Quotes Gold XAU/USD showed strong growth, contrary to expectations. However, to date there are still risks of falling prices of gold in the next trading week in an area below the 1240. XAU USD Forecast June 27, 2016 — July 1, 2016 XAU USD Cancellation quotations falling variant will break through the 1340 level of closing prices, in this case, is expected to continue rising prices for gold in the area above level of 1400. there is also the potential for the formation of topping models forex head and shoulders, which also indicates the further drop in the price of…
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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.
The currency pair New Zealand Dollar NZD/USD still managed to show a drop in the framework of working out a bearish wave pattern Wolfe. The purpose of the fall of the New Zealander quotations on the next trading week is the area at a level below 0.66. Forecast NZD USD June 27, 2016 — July 1, 2016 Cancellation option will be the fall of the strong growth of quotations NZD USD above 0.7260 level. An additional signal in favor of the fall is the formation of topping forex head and shoulders pattern on the chart, to complete a model, you…
The currency pair USD/CHF, as expected, was able to show an upward movement within the mining bovine model 5-0. At the moment, there is potential for further downward movement within the 1:1 model with the potential to reduce the level below 0.91. Forecast USD CHF June 27, 2016 — July 1, 2016 This correction for the pair USD CHF can lead to the formation of topping forex head and shoulders pattern on the continuation of the fall. Cancellation option falling dollar currency pair quotes franc on the next trading week can become a strong growth above the level 0.9980, which…
Currency pair USD/JPY continued to fall in line with expectations and our daily forecasts USD JPY. At the moment, there is the potential for the growth of quotations of the dollar, the yen within mining bullish wave pattern Wolfe. USD JPY Forecast June 27, 2016 — July 1, 2016 The aim of this growth can be a level above 115. Cancellation option will be a strong drop in prices USD/JPY in the area below the level of 100, which can cause falling of pair even lower to below 95. An additional signal in favor of the pair USD JPY growth…
Quotes of WTI crude oil also showed a drop in the current trading week. As you can see, the price tested punched trend line and were able to push off from it. Forecast WTI oil prices June 27, 2016 — July 1, 2016 The confirmation of the downward trend will drop WTI quotations below $ 47 per barrel. In this case, the local minimum level of upgrade will be the first signal for the continuation of the downtrend Cancellation option quotations fall and for WTI crude oil prices will be strong growth above the level of $ 53 per barrel.…
The currency pair Canadian Dollar to US dollar USD/CAD showed an increase in the framework of working out bovine model 5-0, as we wrote in the last forecast of the Canadian dollar on the week. USD CAD Forecast June 27, 2016 — July 1, 2016 At the moment there is a potential for continued growth. After the price breaks the upper boundary of the triangle model is expected to accelerate the current trend with the potential target at a level above 1.35. Cancellation option could be a drop in prices USD CAD model and return inside the triangle, in this…
Quotes of oil BRENT obscurities were not able to update the current trading week, the area of a local maximum. As we expected in the last forecast of oil prices, BRENT quotes after the correction start falling. Weekly Forecast BRENT oil June 27, 2016 — July 1, 2016 At the current trading week is expected to attempt to break through the level of the local minimum and to continue the development of the downward trend in oil. Cancellation of such an option could be a strong increase in quotes above the level of 55 dollars per barrel, which will lead…
Currency pair Australian dollar AUD USD is also completing the current week a serious fall. At the moment, there is the potential for the formation of reversal pattern head and shoulders. AUD USD Forecast June 27, 2016 — July 1, 2016 To complete the model you want to see the growth of quotations USD AUD in the area above the level of 0.75, where is trying new tight stop sales. Cancellation option formation and start mining model will be a strong increase in the Australian dollar quotes above level 0.7680. In this case, we should expect continued growth in the…
Currency pair pound dollar GBP USD showed a serious fall and was able to establish a 31-year low. However, we can not definitely say the continuation of falling of quotations pound against the dollar in the long term. GBP USD Forecast June 27, 2016 — July 1, 2016 At the moment, there is the potential for the formation of the descending pattern 5-0. To complete the formation of such a model, you need to see the test level 1.4270, where one can try to sell the pound against the US dollar. A potential target of the fall is the area…
Currency pair EUR USD ends the week down after the current decision of England to withdraw from the EU structure. However, this reduction was laid down by us in Euro dollar forecast for a week, and nothing unusual we have not seen in this fall. EUR USD Forecast June 27, 2016 — July 1, 2016 At the moment, there is potential for growth in the beginning of the euro, the dollar quotations within mining bullish wave pattern Wolfe with the upside above 1.1560 level. Cancellation option EUR USD continued growth of quotations could be a drop below 1.0850, which will…