Quotes BRENT crude oil finished the trading week of 50.67 dollars per barrel. At the moment, preserved potential for a fall in quotations within the breakdown of the trend line on the indicator of relative strength, as well as in the beginning of the mining triangle forex pattern on the indicator of relative strength. Forecast BRENT oil price on October 31, 2016 — November 4, 2016 We continue to hold the sale of oil and increase the amount of short positions on crude oil, the cancellation option will BRENT strong growth of quotations above the local maximum level that points…
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.
The pair AUD USD AUD closed the week at 0.7594. currently quotes pair continues to trade within the forex triangle patterns. There remains potential for further reduction of quotations couple sample the lower boundary of the model triangle that points to the continued decline in the area below the level of 0.72. AUD USD Forecast on October 31, 2016 — November 4, 2016 Cancellation option will be a strong growth of quotations AUD USD higher than 0.77, which points to the breakdown of the upper limit of forex model, this option indicates the continuation of an upward trend. AUD USD…
Currency pair pound dollar GBP USD finished the current trading week at 1.2185. At the moment, the pair continues to trade within a descending trend. In favor of the fall of quotations of the dollar against the pound testing the breached support line on the indicator of relative strength. The purpose of the fall of quotations GBP USD may be a region at a level below 1.15 area. GBP USD Forecast on October 31, 2016 — November 4, 2016 Cancellation option of falling of pair on the next trading week will be a strong growth of the pair above the…
Quotes of WTI crude oil ended the trading week at $ 48.89 a barrel. At the moment, preserved potential for falling oil quotations within start working out a bearish wave pattern Wolfe with a view to fall below the level of 36 dollars per barrel. In favor of this option and reduce the quotations and prices for WTI crude oil on the next trading week trend line acts as a breakdown on the relative strength indicator, which indicates a breakdown on the chart a similar line. Analysis and forecast of oil WTI prices on October 31, 2016 — November 4,…
Currency pair EUR USD closed the week at 1.0984. At the moment, there is the potential for the formation of the descending pattern forex 1:1 in order to fall below the level of 1.07. We should expect an attempt to test the upper boundary of the model, and a new attempt to fall. We continue to hold the sale of the euro dollar, but quotations leaves the descending channel cancels the option to drop. EUR USD Euro Dollar Forecast on October 31, 2016 — November 4, 2016 An additional signal in favor of the falling euro, the dollar next week’s…
The currency pair USD CHF continues to test the support area, but the quotes are gone into the development of a downward correction. USD CHF Forecast Swiss Franc on November 1, 2016 In favor of the continued growth of quotations of dollar pair Frank enters the test rising trendline on the Relative Strength indicator, however, if the pair will not be able to update the local area and the maximum area can fall below 0.9880, it will point to a continuation of the fall. USD CHF Forecast Swiss Franc on November 1, 2016 suggests an attempt to increase in the…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continue to trade down, and at this point can be seen the structure of the movement for the pair as a forex model Triangle. With the breakdown of the lower boundary of the model is expected to accelerate the fall of quotes NZD USD to below 0.7050. NZD USD Forecast New Zealand Dollar on November 1, 2016 Cancellation option will be a strong growth of quotations of the pair and the breakdown of 0.7170 area, which point to a continuation of the development of upward correction…
Quotes Gold XAU USD continues to trade within the descending channel, despite the attempt of correction. As you can see, the values of the relative strength indicator again test the downward trend line, indicating a fall since the current levels. We are trying to sell gold with a stop above the level of 1280, quotations leaves the descending channel will indicate the development of an upward trend and the continued growth of quotations XAU USD. XAU USD Gold price forecast on November 1, 2016 The purpose of the fall and of the descending forex 1: 1 model is the area…
Quotes of the dollar yen currency pair USD JPY continues to test the upper boundary of the channel, which indicates a likely rebound and try to drop in prices pair Dollar Yen. Cancellation option will update the local maximum area that will provoke the continued growth of quotations USD JPY with a view above the level of 107. Dollar Yen Forecast USD JPY on November 1, 2016 A qualitative signal in favor of the fall will be the formation of topping models forex head and shoulders with a breakdown of the level of 104.50, where you can try short positions…
Quotes BRENT crude oil continues to trade lower, and at the moment is preserved for potential drop in prices and oil prices below $ 49 per barrel. Cancellation option will be a strong growth of quotations of oil above the level of 53 dollars per barrel. We continue to hold the sale of oil and are ready to increase the volume of short positions on decreasing development. Forecast prices BRENT oil on November 1, 2016 Also do not forget about the development of the descending wave pattern Wolfe in order to reduce the area below 43 dollars. Forecast prices BRENT…