The currency pair Canadian dollar against the US dollar USD CAD continues to trade outside of the ascending channel. Presently stored risks of growth within the mining punched bandwidth. The purpose of growth is the area above the 1.3450 level. Cancellation option will drop in prices of the Canadian dollar below the level 1.3280, which will indicate the return into the channel and the continued decline in the area below the level of 1.3130. USD CAD forex forecast Canadian Dollar on October 28, 2016 But do not rule out a broken channel line test attempt and only after that to…
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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 descending Forex Wolfe Wave patterns in order to reduce the area below 42 dollars per barrel. As you can see, prices of oil broke through the border of support and at the moment there is the potential to see the continuation of the decline to the nearest support in the form of a rising channel’s lower border. Oil WTI forecast and analyst on October 28, 2016 Cancellation option will be a strong growth of quotations of oil and WTI prices above the level of 52 dollars per barrel. Oil WTI…
Currency pair Australian dollar against the US dollar AUD USD showed a fall and is currently retained potential for falling of pair of quotes in the area below the level of 0.75. Cancellation option will be a strong growth of quotations AUD USD higher than 0.77, which points to continued growth in the Australian dollar prices. AUD USD Forecast Australian Dollar October 28, 2016 As you can see, the value of the indicator of the relative strength continues moving inside the descending channel, and there is potential for further reduction to below 30. AUD USD Forecast Australian Dollar October 28,…
Currency pair pound dollar GBP USD continues to trade within a descending development trend of the quotations were able to show a continuation of the correction, but there is still potential for a fall of quotations of the dollar against the pound. As you can see, there is a test of the descending trend line on the indicator of relative strength, it also points to the drop since the current levels. GBP USD Forex Forecast pounds on October 28, 2016 Cancellation option will be a strong growth of the pair GBP USD and a break of the trend line that…
Currency pair EUR USD continues to develop fall. Currently, the relative strength indicator values again tested downward trend line indicates that the potential drop since the current levels. We continue to keep selling the dollar and the euro is trying to increase the volume of short positions on the pair with a close stop. The purpose of the fall is entering the region at a level below 1.0850. EUR USD Euro Dollar exchange rate forecast October 28, 2016 Cancellation option will be a strong growth of quotations EUR USD above the 1.0970 level, which points to a continuation of the…
The currency pair USD CHF is trading within the uptrend with a potential upside target above the level of 1.01. In favor of the continued growth of quotations couples Frank Dollar testing the rising trend line on the indicator of relative strength. USD CHF Forecast Swiss Franc on October 27, 2016 Cancellation option will drop in prices below the level of USD/CHF 0.9840, which will indicate the continued decline in the area below the level of 0.9750. USD CHF Forecast Swiss Franc on October 27, 2016 suggests an attempt to couple the growth of quotations in the rebound from the…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to trade within the development and correction at the moment there is a potential for further reduction in the area below the level of 0.7050. We continue to hold short positions on the pair NZD/USD with a close stop. NZD USD Forecast New Zealand Dollar on October 27, 2016 Cancellation option will be a strong growth of quotations of the New Zealand dollar above the level of 0.7290. In favor of the reduction in favor of formation of topping models forex head and shoulders on…
Quotes Gold XAU USD continues to trade at the level of 1275. To date, the potential is retained for the fall of quotations and prices for Gold to below the level of 1180. In the fall of quotations favor testing the descending trend line on the indicator of relative strength, which also indicates a decline from current levels. XAU USD Forex Forecast Gold prices on October 27, 2016 Cancellation option will be a strong growth of quotations XAU/USD above the level of 1285, which points to a continuation of upward correction. XAU USD Forex Forecast Gold prices on October 27,…
Quotes of the dollar yen currency pair USD JPY continue to test resistance area at 104.50. Currently retained potential for further drop in prices pair Dollar Yen to below 101. USD JPY FOREX forecast dollar exchange rate on October 27, 2016 Cancellation option will be a strong growth of quotations of USD/JPY above the level of 105, which indicates continued growth and an acceleration of the upward trend due to the breakdown of the rising channel top. USD JPY FOREX forecast dollar exchange rate on October 27, 2016 suggests an attempt to fall in the rebound from the upper boundary…
Quotes BRENT crude oil continues to trade in line with expectations. At the moment, oil prices broke through the lower boundary of the model triangle, which points to a continuation of the fall to below $ 49 per barrel. Cancellation option quotes and falling oil prices will be strong BRENT quotations growth higher than 54 dollars per barrel, which will indicate the likely continued growth. Analysis and forecast of oil prices BRENT on October 27, 2016 We continue to hold the sale of oil and are ready to increase the volume of sales to the extent of the fall, the…