The currency pair Canadian dollar against the US dollar USD CAD continues to trade outside the uplink and currently there are risks to see the continued growth of quotations on a pair of width of the channel. Cancellation option could be a drop in prices pair below the level of the Canadian dollar 1.33, which could provoke a continuation of the fall to the bottom of the channel. Canadian Dollar Forecast USD CAD on November 1, 2016 We continue to try to buy the pair, and the whole incident under the oil forward attempt USD CAD quotes growth. Canadian Dollar…
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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.
Quotes of WTI crude oil continues to trade within the downward trend and currently retained potential for falling prices of oil in the area below the level of 40 dollars per barrel by the beginning of the descending pattern Wolfe waves. Oil WTI forecasts and analyst on November 1, 2016 Cancellation option may become strong Rots oil prices above the level of 54 dollars per barrel. The immediate goal of the fall is the test of the trend line at $ 47 per barrel. Oil WTI forecasts and analyst on November 1, 2016 assumes a continuation of the trend to…
Currency pair Australian dollar against the US dollar AUD USD continues to trade within the forex triangle patterns. At the moment, and the values of the indicator of the relative strength moving in the model Triangle, we expect the breakdown of the lower limit and the beginning of the fall of quotations pair below 0.74 within the mining model. Australian Dollar Forecast AUD USD on November 1, 2016 Cancellation option can become a strong growth of quotations AUD USD above 0.77 levels. But do not rule out a pair of correction attempt to 0.7640. Australian Dollar Forecast AUD USD on…
Currency pair pound dollar GBP USD is trading within the downward trend. At the moment, the pair quotes tight testing the upper limit of Descending Triangle chart pattern, the breakdown of which is down will accelerate the development of the pair fall. Cancellation option can become a strong growth of quotations of the pound against the dollar above the level of 1.2270, which indicates a potential continuation of upward correction. GBP USD Forecast pounds on November 1, 2016 An additional signal in favor of formation of topping forex head and shoulders pattern on the display relative strength, which also points…
Currency pair EUR USD Euro Dollar continues moving inside the descending channel, the pair correction will be continued, but it is too early to talk about the reversal of the current trend. At this point in favor of the fall is the next test the resistance line on the indicator of relative strength, also cannot exclude an attempt to test the upper limit of the downward channel. We continue to hold the sale of the euro dollar and try new short positions; cancellation scenario will be a strong growth of quotations above level 1.1030, which will point to a pair…
The currency pair USD CHF continues to trade within the upward channel and is currently testing the support area of dense, indicating a likely bounce up and development of an upward movement in order to increase quotations pair above the level of 1.01. An additional signal in favor of the growth of quotations USD CHF testing the rising trend line on the indicator of relative strength. We try to buy the pair usdchf the tight stop. Forex Forecast USD CHF Swiss Franc on October 31, 2016 Cancellation option will drop in prices and a break of the rising channel’s lower…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to test the area at the level of 0.7140. However, at the moment conserved potential for falling of pair of quotes in the area below the level of 0.7050. Forex forecast New Zealand Dollar NZD/USD on October 31, 2016 We continue to hold the sale NZD USD with a tight stop and willing to try new as the New Zealand dollar decline in prices. Forex forecast New Zealand Dollar NZD/USD on October 31, 2016 suggests an attempt to fall in the rebound from the upper…
Quotes Gold XAU USD continues to trade in line with expectations and at the moment there is a reversal of forex model as the price chart of Gold, and the indicator of relative strength, which points to a potential drop since the current levels in order to reduce at a level below the region in 1220 with the probable fall to the level of 1180. XAU USD Forex Forecast Gold price on October 31, 2016 Cancellation option will be a strong growth of quotations and sample area 1280 closing prices, which will point to the continued growth of gold prices.…
Quotes of the dollar yen currency pair USD JPY continues to trade outside of the ascending channel. Even after the price breaks the upper border, we can talk about trying to continue the growth of quotations of dollar yen pair to above the level of 106 in the framework of mining punched bandwidth. Analysis and forecast Dollar Yen USD/JPY on October 31, 2016 Cancellation option will be the growth of a drop in prices USD JPY The pair in the area below the level of 104.50, which will point to the continued decline to the level of the channel’s lower…
Quotes BRENT crude oil continues to trade on the level of resistance, and has the potential to see the beginning of the fall in the framework of working out a broken forex triangle patterns. The purpose of the fall is the area on the level below 49 dollars per barrel. Forecast prices BRENT crude oil on October 31, 2016 Cancellation option will increase in quotes above the strong level of 53 dollars per barrel, which indicates continued growth an couple. Also do not forget about the downward wave pattern Wolfe with a view to falling prices of oil below 43…