Quotes BRENT crude oil continue moving downwards and at the moment has the potential to continue falling, as oil prices have failed to show a reversal in the framework of the beginning of the mining model, forex inverted head and shoulders on shorter periods of time. Analysis and forecast of oil prices BRENT on November 9, 2016 Cancel model may indicate a continuation of the reduction with a view to below $ 45 per barrel. We continue to hold the sale of oil and are ready to increase aggressive sales with the development of a fall. Analysis and forecast of…
Author: forex24pro
The currency pair Canadian dollar against the US dollar USD CAD continues to test the region close punched channel. To date based on the online broadcast US presidential elections, Hillary Clinton wins, this option assumes oil price increase attempt, therefore, Canadian prices may downtrend. However, we try to buy the pair from the support level, but at the same time do not rule out an attempt to trend upward line test on the indicator of relative strength, and only then to continue the growth of quotations of the pair. USD CAD Forecast Canadian Dollar on November 9, 2016 USD CAD…
Currency pair Australian dollar against the US dollar AUD USD continues to move in line with expectations, the moment is preserved for potential falling of pair of quotes within the beginning of the descending pattern head and shoulders with a view to fall below the level of 0.7450. Cancellation option will be a strong growth of quotations USD AUD and update the area of a local maximum. AUD USD Forecast Australian Dollar on November 9, 2016 An additional signal in favor of the falling Australian dollar quotations stands the test downward trend line on the indicator of relative strength. We…
Currency pair pound dollar GBP USD continues to downtrend and is currently with the successful breakdown of a rising trend line is expected to attempt to drop a pair of quotes in the area below the level of 1.2150. Cancellation option will be a strong growth area for quotations and update the local maximum, but in this case, to turn around the trend it is important to see the growth of quotations of the pound against the dollar above the level of 1.2700, and that as a result of the US election was won by Donald Trump. GBP USD Forecast…
Currency pair EUR USD EUR USD continues to trade within a descending forex model 5-0 for the purpose of falling below the level of 1.0850. At the moment, we can expect to continue and attempt to drop in prices, the cancellation option can become a strong growth of the euro the dollar above the level 1.1175, which will point to the continued growth and development of the pair upward correction. EUR USD Forex Forecast on November 9, 2016 Moreover as a result of US presidential elections the market can get a serious rise in volatility and get direction in which…
The currency pair USD CHF continues to test dense region of the rising channel’s lower border, and at the moment has the potential to form a strong signal to buy the pair with the tight stop below the name of the head and shoulders on the indicator of relative strength. However, to complete this model, it is important to see a drop in prices pair in the region at the level of 0.9720 to the schedule could to finish right shoulder forex model. Analysis USD CHF and forex forecast on November 7, 2016 Cancellation option quotes growth of the pair…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move through the formation of a bearish pattern Wolfe waves for the purpose of falling below the level of 0.7050. However, at the moment we should not exclude an attempt to increase quotations and test the upper boundary of the model, and only then start falling New Zealand dollar quotes. NZD USD forecast New Zealand Dollar Forex on November 7, 2016 An additional signal in favor of fall comes the test the resistance line on the display ostineotln6oy force, which also involves the reduction…
Quotes Gold XAU USD continues to test the descending channel’s upper boundary forex 1: 1 model. At the moment, the pair formed the model Diamond, which can be broken down, which will point to a continuation of falling of quotations and prices of gold in the area below the level of 1265. XAU USD Forex Forecast Gold price on November 7, 2016 Cancellation option will be a strong growth of quotations and price of gold above the level of 1315, which points to continued growth prices. In favor of the fall also advocates the formation of topping models forex head…
Quotes of the dollar yen currency pair USD JPY will continue to move in line with expectations and at the moment has the potential to start the growth of quotations by the formation of inverted forex head and shoulders pattern. But do not rule out an attempt to test the lower boundary of the rising channel, where you can re-consider buying the pair Dollar Yen. Forex USD JPY Forecast Dollar Yen on November 7, 2016 Cancellation option will drop in prices below the level of 102, which indicates a continuation of the fall in an area below the 101 potential…
Quotes BRENT crude oil continued to fall and the development at the moment there are risks of falling prices of oil in the area below the level of 43 dollars per barrel in the framework of the descending forex 1:1 model. Cancellation option will yield quotations of oil outside the channel. But do not forget about the descending pattern Wolfe waves order to fall below the level of 42 dollars per barrel. Analysis and forecast of oil prices BRENT on November 7, 2016 We continue to hold the sale of oil and increase sales. Do not forget about the publication…