Technical Analysis and Forex Forecast EUR/JPY — June 27, 2016 Currency, the euro the yen on news background continues to develop the third wave decline the trend down. The purpose of the wave at the level of 108.60. do not exclude the tension to a level of 106. Next on the line is expected to start the correction to return to the level of 122, the review Daily FOREX Analysis and NEWS — June 27, 2016. Technical Analysis and Forex Forecast GBP/JPY — June 27, 2016 Currency pair pound yen on news background has fulfilled the purpose of the local…
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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 USD CHF Franc dollar continues firmly to test the lower boundary of the rising channel pattern 5-0. USD CHF Forecast dollar — June 22, 2016 USD/CHF Cancellation option quotes growth will drop the pair below the 0.9520 level that will trigger continued to fall below the level of 0.9500. We continue to keep buying the dollar against the franc with a close stop. Increase the amount of purchases only after the price breaks the level of 0.97. USD CHF Forecast dollar — June 22, 2016 suggests an attempt to start growing within 5-0 working out bovine model in…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to trade within the framework of the formation of topping model Forex double top. NZD USD forex forecast — June 22, 2016 At the moment, the pair quotes reached a local maximum level. There are still risks falling within the beginning of mining forex reversal patterns. An additional signal in favor of the fall is the test of the descending trend line on the indicator of relative strength, which also involves the reduction of quotations already NZD USD from current levels. Cancellation option will be…
Quotes Gold XAU USD continues to trade within the forex reversal mining model head and shoulders. GOLD target of the fall is the area at the level below 1240. XAU USD forecast gold price — June 22, 2016 Cancellation option will be a strong increase in prices for gold above the level of 1300 in this case is expected to continue growth XAU USD quotes in the area at a level above the local maximum. Increase the amount of sales is worth the price breaks the level of 1275. XAU USD forecast gold price — June 22, 2016 suggests a…
Quotes of WTI crude oil also traded in line with expectations. To date, there has not been testing the upper limit of the downward channel, but there is a test downward trend line on the indicator of relative strength, which implies a drop of WTI oil prices since these levels. Forecast oil price WTI — June 22, 2016 Cancellation option can be strong price growth and oil prices above the $ 51 per barrel. But do not rule out a test version of the top model boundaries 5-0 and only then continue to fall to below 46 dollars per barrel.…
Quotes of the dollar yen currency pair USD/JPY continues to trade near the level of the local minimum. Currently we should expect continuation of falling USD JPY in the framework of the descending pattern 1:1 with a potential target of the fall to below 103. USD JPY FOREX forecast — June 22, 2016 Cancellation option of falling of quotations of the dollar against the yen will be strong growth above the level of 105, which can provoke a continuation of growth in the area above the level 106. An additional signal in favor of the fall is the test of…
The currency pair Canadian dollar against the US dollar USD/CAD continues to trade within the framework of the formation of inverted head and shoulders pattern. USD CAD forex forecast — June 22, 2016 We should expect the fall of Canadian quotations attempt to level 1.2750, where one can try to buy the USD CAD and costs to expect the beginning of growth in the area above the level of 1.34. Cancellation option of forming an inverted head and shoulders pattern will fall in the Canadian dollar quotations below the level of 1.26, which will continue to fall below the level…
Quotes BRENT crude oil traded entirely within expectations and our forecast of oil prices. At the moment, there is the potential to continue fall BRENT prices. Forecast BRENT oil price — June 22, 2016 As you can see, the values of the relative strength indicator test downward trend line that can cause a drop since the current levels. Quotes have not reached the upper border of the channel, and now we cannot talk about the completion of the 5-0 model. Alternatively, we should expect the test the upper boundary of the channel, and only after that the quotes to continue…
Currency pair Australian dollar against the US dollar AUD USD continued its upward movement, contrary to expectations. At the moment, there is the potential for the formation of a forex model broadening formation. AUD USD dollar exchange rate forecast — June 22, 2016 The purpose of the fall of quotations AUD USD is the area on the level below 0.72. Cancellation option quotations falling AUD/USD will be strong growth of the pair above the level of 0.75550, which will lead to the abolition of the model and trigger the growth of the Australian dollar prices. We are trying to sell…
Currency pair pound dollar GBP USD shows strong growth in the referendum BREXIT expectations. At the moment, the pair quotes have reached the level of resistance, and we can expect the beginning of falling in the area at the level of 1.44. GBP USD Forecast Pound — June 22, 2016 Most forex brokers have closed trade in pairs with a pound or else shoulder the size changed to the downside, making it difficult to trade the pound with such conditions. It is necessary to wait for the completion of the decision on the referendum BREXIT June 23, and after that…