FOREX Technical Analysis and Forecast EUR/JPY — June 21, 2016 Currency pair EUR/JPY, now trading under the pressure of growth. Consider the possibility of correction to the level of 120.12. Next, consider the continuation of the trend down on the floor next target at 109, as part of our review of Daily Forex Analysis and NEWS — June 21, 2016. FOREX Technical Analysis and Forecast GBP/JPY — June 21, 2016 Currency pair GBP/JPY, trading at a pressure of growth. At present, the market performed the least correction. Do not rule out the tension and to the level of 156.75. Further…
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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.
Quotes of the currency pair euro pound EUR GBP on the daily chart continues moving inside the descending pattern forex, 5-0. The purpose of the fall and testing of such a model is the area on the level below 0.7450. EUR GBP Forex forecast June 20, 2016 — June 24, 2016 Cancellation option of falling euro currency pair quotes pound will be a strong growth of the pair above the 0.7990 level, which will lead to the cancellation of a downward FX models 5-0. At the moment, we can expect a new attempt to test the upper boundary of the…
Quotes Gold XAU/USD failed to update the domain local maximum, thereby canceled reversal pattern head and shoulders. However, at the moment there is a potential for a fall in the descending pattern Wolfe waves. Weekly Forecast XAU USD June 20, 2016 — June 24, 2016 The purpose of the fall is the area of Gold quotes at a level below 1180. Cancellation option will break through the resistance level of up growth and development of the quotations above XAU USD area 1340. At the moment we should expect the upward correction attempt to complete the formation of reversal pattern at…
The currency pair New Zealand Dollar NZD/USD is testing resistance area densely descending pattern Wolfe waves. The purpose of the fall and testing of such a model is the area on the level below 0.66. Weekly Forecast NZD USD June 20, 2016 — June 24, 2016 Cancellation option quotations falling NZD USD will be strong growth of the pair above the 0.72 level, in this case it is necessary to expect continuation of growth of quotations of the New Zealand dollar against the US dollar. An additional signal in favor of the fall is the formation of reversal pattern failure…
The currency pair USD/CHF continues to trade within a descending channel on the daily chart. The current trading week ends franc sideways. Forecast USD CHF June 20, 2016 — June 24, 2016 At the moment, we can expect growth of quotations attempt USD CHF to the upper boundary of the descending channel, where we can expect the beginning of the fall and the development of a downtrend for the purpose at the level of 0.91. Cancellation option quotations falling USD CHF will be a strong growth of the pair above the 1.00 level. We continue to keep buying USD/CHF with…
Currency pair USD/JPY continued to fall in the downward trend. At the moment, there is potential for further drop in prices pair. As you can see, the nearest support on the relative strength indicator is slightly lower and the dollar against the yen is still room to fall. USD JPY Forecast June 20, 2016 — June 24, 2016 We continue to hold the sale of USD/JPY, and are ready to increase the volume of short positions on the pair. Cancellation option can become a strong growth of quotations of dollar yen in the area above the level of 106. USD…
The currency pair Canadian dollar against the US dollar USD/CAD is trading fully in line with expectations and our previous forecast USD/CAD. USD CAD Forecast June 20, 2016 — June 24, 2016 At the moment, there is the potential for the formation of inverted head and shoulders pattern, and the continued growth of quotations USD CAD to an higher level of 1.32. Cancellation option can be a drop in the Canadian dollar quotations below the level of 1.27, which will lead to the cancellation of a reversal pattern. We continue to keep buying the pair and stop the transaction transferred…
Quotes of WTI crude oil also showed a correction. At the moment, we are witnessing an uptrend line penetration, which may indicate the completion of the upward correction. Forecast WTI oil prices June 20, 2016 — June 24, 2016 In this case, we can expect the beginning of falling as early as next week’s trading. Cancellation option quotes and falling oil prices will be a strong increase in WTI above the 52 dollars per barrel. An additional signal for the continuation of the fall also acts breaking through the support line on the indicator of relative strength. But also do…
Quotes of oil BRENT showed a fall and could fall below $ 50 per barrel. At the moment, oil prices are testing the uptrend line, is expected to attempt to bounce up and only then break through the line and the continued development of the downward friction BRENT oil. Forecast BRENT for the week June 20, 2016 — June 24, 2016 Cancellation option will be a drop in prices and a strong increase in local high-level update. An additional signal in favor BRENT falling of quotations will test the breached border triangle pattern on the indicator of relative strength. The…
The pair AUD USD Australian dollar held the current trading week in the descending pattern 5-0. As you can see, the pair try to start from the top of the channel, target of the fall aud/usd quotes the area at a level below 0.71. AUD USD forecast for the week June 20, 2016 — June 24, 2016 Cancellation option of falling Australian dollar against the US quotes on the next trading week will be the pair above the 0.75 level. We continue to hold the sale in the case of a new upward correction willing to try to increase sales…