The currency pair Canadian dollar against the US dollar USD CAD continues to build on the areas of support in the form of broken rising channel boundaries. At the moment, we are increasing the amount of long positions on the pair with a close stop. The purpose of growth is the area at the level of 1.3450. Forecast FOREX and technical analysis USD CAD on November 7, 2016 However, it is also necessary to consider the publication of NON-FARM PAYROLLS, which can cause decrease in quotations of the pair and return inside the rising channel. Forecast FOREX and technical analysis…
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.
Currency pair Australian dollar against the US dollar AUD USD continues to test the resistance area tightly. At the moment, it formed a kind of forex failure swing pattern that indicates a breakdown below 0.7620 areas. Cancellation option will increase in quotes above the strong level of 0.77, in which case we can expect an attempt to continue the growth of quotations of USD AUD. Forex Forecast USD AUD and analysis on November 7, 2016 The purpose of the fall and mining forex 1:1 model is the area on the level below 0.75; the cancellation option will also be a…
Currency pair pound dollar GBP USD continues to develop upward correction, however, at this time the value of the relative strength indicator tight testing critical levels, suggesting reducing the pound against the US dollar quotes in the area below the level of 1.2270. Cancellation option will be the continuation of growth of pair as the area above the level of 1.2560. GBP USD forecast pounds Forex November 7, 2016 Since the beginning of the fall of quotations GBP USD will remain the potential for further development fall and the downward trend in an attempt to upgrade the area of a…
Currency pair EUR USD continues to closely test resistance area at 1.1120. Yesterday we got a bounce from this level, and now the pair formed Forex Diamond model, which can be either a reversal or continuation pattern trend. We look forward to trying to break down the model and development of the Euro falling dollar quotations for the purpose of falling below the level of 1.1030. Euro Dollar exchange rate forecast November 7, 2016 An additional signal in favor of formation of topping forex head and shoulders pattern on the indicator of relative strength, as well as the breakdown of…
Euro Trading signals EUR/USD on November 7, 2016 In this currency pair to confidently open the sale, you must wait for the upward movement above the level of 1.1125, so the recommended sales price of 1.1140, StopLoss place for the level of 1.1170, the goal of reducing 1.1030. Trading Signals Swiss franc USD/CHF on November 7, 2016 For sale at the current price (0.9745), Stoploss place of 0.9770, the goal of reducing 0.9699. Trading Signals Australian Dollar AUD/USD on November 7, 2016 For sale at the current price (0.7671), Stoploss place of 0.7700, the goal of reducing 0.7615.
The currency pair USD CHF continues to test the lower boundary of the rising channel, and at the moment there is a potential for a couple of quotations growth in the area above the level of 0.98. Cancellation option price growth will drop the pair below the 0.9690 level, which indicates the output of the rising channel and the beginning of fall. Potential same target of the rising pattern test 1.01 areas serves. USD CHF Franc FOREX forecast for November 4, 2016 We try to buy USD CHF pair with a close stop. USD CHF Franc FOREX forecast for November…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continued development of correction, but it is already possible to speak about a potential test of the upper boundary of the descending wave pattern Wolfe, indicating a potential pair of quotes falls to below 0.7050. NZD USD Forecast New Zealand Dollar on November 4, 2016 Cancellation option will be a strong growth of quotations NZD USD higher than 0.74, which points to the continued growth of quotations and a pair of upward movement. We try to sell the pair NZD/USD with a tight stop and are…
Quotes Gold XAU USD continues to attempt correction, but currently quotes firmly tested the upper limit of the downward channel. This test indicates a potential drop XAU USD quotes in the area below the level of 1270. Cancellation option will be a strong increase in gold prices and the breakdown of the upper limit of the downward channel. In this case, we should expect continued growth of quotations of gold. XAU USD Forecast Gold price on November 4, 2016 We try the tight stop sales. An additional signal testing the values of the indicator of the critical level of relative…
Quotes of the dollar yen currency pair USD JPY continued to fall, but at the moment quotes closer to the lower boundary of the rising pattern 5-0. The purpose of growth and refinement of this model is the area at the level of 106. Cancellation option couple of quotes growth dollar yen pair will drop in prices below the level of 101.50, which will point to a continuation of the fall. USD JPY Forex Forecast Dollar Yen on November 4, 2016 We close our deal to sell the pair and is staying out of the market until the test the…
Quotes BRENT crude oil continues to trade within the downward movement. At this point formed a bearish 1: 1 in order to fall below the level of 45 dollars per barrel. Cancellation option will be a breakdown of the upper boundary of the channel, which will point to the continued growth of quotations and the price of oil above the level of 49 dollars per barrel. Analysis and forecast of oil prices BRENT on November 4, 2016 We continue to hold the sale of oil and are ready to open a new business in favor of falling oil prices. Analysis…