dollar against the US dollar. We continue to hold the sale and try to increase the volume of sales of the litter fall. An additional signal in favor of the USD AUD…
Currency pair pound dollar GBP USD continues to trade within the descending pattern. As you can see, the quotes pound has gone down, but at the moment there is a potential for the development of ascending correction GBP USD is already July 18, 2016 in the area above the level of 1.280 for the completion of the formation of topping forex head and shoulders pattern on the continuation of the fall. GBP USD Forecast Pound against the dollar on July 18, 2016 Cancellation option working out such a model on the currency pair pound against the US dollar will be…
Currency pair EUR USD continues to trade in line with expectations and our forecast EUR USD for tomorrow. At the moment, we are seeing a continuation of the fall in the framework of the descending pattern with 5-0 potential target falling euro against the US dollar to below 1.09. EUR USD Euro forecast FOREX July 18, 2016 Cancellation option will be a strong growth of quotations EUR USD above the 1.1180 level, which indicates an increase in the likely pair above the level of 1.14. We continue to hold euros sales in the rebound from the downward trend line on…
Forex Technical Analysis and Forecast EUR/JPY on July 18, 2016 Currency pair EUR/JPY, almost formed another matrix growth. Thus the market has designated range consolidation. With the breakdown lows consider the possibility of reducing the level of 114.92. With upward breakdown consider the possibility of extension to the level of 122.55 Alternatively, the review FOREX Daily Analysis and NEWS on July 18, 2016. Technical analysis and forex forecast GBP/JPY on July 18, 2016 Currency pair GBP/JPY, has almost completed the wave of growth. Today we consider the possibility of reducing the level of 136.23. Next, consider the possibility of a…
Trading Signals EUR/CHF on July 18, 2016 Currency Euro Franc pair EUR CHF daily chart forms a figure of trend continuation “flag”. Considering that after the fall of the euro is gaining strength against other currencies, when developing this figure upside price can reach the resistance level of 1.1037, the review Forex trading signals on July 18, 2016. Trading Signals USD/CAD on July 18, 2016 The currency pair Canadian Dollar gradually regains the position of the American dollar. On the four hour chart clearly visible figure of the inverted flag. mining potential may well be at the level of 1.2828,…
The currency pair USD CHF continues to test resistance area in the form of the upper boundary of the descending channel on the daily chart the pair USD CHF. currently has the potential to start forming a reversal pattern Forex Head and Shoulders. FOREX Forecast USD CHF on July 15, 2016 To complete a model, you need to see the test level 0.9870, where one can try to sell the pair USD CHF. Cancellation option working out head and shoulders pattern and development of fall will break the level 0.9900, which will point to continued growth. FOREX Forecast USD CHF…