The currency pair Canadian dollar against the US dollar USD CAD continues to move in line with expectations and at the moment there is a potential for continued growth within the mining forex inverted head and shoulders pattern on the indicator of relative strength. FOREX forecast and technical analysis USD CAD on November 11, 2016 The aim of growth of the Canadian dollar quotations is the area above the level of 1.35 with potential test 1.37 levels. Once again, we try to buy the pair with the tight stop. FOREX forecast and technical analysis USD CAD on November 11, 2016…
Author: forex24pro
Quotes of WTI crude oil continues to move in the development of a downward correction. At the moment, the pair quotes tight test area of the upper boundary of the descending channel, where we can expect an attempt to fall to below 43 dollars per barrel. WTI crude oil forecast and analyst on November 11, 2016 In the case of growth of quotations of oil above the $ 46 price, is expected to start an ascending correction of oil in the area above the level of 50 dollars per barrel. WTI crude oil forecast and analyst on November 11, 2016…
Currency pair Australian dollar against the US dollar AUD USD continues to move in the forex Wolfe wave model in order to reduce to below 0.7480 area. Cancellation option will increase in a strong pair of quotes above level 0.7770, which will indicate the model and the potential abolition of the continued growth of quotations pair USD AUD. We try to sell the pair with the tight stop. Technical analysis and forecast of USD AUD on November 11, 2016 Moreover now it has the potential to fall already within the forex reversal patterns of Head and Shoulders. Technical analysis and…
Currency pair pound dollar GBP USD continues to move in the descending channel and currently has the potential to test the upper boundary of the channel and the beginning of fall in the framework of the descending forex 5-0 models in order to reduce the level below 1.18. Forecast Forex Pound Sterling GBP USD on November 11, 2016 Cancellation option will be a strong growth of the pound against the dollar beyond the channel that will point to a continuation of the correction. In favor of the fall will also act as the breakdown of the trend line on the…
Currency pair EUR USD Euro Dollar continues moving inside the descending pattern 5-0 for the purpose of falling below the level of 1.0750, but even in this area there is the potential for the beginning of growth within the mining bullish wave pattern Wolfe. Forecast EUR USD Euro Dollar on November 11, 2016 However, until a local minimum is not updated, we can expect decline in the euro against the dollar quotations, moreover, the value of the indicator of relative strength has not yet reached critical levels, to expect the beginning of a strong upward correction for the EUR/USD. Forecast…
Currency pair USD CHF Franc Dollar keeps moving inside the rising channel bovine model 1:1 in order to rise above the level of 1.01. We continue to increase the volume of purchases of the pair with a close stop. Cancellation option will drop in prices of the rising channel’s lower border, which will point to the continued decline in the area below the level of 0.9550. USD CHF Dollar Frank forecast on November 9, 2016 The growth also favor the formation of the model appears very similar to the reversal Forex figure head and shoulders. USD CHF Dollar Frank forecast…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in the formation of the descending wave Wolfe with a view to fall below the level of 0.7050. We have to keep selling the pair with the tight stop and are ready to increase the volume of sales of NZD USD as of the fall. NZD USD Forecast and Forex analyst on November 9, 2016 Cancellation option will be a strong pair of quotes growth above the level of 0.74, which indicates the likely correction higher. An additional signal in favor of a…
Quotes Gold XAU USD continued development of the fall and at the moment there is a potential for development of rapid reversal forex head and shoulders pattern with a view to fall below 1250. Cancellation option will be a strong growth of quotations and price of gold above the level of 1295, that likely to test the upper boundary descending channel. XAU USD Forex Forecast Gold price on November 9, 2016 We continue to hold the sale and understand all of the risks the US presidential election results, which could trigger a collapse in gold prices in case of victory…
Quotes of the dollar yen currency pair USD JPY continues to trade in the framework of the formation of bullish wave pattern Wolfe, for the completion of the model it is important to see a drop in prices below the level of 102.50, where you can try to buy the pair with the tight stop. An additional signal in favor of the fall is the test of the descending trend line on the indicator of relative strength, it also points to the decline. USD JPY Forecast the dollar yen on November 9, 2016 Cancellation option will be a strong growth…
Quotes of WTI oil went into an upward correction due to a slight separation of State Hillary Clinton at the start of the US presidential election. However, from a technical point of view quotes in an attempt to look like a continuation of falling within the framework of the completion of the descending pattern Wolfe waves for the purpose of falling below the level of 40 dollars per barrel. WTI crude oil forecast for November 9, 2016 Cancellation option will be a strong growth above the level of 48 dollars, which will point to a continuation of upward correction. WTI…