Currency pair pound dollar GBP USD failed to break through the upper boundary of the descending pattern is 1:1 and went on to develop upward correction. At the moment, there is the potential to complete the formation of a bearish pattern 5-0 to reduce the pound below 1.25. Forex GBP/USD forecast pounds on July 14, 2016 Cancellation option will be a strong growth of quotations of the currency pair GBP USD higher than 1.36, which indicates a potential reversal of the pair. An additional benefit of the fall is the signal of the test values relative strength indicator resistance area,…
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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 Australian dollar against the US dollar AUD USD continued its growth and was able to upgrade the region highs. However, the quotation AUD USD continues to move in the bearish Wolfe wave model. The purpose of the fall is the area on the level below 0.7340. AUD/USD Forecast Australian Dollar on July 14, 2016 The immediate goal of reducing can select an area near the level of 0.7450. Cancellation option of falling of pair AUD USD will be strong growth and penetration level of 0.77, which could trigger further growth. We continue to hold the sale and ready…
Quotes BRENT crude oil could go back inside the triangle model, however, has not yet overcome the top, so we can talk about the abolition of options with the continuation of falling oil prices BRENT. OIL price forecast BRENT on July 14, 2016 To date, an additional signal in favor of the oil price fall is the test of the descending trend line on the indicator of relative strength, it also points to the drop in oil prices in the region at a level below 44 dollars per barrel. Cancellation option will make the fall BRENT strong growth in the…
The currency pair Canadian dollar against the US dollar USD CAD is still trading within the triangle model. We did not see the continued growth of Canadian, currently quotations currency pair USD CAD is testing the upper boundary of the model that still assumes continued growth in the region above the level of 1.32. USD/CAD Canadian Dollar Forecast on July 14, 2016 Cancellation option will drop the pair quotes the US dollar to the Canadian dollar below the level of 1.28, which points to a continuation of the fall to below 1.25. An additional signal for continued growth in USD…
Quotes of the dollar yen currency pair USD JPY showed strong growth in the area above the level of 104.80. At the moment, we can expect continued growth of quotations USD JPY in the area above the level of 105.50, where correction is expected to start within the forex pivot head and shoulders pattern, and only after that you can try to buy the pair with the tight stop. USD/JPY Forecast Dollar Yen on July 14, 2016 In one of the previous reviews we expected the yen forming bullish patterns with potential target mining Wolfe waves higher than 120, it…
Quotes Gold XAU USD continues to trade in line with expectations and at the moment is to wait for test level near 1310. XAU/USD forecast for the price of gold on July 14, 2016 An additional forex signal in favor of the continuation of falling of quotations serves XAU USD shedding uptrend line on the indicator of relative strength, which implies a continuation of falling and a similar test line on the chart prices at a level below 1300. Cancellation option working out a trade ideas will be strong growth XAU USD quotes in the area above the level of…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to trade within a bearish pattern Wolfe waves. NZD/USD New Zealand Dollar Forecast on July 14, 2016 The purpose of the fall is the area below an area of 0.7050. Cancellation option will be strong growth in NZD USD quotes and penetration level of 0.74. Additional forex signal in favor of the continuation of the falling NZD USD testing the descending trend line on the indicator of relative strength, which implies fall in the New Zealand dollar since the current levels. We continue to hold…
Currency pair USD CHF Franc the dollar continued to rise. At the moment, there is potential for further growth of the pair in the frame of completion of work bottom-up, 5-0. USD/CHF forecast for the Swiss Franc on July 14, 2016 As you can see, the pair USD CHF is not ready to fall from current levels, and we expect continued growth, then the test area above the level of 0.9950, where we can expect the beginning of reduction. Cancellation option of falling of pair usd chf will be a strong growth of quotations USD CHF higher than 1.01, which…
Technical analysis and forecast FOREX EUR/JPY on July 13, 2016 Currency pair EUR/JPY, trading at a rise in pressure. Consider the opportunity to test the upper limit of the consolidation range. Next, we are expected to decline to the lower limit at 110.80. The main scenario in the overlap level of 108.60, the review Analysis FOREX and NEWS July 13, 2016. Technical analysis and forecast FOREX GBP/JPY on July 13, 2016 Currency pair pound JPY GBP/JPY, trading at a rise in pressure. Consider the possibility of overlap 135.52 level. Further reduction of the level of refinement of 129. The main…
Trading Signals EUR/NZD on July 13, 2016 The currency pair Euro New Zealand Dollar EUR/NZD closed yesterday’s trading session reversal pattern called “rail”. The pattern formed on the level of support for the descending channel, this means that we should not expect it from turning. Most likely will continue to roll back the price will continue to move down the trend, the review Forex trading signals on 13 July 2016. Trading Signals GBP/USD on July 13, 2016 The currency pair Pound to Dollar, Pound continues to restore its position in relation to all currencies. Against the dollar the most probable…